Average Industrial Machinery Mechanics Salary in Richmond, VA
Industrial Machinery Mechanics in Richmond, VA, command an average annual salary of $68,650. This figure slightly surpasses the national average of $66,990, indicating a strong local demand for these skilled professionals. The specific economic landscape and industrial base within Richmond contribute to this favorable compensation.
Executive Summary
- Average Salary: $68,650 per year.
- Growth Trend: Salaries have shifted 23.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $91,440.
- Outlook: With a local workforce of 1,900 Industrial Machinery Mechanics, Richmond demonstrates a significant concentration of these roles, as evidenced by a Location Quotient of 1.06. This suggests that the demand for mechanics in Richmond is slightly higher than the national average, indicating a robust and stable job market for this profession within the state.
Salary Overview
The average Industrial Machinery Mechanics in Richmond, VA earns+2.5%above the national average.
$33
$1,320
$5,721
Industrial Machinery Mechanics Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Machinery Mechanics in Richmond have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increasing demand for skilled labor, and advancements in machinery requiring specialized maintenance expertise.
Industrial Machinery Mechanics Salary Distribution in Richmond, VA
The career trajectory for Industrial Machinery Mechanics typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. These percentile gaps clearly signify the value of accumulated knowledge and expertise in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $46,060 | $22.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $51,488 | $24.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $66,070 | $31.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $85,813 | $41.3 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $91,440 | $44 |
Detailed Industrial Machinery Mechanics Market Analysis
Relocation Context
Nominal Salary
$68,650
Gross Pay
Real Wage (Purchasing Power)
$68,650
Adjusted for COL (100)
The average annual salary of $68,650 in Richmond, VA, aligns perfectly with the national average cost of living (index of 100). This means that the purchasing power of a mechanic's salary in Richmond is equivalent to the national average, making it a financially stable location for professionals in this field.
Job Market Context
1,900
Total Jobs
2.91
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Richmond, VA has a slightly higher-than-average concentration of Industrial Machinery Mechanics roles compared to the national norm.
A Location Quotient of 1.06 for Industrial Machinery Mechanics in Richmond signifies a slightly higher concentration of these jobs compared to the national average. This suggests a healthy, competitive market where employers actively seek skilled mechanics, potentially offering competitive wages and benefits to attract and retain talent.
Nearby Job Markets
Nearby Cities for Industrial Machinery Mechanics
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Industrial Machinery Mechanics Salary | $61,890↓ 10% | 41 mi |
| Northern West Virginia nonmetropolitan area Industrial Machinery Mechanics Salary | $61,600↓ 10% | 41 mi |
| Southwest Virginia nonmetropolitan area Industrial Machinery Mechanics Salary | $60,650↓ 12% | 41 mi |
| Northwest Virginia nonmetropolitan area Industrial Machinery Mechanics Salary | $68,020↓ 1% | 41 mi |
| Southern West Virginia nonmetropolitan area Industrial Machinery Mechanics Salary | $56,090↓ 18% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Industrial Machinery Mechanicss?
Frequently Asked Questions
How much does a Industrial Machinery Mechanics make in Richmond, VA?
The median annual salary for a Industrial Machinery Mechanics in Richmond, VA is $68,650. This typically ranges from $46,060 for entry-level positions to $91,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 2.5% higher than the national median of $66,990.
Is Richmond, VA a lucrative place for Industrial Machinery Mechanics?
Yes, Richmond, VA offers a slightly above-average salary for Industrial Machinery Mechanics.The average salary of $68,650 is higher than the national average, and the cost of living is on par with the national average, indicating good earning potential.
Is Richmond, VA a good place to live for Industrial Machinery Mechanics?
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 ($61,890) and Northern West Virginia nonmetropolitan area.
What is the average salary for an Industrial Machinery Mechanic in Richmond, VA?
The average annual salary for an Industrial Machinery Mechanic in Richmond, VA is $68,650.
How does Richmond's salary compare to the national average?
Richmond's average salary of $68,650 is slightly higher than the national average of $66,990.
What is the concentration of Industrial Machinery Mechanics in Richmond, VA?
Richmond has a Location Quotient of 1.06, indicating a slightly higher concentration of these jobs compared to the national average.
How does the cost of living in Richmond affect the salary?
Richmond's cost of living index is 100, which is the national average. This means the $68,650 salary has the same purchasing power as the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,900 employees in the Richmond, VA area with a job density of 2.91 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Machinery Mechanics • Data source: BLS OEWS 2024 •Jobs in Richmond, VA