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Average Procurement Clerks Salary in Richmond, VA

Procurement Clerks in Richmond, VA, earn an average annual salary of $53,070, which is notably higher than the national average of $49,100. This localized pay differential is often influenced by regional economic factors and the specific demands of businesses operating within the Richmond metropolitan area.

Executive Summary

  • Average Salary: $53,070 per year.
  • Growth Trend: Salaries have shifted 5.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $66,500.
  • Outlook: With a total local workforce of 210 Procurement Clerks, Richmond presents a stable, albeit niche, job market for this role. The location quotient of 0.81 suggests a concentration slightly below the national average, indicating a steady demand that aligns with the number of professionals in the area rather than an oversupply or undersupply.
2024 Market Data

Salary Overview

$53,070

The average Procurement Clerks in Richmond, VA earns+8.1%above the national average.

BreakdownBased on 40h/week
Hourly

$25.5

Weekly

$1,021

Monthly

$4,423

Procurement Clerks Salary Distribution in Richmond, VA

Career progression for Procurement Clerks in Richmond typically involves moving from entry-level positions to more senior roles, with corresponding salary increases. While exact figures vary, the salary gap between junior and senior procurement clerks often widens significantly, reflecting increased responsibility, specialized skills, and years of experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$40,890$19.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$39,803$19.1
ManagerOversees team, compliance, and project delivery.50% (Median)$51,980$25
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$66,338$31.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$66,500$32

Detailed Procurement Clerks Market Analysis

Relocation Context

Nominal Salary

$53,070

Gross Pay

Real Wage (Purchasing Power)

$53,070

Adjusted for COL (100)

The average annual salary of $53,070 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 Procurement Clerk's salary in Richmond is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

210

Total Jobs

0.315

Per 1K Jobs

0.81

Location Quotient

Below Average

Richmond, VA has 0.81x the national average concentration of Procurement Clerks 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 0.81 for Procurement Clerks in Richmond indicates that the profession is slightly less concentrated than the national average. This suggests that while the role is present and valued, the market isn't saturated, potentially offering good opportunities for skilled professionals seeking employment in this sector.

Nearby Job Markets

Nearby Cities for Procurement Clerks

CitySalaryDist.
Northern West Virginia nonmetropolitan area Procurement Clerks Salary$43,760↓ 18%41 mi
Southern West Virginia nonmetropolitan area Procurement Clerks Salary$44,510↓ 16%41 mi

Comparing salaries near Richmond, VA

Hiring Procurement Clerkss?

Frequently Asked Questions

How much does a Procurement Clerks make in Richmond, VA?

The median annual salary for a Procurement Clerks in Richmond, VA is $53,070. This typically ranges from $40,890 for entry-level positions to $66,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 8.1% higher than the national median of $49,100.

Is Richmond, VA a lucrative place for Procurement Clerks?

Yes, Richmond, VA offers a competitive salary for Procurement Clerks.The average salary of $53,070 is above the national average, and the cost of living is on par with the national average, making it financially advantageous.

Is Richmond, VA a good place to live for Procurement Clerks?

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 Northern West Virginia nonmetropolitan area ($43,760) and Southern West Virginia nonmetropolitan area.

How does Richmond's Procurement Clerk salary compare to the national average?

Procurement Clerks in Richmond, VA, earn an average of $53,070 annually, which is approximately $3,970 more than the national average of $49,100.

What is the concentration of Procurement Clerks in Richmond, VA?

The concentration of Procurement Clerks in Richmond, VA, is indicated by a location quotient of 0.81, which is slightly below the national average, suggesting a balanced job market.

How does the cost of living in Richmond affect salary expectations?

Richmond's cost of living index is 100, matching the national average. This means the $53,070 salary provides purchasing power equivalent to the national average, making it a stable financial environment.

What is the total number of Procurement Clerks in Richmond, VA?

There are approximately 210 Procurement Clerks employed in the Richmond, VA area, representing a stable segment of the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Richmond, VA area with a job density of 0.315 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Procurement Clerks • Data source: BLS OEWS 2024 •Jobs in Richmond, VA