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Average Healthcare Social Workers Salary in Richmond, VA

Healthcare Social Workers in Richmond, VA, earn an average annual salary of $67,370. This figure is slightly below the national average of $71,920, indicating a localized compensation trend. Factors such as the specific demand within Richmond's healthcare sector and regional economic conditions likely influence this pay differential.

Executive Summary

  • Average Salary: $67,370 per year.
  • Growth Trend: Salaries have shifted 22.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $84,930.
  • Outlook: With a total local workforce of 470 Healthcare Social Workers, Richmond presents a moderately sized professional community. The location quotient of 0.59 suggests that this profession is less concentrated in Richmond compared to the national average, implying a potentially stable but not overly saturated job market for these specialists.
2024 Market Data

Salary Overview

$67,370

The average Healthcare Social Workers in Richmond, VA earns-6.3%below the national average.

BreakdownBased on 40h/week
Hourly

$32.4

Weekly

$1,296

Monthly

$5,614

Healthcare Social Workers Salary Distribution in Richmond, VA

Career progression for Healthcare Social Workers in Richmond typically involves salary increases tied to experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear path for advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$46,420$22.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$50,528$24.3
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$64,750$31.1
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$84,213$40.5
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$84,930$40.8

Detailed Healthcare Social Workers Market Analysis

Relocation Context

Nominal Salary

$67,370

Gross Pay

Real Wage (Purchasing Power)

$67,370

Adjusted for COL (100)

The average annual salary of $67,370 in Richmond, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Healthcare Social Worker's salary in Richmond is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

470

Total Jobs

0.714

Per 1K Jobs

0.59

Location Quotient

Below Average

Richmond, VA has 0.59x the national average concentration of Healthcare Social Workers 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 0.59 indicates that Healthcare Social Workers are less prevalent in Richmond, VA, relative to the national landscape. This suggests that while the demand may not be exceptionally high, the market is not oversaturated, potentially offering good opportunities for those entering or established in the field.

Nearby Job Markets

Frequently Asked Questions

How much does a Healthcare Social Workers make in Richmond, VA?

The median annual salary for a Healthcare Social Workers in Richmond, VA is $67,370. This typically ranges from $46,420 for entry-level positions to $84,930 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 6.3% lower than the national median of $71,920.

Is Richmond, VA a lucrative place for Healthcare Social Workers?

No, it is not exceptionally lucrative compared to the national average.The average salary of $67,370 is below the national average of $71,920. However, the cost of living is on par with the national average, making the salary's purchasing power comparable.

Is Richmond, VA a good place to live for Healthcare Social 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 ($59,120) and Northern West Virginia nonmetropolitan area.

How does Richmond's Healthcare Social Worker salary compare to the national average?

Healthcare Social Workers in Richmond, VA, earn an average of $67,370 annually, which is approximately $4,550 less than the national average of $71,920.

What is the concentration of Healthcare Social Workers in Richmond, VA?

Richmond has a location quotient of 0.59 for Healthcare Social Workers, meaning the profession is less concentrated there compared to the national average.

Does the cost of living in Richmond affect the value of a Healthcare Social Worker's salary?

No, the cost of living in Richmond is exactly at the national average (100 index), so the $67,370 salary has the same purchasing power as the national average salary.

What does the job market look like for Healthcare Social Workers in Richmond?

The market is moderately sized with 470 professionals and a lower concentration than the national average, suggesting a stable demand without intense competition.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Richmond, VA area with a job density of 0.714 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.