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Average Facilities Managers Salary in Richmond, VA

Facilities Managers in Richmond, VA, earn an average annual salary of $115,940, a figure remarkably close to the national average of $116,350. This slight divergence from the national benchmark is influenced by a combination of local economic factors and the specific demand within the Richmond metropolitan area for skilled facility management professionals.

Executive Summary

  • Average Salary: $115,940 per year.
  • Growth Trend: Salaries have shifted 20.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $171,080.
  • Outlook: With a local workforce of 390 Facilities Managers and a Location Quotient of 0.65, Richmond presents a moderately concentrated job market. While not exceeding the national average in terms of concentration, the presence of nearly 400 professionals indicates a stable and established demand for these roles within the region's commercial and institutional sectors.
2024 Market Data

Salary Overview

$115,940

The average Facilities Managers in Richmond, VA earns-0.4%below the national average.

BreakdownBased on 40h/week
Hourly

$55.7

Weekly

$2,230

Monthly

$9,662

Facilities Managers Salary Distribution in Richmond, VA

Salary progression for Facilities Managers in Richmond, VA, is strongly tied to experience and demonstrated expertise. Entry-level positions typically start at the lower end of the pay scale, while senior roles, commanding greater responsibility and strategic oversight, can reach significantly higher figures. The percentile gaps in salary clearly signify the career progression opportunities available to dedicated professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$67,930$32.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$86,955$41.8
ManagerOversees team, compliance, and project delivery.50% (Median)$108,600$52.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$144,925$69.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$171,080$82.3

Detailed Facilities Managers Market Analysis

Relocation Context

Nominal Salary

$115,940

Gross Pay

Real Wage (Purchasing Power)

$115,940

Adjusted for COL (100)

The average annual salary of $115,940 in Richmond, VA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Facilities Manager's salary in Richmond is equivalent to that of their national counterparts, offering a stable financial environment for residents.

Job Market Context

390

Total Jobs

0.597

Per 1K Jobs

0.65

Location Quotient

Below Average

Richmond, VA has 0.65x the national average concentration of Facilities Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.65 suggests that Facilities Managers are less concentrated in Richmond, VA, compared to the national average. This indicates a potentially less saturated market, which could translate into more opportunities for skilled professionals seeking employment or career advancement, as demand may outpace the local supply of specialized talent.

Nearby Job Markets

Nearby Cities for Facilities Managers

CitySalaryDist.
Southside Virginia nonmetropolitan area Facilities Managers Salary$94,700↓ 18%41 mi
Northern West Virginia nonmetropolitan area Facilities Managers Salary$108,260↓ 7%41 mi
Southwest Virginia nonmetropolitan area Facilities Managers Salary$99,480↓ 14%41 mi
Northwest Virginia nonmetropolitan area Facilities Managers Salary$100,360↓ 13%41 mi
Southern West Virginia nonmetropolitan area Facilities Managers Salary$113,940↓ 2%41 mi

Comparing salaries near Richmond, VA

Hiring Facilities Managerss?

Frequently Asked Questions

How much does a Facilities Managers make in Richmond, VA?

The median annual salary for a Facilities Managers in Richmond, VA is $115,940. This typically ranges from $67,930 for entry-level positions to $171,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 0.4% lower than the national median of $116,350.

Is Richmond, VA a lucrative place for Facilities Managers?

Yes, Richmond, VA offers a competitive salary for Facilities Managers.The average salary of $115,940 is nearly on par with the national average, and the cost of living is also at the national average, indicating strong purchasing power for these professionals.

Is Richmond, VA a good place to live for Facilities Managers?

The Cost of Living Index in Richmond, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Richmond, VA?

Some top paying nearby cities include Southside Virginia nonmetropolitan area ($94,700) and Northern West Virginia nonmetropolitan area.

What is the average salary for a Facilities Manager in Richmond, VA?

The average annual salary for a Facilities Manager in Richmond, VA is $115,940.

How does Richmond's cost of living compare to the national average?

Richmond, VA has a cost of living index of 100, which is exactly the national average.

Is the Facilities Manager job market in Richmond, VA competitive?

With a Location Quotient of 0.65, the market is less concentrated than the national average, suggesting potentially good opportunities for skilled professionals.

What is the total number of Facilities Managers in Richmond, VA?

There are approximately 390 Facilities Managers employed in the Richmond, VA area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Richmond, VA area with a job density of 0.597 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Facilities Managers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA