This may involve customizing schedules, setting different goals for certain individuals, or making allowances such as flexible hours or work-from-home arrangements. While the salaries for Project Managers drop a little in the Midwest, you can still earn around the national average. For instance, in Milwaukee, Wisconsin, you can expect to bring in around $85,862 a year.

Projected Growth in Project Management Jobs

Read on to learn how much Project Managers make, how their salaries vary by location and experience, and their daily responsibilities. I see that project managers make anywhere from like 50k-90k, and that senior project managers make like 100k-150k?? By seeing strategic projects from inception to completion, project managers can reduce company costs, increase organizational efficiencies, and help generate higher revenues. Ready to dig deeper into career information about project managers? Visit our other pages focused on salary and education for project managers.

A Project Management Certification or Graduate Degree

• If you’re thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for project managers.
• Your pay as a Project Manager goes up even more if you work for companies on the West Coast.
• Additionally, high-paying areas can sometimes be found in states with lower overall salaries for project managers.
• Coursera’s project management course includes modules on risk assessment and management you can use to hone your skills.
• These numbers confirm that project management is a rewarding career, especially for those open to working in other countries.
• With over 15 years of experience writing and developing content in a variety of industries, J.R.
• It could mean that project managers see more equal pay no matter where they work.

Project management salaries within the science, technology, engineering, and math (STEM) fields are especially high due to the rapid growth and demand in these industries. In fact, 93 percent of STEM jobs offer wages well above the national average, and the national median Project Manager job salary for all STEM positions is almost double the average wage for non-STEM roles. The benefits of a master’s degree in project management are twofold. For one, project managers with master’s degrees earn a median salary of $120,000 compared to $110,250 for those with bachelor’s degrees. The last step of your career path will be working as a senior project manager.

PMI Risk Management Professional (PMI-RMP)

Even more compelling, however, is that 34 percent of all project management jobs now prefer or require a graduate degree, according to a report by Burning Glass Labor Insight. Earning a master’s degree in project management will not only increase your salary but also your marketability. A strong graduate program can equip you with the specialized skills and hands-on experience you need to lead complex projects and advance your career. In the U.S., the median salary for project managers is $116,000 across all industries, with most project managers earning between $93,000 and $140,000.

Technical Project Manager

• In the U.S., however, they make slightly less at around $116,00019.
• Knowing these insights can help you negotiate better pay or decide the best career move.
• The field of telecommunications also regards project management highly, offering $97,490 on average1.
• In the best 10 countries for PMP certification, like the U.S., China, and India, these professionals make 16% more on average16.
• Employment of construction project managers is expected to grow by 8% by 2030— which is faster than in other areas.

One of the biggest gaps Software engineering in this industry isn’t just pay; it’s access to honest conversations about pay. That’s why I always recommend joining the Women of Project Management™ membership. It’s important to keep in mind that methodologies and techniques often depend on the industry, company culture, and type of project. “(Certification) demonstrates a level of expertise,” says Quigley. He holds a Project Management Professional (PMP) certification, “and I believe that it has been beneficial for my career and income.”