Average Construction Managers Salary in Raleigh-Cary, NC
Construction Managers in Raleigh-Cary, NC, command an impressive average annual salary of $125,880. This figure significantly surpasses the national average of $119,770, indicating a strong local demand and potentially higher project values within the region. The robust economic activity and ongoing development in the Raleigh-Cary area are key drivers for this elevated compensation.
Executive Summary
- Average Salary: $125,880 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,000.
- Outlook: The construction management job market in Raleigh-Cary, NC, appears robust, evidenced by a substantial local workforce of 3,260 professionals. The Location Quotient of 1.99 suggests that construction management roles are nearly twice as concentrated in this area compared to the national average, signaling a high demand for these specialized skills.
Salary Overview
The average Construction Managers in Raleigh-Cary, NC earns+5.1%above the national average.
$60.5
$2,421
$10,490
Construction Managers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume a positive salary growth trend for Construction Managers in Raleigh-Cary over the past four years, mirroring national trends of increasing construction activity and labor costs. This upward trajectory likely reflects the region's dynamic growth and the increasing complexity of construction projects.
Construction Managers Salary Distribution in Raleigh-Cary, NC
Salary progression for Construction Managers in Raleigh-Cary, NC, typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive project management expertise and a proven track record can expect to earn substantially more, often reaching into the higher salary percentiles. The widening gap between entry-level and senior salaries reflects the value placed on experience and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $75,700 | $36.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,410 | $45.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $111,660 | $53.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $157,350 | $75.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $175,000 | $84.1 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$125,880
Gross Pay
Real Wage (Purchasing Power)
$125,880
Adjusted for COL (100)
With an average annual salary of $125,880 and a Cost of Living Index matching the national average of 100, Construction Managers in Raleigh-Cary, NC, experience excellent purchasing power. This means that the nominal salary translates effectively into real-world affordability, allowing professionals to maintain a high standard of living without the added financial strain often associated with higher-paying, high-cost-of-living areas.
Job Market Context
3,260
Total Jobs
4.507
Per 1K Jobs
1.99
Location Quotient
Raleigh-Cary, NC has 2.0x the national concentration of Construction Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.99 for Construction Managers in Raleigh-Cary, NC, signifies a highly concentrated job market. This indicates that the demand for construction management expertise is significantly higher relative to the national average, suggesting a competitive yet opportunity-rich environment for skilled professionals in this field.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Construction Managers Salary | $131,340↑ 4% | 18 mi |
| Rocky Mount, NC Construction Managers Salary | $120,490↓ 4% | 48 mi |
| Goldsboro, NC Construction Managers Salary | $113,890↓ 10% | 49 mi |
| Burlington, NC Construction Managers Salary | $109,030↓ 13% | 49 mi |
| Fayetteville, NC Construction Managers Salary | $109,830↓ 13% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Raleigh-Cary, NC?
The median annual salary for a Construction Managers in Raleigh-Cary, NC is $125,880. This typically ranges from $75,700 for entry-level positions to $175,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 5.1% higher than the national median of $119,770.
Is Raleigh-Cary, NC a lucrative place for Construction Managers?
Yes, Raleigh-Cary, NC is a lucrative location for Construction Managers.The average salary of $125,880 significantly exceeds the national average, and the Cost of Living Index of 100 ensures strong purchasing power for these earnings.
Is Raleigh-Cary, NC a good place to live for Construction Managers?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($131,340) and Rocky Mount, NC.
How does the Raleigh-Cary construction manager salary compare to the national average?
Construction Managers in Raleigh-Cary, NC, earn an average of $125,880 annually, which is notably higher than the national average of $119,770.
What is the concentration of Construction Managers in Raleigh-Cary, NC?
The Location Quotient of 1.99 indicates that construction management roles are nearly twice as concentrated in Raleigh-Cary, NC, compared to the national average, suggesting high local demand.
Does the cost of living affect the purchasing power of a Construction Manager's salary in Raleigh-Cary, NC?
No, the Cost of Living Index in Raleigh-Cary, NC, is exactly at the national average (100), meaning the $125,880 salary offers strong purchasing power equivalent to the national standard.
How many Construction Managers are employed in the Raleigh-Cary, NC area?
There are approximately 3,260 Construction Managers employed within the Raleigh-Cary, NC metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,260 employees in the Raleigh-Cary, NC area with a job density of 4.507 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction Managers • Data source: BLS OEWS 2024 •Jobs in Raleigh-Cary, NC