What is the average salary in Virginia?
This article will take you through the main things you need to know about the average salaries and highest paying counties in Virginia.
Virginia is often cited as a state with a high cost of living, with Forbes ranking it as the 10th most expensive state to live in. This is largely due to the state's proximity to Washington D.C., which is one of the most expensive cities in the country. Despite this, Virginia offers a range of opportunities for those looking to earn a good salary.
The average salary in Virginia can vary greatly depending on the city or county you live in.
Fairfax County is consistently cited as one of the highest paying in the state, with an average salary of over $100,000.
It's important to note that average earnings by city or county is just one way of calculating wealth and earning potential. It doesn't take into account the type of jobs people do or the number of people living in a household.
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What is a good salary in Virginia?
Defining a "good" salary in Virginia can vary depending on several factors such as location, occupation, and personal circumstances. The median income in Virginia is $76,456. However, in areas with a high cost of living, such as Northern Virginia, a higher salary may be necessary to maintain a comfortable standard of living. It's important to consider factors such as housing costs, healthcare expenses, and other living expenses when determining what constitutes a "good" salary in Virginia.
What is the average salary in Virginia by age?
Similar to California, salaries in Virginia can also depend on age, with more senior workers typically earning more than younger workers. The median household income for householders under 25 in Virginia is $52,594, while householders aged 25 to 44 years old have a median income of $85,701. Those aged 45 to 64 years old have a median income of $96,376, and those 65 and older have a median income of $55,224, according to the 2019 American Community Survey data.
What is the average salary in Virginia by hour?
According to the Bureau of Labor Statistics, the average hourly wage in Virginia was $29.56 as of May 2020. This can vary depending on the industry and occupation, with some industries and positions commanding higher wages than others. It's important to note that the average hourly wage does not take into account the number of hours worked per week, so it's important to consider both the hourly wage and the number of hours worked when evaluating salary.
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What is the average salary in Virginia by city?
The average salary in Virginia can vary greatly depending on the city or county you live in. For example, cities like Arlington and Alexandria, which are both located in the Washington D.C. metropolitan area, have some of the highest average salaries in the state, with averages ranging from $96,000 to $122,000.
In terms of counties, Fairfax County is consistently cited as one of the highest paying in the state, with an average salary of over $100,000. This is largely due to the county's proximity to Washington D.C., as many residents work in the federal government or related industries.
It's important to note that average earnings by city or county is just one way of calculating wealth and earning potential. It doesn't take into account the type of jobs people do to earn above or below the average bracket, and it doesn't factor in the number of people living in a household. However, it can be a helpful way of understanding which areas offer good earning opportunities.
The following list shows the average earnings for some of the largest cities in Virginia, according to the US Census Bureau's latest American Community Survey:
What is the average salary in Virginia by county?
When reviewing average salaries in Virginia, it's important to take into account the fact that focusing solely on city averages can be misleading. To get a more comprehensive picture of earning potential across the state, it's worth considering average salaries by county as well.
Looking at average salaries by county takes into account areas outside of major cities, which can offer a different earning potential. The US Census Bureau's latest American Community Survey provides an average household income calculation for each county in Virginia, which can help to offer a broader idea of salary ranges.
Here are some of the highest paying counties in Virginia, according to the US Census Bureau's latest American Community Survey:
|County||Average household income|
|Falls Church City||$128,752|
What are the highest paying jobs in Virginia?
There’s another weighty factor that will influence how much you earn if you live in Virginia: your job type. Average salaries for various sectors and job roles can vary massively across the state, so it’s absolutely something to consider when looking at salaries by location.
Zippia has calculated a comprehensive list of annual salaries by job title. You can also find the top 10 highest-paying titles in Virginia below.
|Finance Services Director||$219,848|
|Primary Care Pediatrician||$212,238|
|Chief Medical Officer||$204,752|
|Senior Vice President, Sales||$202,485|
|Anesthesiologist, Pain Management Specialist||$192,597|
|President & Chief Operating Officer||$192,251|
|President Of Operations||$190,970|
|Vice President, Field Operations||$190,354|
|Associate Medical Director||$185,524|
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Kate has written for leading publications and blue chip companies over the last 20 years.