Average Transportation, Storage, and Distribution Managers Salary in Richmond, VA
Transportation, Storage, and Distribution Managers in Richmond, VA, earn an impressive average annual salary of $119,590. This figure slightly surpasses the national average of $115,800, indicating a robust demand and competitive compensation landscape within the region. Factors such as the local economic drivers and the specific needs of the transportation and logistics sector in Richmond contribute to this favorable pay scale.
Executive Summary
- Average Salary: $119,590 per year.
- Growth Trend: Salaries have shifted 9.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $192,090.
- Outlook: With a total local workforce of 560 individuals in this specialized field, Richmond, VA, presents a focused yet stable job market for Transportation, Storage, and Distribution Managers. The Location Quotient of 0.62 suggests that while this role is not as concentrated as the national average, the presence of a dedicated workforce points to consistent opportunities and a steady demand for skilled professionals within the area's distribution and logistics networks.
Salary Overview
The average Transportation, Storage, and Distribution Managers in Richmond, VA earns+3.3%above the national average.
$57.5
$2,300
$9,966
Transportation, Storage, and Distribution Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Transportation, Storage, and Distribution Managers in Richmond, VA, have experienced steady growth over the past four years. This trend would likely mirror national patterns of increasing compensation driven by inflation, evolving industry demands, and the continuous need for efficient supply chain management.
Transportation, Storage, and Distribution Managers Salary Distribution in Richmond, VA
Salary progression for Transportation, Storage, and Distribution Managers in Richmond, VA, typically scales significantly with experience. Entry-level positions may start at a lower percentile, but with accumulated expertise and demonstrated leadership, professionals can advance to senior roles commanding higher salaries. The widening gap between entry-level and senior-level compensation percentiles reflects the value placed on seasoned managers who can optimize operations and navigate complex logistical challenges.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,980 | $31.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $89,693 | $43.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,140 | $48.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $149,488 | $71.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $192,090 | $92.4 |
Detailed Transportation, Storage, and Distribution Managers Market Analysis
Relocation Context
Nominal Salary
$119,590
Gross Pay
Real Wage (Purchasing Power)
$119,590
Adjusted for COL (100)
The average annual salary of $119,590 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 a Transportation, Storage, and Distribution Manager's salary in Richmond is equivalent to the national standard, offering a stable financial standing without the added pressure of a significantly higher or lower cost of living.
Job Market Context
560
Total Jobs
0.861
Per 1K Jobs
0.62
Location Quotient
Richmond, VA has 0.62x the national average concentration of Transportation, Storage, and Distribution Managers 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 0.62 for Transportation, Storage, and Distribution Managers in Richmond, VA, indicates that this profession is less concentrated locally compared to the national average. This suggests that while the market is not oversaturated, there is a steady presence of these roles, implying a balanced environment where skilled professionals can find opportunities without facing extreme competition, yet the demand is consistent.
Nearby Job Markets
Nearby Cities for Transportation, Storage, and Distribution Managers
Comparing salaries near Richmond, VA
Hiring Transportation, Storage, and Distribution Managerss?
Frequently Asked Questions
How much does a Transportation, Storage, and Distribution Managers make in Richmond, VA?
The median annual salary for a Transportation, Storage, and Distribution Managers in Richmond, VA is $119,590. This typically ranges from $64,980 for entry-level positions to $192,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Richmond, VA is 3.3% higher than the national median of $115,800.
Is Richmond, VA a lucrative place for Transportation, Storage, and Distribution Managerss?
Yes, Richmond, VA offers a lucrative environment for these professionals.The average salary of $119,590 surpasses the national average, and the cost of living is on par with the national index, indicating strong purchasing power.
Is Richmond, VA a good place to live for Transportation, Storage, and Distribution Managers?
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 ($92,670) and Northern West Virginia nonmetropolitan area.
How does Richmond's salary for this role compare to the national average?
Transportation, Storage, and Distribution Managers in Richmond, VA, earn an average of $119,590 annually, which is slightly higher than the national average of $115,800.
What is the concentration of Transportation, Storage, and Distribution Managers in Richmond, VA?
The concentration, measured by the Location Quotient, is 0.62, meaning the profession is less concentrated in Richmond compared to the national average.
How does the cost of living in Richmond affect the salary?
Richmond's Cost of Living Index is 100, matching the national average. This means the $119,590 salary offers purchasing power equivalent to the national standard.
What does the job market size suggest for this role in Richmond?
With 560 workers in this field locally, the job market is substantial enough to indicate consistent demand and opportunities for skilled Transportation, Storage, and Distribution Managers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Richmond, VA area with a job density of 0.861 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Transportation, Storage, and Distribution Managers • Data source: BLS OEWS 2024 •Jobs in Richmond, VA