Sales Representatives in Richmond, VA, specializing in Technical and Scientific Products, earn an average annual salary of $114,280. This figure is remarkably close to the national average of $114,520, indicating a stable and competitive compensation landscape in the region. Local economic factors and industry demand in Richmond contribute to this parity.
Executive Summary
- Average Salary: $114,280 per year.
- Growth Trend: Salaries have shifted 5.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,370.
- Outlook: With a local workforce of 830 professionals in this specialized sales sector, Richmond presents a moderately concentrated market. The Location Quotient of 0.67 suggests that while not a national hub, there is a consistent presence and demand for these technical sales roles, indicating a stable job market with ongoing opportunities for skilled individuals.
Salary Overview
The average Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products in Richmond, VA earns-0.2%below the national average.
$54.9
$2,198
$9,523
Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products in Richmond have experienced growth over the past four years, mirroring national trends. Increased demand for specialized products and evolving sales strategies likely contribute to upward salary adjustments.
Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products Salary Distribution in Richmond, VA
Salary progression for Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products in Richmond is significantly influenced by experience. Entry-level positions typically start lower, while senior roles commanding higher commissions and base salaries are common. The widening gap between entry-level and senior percentile salaries reflects substantial career growth potential and increased earning capacity with proven expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $51,620 | $24.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $85,710 | $41.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $107,740 | $51.8 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $142,850 | $68.7 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $174,370 | $83.8 |
Detailed Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products Market Analysis
Relocation Context
Nominal Salary
$114,280
Gross Pay
Real Wage (Purchasing Power)
$114,280
Adjusted for COL (100)
The nominal average salary of $114,280 in Richmond, VA, is perfectly balanced by the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a technical sales representative's salary in Richmond is equivalent to the national standard, offering stable financial stability without the premium often associated with higher-cost metropolitan areas.
Job Market Context
830
Total Jobs
1.278
Per 1K Jobs
0.67
Location Quotient
Richmond, VA has 0.67x the national average concentration of Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products 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 0.67 indicates that Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products are slightly less concentrated in Richmond compared to the national average. This suggests a healthy, competitive market where employers actively seek talent, but it's not oversaturated, offering a good balance for job seekers looking for opportunities without extreme competition.
Nearby Job Markets
Nearby Cities for Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products
Comparing salaries near Richmond, VA
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Frequently Asked Questions
How much does a Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products make in Richmond, VA?
The median annual salary for a Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products in Richmond, VA is $114,280. This typically ranges from $51,620 for entry-level positions to $174,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 0.2% lower than the national median of $114,520.
Is Richmond, VA a lucrative place for Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products?
Yes, Richmond offers competitive compensation for these roles.The average salary is nearly identical to the national average, and the cost of living is also at the national average, making it a financially stable location for these professionals.
Is Richmond, VA a good place to live for Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products?
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 ($98,160) and Northern West Virginia nonmetropolitan area.
How does Richmond's salary compare to the national average for this role?
The average salary in Richmond, VA ($114,280) is very close to the national average ($114,520), indicating comparable earning potential.
What is the job market like for technical sales representatives in Richmond?
The market is moderately concentrated with a stable presence of these roles, suggesting consistent demand and opportunities within the local workforce of 830 professionals.
Does the cost of living in Richmond affect the value of the salary?
No, the cost of living in Richmond is exactly at the national average (100), meaning the $114,280 salary has the same purchasing power as the national average salary.
How many technical sales jobs are there per thousand workers in Richmond?
There are approximately 1.278 jobs per 1,000 workers in this sector in Richmond, VA, indicating a steady but not overwhelming presence of these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Richmond, VA area with a job density of 1.278 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales Representatives, Wholesale and Manufacturing, Technical and Scientific Products • Data source: BLS OEWS 2024 •Jobs in Richmond, VA