Average Security and Fire Alarm Systems Installers Salary in Richmond, VA
Security and Fire Alarm Systems Installers in Richmond, VA, earn an average annual salary of $56,690. This figure is slightly below the national average of $59,970, suggesting that while demand exists, local market dynamics and potentially a slightly lower cost of living contribute to this compensation level. The specific economic factors within Richmond influence the pay scale for these essential roles.
Executive Summary
- Average Salary: $56,690 per year.
- Growth Trend: Salaries have shifted 6.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $71,230.
- Outlook: Richmond, VA, hosts a concentrated workforce of 470 Security and Fire Alarm Systems Installers, indicated by a Location Quotient of 1.35. This suggests a higher-than-average presence of these professionals relative to the national distribution, pointing towards a robust and potentially growing demand for their specialized skills within the local economy. The rate of 0.714 jobs per 1,000 workers further underscores the steady need for these installations and maintenance services.
Salary Overview
The average Security and Fire Alarm Systems Installers in Richmond, VA earns-5.5%below the national average.
$27.3
$1,090
$4,724
Security and Fire Alarm Systems Installers Salary Trends (2020-2024)
While specific historical data for Richmond is not provided, it is reasonable to assume that salaries for Security and Fire Alarm Systems Installers have seen a gradual upward trend over the past four years, mirroring national patterns. Factors such as increasing demand for security solutions, technological advancements in alarm systems, and general inflation likely contribute to salary growth in this sector.
Security and Fire Alarm Systems Installers Salary Distribution in Richmond, VA
Salary progression for Security and Fire Alarm Systems Installers in Richmond, VA, typically correlates with experience and skill specialization. Entry-level positions might start at a lower percentile, while seasoned professionals with expertise in complex systems or advanced troubleshooting command higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $39,660 | $19.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $42,518 | $20.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $60,100 | $28.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $70,863 | $34.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $71,230 | $34.2 |
Detailed Security and Fire Alarm Systems Installers Market Analysis
Relocation Context
Nominal Salary
$56,690
Gross Pay
Real Wage (Purchasing Power)
$56,690
Adjusted for COL (100)
The average annual salary of $56,690 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 an installer's salary in Richmond is equivalent to the national average, offering a stable financial environment for residents without the added pressure of significantly higher or lower living expenses.
Job Market Context
470
Total Jobs
0.714
Per 1K Jobs
1.35
Location Quotient
With a location quotient of 1.35, Richmond, VA has a slightly higher-than-average concentration of Security and Fire Alarm Systems Installers roles compared to the national norm.
With a Location Quotient of 1.35, Richmond, VA, demonstrates a notable concentration of Security and Fire Alarm Systems Installers compared to the national average. This indicates a competitive market where employers may need to offer attractive compensation and benefits to secure skilled talent, while also suggesting a strong ecosystem of service providers catering to local security needs.
Nearby Job Markets
Nearby Cities for Security and Fire Alarm Systems Installers
| City | Salary | Dist. |
|---|---|---|
| Northern West Virginia nonmetropolitan area Security and Fire Alarm Systems Installers Salary | $42,030↓ 26% | 41 mi |
| Southern West Virginia nonmetropolitan area Security and Fire Alarm Systems Installers Salary | $44,380↓ 22% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Security and Fire Alarm Systems Installerss?
Frequently Asked Questions
How much does a Security and Fire Alarm Systems Installers make in Richmond, VA?
The median annual salary for a Security and Fire Alarm Systems Installers in Richmond, VA is $56,690. This typically ranges from $39,660 for entry-level positions to $71,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 5.5% lower than the national median of $59,970.
Is Richmond, VA a lucrative place for Security and Fire Alarm Systems Installers?
Yes, with caveats.While the average salary is slightly below the national average, the strong concentration of installers and a cost of living at the national average indicate a stable and competitive market for these professionals.
Is Richmond, VA a good place to live for Security and Fire Alarm Systems Installers?
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 ($42,030) and Southern West Virginia nonmetropolitan area.
How does the local workforce size impact job prospects?
A local workforce of 470 indicates a significant pool of professionals, suggesting a stable job market with consistent demand for both new installations and ongoing maintenance services.
What does a Location Quotient of 1.35 mean for installers?
A Location Quotient above 1.0 signifies a higher concentration of this profession in Richmond compared to the national average, implying strong local demand and potentially more job opportunities.
How does Richmond's cost of living compare to the national average?
Richmond's Cost of Living Index is exactly 100, meaning it is on par with the national average. This allows the $56,690 salary to maintain its purchasing power relative to the rest of the country.
Are there many jobs per 1,000 workers for this role in Richmond?
With 0.714 jobs per 1,000 workers, there is a steady presence of Security and Fire Alarm Systems Installer roles, indicating consistent employment opportunities within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Richmond, VA area with a job density of 0.714 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Security and Fire Alarm Systems Installers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA