Center for Economic Development - UMW Salary

As of August 2026, the average hourly salary for employees at Center for Economic Development - UMW in the United States is $49. This translates to an approximate annual wage of $102,621. Salaries at Center for Economic Development - UMW typically range from $43 to $56 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Center for Economic Development - UMW

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Is Center for Economic Development - UMW’s Pay Competitive? Salary Benchmarking Analysis

How does Center for Economic Development - UMW'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
Raymond W Bliss Army Health Center $41
-16.0%
Normalized for lower cost-of-living zones where Raymond W Bliss Army Health Center primarily operates.
Us Army Air Force Exchange $44
-11.1%
Typical compensation structure for smaller regional agencies like Us Army Air Force Exchange.
City of Noblesville Economic Development $40
-18.1%
Reflects market rates for standard general contracting, differing from specialized roles.
Thrift Savings Plan $41
-16.0%
Thrift Savings Plan operates with a leaner overhead structure, impacting base wage offers.
Edu., Gov't. & Nonprofit Industry $56
+12.4%
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 Center for Economic Development - UMW

Considering a career at Center for Economic Development - UMW? 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.
This education system demonstrates what happens when an organization truly values its people. This organization invests heavily in employee wellness and professional growth. Leadership encourages innovation and learning. Facilities are well-maintained and technology-rich. The inclusive, respectful culture promotes collaboration and innovation.
Overall, a reliable place with room for modest improvement. Teams are courteous, but collaboration can be minimal between departments. Management encourages professional development, and coworkers are reliable. Supervisors are approachable and fair.
The culture emphasizes process and compliance more than creativity or agility. A wonderful environment to grow and contribute meaningfully. There’s a real sense of pride in what we do, which keeps morale consistently high. Flexible working arrangements support a healthy work-life balance. You’re surrounded by mission-driven people who care. Leadership promotes collaboration, innovation, and profes...
Employees benefit from clear communication, supportive leadership, and well-structured professional development programs. The staff here are easy to work with and clearly experienced. This organization shows strong leadership, effective systems, and a passion for service. The benefits package is competitive, including tuition assistance that demonstrates their commitment to education. No penalties...

Center for Economic Development - UMW Overview

Website
www.economicdevelopment.umw.edu
Founded In
1992
Employees
50 - 100 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
1125 Emancipation Hwy Fredericksburg Virginia VA 22401
Revenue
$10 Million - $50 Million
Phone Number
-
Social Media
About Center for Economic Development - UMW
The University of Mary Washington Center for Economic Development, (established in 2011) inspires and enables entrepreneurs and their organizations to pursue economic growth through education, consulting, connecting, and supportive research.UMWs Center for Economic Development offers eight high-impact programs designed to meet the needs of the community, students, faculty, economic development sta

What Benefits Does Center for Economic Development - UMW Offer Beyond Salary?

A competitive compensation package is more than just a salary. Center for Economic Development - UMW 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 Center for Economic Development - UMW.
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 Center for Economic Development - UMW, 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 Center for Economic Development - UMW 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 Center for Economic Development - UMW

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

The typical salary range for most roles at Center for Economic Development - UMW is approximately from $43 to $56 per hour. 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 Center for Economic Development - UMW pay compared to Raymond W Bliss Army Health Center?

The average annual salary at Center for Economic Development - UMW is $102,621, or an hourly wage of $49, in comparison to Raymond W Bliss Army Health Center which pays $86,167 per year or $41 per hour.

3. How does experience level affect salary at Center for Economic Development - UMW?

Experience level is a significant factor in determining salary at Center for Economic Development - UMW, 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 Center for Economic Development - UMW in Richmond is fair given the local cost of living?

To determine if a salary offer from Center for Economic Development - UMW in Richmond is fair, first compare the gross salary to our data for similar roles at Center for Economic Development - UMW 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. Are the salaries listed for Center for Economic Development - UMW on Salary.com pre-tax or after-tax?

All salary figures displayed for Center for Economic Development - UMW, including average base salary and estimated total compensation, are pre-tax amounts. They do not account for federal, state, or local income taxes, nor deductions for benefits like health insurance or 401(k) contributions.