SalaryNode

Average Shipping, Receiving, and Inventory Clerks Salary in Richmond, VA

In Richmond, VA, Shipping, Receiving, and Inventory Clerks earn an average annual salary of $44,420. This figure is remarkably close to the national average of $44,680, indicating a stable compensation landscape for these essential roles. Local economic factors and industry demand in Richmond contribute to this near-national parity.

Executive Summary

  • Average Salary: $44,420 per year.
  • Growth Trend: Salaries have shifted 19.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $60,860.
  • Outlook: Richmond, VA supports a substantial workforce of 3,850 Shipping, Receiving, and Inventory Clerks. The Location Quotient of 1.06 suggests a slightly higher concentration of these roles compared to the national average, pointing to a robust and potentially growing job market for these professionals within the region.
2024 Market Data

Salary Overview

$44,420

The average Shipping, Receiving, and Inventory Clerks in Richmond, VA earns-0.6%below the national average.

BreakdownBased on 40h/week
Hourly

$21.4

Weekly

$854

Monthly

$3,702

Shipping, Receiving, and Inventory Clerks Salary Distribution in Richmond, VA

Career progression for Shipping, Receiving, and Inventory Clerks in Richmond, VA, typically involves a salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior clerks with specialized skills or supervisory responsibilities can command salaries in the higher percentiles, reflecting a clear career trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,780$15.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$33,315$16
ManagerOversees team, compliance, and project delivery.50% (Median)$42,590$20.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$55,525$26.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$60,860$29.3

Detailed Shipping, Receiving, and Inventory Clerks Market Analysis

Relocation Context

Nominal Salary

$44,420

Gross Pay

Real Wage (Purchasing Power)

$44,420

Adjusted for COL (100)

The average annual salary of $44,420 in Richmond, VA aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Shipping, Receiving, and Inventory Clerk's salary in Richmond is equivalent to the national average, offering a stable financial footing for residents.

Job Market Context

3,850

Total Jobs

5.902

Per 1K Jobs

1.06

Location Quotient

Above Average

With a location quotient of 1.06, Richmond, VA has a slightly higher-than-average concentration of Shipping, Receiving, and Inventory Clerks roles compared to the national norm.

With a Location Quotient of 1.06, Richmond, VA demonstrates a slightly higher concentration of Shipping, Receiving, and Inventory Clerk positions than the national average. This suggests a healthy demand for these roles, indicating a competitive but accessible job market where skilled individuals are likely to find ample opportunities.

Nearby Job Markets

Frequently Asked Questions

How much does a Shipping, Receiving, and Inventory Clerks make in Richmond, VA?

The median annual salary for a Shipping, Receiving, and Inventory Clerks in Richmond, VA is $44,420. This typically ranges from $31,780 for entry-level positions to $60,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 0.6% lower than the national median of $44,680.

Is Richmond, VA a lucrative place for Shipping, Receiving, and Inventory Clerks?

Yes, Richmond, VA offers a competitive compensation landscape for Shipping, Receiving, and Inventory Clerks.The average salary is nearly identical to the national average, and the cost of living is also at the national benchmark, indicating strong purchasing power for these roles.

Is Richmond, VA a good place to live for Shipping, Receiving, and Inventory 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 Southside Virginia nonmetropolitan area ($43,630) and Northern West Virginia nonmetropolitan area.

How does Richmond's cost of living affect the salary for this role?

Richmond's cost of living index is 100, matching the national average. This means the $44,420 salary provides purchasing power equivalent to the national average, making it a stable financial environment for clerks.

What does the Location Quotient of 1.06 mean for job seekers?

A Location Quotient of 1.06 signifies a slightly higher concentration of Shipping, Receiving, and Inventory Clerk jobs in Richmond compared to the national average, suggesting good job availability and potential demand.

How many Shipping, Receiving, and Inventory Clerks are there in Richmond, VA?

Richmond, VA is home to approximately 3,850 Shipping, Receiving, and Inventory Clerks, representing a significant portion of the local workforce in logistics and supply chain roles.

Does experience significantly impact salary for this role in Richmond?

Yes, like most positions, experience plays a crucial role. Entry-level clerks will likely earn less, while those with several years of experience and advanced skills can expect to earn salaries in the higher percentiles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,850 employees in the Richmond, VA area with a job density of 5.902 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.