Average Human Resources Managers Salary in Richmond, VA
Human Resources Managers in Richmond, VA, command an impressive average annual salary of $155,330. This figure is slightly below the national average of $164,620, reflecting a nuanced local market. Factors such as the specific industry mix and demand within the Richmond metropolitan area contribute to this compensation level.
Executive Summary
- Average Salary: $155,330 per year.
- Growth Trend: Salaries have shifted 26.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,190.
- Outlook: With a local workforce of 910 Human Resources Managers and a Location Quotient of 0.99, the job market in Richmond, VA, is stable and closely mirrors national employment concentrations. The presence of 1.388 jobs per 1,000 workers indicates a steady demand for HR professionals, suggesting a robust environment for those in or looking to enter this field.
Salary Overview
The average Human Resources Managers in Richmond, VA earns-5.6%below the national average.
$74.7
$2,987
$12,944
Human Resources Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Human Resources Managers in Richmond, VA, have experienced consistent growth over the past four years, aligning with broader economic trends and increasing demand for skilled HR professionals. This upward trajectory is likely driven by evolving workplace regulations and the growing importance of strategic HR functions.
Human Resources Managers Salary Distribution in Richmond, VA
The salary spectrum for Human Resources Managers in Richmond, VA, naturally widens with experience. Entry-level positions typically start at lower percentiles, while senior roles and those with extensive expertise command salaries in the upper percentiles. The discernible gaps between these percentile ranges highlight significant opportunities for career progression and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $93,630 | $45 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $116,498 | $56 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $137,380 | $66 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $194,163 | $93.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,190 | $107.3 |
Detailed Human Resources Managers Market Analysis
Relocation Context
Nominal Salary
$155,330
Gross Pay
Real Wage (Purchasing Power)
$155,330
Adjusted for COL (100)
Richmond, VA, presents a financially sound environment for Human Resources Managers, with an average annual salary of $155,330 aligning perfectly with a Cost of Living Index of 100. This means that the purchasing power of an HR Manager's salary in Richmond is equivalent to the national average, making it a stable location for financial planning and lifestyle.
Job Market Context
910
Total Jobs
1.388
Per 1K Jobs
0.99
Location Quotient
Richmond, VA has 0.99x the national average concentration of Human Resources Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.99 for Human Resources Managers in Richmond, VA, indicates that the concentration of these professionals is nearly identical to the national average. This suggests a balanced job market where demand and supply are in equilibrium, implying moderate competition but also consistent opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Human Resources Managers
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Human Resources Managers Salary | $133,820↓ 14% | 41 mi |
| Northern West Virginia nonmetropolitan area Human Resources Managers Salary | $109,970↓ 29% | 41 mi |
| Southwest Virginia nonmetropolitan area Human Resources Managers Salary | $128,630↓ 17% | 41 mi |
| Northwest Virginia nonmetropolitan area Human Resources Managers Salary | $135,360↓ 13% | 41 mi |
| Southern West Virginia nonmetropolitan area Human Resources Managers Salary | $105,920↓ 32% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Human Resources Managerss?
Frequently Asked Questions
How much does a Human Resources Managers make in Richmond, VA?
The median annual salary for a Human Resources Managers in Richmond, VA is $155,330. This typically ranges from $93,630 for entry-level positions to $223,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 5.6% lower than the national median of $164,620.
Is Richmond, VA a lucrative place for Human Resources Managers?
Yes, Richmond, VA offers a competitive salary for Human Resources Managers.The average salary of $155,330 is substantial, and with a Cost of Living Index of 100, the purchasing power is on par with the national average, making it a financially stable location.
Is Richmond, VA a good place to live for Human Resources 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 ($133,820) and Northern West Virginia nonmetropolitan area.
What is the average salary for a Human Resources Manager in Richmond, VA?
The average annual salary for a Human Resources Manager in Richmond, VA, is $155,330.
How does the Richmond HR Manager salary compare to the national average?
The average salary in Richmond, VA ($155,330) is slightly lower than the national average of $164,620.
What is the cost of living in Richmond, VA compared to the national average?
Richmond, VA has a Cost of Living Index of 100, which is exactly the national average.
How concentrated is the HR Manager job market in Richmond, VA?
The job market is nearly as concentrated as the national average, with a Location Quotient of 0.99, indicating a balanced market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 910 employees in the Richmond, VA area with a job density of 1.388 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Human Resources Managers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA