Project Manager Salary in Lexington, KY
How much does a project manager make in Lexington? Explore median, entry-level, and senior salaries adjusted for Lexington's cost of living.
Salary Breakdown by Experience Level
See how project manager salaries break down across different pay periods in Lexington.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $74,330 | $126,360 | $173,436 |
| Monthly | $6,194 | $10,530 | $14,453 |
| Biweekly | $2,859 | $4,860 | $6,671 |
| Weekly | $1,429 | $2,430 | $3,335 |
| Hourly | $36 | $61 | $83 |
Lexington vs National Average
How Lexington's project manager salaries compare to national figures.
Cost of Living in Lexington
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 Lexington, KY — Complete Guide
Median Salary Overview
The median salary for a project manager in Lexington, KY is $126,360 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Lexington's unique economic conditions.
Salary Range and Experience Levels
Entry-level project manager professionals in Lexington can expect to earn around $74,330 annually. As professionals gain experience, salaries typically increase, with senior-level project managers earning approximately $173,436 per year. This represents a 133% increase from entry to senior level.
Cost of Living Adjustment
Lexington's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Lexington 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 Lexington typically goes toward housing. With a 1-bedroom apartment averaging $1,300 per month, housing represents about 12.3% 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 Lexington, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.