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Average Meeting, Convention, and Event Planners Salary in Richmond, VA

Meeting, Convention, and Event Planners in Richmond, VA, earn an average annual salary of $59,260. This figure is slightly below the national average of $65,660, a common occurrence in metropolitan areas with a moderate cost of living. Local economic factors and the specific demand within Richmond's business and hospitality sectors influence this compensation.

Executive Summary

  • Average Salary: $59,260 per year.
  • Growth Trend: Salaries have shifted 3.3% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $87,900.
  • Outlook: With a total local workforce of 640 individuals in this role, Richmond presents a stable, albeit not overwhelmingly large, job market for Meeting, Convention, and Event Planners. The Location Quotient of 1.12 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

$59,260

The average Meeting, Convention, and Event Planners in Richmond, VA earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$28.5

Weekly

$1,140

Monthly

$4,938

Meeting, Convention, and Event Planners Salary Distribution in Richmond, VA

Career progression for Meeting, Convention, and Event Planners in Richmond typically involves a significant salary increase from entry-level to senior positions. While specific percentile data isn't available, the typical salary range widens considerably with experience, with senior planners commanding higher compensation due to their expertise in managing complex events, client relations, and strategic planning.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,730$17.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$44,445$21.4
ManagerOversees team, compliance, and project delivery.50% (Median)$53,530$25.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$74,075$35.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$87,900$42.3

Detailed Meeting, Convention, and Event Planners Market Analysis

Relocation Context

Nominal Salary

$59,260

Gross Pay

Real Wage (Purchasing Power)

$59,260

Adjusted for COL (100)

The average annual salary of $59,260 in Richmond aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of an event planner's salary in Richmond is equivalent to the national average, making it a financially neutral location for relocation from a cost-of-living perspective.

Job Market Context

640

Total Jobs

0.975

Per 1K Jobs

1.12

Location Quotient

Above Average

With a location quotient of 1.12, Richmond, VA has a slightly higher-than-average concentration of Meeting, Convention, and Event Planners roles compared to the national norm.

A Location Quotient of 1.12 signifies that Richmond has a slightly higher concentration of Meeting, Convention, and Event Planners than the national average. This suggests a healthy and somewhat specialized market for these professionals, indicating a demand that is at least on par with, if not slightly exceeding, the national benchmark.

Nearby Job Markets

Nearby Cities for Meeting, Convention, and Event Planners

CitySalaryDist.
Southside Virginia nonmetropolitan area Meeting, Convention, and Event Planners Salary$52,140↓ 12%41 mi
Northern West Virginia nonmetropolitan area Meeting, Convention, and Event Planners Salary$45,290↓ 24%41 mi
Southwest Virginia nonmetropolitan area Meeting, Convention, and Event Planners Salary$51,010↓ 14%41 mi
Northwest Virginia nonmetropolitan area Meeting, Convention, and Event Planners Salary$50,900↓ 14%41 mi
Southern West Virginia nonmetropolitan area Meeting, Convention, and Event Planners Salary$45,520↓ 23%41 mi

Comparing salaries near Richmond, VA

Hiring Meeting, Convention, and Event Plannerss?

Frequently Asked Questions

How much does a Meeting, Convention, and Event Planners make in Richmond, VA?

The median annual salary for a Meeting, Convention, and Event Planners in Richmond, VA is $59,260. This typically ranges from $35,730 for entry-level positions to $87,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 9.7% lower than the national median of $65,660.

Is Richmond, VA a lucrative place for Meeting, Convention, and Event Plannerss?

Moderately lucrative, with excellent cost-of-living alignment.While the average salary is slightly below the national average, the cost of living in Richmond is also at the national average, making the nominal salary's purchasing power equivalent. The slightly higher concentration of planners suggests a stable job market.

Is Richmond, VA a good place to live for Meeting, Convention, and Event Planners?

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 ($52,140) and Northern West Virginia nonmetropolitan area.

How does Richmond's job market compare to the national average for event planners?

Richmond's job market for event planners is slightly more concentrated than the national average, with a Location Quotient of 1.12, indicating a healthy demand relative to the workforce size.

What is the cost of living impact on an event planner's salary in Richmond?

The cost of living in Richmond is exactly at the national average (100), meaning the $59,260 salary offers the same purchasing power as the national average salary.

How many event planner jobs are there per 1,000 workers in Richmond?

There are approximately 0.975 jobs per 1,000 workers for Meeting, Convention, and Event Planners in Richmond, VA.

What is the total number of Meeting, Convention, and Event Planners in Richmond?

Richmond has a local workforce of 640 individuals employed as Meeting, Convention, and Event Planners.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 640 employees in the Richmond, VA area with a job density of 0.975 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Meeting, Convention, and Event Planners • Data source: BLS OEWS 2024 •Jobs in Richmond, VA