SalaryNode

Average Human Resources Specialists Salary in Richmond, VA

Human Resources Specialists in Richmond, VA, command an average annual salary of $79,240, a figure that slightly edges out the national average of $79,090. This competitive compensation reflects the robust demand and specialized skill set required for HR roles within the Richmond metropolitan area. The local economic landscape and the concentration of businesses contribute to this favorable pay scale for HR professionals.

Executive Summary

  • Average Salary: $79,240 per year.
  • Growth Trend: Salaries have shifted 9.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,900.
  • Outlook: Richmond boasts a significant local workforce of 4,950 Human Resources Specialists, indicating a substantial presence in the job market. With a Location Quotient of 1.28, the concentration of these roles in Richmond is notably higher than the national average, suggesting a strong and potentially growing demand for HR expertise within the region. The rate of 7.589 jobs per 1,000 workers further underscores the active hiring environment for these professionals.
2024 Market Data

Salary Overview

$79,240

The average Human Resources Specialists in Richmond, VA earns+0.2%above the national average.

BreakdownBased on 40h/week
Hourly

$38.1

Weekly

$1,524

Monthly

$6,603

Human Resources Specialists Salary Distribution in Richmond, VA

Career progression for Human Resources Specialists in Richmond is typically marked by a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills or management responsibilities can expect to earn well into the upper percentiles, often exceeding $90,000. These percentile gaps clearly signify the substantial career growth and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,780$22
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$59,430$28.6
ManagerOversees team, compliance, and project delivery.50% (Median)$74,990$36.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$99,050$47.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,900$59.1

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$79,240

Gross Pay

Real Wage (Purchasing Power)

$79,240

Adjusted for COL (100)

The average annual salary of $79,240 for Human Resources Specialists in Richmond aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of an HR Specialist's salary in Richmond is equivalent to the national average, offering a stable financial footing for residents without the added pressure of higher living expenses.

Job Market Context

4,950

Total Jobs

7.589

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Richmond, VA has a slightly higher-than-average concentration of Human Resources Specialists roles compared to the national norm.

A Location Quotient of 1.28 signifies that Human Resources Specialists are more concentrated in Richmond, VA, than the national average. This suggests a competitive market where employers may actively seek out talent, but also indicates a healthy ecosystem of HR opportunities. Professionals may find a good balance between job availability and the need to stand out to secure desirable positions.

Nearby Job Markets

Frequently Asked Questions

How much does a Human Resources Specialists make in Richmond, VA?

The median annual salary for a Human Resources Specialists in Richmond, VA is $79,240. This typically ranges from $45,780 for entry-level positions to $122,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 0.2% higher than the national median of $79,090.

Is Richmond, VA a lucrative place for Human Resources Specialists?

Yes, Richmond, VA offers a lucrative environment for Human Resources Specialists.The average salary of $79,240 is slightly above the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.

Is Richmond, VA a good place to live for Human Resources Specialists?

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 ($74,590) and Northern West Virginia nonmetropolitan area.

How does the number of HR jobs in Richmond compare nationally?

Richmond has a higher concentration of HR Specialist jobs than the national average, as indicated by a Location Quotient of 1.28.

What is the cost of living for an HR Specialist in Richmond?

The cost of living in Richmond is exactly at the national average (100), meaning your salary of $79,240 has the same purchasing power as it would nationally.

Are there many HR Specialist jobs in Richmond?

Yes, with a total local workforce of 4,950 and 7.589 jobs per 1,000 workers, Richmond has a substantial number of HR Specialist positions.

How much more can an experienced HR Specialist earn in Richmond?

Experienced HR Specialists can expect significantly higher salaries, moving into upper percentiles that often surpass $90,000, reflecting substantial career growth potential.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,950 employees in the Richmond, VA area with a job density of 7.589 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.