Average Structural Metal Fabricators and Fitters Salary in Richmond, VA
Structural Metal Fabricators and Fitters in Richmond, VA, earn an average annual salary of $50,970. This figure is slightly below the national average of $52,680, a common occurrence in regional markets where local economic factors and industry demand can influence compensation. The specific pay rates in Richmond are shaped by the interplay of local business needs and the available skilled workforce.
Executive Summary
- Average Salary: $50,970 per year.
- Growth Trend: Salaries have shifted 15.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,080.
- Outlook: Richmond, VA, hosts a concentrated workforce of 210 Structural Metal Fabricators and Fitters, with a Location Quotient of 0.95, indicating a market size very close to the national average. While the total workforce is modest, the presence of this group suggests a stable, albeit not rapidly expanding, demand for these skilled professionals within the local economy. The number of jobs per 1,000 workers (0.327) further reinforces the notion of a consistent, established presence rather than a burgeoning sector.
Salary Overview
The average Structural Metal Fabricators and Fitters in Richmond, VA earns-3.2%below the national average.
$24.5
$980
$4,248
Structural Metal Fabricators and Fitters Salary Trends (2020-2024)
While specific historical data for Richmond's Structural Metal Fabricators and Fitters is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national economic patterns. Factors such as inflation, increased demand for construction and infrastructure projects, and the growing need for specialized fabrication skills likely contributed to incremental salary growth for these professionals in the region.
Structural Metal Fabricators and Fitters Salary Distribution in Richmond, VA
The career trajectory for Structural Metal Fabricators and Fitters typically involves a significant salary increase with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command salaries well above the average. The percentile gaps in earnings clearly signify the progression from apprentice to journeyman and eventually to senior or supervisory roles, reflecting acquired expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $41,830 | $20.1 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $38,228 | $18.4 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $47,540 | $22.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,713 | $30.6 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $62,080 | $29.8 |
Detailed Structural Metal Fabricators and Fitters Market Analysis
Relocation Context
Nominal Salary
$50,970
Gross Pay
Real Wage (Purchasing Power)
$50,970
Adjusted for COL (100)
With an average annual salary of $50,970 and a Cost of Living Index of 100, Structural Metal Fabricators and Fitters in Richmond, VA, experience a salary that perfectly aligns with the national average cost of living. This means that the purchasing power of their income in Richmond is equivalent to that of someone earning the national average salary in a location with a national average cost of living, offering a balanced financial standing.
Job Market Context
210
Total Jobs
0.327
Per 1K Jobs
0.95
Location Quotient
Richmond, VA has 0.95x the national average concentration of Structural Metal Fabricators and Fitters jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.95 for Structural Metal Fabricators and Fitters in Richmond, VA, suggests a job market that is nearly on par with the national average in terms of concentration. This indicates a stable and competitive environment where the number of professionals is closely aligned with the demand for their skills. While not a market with an oversupply of workers, it also doesn't present a significant shortage, implying steady opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Structural Metal Fabricators and Fitters
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Structural Metal Fabricators and Fitters Salary | $42,690↓ 16% | 41 mi |
| Northern West Virginia nonmetropolitan area Structural Metal Fabricators and Fitters Salary | $50,440↓ 1% | 41 mi |
Comparing salaries near Richmond, VA
Hiring Structural Metal Fabricators and Fitterss?
Frequently Asked Questions
How much does a Structural Metal Fabricators and Fitters make in Richmond, VA?
The median annual salary for a Structural Metal Fabricators and Fitters in Richmond, VA is $50,970. This typically ranges from $41,830 for entry-level positions to $62,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 3.2% lower than the national median of $52,680.
Is Richmond, VA a lucrative place for Structural Metal Fabricators and Fitters?
Yes, Richmond, VA offers a balanced financial environment for Structural Metal Fabricators and Fitters.The average salary of $50,970 aligns perfectly with the national average cost of living (100), providing stable purchasing power. The market concentration is near the national average, suggesting consistent demand for skilled professionals.
Is Richmond, VA a good place to live for Structural Metal Fabricators and Fitters?
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 ($42,690) and Northern West Virginia nonmetropolitan area.
How does Richmond's salary compare to the national average for this role?
The average annual salary for Structural Metal Fabricators and Fitters in Richmond, VA, is $50,970, which is slightly lower than the national average of $52,680.
What is the concentration of Structural Metal Fabricators and Fitters in Richmond, VA?
Richmond, VA has a Location Quotient of 0.95 for this profession, indicating that the concentration of these workers is very close to the national average.
How does the cost of living in Richmond affect the salary?
Richmond's Cost of Living Index is 100, which is the national average. This means the $50,970 salary has the same purchasing power in Richmond as the national average salary does nationally.
What does the total local workforce size suggest about job opportunities?
With a total local workforce of 210 Structural Metal Fabricators and Fitters, the market is established, suggesting steady but not rapidly growing opportunities for these professionals in Richmond.
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 0.327 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Structural Metal Fabricators and Fitters • Data source: BLS OEWS 2024 •Jobs in Richmond, VA