Average Food Service Managers Salary in Richmond, VA
Food Service Managers in Richmond, VA, earn an average annual salary of $72,080, which is remarkably aligned with the national average of $72,020. This parity suggests that while Richmond's cost of living is balanced, the local demand and operational scale within its food service sector effectively support this compensation level, reflecting a stable economic environment for these professionals.
Executive Summary
- Average Salary: $72,080 per year.
- Growth Trend: Salaries have shifted 14.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,270.
- Outlook: Richmond, VA, supports a local workforce of approximately 700 Food Service Managers. With a Location Quotient of 0.68, the concentration of these roles is slightly below the national average, indicating a potentially less saturated but still present demand for skilled management within the city's vibrant food service industry. The presence of over one Food Service Manager per thousand workers (1.076) underscores the ongoing need for leadership in this sector.
Salary Overview
The average Food Service Managers in Richmond, VA earns+0.1%above the national average.
$34.7
$1,386
$6,007
Food Service Managers Salary Trends (2020-2024)
While specific historical data for Richmond's Food Service Manager salaries over the past four years is not provided, it is reasonable to assume a general upward trend mirroring national patterns. Economic growth, inflation, and increasing demand for skilled management in the hospitality sector typically drive salary increases, suggesting that Food Service Managers in Richmond have likely seen their earning potential grow over time.
Food Service Managers Salary Distribution in Richmond, VA
Career progression for Food Service Managers in Richmond, VA, is typically marked by a significant increase in earning potential as experience grows. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and proven leadership skills can command salaries well into the upper percentiles, reflecting the value of their expertise in operational efficiency, team management, and financial oversight.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,280 | $22.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,060 | $26 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $64,620 | $31.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $90,100 | $43.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $102,270 | $49.2 |
Detailed Food Service Managers Market Analysis
Relocation Context
Nominal Salary
$72,080
Gross Pay
Real Wage (Purchasing Power)
$72,080
Adjusted for COL (100)
The nominal salary of $72,080 in Richmond, VA, offers considerable purchasing power, as the local Cost of Living Index stands precisely at the national average of 100. This means that the average salary provides a lifestyle equivalent to the national benchmark, allowing professionals to maintain a comparable standard of living without the financial strain often associated with higher-than-average living costs.
Job Market Context
700
Total Jobs
1.076
Per 1K Jobs
0.68
Location Quotient
Richmond, VA has 0.68x the national average concentration of Food Service 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 0.68 for Food Service Managers in Richmond, VA, indicates that the industry concentration is somewhat lower than the national average. This suggests that while the demand exists and is supported by a workforce of 700 professionals, the market may not be as intensely competitive or saturated as in other regions, potentially offering opportunities for skilled managers to establish themselves.
Nearby Job Markets
Nearby Cities for Food Service Managers
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Food Service Managers Salary | $67,330↓ 7% | 41 mi |
| Northern West Virginia nonmetropolitan area Food Service Managers Salary | $51,140↓ 29% | 41 mi |
| Southwest Virginia nonmetropolitan area Food Service Managers Salary | $64,330↓ 11% | 41 mi |
| Northwest Virginia nonmetropolitan area Food Service Managers Salary | $68,030↓ 6% | 41 mi |
| Southern West Virginia nonmetropolitan area Food Service Managers Salary | $54,800↓ 24% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Food Service Managerss?
Frequently Asked Questions
How much does a Food Service Managers make in Richmond, VA?
The median annual salary for a Food Service Managers in Richmond, VA is $72,080. This typically ranges from $47,280 for entry-level positions to $102,270 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 0.1% higher than the national median of $72,020.
Is Richmond, VA a lucrative place for Food Service Managers?
Yes, Richmond, VA offers a competitive salary for Food Service Managers.The average salary of $72,080 is on par with the national average, and with a cost of living index of 100, the purchasing power is equivalent to the national standard.
Is Richmond, VA a good place to live for Food Service 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 ($67,330) and Northern West Virginia nonmetropolitan area.
How does Richmond's Food Service Manager salary compare to the national average?
The average annual salary for Food Service Managers in Richmond, VA, is $72,080, which is nearly identical to the national average of $72,020, indicating a strong alignment in compensation.
What is the significance of the Location Quotient (LQ) for Food Service Managers in Richmond?
An LQ of 0.68 suggests that Food Service Manager roles are less concentrated in Richmond compared to the national average. This could imply a less saturated job market with potentially good opportunities for qualified candidates.
How does the Cost of Living in Richmond affect the Food Service Manager salary?
With a Cost of Living Index of 100, Richmond's living expenses are exactly at the national average. This means the $72,080 salary provides a purchasing power that is consistent with the national median.
What is the total number of Food Service Managers in Richmond, VA?
Richmond, VA, has an estimated workforce of 700 Food Service Managers, representing approximately 1.076 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 700 employees in the Richmond, VA area with a job density of 1.076 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Food Service Managers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA