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Average Construction Managers Salary in Waterbury-Shelton, CT

Construction Managers in the Waterbury-Shelton, CT area earn an average annual salary of $118,700. This figure is slightly below the national average of $119,770, indicating a stable but not exceptionally high compensation landscape. Local economic factors and demand within the construction sector likely influence this pay rate.

Executive Summary

  • Average Salary: $118,700 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $158,640.
  • Outlook: With a local workforce of 310 Construction Managers, the Waterbury-Shelton area demonstrates a moderate concentration of these professionals. The Location Quotient of 0.88 suggests a slightly lower presence compared to the national average, implying a steady but not oversaturated job market. The rate of 1.985 jobs per 1,000 workers indicates a consistent demand for skilled construction management.
2024 Market Data

Salary Overview

$118,700

The average Construction Managers in Waterbury-Shelton, CT earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$57.1

Weekly

$2,283

Monthly

$9,892

Construction Managers Salary Distribution in Waterbury-Shelton, CT

Salary progression for Construction Managers in Waterbury-Shelton, CT, is significantly influenced by experience. Entry-level positions typically command salaries at the lower percentiles, while seasoned professionals with extensive project management expertise and leadership skills can expect to earn at the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on accumulated knowledge and proven track records.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,040$37
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$89,025$42.8
ManagerOversees team, compliance, and project delivery.50% (Median)$108,440$52.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$148,375$71.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$158,640$76.3

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$118,700

Gross Pay

Real Wage (Purchasing Power)

$118,700

Adjusted for COL (100)

The average annual salary of $118,700 in Waterbury-Shelton, CT, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a Construction Manager's salary in this region is comparable to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.

Job Market Context

310

Total Jobs

1.985

Per 1K Jobs

0.88

Location Quotient

Below Average

Waterbury-Shelton, CT has 0.88x the national average concentration of Construction Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.88 for Construction Managers in Waterbury-Shelton, CT, indicates that the concentration of these professionals is slightly below the national average. This suggests that while the market is not saturated, there is a stable demand for qualified individuals. Companies may find it moderately competitive to attract top talent, but the overall job market appears healthy.

Nearby Job Markets

Nearby Cities for Construction Managers

Comparing salaries near Waterbury-Shelton, CT

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Waterbury-Shelton, CT?

The median annual salary for a Construction Managers in Waterbury-Shelton, CT is $118,700. This typically ranges from $77,040 for entry-level positions to $158,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 0.9% lower than the national median of $119,770.

Is Waterbury-Shelton, CT a lucrative place for Construction Managers?

Yes, it offers competitive compensation.Construction Managers in Waterbury-Shelton, CT, earn an average of $118,700, which is very close to the national average. Combined with a cost of living index of 100, this salary provides strong purchasing power.

Is Waterbury-Shelton, CT a good place to live for Construction Managers?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include Connecticut nonmetropolitan area ($122,010) and New Haven, CT.

How does the Waterbury-Shelton, CT salary compare to the national average?

The average salary for Construction Managers in Waterbury-Shelton, CT, is $118,700, which is just slightly below the national average of $119,770.

What is the cost of living in Waterbury-Shelton, CT?

The cost of living index in Waterbury-Shelton, CT, is 100, which is exactly the national average, indicating average living expenses.

How concentrated is the Construction Manager job market in Waterbury-Shelton, CT?

The job market has a Location Quotient of 0.88, meaning it's slightly less concentrated than the national average, suggesting a healthy demand.

How many Construction Managers are there in Waterbury-Shelton, CT?

There are approximately 310 Construction Managers employed in the Waterbury-Shelton, CT area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Waterbury-Shelton, CT area with a job density of 1.985 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.