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Average Social Scientists and Related Workers, All Other Salary in Richmond, VA

In Richmond, VA, Social Scientists and Related Workers, All Other, command an impressive average annual salary of $116,420. This figure is remarkably close to the national average of $117,290, indicating a stable and competitive compensation landscape for these professionals within the state. The proximity to the national average suggests that local demand and the specific economic drivers within Richmond are closely aligned with broader U.S. trends for this specialized field.

Executive Summary

  • Average Salary: $116,420 per year.
  • Growth Trend: Salaries have shifted 39.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $191,100.
  • Outlook: The job market for Social Scientists and Related Workers, All Other, in Richmond, VA, shows a moderate level of concentration, as indicated by a Location Quotient of 1.42. While the total local workforce of 220 is not exceptionally large, this quotient suggests a slightly higher presence of these roles compared to the national average. This concentration, coupled with 0.34 jobs per 1,000 workers, points to a niche but potentially stable demand within the Richmond area, implying a healthy environment for those in this profession.
2024 Market Data

Salary Overview

$116,420

The average Social Scientists and Related Workers, All Other in Richmond, VA earns-0.7%below the national average.

BreakdownBased on 40h/week
Hourly

$56

Weekly

$2,239

Monthly

$9,702

Social Scientists and Related Workers, All Other Salary Distribution in Richmond, VA

Salary progression for Social Scientists and Related Workers, All Other, typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, develop specialized skills, and take on more complex projects, their earning potential increases substantially. The gap between entry-level and senior-level salaries often reflects a widening range of responsibilities and a higher demand for seasoned experts, showcasing clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$62,570$30.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$87,315$42
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$105,870$50.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$145,525$70
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$191,100$91.9

Detailed Social Scientists and Related Workers, All Other Market Analysis

Relocation Context

Nominal Salary

$116,420

Gross Pay

Real Wage (Purchasing Power)

$116,420

Adjusted for COL (100)

The nominal average annual salary of $116,420 in Richmond, VA, is perfectly balanced by the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Social Scientist's salary in Richmond is equivalent to the national average. Professionals relocating to Richmond can expect their earnings to translate directly into comparable living expenses, offering financial stability without the premium often associated with higher cost-of-living areas.

Job Market Context

220

Total Jobs

0.34

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Richmond, VA has a slightly higher-than-average concentration of Social Scientists and Related Workers, All Other roles compared to the national norm.

With a Location Quotient of 1.42, Richmond, VA, demonstrates a concentration of Social Scientists and Related Workers, All Other, that is 42% higher than the national average. This suggests a more robust and potentially competitive market for these specialized roles within the city compared to many other regions. While not an overwhelmingly large workforce, this higher quotient indicates a dedicated industry presence and a favorable environment for professionals seeking opportunities in this field.

Nearby Job Markets

Nearby Cities for Social Scientists and Related Workers, All Other

Comparing salaries near Richmond, VA

Hiring Social Scientists and Related Workers, All Others?

Frequently Asked Questions

How much does a Social Scientists and Related Workers, All Other make in Richmond, VA?

The median annual salary for a Social Scientists and Related Workers, All Other in Richmond, VA is $116,420. This typically ranges from $62,570 for entry-level positions to $191,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Richmond, VA is 0.7% lower than the national median of $117,290.

Is Richmond, VA a lucrative place for Social Scientists and Related Workers, All Others?

Yes, Richmond, VA offers a lucrative environment for Social Scientists and Related Workers, All Other.The average salary of $116,420 is nearly on par with the national average, and the Cost of Living Index of 100 means your earnings have strong purchasing power. Furthermore, a Location Quotient of 1.42 indicates a higher concentration of these roles than the national average, suggesting good local demand.

Is Richmond, VA a good place to live for Social Scientists and Related Workers, All Others?

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 Southern West Virginia nonmetropolitan area ($88,660) and others.

How does Richmond's cost of living compare to the national average for this role?

Richmond's cost of living is exactly at the national average (100), meaning the $116,420 salary offers purchasing power equivalent to the national average.

Is the job market for Social Scientists concentrated in Richmond?

Yes, the Location Quotient of 1.42 indicates that Richmond has a higher concentration of these professionals than the national average, suggesting a more focused job market.

What is the total number of Social Scientists and Related Workers, All Other, in Richmond?

There are approximately 220 individuals employed in this category within the Richmond, VA workforce.

How does the average salary in Richmond compare to the national average?

The average salary of $116,420 in Richmond is very close to the national average of $117,290, indicating competitive compensation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Richmond, VA area with a job density of 0.34 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.