Project Manager Salary in Fredericksburg, VA
How much does a project manager make in Fredericksburg? Explore median, entry-level, and senior salaries adjusted for Fredericksburg's cost of living.
Salary Breakdown by Experience Level
See how project manager salaries break down across different pay periods in Fredericksburg.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $78,626 | $133,664 | $183,461 |
| Monthly | $6,552 | $11,139 | $15,288 |
| Biweekly | $3,024 | $5,141 | $7,056 |
| Weekly | $1,512 | $2,570 | $3,528 |
| Hourly | $38 | $64 | $88 |
Fredericksburg vs National Average
How Fredericksburg's project manager salaries compare to national figures.
Cost of Living in Fredericksburg
About Project Manager
Overview
Plan, execute, and oversee projects to meet objectives and deadlines.
Education
Bachelor's degree; Project Management Professional (PMP) certification preferred
Key Skills
Growth Rate
Expected job growth: +19% over the next decade
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Project Manager Salary in Fredericksburg, VA — Complete Guide
Median Salary Overview
The median salary for a project manager in Fredericksburg, VA is $133,664 per year, adjusted for the local cost of living index of 115. This figure reflects typical earnings for experienced professionals in this role, considering Fredericksburg's unique economic conditions.
Salary Range and Experience Levels
Entry-level project manager professionals in Fredericksburg can expect to earn around $78,626 annually. As professionals gain experience, salaries typically increase, with senior-level project managers earning approximately $183,461 per year. This represents a 133% increase from entry to senior level.
Cost of Living Adjustment
Fredericksburg's cost of living index of 115 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Fredericksburg are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $107,620, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a project manager's salary in Fredericksburg typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 12.6% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Project Managers are in growing demand across the United States, with an expected job growth of 19% over the next decade. In Fredericksburg, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.