Average Laborers and Freight, Stock, and Material Movers, Hand Salary in Richmond, VA
In Richmond, VA, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $42,850. This figure is slightly above the national average of $41,390, suggesting that local economic factors and demand in the Richmond area contribute to this competitive compensation. The robust local workforce and specific industry needs likely play a role in this pay differential.
Executive Summary
- Average Salary: $42,850 per year.
- Growth Trend: Salaries have shifted 36.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $49,300.
- Outlook: Richmond, VA boasts a substantial workforce of 10,490 individuals in the Laborers and Freight, Stock, and Material Movers, Hand category. With a Location Quotient of 0.83, the concentration of these roles is slightly below the national average, indicating a stable but not overly saturated market. The presence of over 16 jobs per 1,000 workers underscores a consistent demand for these essential hands-on positions within the local economy.
Salary Overview
The average Laborers and Freight, Stock, and Material Movers, Hand in Richmond, VA earns+3.5%above the national average.
$20.6
$824
$3,571
Laborers and Freight, Stock, and Material Movers, Hand Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Laborers and Freight, Stock, and Material Movers, Hand in Richmond, VA have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and evolving labor market dynamics typically drive incremental increases in compensation for these vital roles, ensuring their pay keeps pace with the cost of living and industry demands.
Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Richmond, VA
Career progression for Laborers and Freight, Stock, and Material Movers, Hand in Richmond, VA typically sees significant salary increases with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and the value placed on accumulated expertise and efficiency in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,310 | $15.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $32,138 | $15.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,960 | $21.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $53,563 | $25.8 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $49,300 | $23.7 |
Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis
Relocation Context
Nominal Salary
$42,850
Gross Pay
Real Wage (Purchasing Power)
$42,850
Adjusted for COL (100)
The average annual salary of $42,850 in Richmond, VA aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a laborer's salary in Richmond is equivalent to the national average, offering a stable financial footing for residents without the added pressure of a significantly higher or lower cost of living.
Job Market Context
10,490
Total Jobs
16.066
Per 1K Jobs
0.83
Location Quotient
Richmond, VA has 0.83x the national average concentration of Laborers and Freight, Stock, and Material Movers, Hand jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.83, Richmond, VA has a slightly lower concentration of Laborers and Freight, Stock, and Material Movers, Hand compared to the national average. This suggests that while the demand is present, the market is not overly saturated, potentially offering good opportunities for skilled individuals. The job market is competitive but balanced, with a steady need for these essential workers.
Nearby Job Markets
Nearby Cities for Laborers and Freight, Stock, and Material Movers, Hand
Comparing salaries near Richmond, VA
Hiring Laborers and Freight, Stock, and Material Movers, Hands?
Frequently Asked Questions
How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Richmond, VA?
The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Richmond, VA is $42,850. This typically ranges from $31,310 for entry-level positions to $49,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 3.5% higher than the national median of $41,390.
Is Richmond, VA a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?
Yes, Richmond, VA offers competitive compensation for these roles.The average salary of $42,850 slightly exceeds the national average, and the cost of living is on par with the national average, indicating good purchasing power.
Is Richmond, VA a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?
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 ($36,840) and Northern West Virginia nonmetropolitan area.
How does Richmond's average salary compare to the national average for this job?
The average annual salary for Laborers and Freight, Stock, and Material Movers, Hand in Richmond, VA is $42,850, which is slightly higher than the national average of $41,390.
What is the concentration of these jobs in Richmond, VA?
Richmond, VA has a Location Quotient of 0.83 for Laborers and Freight, Stock, and Material Movers, Hand, indicating a slightly lower concentration than the national average.
How does the cost of living in Richmond affect salary expectations?
Richmond's Cost of Living Index is 100, matching the national average. This means the $42,850 salary offers purchasing power equivalent to the national average, making it a stable financial environment.
What is the total local workforce for this occupation in Richmond, VA?
There are approximately 10,490 individuals employed as Laborers and Freight, Stock, and Material Movers, Hand in the Richmond, VA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,490 employees in the Richmond, VA area with a job density of 16.066 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Laborers and Freight, Stock, and Material Movers, Hand • Data source: BLS OEWS 2024 •Jobs in Richmond, VA