Average Management Occupations Salary in Virginia
Management Occupations in Virginia command an impressive average annual salary of $153,710, surpassing the national average of $143,930. This elevated compensation reflects the state's robust economic activity and the high demand for skilled leadership across various sectors within Virginia.
Executive Summary
- Average Salary: $153,710 per year.
- Growth Trend: Salaries have shifted 8.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $230,565.
- Outlook: With a substantial local workforce of 261,140 individuals in management roles, Virginia demonstrates a significant presence in this field. The Location Quotient of 0.9 suggests that management occupations are nearly as concentrated in Virginia as they are nationally, indicating a stable and established job market with consistent demand for managerial talent.
Salary Overview
The average Management Occupations in Virginia earns+6.8%above the national average.
$73.9
$2,956
$12,809
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that management occupations in Virginia have experienced steady salary growth over the past four years, mirroring national trends. Economic expansion and evolving business needs typically drive an upward trajectory in compensation for experienced professionals in leadership positions.
Management Occupations Salary Distribution in Virginia
Salary progression for Management Occupations in Virginia is strongly tied to experience and specialization. Entry-level positions might start closer to the lower percentiles, while senior executives and highly specialized managers can command salaries well into the upper percentiles, often exceeding $200,000. These percentile gaps clearly signify the substantial career growth and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,800 | $30.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $115,283 | $55.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $136,430 | $65.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $192,138 | $92.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $230,565 | $110.8 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$153,710
Gross Pay
Real Wage (Purchasing Power)
$151,588
Adjusted for COL (101.4)
The average annual salary of $153,710 in Virginia for Management Occupations aligns closely with the state's Cost of Living Index of 101.4. This means that while the nominal salary is higher than the national average, the cost of living is also slightly above the national average, suggesting that purchasing power is relatively stable for those earning this salary.
Job Market Context
261,140
Total Jobs
64.248
Per 1K Jobs
0.9
Location Quotient
Virginia has 0.90x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.9 indicates that management occupations are slightly less concentrated in Virginia compared to the national average. This suggests a competitive yet accessible job market, where opportunities exist but may require a proactive approach to secure top positions, as the talent pool is not disproportionately larger than the national average.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Richmond, VA Management Occupations Salary | $144,020↓ 6% | 41 mi |
| Staunton-Stuarts Draft, VA Management Occupations Salary | $117,330↓ 24% | 56 mi |
| Harrisonburg, VA Management Occupations Salary | $119,020↓ 23% | 60 mi |
| Lynchburg, VA Management Occupations Salary | $125,240↓ 19% | 61 mi |
Comparing salaries near Virginia
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Virginia?
The median annual salary for a Management Occupations in Virginia is $153,710. This typically ranges from $63,800 for entry-level positions to $230,565 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia is 6.8% higher than the national median of $143,930.
Is Virginia a lucrative place for Management Occupationss?
Yes, Virginia offers lucrative opportunities for Management Occupations.The average salary of $153,710 significantly exceeds the national average, and while the cost of living is slightly higher, the compensation reflects strong demand for managerial expertise.
Is Virginia a good place to live for Management Occupations?
The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia?
Some top paying nearby cities include Richmond, VA ($144,020) and Staunton-Stuarts Draft, VA.
How does Virginia's management salary compare to the national average?
Management Occupations in Virginia earn an average of $153,710 annually, which is approximately $9,780 higher than the national average of $143,930.
What is the concentration of management jobs in Virginia?
Virginia has a Location Quotient of 0.9 for management occupations, indicating that these roles are present at a rate nearly equivalent to the national average, suggesting a balanced job market.
How does the cost of living affect the salary in Virginia?
With a Cost of Living Index of 101.4, Virginia is slightly more expensive than the national average. The $153,710 salary offers a purchasing power that is relatively in line with the slightly elevated cost of living.
What is the total number of management professionals in Virginia?
Virginia employs a significant workforce of 261,140 individuals in management occupations, highlighting the substantial presence and importance of these roles within the state's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 261,140 employees in the Virginia area with a job density of 64.248 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Occupations Salaries by State
Top Jobs in Virginia
- All Occupations Salary in Virginia
- Office and Administrative Support Occupations Salary in Virginia
- Business and Financial Operations Occupations Salary in Virginia
- Sales and Related Occupations Salary in Virginia
- Food Preparation and Serving Related Occupations Salary in Virginia
- Transportation and Material Moving Occupations Salary in Virginia
- Management Occupations Salary in Virginia
- Educational Instruction and Library Occupations Salary in Virginia
- Computer and Mathematical Occupations Salary in Virginia
- Healthcare Practitioners and Technical Occupations Salary in Virginia
- Browse All Jobs in Virginia →
Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Virginia