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Average Healthcare Practitioners and Technical Occupations Salary in Richmond, VA

Healthcare Practitioners and Technical Occupations in Richmond, VA, command an average annual salary of $99,000. This figure is slightly below the national average of $105,800, suggesting a localized market dynamic that influences compensation. Factors such as regional demand, the presence of major healthcare institutions, and the specific needs of the Virginia population contribute to this pay scale.

Executive Summary

  • Average Salary: $99,000 per year.
  • Growth Trend: Salaries have shifted 11.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,980.
  • Outlook: Richmond's healthcare sector demonstrates a robust presence, with 42,820 individuals employed in Healthcare Practitioners and Technical Occupations. The Location Quotient of 1.05 indicates a concentration of these roles slightly above the national average, signaling a healthy and potentially growing demand for skilled professionals within the region.
2024 Market Data

Salary Overview

$99,000

The average Healthcare Practitioners and Technical Occupations in Richmond, VA earns-6.4%below the national average.

BreakdownBased on 40h/week
Hourly

$47.6

Weekly

$1,904

Monthly

$8,250

Healthcare Practitioners and Technical Occupations Salary Distribution in Richmond, VA

Salary progression for Healthcare Practitioners and Technical Occupations in Richmond, VA, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries well into the higher percentiles, reflecting a clear career ladder and substantial earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$44,720$21.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$74,250$35.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$81,160$39
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$123,750$59.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$156,980$75.5

Detailed Healthcare Practitioners and Technical Occupations Market Analysis

Relocation Context

Nominal Salary

$99,000

Gross Pay

Real Wage (Purchasing Power)

$99,000

Adjusted for COL (100)

The average annual salary of $99,000 in Richmond aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a healthcare professional's income in Richmond is equivalent to the national average, making it a financially stable location for those considering a move.

Job Market Context

42,820

Total Jobs

65.585

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Richmond, VA has a slightly higher-than-average concentration of Healthcare Practitioners and Technical Occupations roles compared to the national norm.

With a Location Quotient of 1.05, Richmond's job market for Healthcare Practitioners and Technical Occupations is slightly more concentrated than the national average. This suggests a competitive yet stable environment where the demand for these roles is well-established, offering good opportunities for skilled professionals.

Nearby Job Markets

Frequently Asked Questions

How much does a Healthcare Practitioners and Technical Occupations make in Richmond, VA?

The median annual salary for a Healthcare Practitioners and Technical Occupations in Richmond, VA is $99,000. This typically ranges from $44,720 for entry-level positions to $156,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 6.4% lower than the national median of $105,800.

Is Richmond, VA a lucrative place for Healthcare Practitioners and Technical Occupationss?

Yes, Richmond offers a competitive compensation landscape for Healthcare Practitioners and Technical Occupations.The average salary of $99,000, coupled with a national cost of living index, provides strong earning potential. Furthermore, a location quotient above the national average indicates a healthy demand for these professionals in the area.

Is Richmond, VA a good place to live for Healthcare Practitioners and Technical Occupations?

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 ($83,740) and Northern West Virginia nonmetropolitan area.

How does Richmond's healthcare salary compare to the national average?

The average annual salary for Healthcare Practitioners and Technical Occupations in Richmond, VA, is $99,000, which is slightly lower than the national average of $105,800.

What is the concentration of healthcare jobs in Richmond compared to the rest of the US?

Richmond has a Location Quotient of 1.05 for these roles, indicating a concentration that is 5% higher than the national average, suggesting a slightly more robust job market.

Does the cost of living in Richmond affect the value of the $99,000 salary?

No, the cost of living in Richmond is exactly at the national average (100), meaning the $99,000 salary has the same purchasing power as it would nationally.

How many healthcare practitioner jobs are there per 1,000 workers in Richmond?

There are approximately 65.59 healthcare practitioner jobs per 1,000 workers in Richmond, VA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 42,820 employees in the Richmond, VA area with a job density of 65.585 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.