The annual salary statistics of marketing managers in Richmond, Virginia is shown in Table 1. The wage information of marketing 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 | $85,700 |
| 25th Percentile Wage | $111,700 |
| 50th Percentile Wage | $153,200 |
| 75th Percentile Wage | $205,550 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for marketing managers in Richmond, Virginia in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $205,550. The median (50th percentile) annual salary is $153,200. The average annual salary for the bottom 10 percent earners is $85,700.
The table and chart below show the trend of the median salary of marketing managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $153,200 | 0.25% | 17.45% |
| 2018 | $152,820 | -2.15% | - |
| 2017 | $156,100 | 4.54% | - |
| 2016 | $149,010 | 5.07% | - |
| 2015 | $141,450 | 8.09% | - |
| 2014 | $130,010 | 10.52% | - |
| 2013 | $116,330 | -8.71% | - |
| 2012 | $126,460 | - | - |
From Table 3 we note that with a median annual salary of $153,200, Richmond is the second highest paying city for marketing managers in state of Virginia, following the highest paying city Charlottesville (median annual salary of $153,940). Compared with Charlottesville, the median annual salary of marketing managers in Richmond is .5 percent (.5%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Charlottesville | |
| Richmond | |
| Blacksburg-Christiansburg-Radford | |
| Kingsport-Bristol-Bristol | |
| Virginia Beach-Norfolk-Newport News | |
| Harrisonburg | |
| Roanoke | |
| Lynchburg | |
| Southwestern Virginia nonmetropolitan area |