Center for Economic Development - UMW Salary

How much does the Center for Economic Development - UMW Pay for employees?

As of August 2026, the average annual salary for employees at Center for Economic Development - UMW in the United States is $102,621. This translates to an approximate hourly wage of $49. Salaries at Center for Economic Development - UMW typically range from $89,702 to $117,500 annually, reflecting the diverse roles and experience levels within the company. Center for Economic Development - UMW’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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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 market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
120k
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Average Salary ($/year)
Center for Economic Development - UMW
Edu., Gov't. & Nonprofit
Raymond W Bliss Army Health Center
Us Army Air Force Exchange
Industry Comparison
Our data shows that, on average, compensation at Center for Economic Development - UMW is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 11%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Center for Economic Development - UMW average annual salary with several similar companies. Center for Economic Development - UMW average salary of $102,621 is higher than Raymond W Bliss Army Health Center, which has an average salary of $86,167. It is higher than Us Army Air Force Exchange, with their average salary at $91,198. This places Center for Economic Development - UMW in a competitive position among its peers.
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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. How much does Center for Economic Development - UMW in the United States pay?

Center for Economic Development - UMW pays its employees an average of $102,621 per year. The average salary at Center for Economic Development - UMW range from $89,702 to $117,500 per year. 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. Do Center for Economic Development - UMW employees get a higher salary than its peer company?

The salary at Center for Economic Development - UMW is higher than its peer company. 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 much does salary increase with years of experience at Center for Economic Development - UMW?

Salary progression with years of experience at Center for Economic Development - UMW is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Do salaries at Center for Economic Development - UMW vary by office location?

Yes, it's very likely that salaries at Center for Economic Development - UMW vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Richmond section provides more context.

5. Does Center for Economic Development - UMW offer good benefits?

Center for Economic Development - UMW typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Center for Economic Development - UMW" section on this page.