The annual salary statistics of advertising and promotions managers in Richmond, Virginia is shown in Table 1. The wage information of advertising and promotions managers in Richmond is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $80,590 |
| 25th Percentile Wage | $101,450 |
| 50th Percentile Wage | $124,870 |
| 75th Percentile Wage | $158,040 |
| 90th Percentile Wage | $181,490 |
Table 1 shows the average annual salary for advertising and promotions managers in Richmond, Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $181,490. The median (50th percentile) annual salary is $124,870. The average annual salary for the bottom 10 percent earners is $80,590.
The table and chart below show the trend of the median salary of advertising and promotions managers from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $124,870 | 4.11% | 12.01% |
| 2017 | $119,740 | 2.56% | - |
| 2016 | $116,670 | 7.86% | - |
| 2015 | $107,500 | 15.71% | - |
| 2014 | $90,610 | 1.79% | - |
| 2013 | $88,990 | -23.46% | - |
| 2012 | $109,870 | - | - |
From Table 3 we note that with a median annual salary of $124,870, Richmond is the highest paying city for advertising and promotions managers in state of Virginia, followed by Northwestern Virginia nonmetropolitan area (median annual salary $82,780). In comparison, the median annual salary of advertising and promotions managers in Richmond is 33.7 percent (33.7%) higher than that in Northwestern Virginia nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Richmond | |
| Northwestern Virginia nonmetropolitan area | |
| Virginia Beach-Norfolk-Newport News |