Average Parts Salespersons Salary in Richmond, VA
Parts Salespersons in Richmond, VA, earn an average annual salary of $43,410, which is notably higher than the national average of $42,390. This slight premium is often influenced by local market dynamics and the specific demand within the automotive and industrial sectors prevalent in the Richmond area.
Executive Summary
- Average Salary: $43,410 per year.
- Growth Trend: Salaries have shifted 37.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $60,510.
- Outlook: With a total local workforce of 1,310 Parts Salespersons, Richmond, VA, presents a stable employment landscape for this role. The Location Quotient of 1.17 indicates a concentration of these jobs that is slightly above the national average, suggesting a healthy and consistent demand for skilled professionals in this sector within the region.
Salary Overview
The average Parts Salespersons in Richmond, VA earns+2.4%above the national average.
$20.9
$835
$3,618
Parts Salespersons Salary Trends (2020-2024)
While specific historical data for Parts Salespersons in Richmond is not provided, it's reasonable to assume a trend of gradual salary growth over the past four years, mirroring national economic trends and inflation. Increased demand for automotive parts and services, coupled with a desire to retain skilled employees, likely contributed to upward pressure on wages.
Parts Salespersons Salary Distribution in Richmond, VA
Career progression for Parts Salespersons in Richmond, VA, typically involves salary increases tied to experience and expertise. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive product knowledge and strong sales records can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $27,690 | $13.3 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $32,558 | $15.7 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $38,290 | $18.4 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $54,263 | $26.1 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $60,510 | $29.1 |
Detailed Parts Salespersons Market Analysis
Relocation Context
Nominal Salary
$43,410
Gross Pay
Real Wage (Purchasing Power)
$43,410
Adjusted for COL (100)
The average annual salary of $43,410 in Richmond, VA, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Parts Salespersons' salary in Richmond is equivalent to the national average, offering a stable financial footing for residents.
Job Market Context
1,310
Total Jobs
2.004
Per 1K Jobs
1.17
Location Quotient
With a location quotient of 1.17, Richmond, VA has a slightly higher-than-average concentration of Parts Salespersons roles compared to the national norm.
Richmond, VA, exhibits a Parts Salespersons job market with a Location Quotient of 1.17, signifying a slightly higher concentration of these roles compared to the national average. This suggests that the market is neither oversaturated nor exceptionally scarce, indicating a balanced environment where job opportunities are reasonably accessible for qualified candidates.
Nearby Job Markets
Nearby Cities for Parts Salespersons
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Parts Salespersons Salary | $35,530↓ 18% | 41 mi |
| Northern West Virginia nonmetropolitan area Parts Salespersons Salary | $32,840↓ 24% | 41 mi |
| Southwest Virginia nonmetropolitan area Parts Salespersons Salary | $34,240↓ 21% | 41 mi |
| Northwest Virginia nonmetropolitan area Parts Salespersons Salary | $34,150↓ 21% | 41 mi |
| Southern West Virginia nonmetropolitan area Parts Salespersons Salary | $32,270↓ 26% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Parts Salespersonss?
Frequently Asked Questions
How much does a Parts Salespersons make in Richmond, VA?
The median annual salary for a Parts Salespersons in Richmond, VA is $43,410. This typically ranges from $27,690 for entry-level positions to $60,510 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 2.4% higher than the national median of $42,390.
Is Richmond, VA a lucrative place for Parts Salespersons?
Yes, Richmond, VA offers a slightly above-average earning potential for Parts Salespersons.The average salary of $43,410 in Richmond is higher than the national average, and the cost of living is on par with the national average, making it a financially stable location.
Is Richmond, VA a good place to live for Parts Salespersons?
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 ($35,530) and Northern West Virginia nonmetropolitan area.
How does the number of Parts Salespersons in Richmond compare nationally?
Richmond has 2.004 Parts Salespersons per 1,000 workers, which is slightly above the national average, indicating a moderate presence of this profession.
What is the significance of the Location Quotient (LQ) for Parts Salespersons in Richmond?
An LQ of 1.17 means that Parts Salespersons are 17% more concentrated in Richmond than the national average, suggesting a slightly stronger local demand or industry presence.
Does experience significantly impact a Parts Salespersons salary in Richmond?
Yes, like most roles, experience is a key factor. Senior Parts Salespersons with specialized knowledge and a proven sales track record typically earn more than entry-level staff.
How does the cost of living in Richmond affect the Parts Salespersons salary?
With a Cost of Living Index of 100, the national average, the $43,410 salary in Richmond provides purchasing power equivalent to the national average, making it a stable financial environment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,310 employees in the Richmond, VA area with a job density of 2.004 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Parts Salespersons • Data source: BLS OEWS 2024 •Jobs in Richmond, VA