Average Insurance Appraisers, Auto Damage Salary in Virginia
Yes, Virginia is a highly lucrative market for Insurance Appraisers, Auto Damages. With an average annual salary of $87,150, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $87,150 per year.
- Growth Trend: Salaries have shifted 22.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $88,540.
- Outlook: This role remains a specialized component of the broader Virginia economy.
Salary Overview
The average Insurance Appraisers, Auto Damage in Virginia earns+13.1%above the national average.
$41.9
$1,676
$7,263
Insurance Appraisers, Auto Damage Salary Trends (2020-2024)
Over the past 4 years, Insurance Appraisers, Auto Damage salaries in Virginia have experienced a rapid surge, growing by 22.4%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Insurance Appraisers, Auto Damage Salary Distribution in Virginia
The earning potential for Insurance Appraisers, Auto Damages in Virginia varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $78,970, while highly experienced professionals can command wages upwards of $88,540.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,970 | $38 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,363 | $31.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,570 | $39.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,938 | $52.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $88,540 | $42.6 |
Detailed Insurance Appraisers, Auto Damage Market Analysis
Relocation Context
Nominal Salary
$87,150
Gross Pay
Real Wage (Purchasing Power)
$85,947
Adjusted for COL (101.4)
In Virginia, the Cost of Living Index is 101.4. This reduces your effective purchasing power from $87,150 to $85,947.
Nearby Job Markets
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Frequently Asked Questions
How much does a Insurance Appraisers, Auto Damage make in Virginia?
The median annual salary for a Insurance Appraisers, Auto Damage in Virginia is $87,150. This typically ranges from $78,970 for entry-level positions to $88,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia is 13.1% higher than the national median of $77,050.
Is Virginia a good place for Insurance Appraisers, Auto Damages?
Yes, Virginia is financially attractive for Insurance Appraisers, Auto Damages. The average salary of $87,150 exceeds the national average. See distinct detailed breakdown below.
Is Virginia a good place to live for Insurance Appraisers, Auto Damages?
The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes employees in the Virginia area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Insurance Appraisers, Auto Damage • Data source: BLS OEWS 2024 •Jobs in Virginia