Average Construction Managers Salary in Toledo, OH
Construction Managers in Toledo, OH, earn an average annual salary of $106,780. This figure is notably below the national average of $119,770, suggesting localized market dynamics and potentially a different cost-of-living adjustment influencing compensation. The specific economic landscape and demand within the Toledo metropolitan area play a crucial role in shaping these pay scales.
Executive Summary
- Average Salary: $106,780 per year.
- Growth Trend: Salaries have shifted 18.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,360.
- Outlook: With a local workforce of 960 Construction Managers, Toledo exhibits a significant concentration of this profession, indicated by a Location Quotient of 1.46. This suggests that Construction Managers are more prevalent in Toledo than the national average, pointing towards a robust demand and a potentially active job market for skilled professionals in this sector within the region.
Salary Overview
The average Construction Managers in Toledo, OH earns-10.8%below the national average.
$51.3
$2,053
$8,898
Construction Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the construction industry, like many others, has experienced growth over the past four years. This growth typically translates to increased demand for experienced Construction Managers, which in turn often leads to upward pressure on salaries. Therefore, it's probable that Construction Manager compensation in Toledo has seen a steady, positive trend, reflecting both industry expansion and the increasing value of experienced professionals.
Construction Managers Salary Distribution in Toledo, OH
Salary progression for Construction Managers in Toledo, OH, closely mirrors national trends, with experience being a primary driver of earning potential. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive project management experience and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries underscores the value placed on expertise and leadership within the construction management field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,490 | $31 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,085 | $38.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $99,140 | $47.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $133,475 | $64.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,360 | $77.6 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$106,780
Gross Pay
Real Wage (Purchasing Power)
$106,780
Adjusted for COL (100)
The average annual salary of $106,780 for Construction Managers in Toledo, OH, 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 Toledo is comparable to the national average, offering a stable financial standing relative to the cost of goods and services in the area.
Job Market Context
960
Total Jobs
3.305
Per 1K Jobs
1.46
Location Quotient
With a location quotient of 1.46, Toledo, OH has a slightly higher-than-average concentration of Construction Managers roles compared to the national norm.
A Location Quotient of 1.46 indicates that Construction Managers are 46% more concentrated in Toledo, OH, than in the average U.S. location. This higher concentration suggests a strong presence and potentially a competitive market for these professionals, implying that employers may have a good pool of local talent to draw from, while also signaling a healthy level of ongoing construction activity.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Construction Managers Salary | $115,740↑ 8% | 20 mi |
| Ann Arbor, MI Construction Managers Salary | $120,340↑ 13% | 43 mi |
| Sandusky, OH Construction Managers Salary | $104,330↓ 2% | 48 mi |
| Detroit-Warren-Dearborn, MI Construction Managers Salary | $117,370↑ 10% | 54 mi |
| Jackson, MI Construction Managers Salary | $120,000↑ 12% | 58 mi |
Comparing salaries near Toledo, OH
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Toledo, OH?
The median annual salary for a Construction Managers in Toledo, OH is $106,780. This typically ranges from $64,490 for entry-level positions to $161,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 10.8% lower than the national median of $119,770.
Is Toledo, OH a lucrative place for Construction Managers?
Yes, with a caveat.While the average salary is below the national average, the strong concentration (LQ of 1.46) and average cost of living suggest a stable and potentially rewarding career environment for experienced professionals.
Is Toledo, OH a good place to live for Construction Managers?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($115,740) and Ann Arbor, MI.
How does Toledo's Construction Manager salary compare to the national average?
The average annual salary for Construction Managers in Toledo, OH, is $106,780, which is approximately $13,000 less than the national average of $119,770.
What is the significance of the Location Quotient (LQ) in Toledo?
An LQ of 1.46 means that Construction Managers are 46% more concentrated in Toledo than the national average, indicating a higher prevalence and potentially stronger demand for these roles in the local job market.
How does the Cost of Living in Toledo affect salary perception?
With a Cost of Living Index of 100, Toledo is at the national average. This means the $106,780 salary has average purchasing power, making it relatively comparable to salaries in other average-cost areas nationwide.
What does the local workforce size suggest about the Construction Manager job market in Toledo?
A local workforce of 960 Construction Managers indicates a substantial presence of this profession, suggesting a mature and active market with ongoing opportunities for both new entrants and experienced professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 960 employees in the Toledo, OH area with a job density of 3.305 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 Toledo, OH
- All Occupations Salary in Toledo, OH
- Transportation and Material Moving Occupations Salary in Toledo, OH
- Production Occupations Salary in Toledo, OH
- Office and Administrative Support Occupations Salary in Toledo, OH
- Food Preparation and Serving Related Occupations Salary in Toledo, OH
- Healthcare Practitioners and Technical Occupations Salary in Toledo, OH
- Sales and Related Occupations Salary in Toledo, OH
- Educational Instruction and Library Occupations Salary in Toledo, OH
- Management Occupations Salary in Toledo, OH
- Business and Financial Operations Occupations Salary in Toledo, OH
- Browse All Jobs in Toledo, OH →
Semantic Salary Analysis for Construction Managers • Data source: BLS OEWS 2024 •Jobs in Toledo, OH