SalaryNode

Average Medical Secretaries and Administrative Assistants Salary in Richmond, VA

In Richmond, VA, Medical Secretaries and Administrative Assistants earn an average annual salary of $43,170. This figure is slightly below the national average of $45,380, a common occurrence in markets where local economic factors and demand dynamics may influence compensation levels. The specific pay rates in Richmond are shaped by the interplay of local healthcare industry needs and the overall economic landscape of the region.

Executive Summary

  • Average Salary: $43,170 per year.
  • Growth Trend: Salaries have shifted 14.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $54,600.
  • Outlook: Richmond, VA supports a substantial workforce of 3,370 Medical Secretaries and Administrative Assistants. With a Location Quotient of 0.96, the concentration of these roles in Richmond is nearly on par with the national average, indicating a stable and consistent demand for these administrative professionals within the local healthcare sector. The presence of over 5 jobs per 1,000 workers further underscores the steady employment opportunities available.
2024 Market Data

Salary Overview

$43,170

The average Medical Secretaries and Administrative Assistants in Richmond, VA earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$20.8

Weekly

$830

Monthly

$3,598

Medical Secretaries and Administrative Assistants Salary Distribution in Richmond, VA

Salary progression for Medical Secretaries and Administrative Assistants in Richmond, VA, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, potentially reaching the upper percentiles. The gap between entry-level and senior roles highlights the career advancement opportunities and the value placed on accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,150$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$32,378$15.6
ManagerOversees team, compliance, and project delivery.50% (Median)$41,790$20.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$53,963$25.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$54,600$26.3

Detailed Medical Secretaries and Administrative Assistants Market Analysis

Relocation Context

Nominal Salary

$43,170

Gross Pay

Real Wage (Purchasing Power)

$43,170

Adjusted for COL (100)

The average annual salary of $43,170 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 Medical Secretary's or Administrative Assistant's salary in Richmond is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses.

Job Market Context

3,370

Total Jobs

5.165

Per 1K Jobs

0.96

Location Quotient

Below Average

Richmond, VA has 0.96x the national average concentration of Medical Secretaries and Administrative Assistants 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 0.96, the job market for Medical Secretaries and Administrative Assistants in Richmond, VA, is closely aligned with the national average in terms of concentration. This suggests a competitive yet stable market where demand is consistent with the number of professionals available, offering a good balance for job seekers and employers alike.

Nearby Job Markets

Frequently Asked Questions

How much does a Medical Secretaries and Administrative Assistants make in Richmond, VA?

The median annual salary for a Medical Secretaries and Administrative Assistants in Richmond, VA is $43,170. This typically ranges from $36,150 for entry-level positions to $54,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 4.9% lower than the national median of $45,380.

Is Richmond, VA a lucrative place for Medical Secretaries and Administrative Assistants?

No, it is not significantly more lucrative than the national average.The average salary of $43,170 is slightly below the national average, and the cost of living is exactly at the national average, indicating comparable earning potential and purchasing power.

Is Richmond, VA a good place to live for Medical Secretaries and Administrative Assistants?

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 ($41,350) and Northern West Virginia nonmetropolitan area.

How does the number of Medical Secretaries and Administrative Assistants in Richmond compare nationally?

Richmond has a total local workforce of 3,370 Medical Secretaries and Administrative Assistants, with 5.165 jobs per 1,000 workers, which is very close to the national average concentration.

What is the impact of experience on salary for this role in Richmond?

Experience significantly impacts salary, with entry-level positions earning less and senior roles commanding higher pay, reflecting a typical career progression.

Does the cost of living in Richmond affect the value of the average salary?

No, the cost of living in Richmond is exactly at the national average (100), meaning the $43,170 salary has the same purchasing power as the national average salary.

Is the job market for Medical Secretaries and Administrative Assistants in Richmond saturated?

The market is not saturated; a Location Quotient of 0.96 indicates a healthy balance between the number of available jobs and the number of professionals in the field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,370 employees in the Richmond, VA area with a job density of 5.165 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.