Average Construction Managers Salary in Winston-Salem, NC
Construction Managers in Winston-Salem, NC, earn an average annual salary of $118,170. This figure is remarkably close to the national average of $119,770, indicating a stable and competitive compensation landscape. Local demand, industry presence, and the specific economic drivers within Winston-Salem contribute to this pay rate.
Executive Summary
- Average Salary: $118,170 per year.
- Growth Trend: Salaries have shifted 7.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $170,140.
- Outlook: Winston-Salem boasts a local workforce of 670 Construction Managers, with a Location Quotient of 1.09, suggesting a slightly higher concentration of these professionals than the national average. This indicates a robust and established market for construction management roles, pointing to consistent demand and opportunities within the region.
Salary Overview
The average Construction Managers in Winston-Salem, NC earns-1.3%below the national average.
$56.8
$2,273
$9,848
Construction Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction Managers in Winston-Salem have seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased project complexity, and a growing demand for skilled professionals typically drive upward salary adjustments in this sector.
Construction Managers Salary Distribution in Winston-Salem, NC
The career trajectory for Construction Managers in Winston-Salem shows significant earning potential as experience accumulates. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive project portfolios and leadership experience can command salaries in the higher percentiles, reflecting a clear path for career and financial progression.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $67,520 | $32.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $88,628 | $42.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,700 | $50.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $147,713 | $71 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $170,140 | $81.8 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$118,170
Gross Pay
Real Wage (Purchasing Power)
$118,170
Adjusted for COL (100)
With an average annual salary of $118,170 and a Cost of Living Index of 100, Construction Managers in Winston-Salem find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary is comparable to that of their counterparts in other major metropolitan areas across the country.
Job Market Context
670
Total Jobs
2.464
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Winston-Salem, NC has a slightly higher-than-average concentration of Construction Managers roles compared to the national norm.
The Location Quotient of 1.09 for Construction Managers in Winston-Salem signifies a healthy job market where the profession is slightly more concentrated than the national average. This indicates a stable demand for skilled construction management professionals, suggesting that the market is neither oversaturated nor experiencing a significant shortage, providing a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Construction Managers Salary | $114,170↓ 3% | 23 mi |
| Eastern North Carolina nonmetropolitan area Construction Managers Salary | $106,040↓ 10% | 41 mi |
| Western North Carolina nonmetropolitan area Construction Managers Salary | $110,400↓ 7% | 41 mi |
| Central North Carolina nonmetropolitan area Construction Managers Salary | $110,380↓ 7% | 41 mi |
| Burlington, NC Construction Managers Salary | $109,030↓ 8% | 43 mi |
Comparing salaries near Winston-Salem, NC
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Winston-Salem, NC?
The median annual salary for a Construction Managers in Winston-Salem, NC is $118,170. This typically ranges from $67,520 for entry-level positions to $170,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 1.3% lower than the national median of $119,770.
Is Winston-Salem, NC a lucrative place for Construction Managers?
Yes, Winston-Salem offers a lucrative environment for Construction Managers.The average salary of $118,170 is very competitive with the national average, and the cost of living is exactly at the national average, allowing for strong purchasing power.
Is Winston-Salem, NC a good place to live for Construction Managers?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($114,170) and Eastern North Carolina nonmetropolitan area.
How does Winston-Salem's Construction Manager salary compare to the national average?
The average salary for Construction Managers in Winston-Salem, NC is $118,170, which is very close to the national average of $119,770, indicating competitive compensation.
What is the Cost of Living in Winston-Salem, NC?
Winston-Salem, NC has a Cost of Living Index of 100, which is precisely the national average, meaning the general cost of goods and services is comparable to the rest of the United States.
How concentrated is the Construction Manager job market in Winston-Salem?
With a Location Quotient of 1.09, Construction Managers are slightly more concentrated in Winston-Salem than the national average, suggesting a stable and established demand for the role.
What is the total number of Construction Managers in Winston-Salem?
There are approximately 670 Construction Managers employed in the Winston-Salem, NC area, indicating a significant local workforce for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 670 employees in the Winston-Salem, NC area with a job density of 2.464 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 Winston-Salem, NC