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Average Construction Managers Salary in Providence-Warwick, RI-MA

Construction Managers in the Providence-Warwick, RI-MA area earn an impressive average annual salary of $123,260. This figure slightly surpasses the national average of $119,770, indicating a favorable compensation landscape for these professionals. Local economic factors and demand within the region likely contribute to this elevated pay scale.

Executive Summary

  • Average Salary: $123,260 per year.
  • Growth Trend: Salaries have shifted 8.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $171,620.
  • Outlook: With a local workforce of 780 Construction Managers and a Location Quotient of 0.49, the Providence-Warwick area presents a moderately concentrated but stable job market for this profession. While not as densely populated with these roles as the national average, the existing workforce suggests consistent demand and opportunities for skilled individuals.
2024 Market Data

Salary Overview

$123,260

The average Construction Managers in Providence-Warwick, RI-MA earns+2.9%above the national average.

BreakdownBased on 40h/week
Hourly

$59.3

Weekly

$2,370

Monthly

$10,272

Construction Managers Salary Distribution in Providence-Warwick, RI-MA

Salary progression for Construction Managers in Providence-Warwick is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive project management expertise and leadership skills can expect to earn considerably more, often reaching the higher percentiles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,500$37.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,445$44.4
ManagerOversees team, compliance, and project delivery.50% (Median)$120,290$57.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$154,075$74.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$171,620$82.5

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$123,260

Gross Pay

Real Wage (Purchasing Power)

$123,260

Adjusted for COL (100)

The average annual salary of $123,260 in Providence-Warwick 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 this area is equivalent to the national average, offering a stable financial standing without significant cost-of-living adjustments.

Job Market Context

780

Total Jobs

1.101

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Providence-Warwick, RI-MA 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 0.49 suggests that Construction Manager roles are less concentrated in Providence-Warwick compared to the national average. This indicates a potentially less saturated market, which could translate to more opportunities for qualified candidates seeking employment or career advancement within the region.

Nearby Job Markets

Nearby Cities for Construction Managers

Comparing salaries near Providence-Warwick, RI-MA

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Providence-Warwick, RI-MA?

The median annual salary for a Construction Managers in Providence-Warwick, RI-MA is $123,260. This typically ranges from $77,500 for entry-level positions to $171,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Providence-Warwick, RI-MA is 2.9% higher than the national median of $119,770.

Is Providence-Warwick, RI-MA a lucrative place for Construction Managers?

Yes, it is a lucrative place for Construction Managers.Construction Managers in Providence-Warwick earn above the national average salary. Coupled with a cost of living that matches the national average, this makes the area financially attractive for the profession.

Is Providence-Warwick, RI-MA a good place to live for Construction Managers?

The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Providence-Warwick, RI-MA?

Some top paying nearby cities include Massachusetts nonmetropolitan area ($123,210) and Worcester, MA.

How does the Providence-Warwick Construction Manager salary compare to the national average?

The average annual salary for Construction Managers in Providence-Warwick is $123,260, which is slightly higher than the national average of $119,770.

What is the concentration of Construction Managers in Providence-Warwick?

The Location Quotient for Construction Managers in Providence-Warwick is 0.49, meaning the concentration of these jobs is about half the national average.

How does the cost of living affect the salary in Providence-Warwick?

The Cost of Living Index in Providence-Warwick is 100, which is the national average. Therefore, the average salary of $123,260 has the same purchasing power as the national average salary.

What does the total local workforce number indicate?

A total local workforce of 780 Construction Managers suggests a stable, established presence of the profession within the Providence-Warwick area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Providence-Warwick, RI-MA area with a job density of 1.101 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.