Average Construction Managers Salary in New York
Construction Managers in New York command an impressive average annual salary of $155,760, substantially exceeding the national average of $119,770. This elevated compensation is largely driven by the state's dynamic construction landscape, robust infrastructure projects, and the inherent complexities of managing large-scale developments in a high-demand market.
Executive Summary
- Average Salary: $155,760 per year.
- Growth Trend: Salaries have shifted 10.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $233,640.
- Outlook: With a local workforce of 8,170 Construction Managers, New York presents a significant employment hub for this profession. Although the Location Quotient of 0.38 suggests a lower concentration relative to the national average, the sheer volume of jobs (0.856 per 1,000 workers) indicates a steady demand for skilled professionals in the state's burgeoning construction sector.
Salary Overview
The average Construction Managers in New York earns+30.0%above the national average.
$74.9
$2,995
$12,980
Construction Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a positive salary growth trend for Construction Managers in New York over the past four years. Factors such as increasing project complexity, material costs, and a persistent need for experienced leadership in the construction industry typically contribute to upward salary adjustments.
Construction Managers Salary Distribution in New York
Salary progression for Construction Managers in New York is strongly tied to experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive project management portfolios and specialized expertise can command salaries in the upper percentiles, often exceeding $200,000. The widening gap between entry-level and senior salaries clearly signifies substantial career growth opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $83,250 | $40 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $116,820 | $56.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $135,530 | $65.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $194,700 | $93.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $233,640 | $112.3 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$155,760
Gross Pay
Real Wage (Purchasing Power)
$124,508
Adjusted for COL (125.1)
While the nominal salary of $155,760 appears substantial, New York's Cost of Living Index of 125.1 means that this income will not stretch as far as it would in a more affordable region. After accounting for the 25.1% higher cost of living compared to the national average, the effective purchasing power of this salary is reduced, requiring careful budgeting for residents.
Job Market Context
8,170
Total Jobs
0.856
Per 1K Jobs
0.38
Location Quotient
At 0.38x, New York has a notably lower concentration of Construction Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.38 indicates that Construction Managers are less concentrated in New York compared to the national average. This suggests that while the state has a considerable number of these professionals, the job market may not be saturated, potentially offering good opportunities for qualified individuals seeking employment. It implies a relative abundance of jobs compared to the number of professionals in the state.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Construction Managers Salary | $114,650↓ 26% | 49 mi |
| Kingston, NY Construction Managers Salary | $103,960↓ 33% | 51 mi |
| Scranton--Wilkes-Barre, PA Construction Managers Salary | $114,590↓ 26% | 64 mi |
| Utica-Rome, NY Construction Managers Salary | $110,470↓ 29% | 66 mi |
| Albany-Schenectady-Troy, NY Construction Managers Salary | $145,960↓ 6% | 68 mi |
Comparing salaries near New York
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in New York?
The median annual salary for a Construction Managers in New York is $155,760. This typically ranges from $83,250 for entry-level positions to $233,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 30.0% higher than the national median of $119,770.
Is New York a lucrative place for Construction Managers?
Yes, New York is a lucrative place for Construction Managers.The average salary of $155,760 significantly surpasses the national average, indicating strong earning potential. However, this is tempered by a higher cost of living, requiring careful financial planning.
Is New York a good place to live for Construction Managers?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($114,650) and Kingston, NY.
How does New York's salary compare to the national average for Construction Managers?
Construction Managers in New York earn an average of $155,760 annually, which is considerably higher than the national average of $119,770.
What is the job market like for Construction Managers in New York?
New York has a substantial workforce of 8,170 Construction Managers. The job market shows steady demand, with 0.856 jobs per 1,000 workers, though the concentration is lower than the national average.
How does the cost of living affect the salary of a Construction Manager in New York?
With a Cost of Living Index of 125.1, New York is 25.1% more expensive than the national average. This means the $155,760 salary has less purchasing power than it would in a lower-cost area.
Does experience significantly impact a Construction Manager's salary in New York?
Yes, experience plays a crucial role, with senior Construction Managers earning substantially more than entry-level professionals, reflecting significant salary growth potential throughout a career.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,170 employees in the New York area with a job density of 0.856 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Construction Managers Salaries by State
Top Jobs in New York
- All Occupations Salary in New York
- Office and Administrative Support Occupations Salary in New York
- Healthcare Support Occupations Salary in New York
- Sales and Related Occupations Salary in New York
- Food Preparation and Serving Related Occupations Salary in New York
- Business and Financial Operations Occupations Salary in New York
- Educational Instruction and Library Occupations Salary in New York
- Management Occupations Salary in New York
- Home Health and Personal Care Aides Salary in New York
- Transportation and Material Moving Occupations Salary in New York
- Browse All Jobs in New York →
Semantic Salary Analysis for Construction Managers • Data source: BLS OEWS 2024 •Jobs in New York