SalaryNode

Average Installation, Maintenance, and Repair Workers, All Other Salary in Richmond, VA

Installation, Maintenance, and Repair Workers, All Other in Richmond, VA, earn an average annual salary of $47,360. This figure is slightly below the national average of $51,930, a common occurrence in markets where local economic factors and demand dynamics may influence compensation levels. Understanding these regional pay scales is crucial for career planning and financial management.

Executive Summary

  • Average Salary: $47,360 per year.
  • Growth Trend: Salaries have shifted 8.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,810.
  • Outlook: With a local workforce of 930 individuals in this role, Richmond, VA, presents a stable, albeit not exceptionally large, employment landscape for Installation, Maintenance, and Repair Workers, All Other. The Location Quotient of 1.2 indicates a slightly higher concentration of these professionals compared to the national average, suggesting a consistent demand that supports the existing workforce size.
2024 Market Data

Salary Overview

$47,360

The average Installation, Maintenance, and Repair Workers, All Other in Richmond, VA earns-8.8%below the national average.

BreakdownBased on 40h/week
Hourly

$22.8

Weekly

$911

Monthly

$3,947

Installation, Maintenance, and Repair Workers, All Other Salary Distribution in Richmond, VA

Salary progression for Installation, Maintenance, and Repair Workers, All Other, in Richmond, VA, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential as one moves from junior to senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$32,470$15.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$35,520$17.1
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$46,770$22.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$59,200$28.5
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$63,810$30.7

Detailed Installation, Maintenance, and Repair Workers, All Other Market Analysis

Relocation Context

Nominal Salary

$47,360

Gross Pay

Real Wage (Purchasing Power)

$47,360

Adjusted for COL (100)

The nominal average salary of $47,360 in Richmond, VA, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of this salary in Richmond is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to the cost of goods and services.

Job Market Context

930

Total Jobs

1.431

Per 1K Jobs

1.2

Location Quotient

Above Average

With a location quotient of 1.20, Richmond, VA has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Workers, All Other roles compared to the national norm.

A Location Quotient of 1.2 for Installation, Maintenance, and Repair Workers, All Other, in Richmond, VA, signifies a market with a slightly higher concentration of these jobs than the national average. This suggests a healthy demand for these skills within the region, indicating a competitive but accessible job market where opportunities are present for qualified individuals.

Nearby Job Markets

Frequently Asked Questions

How much does a Installation, Maintenance, and Repair Workers, All Other make in Richmond, VA?

The median annual salary for a Installation, Maintenance, and Repair Workers, All Other in Richmond, VA is $47,360. This typically ranges from $32,470 for entry-level positions to $63,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 8.8% lower than the national median of $51,930.

Is Richmond, VA a lucrative place for Installation, Maintenance, and Repair Workers, All Others?

Moderately so, with average pay aligning with the cost of living.While the average salary is slightly below the national average, the local cost of living is also at the national average, resulting in comparable purchasing power. The slightly higher concentration of these roles suggests steady demand.

Is Richmond, VA a good place to live for Installation, Maintenance, and Repair Workers, All Others?

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 ($53,730) and Northern West Virginia nonmetropolitan area.

How does the number of workers in Richmond compare to the national average?

Richmond has a local workforce of 930 Installation, Maintenance, and Repair Workers, All Other. While this is a substantial number, it's important to compare this to the national distribution to understand its relative significance.

What does a Location Quotient of 1.2 mean for this job in Richmond?

A Location Quotient of 1.2 indicates that Richmond, VA, has about 20% more of these workers per capita than the national average. This suggests a slightly stronger regional demand or a more established presence of this industry in the area.

Are there many job openings for this role in Richmond?

With 1.431 jobs per 1,000 workers, the rate of employment for Installation, Maintenance, and Repair Workers, All Other, in Richmond is slightly above the national average, indicating a consistent need for these services within the local economy.

How does the salary compare to other states?

The average salary of $47,360 in Richmond, VA, is below the national average of $51,930. Salaries can vary significantly by state due to differences in cost of living, industry concentration, and local economic conditions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 930 employees in the Richmond, VA area with a job density of 1.431 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.