Hanover County Economic Development Salary

As of August 2026, the average annual salary for employees at Hanover County Economic Development in the United States is $85,734. This translates to an approximate hourly wage of $41. Salaries at Hanover County Economic Development typically range from $74,976 to $98,100 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Hanover County Economic Development Pay for Different Roles?

Explore detailed salary information for specific jobs at Hanover County Economic Development. Based on our data, the highest paying job is the President & Chief Executive Officer, with an annual salary of $663,657. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Hanover County Economic Development

Ready for your next career move? Explore current job openings at Hanover County Economic Development. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Hanover County Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does Hanover County Economic Development's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
National Association of Ordnance Contractors $77,422
-9.7%
Typical compensation structure for smaller regional agencies like National Association of Ordnance Contractors.
Ouachita Partnership for Economic Development $75,851
-11.5%
Ouachita Partnership for Economic Development likely leverages performance bonuses over the high base salary shown here.
Salinas California $93,867
+9.5%
Influenced by prevailing union wage agreements specific to Salinas California's sector.
Ua Center for Economic Development $80,270
-6.4%
Ua Center for Economic Development operates with a leaner overhead structure, impacting base wage offers.
Edu., Gov't. & Nonprofit Industry $115,341
+34.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Hanover County Economic Development

Considering a career at Hanover County Economic Development? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Cut approval times by half. Strong focus on community service. This organization invests heavily in employee wellness and professional growth. Opportunities for professional development abound. Strong sense of purpose and public service drives our mission.
Truly a pleasure to engage with for both long- and short-term projects. Reliable, stable, and mission-driven work. The job is structured, which helps keep tasks manageable. Ideal for those seeking stability, not stimulation. Engaging public forums. Work-life balance is moderate but may depend heavily on role and manager. The mission is clear, but innovation is limited by strict policies.
Leadership is approachable, and employee input is genuinely valued. It’s a safe place to be employed, though not the most inspiring. Leadership fosters an inclusive environment where every voice matters. Leadership shows real integrity.

Hanover County Economic Development Overview

Website
www.hanovervirginia.com
Founded In
1967
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
8200 Center Path Ln Mechanicsville Virginia VA 23116
Revenue
<$5 Million
Phone Number
+1 8043656464
Social Media
About Hanover County Economic Development
As a publicly-funded entity to promote economic development, the Hanover County Economic Developments (HCED) primary mission is to increase the countys tax base and create new jobs for its citizens. This mission is best accomplished by providing services to companies that are considering a location in the County and assistance to its existing businesses. Numerous programs, information sources and

What Benefits Does Hanover County Economic Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. Hanover County Economic Development offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Hanover County Economic Development.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Hanover County Economic Development, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Hanover County Economic Development salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Hanover County Economic Development

1. What is the typical salary range (low to high) for most roles at Hanover County Economic Development?

The typical annual salary range for most roles at Hanover County Economic Development is approximately from $74,976 to $98,100. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Hanover County Economic Development pay compared to National Association of Ordnance Contractors?

The average annual salary at Hanover County Economic Development is $85,734, or an hourly wage of $41, in comparison to National Association of Ordnance Contractors which pays $77,422 per year or $37 per hour.

3. How does experience level affect salary at Hanover County Economic Development?

Experience level is a significant factor in determining salary at Hanover County Economic Development, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

4. How can I determine if a salary offer from Hanover County Economic Development in Richmond is fair given the local cost of living?

To determine if a salary offer from Hanover County Economic Development in Richmond is fair, first compare the gross salary to our data for similar roles at Hanover County Economic Development and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.

5. What factors influence salary increases at Hanover County Economic Development?

Salary increases at Hanover County Economic Development are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.