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Average Natural Sciences Managers Salary in Richmond, VA

Natural Sciences Managers in Richmond, VA, earn an average annual salary of $136,980. This figure is notably below the national average of $185,920, suggesting that localized economic factors and industry demand within the Richmond area play a significant role in compensation levels for these specialized roles.

Executive Summary

  • Average Salary: $136,980 per year.
  • Growth Trend: Salaries have shifted 7.7% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $197,890.
  • Outlook: With a total local workforce of 240 Natural Sciences Managers, Richmond presents a modest but stable employment landscape for this profession. The location quotient of 0.56 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the market is not saturated, potentially offering a good balance for skilled professionals.
2024 Market Data

Salary Overview

$136,980

The average Natural Sciences Managers in Richmond, VA earns-26.3%below the national average.

BreakdownBased on 40h/week
Hourly

$65.9

Weekly

$2,634

Monthly

$11,415

Natural Sciences Managers Salary Distribution in Richmond, VA

Career progression for Natural Sciences Managers typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, experienced professionals can expect to command salaries well above the average, with higher percentiles reflecting greater responsibility, specialized knowledge, and a proven track record of leadership and innovation.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$94,450$45.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$102,735$49.4
ManagerOversees team, compliance, and project delivery.50% (Median)$121,010$58.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$171,225$82.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$197,890$95.1

Detailed Natural Sciences Managers Market Analysis

Relocation Context

Nominal Salary

$136,980

Gross Pay

Real Wage (Purchasing Power)

$136,980

Adjusted for COL (100)

The average annual salary of $136,980 in Richmond, VA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Natural Sciences Manager's salary in Richmond is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses.

Job Market Context

240

Total Jobs

0.368

Per 1K Jobs

0.56

Location Quotient

Below Average

Richmond, VA has 0.56x the national average concentration of Natural Sciences Managers 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 0.56 for Natural Sciences Managers in Richmond signifies that the profession is less concentrated locally than the national average. This suggests that while the demand may not be as high as in major hubs, the market is less competitive, potentially providing a more accessible entry point for qualified individuals seeking roles in this field.

Nearby Job Markets

Hiring Natural Sciences Managerss?

Frequently Asked Questions

How much does a Natural Sciences Managers make in Richmond, VA?

The median annual salary for a Natural Sciences Managers in Richmond, VA is $136,980. This typically ranges from $94,450 for entry-level positions to $197,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 26.3% lower than the national median of $185,920.

Is Richmond, VA a lucrative place for Natural Sciences Managerss?

No, not compared to the national average.While the average salary of $136,980 is substantial, it falls significantly below the national average of $185,920. However, the cost of living is on par with the national average, making the nominal salary's purchasing power comparable.

Is Richmond, VA a good place to live for Natural Sciences Managers?

The Cost of Living Index in Richmond, VA is 100. While higher than average, this often correlates with higher wages.

What is the average salary for a Natural Sciences Manager in Richmond, VA?

The average annual salary for a Natural Sciences Manager in Richmond, VA, is $136,980.

How does Richmond's cost of living compare to the national average?

Richmond, VA, has a cost of living index of 100, which is exactly the national average.

Is the job market for Natural Sciences Managers strong in Richmond, VA?

The market is moderately present, with a location quotient of 0.56 indicating a lower concentration than the national average, suggesting a less competitive but also less abundant job pool.

How many Natural Sciences Managers are there in Richmond, VA?

There are approximately 240 Natural Sciences Managers employed 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 240 employees in the Richmond, VA area with a job density of 0.368 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Natural Sciences Managers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA