Average First-Line Supervisors of Retail Sales Workers Salary in Richmond, VA
In Richmond, VA, First-Line Supervisors of Retail Sales Workers earn an average annual salary of $54,960. This figure is notably higher than the national average of $52,320, suggesting that local market dynamics and demand contribute to a more favorable compensation landscape for these essential retail leaders. The economic environment in Richmond supports this elevated pay scale.
Executive Summary
- Average Salary: $54,960 per year.
- Growth Trend: Salaries have shifted 14.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $77,790.
- Outlook: With a local workforce of 5,000 individuals in this role and a Location Quotient of 1.06, Richmond demonstrates a slightly higher concentration of First-Line Supervisors of Retail Sales Workers compared to the national average. This indicates a robust and stable job market for these professionals, suggesting consistent demand and opportunities within the retail sector of the city.
Salary Overview
The average First-Line Supervisors of Retail Sales Workers in Richmond, VA earns+5.0%above the national average.
$26.4
$1,057
$4,580
First-Line Supervisors of Retail Sales Workers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for First-Line Supervisors of Retail Sales Workers across the nation, including in Richmond, VA, have experienced steady growth over the past four years. This upward trend is typically driven by inflation, increasing responsibilities, and the ongoing need for skilled retail management.
First-Line Supervisors of Retail Sales Workers Salary Distribution in Richmond, VA
Salary progression for First-Line Supervisors of Retail Sales Workers in Richmond, VA, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and proven leadership skills can expect to earn considerably more. The percentile gaps in earnings clearly signify the career advancement opportunities available within this role.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $34,680 | $16.7 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $41,220 | $19.8 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $48,500 | $23.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $68,700 | $33 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $77,790 | $37.4 |
Detailed First-Line Supervisors of Retail Sales Workers Market Analysis
Relocation Context
Nominal Salary
$54,960
Gross Pay
Real Wage (Purchasing Power)
$54,960
Adjusted for COL (100)
The average annual salary of $54,960 in Richmond, VA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a supervisor's salary in Richmond is equivalent to the national average, offering a stable financial standing without the added pressure of a higher cost of living.
Job Market Context
5,000
Total Jobs
7.66
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Richmond, VA has a slightly higher-than-average concentration of First-Line Supervisors of Retail Sales Workers roles compared to the national norm.
The Location Quotient of 1.06 for First-Line Supervisors of Retail Sales Workers in Richmond, VA, indicates a job market that is slightly more concentrated than the national average. This suggests a healthy demand for these roles, making the market competitive but also offering ample opportunities for qualified individuals to find employment.
Nearby Job Markets
Nearby Cities for First-Line Supervisors of Retail Sales Workers
Comparing salaries near Richmond, VA
Hiring First-Line Supervisors of Retail Sales Workerss?
Frequently Asked Questions
How much does a First-Line Supervisors of Retail Sales Workers make in Richmond, VA?
The median annual salary for a First-Line Supervisors of Retail Sales Workers in Richmond, VA is $54,960. This typically ranges from $34,680 for entry-level positions to $77,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 5.0% higher than the national median of $52,320.
Is Richmond, VA a lucrative place for First-Line Supervisors of Retail Sales Workers?
Yes, Richmond, VA offers a slightly more lucrative environment for these professionals.The average salary of $54,960 exceeds the national average, and the cost of living is on par with the national average, providing strong purchasing power.
Is Richmond, VA a good place to live for First-Line Supervisors of Retail Sales Workers?
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 ($48,390) and Northern West Virginia nonmetropolitan area.
How does Richmond's salary for this role compare to the national average?
The average annual salary for First-Line Supervisors of Retail Sales Workers in Richmond, VA, is $54,960, which is higher than the national average of $52,320.
What is the concentration of this job in Richmond, VA?
Richmond, VA has a Location Quotient of 1.06 for this role, indicating a slightly higher concentration of these jobs compared to the national average.
How does the cost of living affect the salary in Richmond?
Richmond's Cost of Living Index is 100, matching the national average. This means the $54,960 salary has the same purchasing power as the national average salary.
What does the job market look like for this role in Richmond?
With a total local workforce of 5,000 and a Location Quotient slightly above average, the job market for First-Line Supervisors of Retail Sales Workers in Richmond is robust and shows consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,000 employees in the Richmond, VA area with a job density of 7.66 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for First-Line Supervisors of Retail Sales Workers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA