Average Construction Managers Salary in Waco, TX
Construction Managers in Waco, TX, earn an average annual salary of $99,330. This figure is notably below the national average of $119,770, suggesting that local market dynamics, such as regional demand and the cost of doing business, play a significant role in compensation levels within this sector.
Executive Summary
- Average Salary: $99,330 per year.
- Growth Trend: Salaries have shifted 34.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $153,220.
- Outlook: Waco, TX, supports a local workforce of 330 Construction Managers, indicating a stable, albeit not expansive, presence in the job market. With a Location Quotient of 1.13, the concentration of these roles is slightly above the national average, suggesting a consistent demand for construction management expertise within the region.
Salary Overview
The average Construction Managers in Waco, TX earns-17.1%below the national average.
$47.8
$1,910
$8,278
Construction Managers Salary Trends (2020-2024)
While specific historical data for Waco is not provided, it is generally assumed that salaries for Construction Managers nationwide have experienced steady growth over the past four years, driven by ongoing infrastructure projects and a robust construction sector. This trend likely extends to Waco, reflecting increased project complexity and demand for skilled professionals.
Construction Managers Salary Distribution in Waco, TX
The salary range for Construction Managers in Waco, TX, typically widens significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and leadership experience can command salaries in the upper percentiles, reflecting their accumulated expertise and value to employers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,200 | $27 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $74,498 | $35.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $85,360 | $41 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $124,163 | $59.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $153,220 | $73.7 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$99,330
Gross Pay
Real Wage (Purchasing Power)
$99,330
Adjusted for COL (100)
With an average annual salary of $99,330 and a Cost of Living Index of 100, Construction Managers in Waco, TX, find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Waco is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
330
Total Jobs
2.56
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Waco, TX has a slightly higher-than-average concentration of Construction Managers roles compared to the national norm.
The Location Quotient of 1.13 for Construction Managers in Waco, TX, signifies a slightly higher concentration of these professionals compared to the national average. This suggests a healthy, competitive market where demand is present and potentially growing, offering opportunities for skilled individuals to find employment.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Construction Managers Salary | $100,410↑ 1% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Construction Managers Salary | $125,750↑ 27% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Construction Managers Salary | $95,370↓ 4% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Construction Managers Salary | $103,460↑ 4% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Construction Managers Salary | $103,590↑ 4% | 41 mi |
Comparing salaries near Waco, TX
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Waco, TX?
The median annual salary for a Construction Managers in Waco, TX is $99,330. This typically ranges from $56,200 for entry-level positions to $153,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 17.1% lower than the national median of $119,770.
Is Waco, TX a lucrative place for Construction Managers?
Yes, with a caveat.Construction Managers in Waco earn $99,330, which aligns with the national average cost of living. While below the national average salary, the local concentration is slightly higher, indicating steady demand.
Is Waco, TX a good place to live for Construction Managers?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($100,410) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Construction Manager salary compare to the national average?
The average annual salary for Construction Managers in Waco, TX, is $99,330, which is lower than the national average of $119,770.
What is the concentration of Construction Managers in Waco, TX?
Waco, TX has a Location Quotient of 1.13 for Construction Managers, indicating a slightly higher concentration of these professionals than the national average.
How does the cost of living in Waco affect salary perception?
Waco's Cost of Living Index is 100, matching the national average. This means the $99,330 salary has purchasing power equivalent to the national average, making it a stable financial environment.
What is the total workforce of Construction Managers in Waco, TX?
There are approximately 330 Construction Managers employed in Waco, TX.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Waco, TX area with a job density of 2.56 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 Waco, TX