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Average Construction Managers Salary in New Haven, CT

Construction Managers in New Haven, CT, command an impressive average annual salary of $123,180, slightly surpassing the national average of $119,770. This localized premium is often influenced by the specific demands of the regional construction landscape, project complexity, and the overall economic activity within Connecticut that necessitates skilled leadership in building and infrastructure development.

Executive Summary

  • Average Salary: $123,180 per year.
  • Growth Trend: Salaries have shifted 4.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,810.
  • Outlook: With a local workforce of 520 Construction Managers and a Location Quotient of 0.81, New Haven presents a stable, albeit not exceptionally concentrated, market for these professionals. The figure of 1.824 jobs per 1,000 workers indicates a steady presence and ongoing need for construction management expertise, suggesting a robust environment for those in the field.
2024 Market Data

Salary Overview

$123,180

The average Construction Managers in New Haven, CT earns+2.8%above the national average.

BreakdownBased on 40h/week
Hourly

$59.2

Weekly

$2,369

Monthly

$10,265

Construction Managers Salary Distribution in New Haven, CT

The career path for Construction Managers in New Haven, CT, offers significant earning potential that scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and leadership capabilities can command salaries in the upper percentiles. These percentile gaps clearly signify the substantial career progression and increased compensation opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$80,740$38.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,385$44.4
ManagerOversees team, compliance, and project delivery.50% (Median)$114,780$55.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$153,975$74
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$167,810$80.7

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$123,180

Gross Pay

Real Wage (Purchasing Power)

$123,180

Adjusted for COL (100)

The average annual salary of $123,180 in New Haven, CT, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Construction Manager's salary in New Haven is equivalent to the national average, offering a stable financial standing without significant gains or losses in real income compared to the rest of the country.

Job Market Context

520

Total Jobs

1.824

Per 1K Jobs

0.81

Location Quotient

Below Average

New Haven, CT has 0.81x the national average concentration of Construction Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.81 suggests that Construction Managers are slightly less concentrated in New Haven, CT, compared to the national average. This indicates a competitive market where demand is present but not overwhelmingly saturated, potentially offering good opportunities for skilled professionals without intense competition from a disproportionately large pool of peers.

Nearby Job Markets

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in New Haven, CT?

The median annual salary for a Construction Managers in New Haven, CT is $123,180. This typically ranges from $80,740 for entry-level positions to $167,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Haven, CT is 2.8% higher than the national median of $119,770.

Is New Haven, CT a lucrative place for Construction Managers?

Yes, New Haven, CT offers a lucrative environment for Construction Managers.Construction Managers in New Haven earn above the national average salary, and the cost of living is on par with the national average, indicating strong purchasing power.

Is New Haven, CT a good place to live for Construction Managers?

The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Haven, CT?

Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($133,630) and Waterbury-Shelton, CT.

How does New Haven's Construction Manager salary compare to the national average?

Construction Managers in New Haven, CT, earn an average of $123,180 annually, which is slightly higher than the national average of $119,770.

What is the job market like for Construction Managers in New Haven, CT?

The job market is stable with 520 Construction Managers employed locally and a Location Quotient of 0.81, indicating a steady demand for these professionals.

Does the cost of living affect the value of a Construction Manager's salary in New Haven?

No, the cost of living in New Haven is exactly at the national average (100), meaning the $123,180 salary has the same purchasing power as the national average salary.

How much does experience impact a Construction Manager's salary in New Haven?

Experience significantly impacts salary, with entry-level roles earning less and senior managers with extensive experience commanding higher salaries, reflecting clear career progression.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the New Haven, CT area with a job density of 1.824 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.