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Project Manager Average Salary in United States 2024

How much money does a person working as Project Manager make in United States?


Average Yearly Salary
124,000 USD
( 10,300 USD monthly)

LOW
65,500
USD
AVERAGE
124,000
USD
HIGH
188,000
USD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Project Manager in United States typically earns around 124,000 USD. Salaries range from 65,500 USD (lowest) to 188,000 USD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Project Manager salaries in United States vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Project Manager Pay Scale and Salaries in United States

Median and salary distribution United States Project Manager yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
111,000 USD or more
10% of people earn
99,200 to 111,000 USD
20% of people earn
73,100 USD or less
65% of people earn
73,100 to 99,200 USD
Minimum Salary
65,500 USD
Median
111,000 USD
Maximum
188,000 USD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Project Manager in United States range from 65,500 USD (starting salary) to 188,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 111,000 USD, half of the professionals who work as Project Manager in United States earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Project Manager in United States earn less than 92,900 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 126,000 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Project Manager in United States compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 73,100 USD to 99,200 USD. About 20% of salaries are below the 73,100 USD mark, while 10% fall within the range of 99,200 USD to 111,000 USD. Only 5% of individuals have salaries exceeding 111,000 USD.

Salary Comparison by Years of Experience / Project Manager / United States

How do experience and age affect pay?

0 - 2 Years
75,300 USD
2 - 5 Years+23%
92,400 USD
5 - 10 Years+42%
131,000 USD
10 - 15 Years+17%
153,000 USD
15 - 20 Years+10%
168,000 USD
20+ Years+6%
178,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly United States Project Manager
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Project Manager and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 75,300 USD.

While someone with an experience level between two and five years is expected to earn 92,400 USD, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 131,000 USD, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 153,000 USD, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 168,000 USD, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 178,000 USD, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Project Manager / United States

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Project Manager.

High School
91,200 USD
Certificate or Diploma+13%
103,000 USD
Bachelor's Degree+31%
135,000 USD
Master's Degree+32%
178,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly United States Project Manager
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Project Manager in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 91,200 USD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 103,000 USD, 13% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 135,000 USD, 31% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 178,000 USD, 32% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in United States costs anywhere from 39,600 USD to 119,000 USD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Project Manager / United States

Salary comparison by gender United States Project Manager yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Project Manager in United States, the average difference between the salary of male and female employees is 6%.

Male
127,000 USD
Female-5%
120,000 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Project Manager / United States

How much are annual salary increments in United States for individuals working as Project Manager? How often do employees get salary raises?

Individuals working as Project Manager in United States are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Project Manager
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Project Manager / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Project Manager
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21% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 79% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.

Received Bonus
79%
No Bonus
21%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Project Manager / United States


59 USD per hour

The average hourly wage (pay per hour) for individuals working as Project Manager in United States is 59 USD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Project Manager in United States is 32 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Business Planning-100%
Agile Coach117,000 USD-5%
Assistant Business Development Manager133,000 USD+8%
Assistant Merchandise Planner72,300 USD-42%
Business Advisor123,000 USD-1%
Business Analyst125,000 USD+1%
Business Consultant114,000 USD-8%
Business Continuity Associate73,200 USD-41%
Business Developer73,800 USD-40%
Business Development Analyst84,600 USD-32%
Business Development Associate63,100 USD-49%
Business Development Coordinator65,000 USD-47%
Business Development Director169,000 USD+37%
Business Development Engineer97,100 USD-21%
Business Development Executive118,000 USD-5%
Business Development Manager147,000 USD+19%
Business Development Specialist114,000 USD-8%
Business Manager136,000 USD+10%
Business Operations Specialist114,000 USD-8%
Business Process Writer67,900 USD-45%
Business Systems Analyst115,000 USD-7%
Capacity Planner86,500 USD-30%
Capacity Planning Supervisor108,000 USD-13%
Change Communications Analyst104,000 USD-16%
Change Control Analyst109,000 USD-12%
Change Impact Analyst114,000 USD-8%
Chief Automation Officer146,000 USD+18%
Chief Innovation Officer152,000 USD+23%
Contracts Executive116,000 USD-6%
Corporate Strategy Analyst116,000 USD-6%
Cost Control Engineer74,300 USD-40%
Cost Controller86,700 USD-30%
Cost Estimator74,300 USD-40%
Crisis Management Specialist128,000 USD+4%
Data Executive59,600 USD-52%
Data Manager88,900 USD-28%
Data Processing Manager105,000 USD-15%
Development Researcher87,300 USD-29%
Digital Strategist119,000 USD-4%
Digital Transformation Manager120,000 USD-3%
Director of Business Development161,000 USD+30%
Director of Production Planning138,000 USD+12%
Drop Shipping Consultant103,000 USD-17%
Due Diligence Analyst128,000 USD+4%
Estimating Manager128,000 USD+4%
General Manager139,000 USD+12%
Growth Hacker88,500 USD-28%
Impact Assessment Specialist106,000 USD-14%
Impact Investing Analyst109,000 USD-12%
Incident Handler80,300 USD-35%
Incident Specialist102,000 USD-17%
Lean Consultant91,700 USD-26%
Manager157,000 USD+27%
Marketing and Business Development Manager141,000 USD+14%
Materials Planner53,000 USD-57%
Merchandise Assistant49,600 USD-60%
Merchandise Controller51,100 USD-59%
Merchandise Planner49,400 USD-60%
Online Consultant97,700 USD-21%
Online Reputation Manager93,500 USD-24%
Operations Analyst112,000 USD-9%
Operations Manager123,000 USD-1%
Operations Research Analyst70,300 USD-43%
Planning and Reporting Manager126,000 USD+2%
Planning Director152,000 USD+23%
Product Designer88,200 USD-29%
Product Manager95,800 USD-23%
Project Administrator73,700 USD-40%
Project Manager124,000 USD+0%
Project Planner77,800 USD-37%
Research Assistant62,700 USD-49%
Research Engineer77,100 USD-38%
Research Officer59,700 USD-52%
Risk Management Specialist110,000 USD-11%
Scholarship Coordinator58,600 USD-53%
Store Planner54,900 USD-56%
Strategy Director162,000 USD+31%
Top Research and Development Executive179,000 USD+45%

Salary Comparison By City

CityAverage Salary
Boston130,000 USD
Chicago137,000 USD
Houston136,000 USD
Las Vegas118,000 USD
Los Angeles144,000 USD
New York140,000 USD
San Francisco134,000 USD
San Jose132,000 USD

Salary Comparison By State

StateAverage Salary
Alabama130,000 USD
Alaska107,000 USD
Arizona132,000 USD
Arkansas115,000 USD
California137,000 USD
Colorado129,000 USD
Connecticut118,000 USD
Delaware114,000 USD
District of Columbia105,000 USD
Florida136,000 USD
Georgia139,000 USD
Hawaii112,000 USD
Idaho116,000 USD
Illinois129,000 USD
Indiana128,000 USD
Iowa124,000 USD
Kansas116,000 USD
Kentucky125,000 USD
Louisiana117,000 USD
Maine113,000 USD
Maryland132,000 USD
Massachusetts125,000 USD
Michigan135,000 USD
Minnesota120,000 USD
Mississippi118,000 USD
Missouri131,000 USD
Montana109,000 USD
Nebraska117,000 USD
Nevada113,000 USD
New Hampshire113,000 USD
New Jersey136,000 USD
New Mexico114,000 USD
New York138,000 USD
North Carolina127,000 USD
North Dakota108,000 USD
Ohio139,000 USD
Oklahoma119,000 USD
Oregon124,000 USD
Pennsylvania129,000 USD
Rhode Island110,000 USD
South Carolina129,000 USD
South Dakota108,000 USD
Tennessee131,000 USD
Texas131,000 USD
Utah116,000 USD
Vermont112,000 USD
Virginia128,000 USD
Washington132,000 USD
West Virginia110,000 USD
Wisconsin126,000 USD
Wyoming111,000 USD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Project Manager in United States?

A good and competitive compensation would range anywhere between 111,000 USD and 126,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Project Manager in United States ranges from 65,500 USD to 92,900 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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