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Project Manager Salary in Norfolk, VA

How much does a project manager make in Norfolk? Explore median, entry-level, and senior salaries adjusted for Norfolk's cost of living.

Median Salary
$136,480
per year in Norfolk
Entry Level
$80,283
Starting salary
Senior Level
$187,326
Experienced professionals
Cost of Living
98
2% below national avg

Salary Breakdown by Experience Level

See how project manager salaries break down across different pay periods in Norfolk.

PeriodEntry LevelMedianSenior
Annual$80,283$136,480$187,326
Monthly$6,690$11,373$15,611
Biweekly$3,088$5,249$7,205
Weekly$1,544$2,625$3,602
Hourly$39$66$90

Norfolk vs National Average

How Norfolk's project manager salaries compare to national figures.

Norfolk Salary
$136,480
COL Index: 98
National Average
$107,620
COL Index: 100
Difference
+$28,860
Higher in Norfolk

Cost of Living in Norfolk

1-Bedroom Rent
$1,200
per month
Median Income
$46,580
per year
Population
238,005
residents
Rent % of Income
30.9%
median household
Cost of Living Index: 98 — A score of 100 represents the U.S. average. Salaries in Norfolk have been adjusted to account for local cost differences.

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

Project PlanningBudgetingTeam LeadershipRisk Management

Growth Rate

Expected job growth: +19% over the next decade

Compare Cities: Project Manager Salary

See Project Manager salaries in other top cities.

New York, NY
$168,680
+24%
Los Angeles, CA
$165,340
+21%
Chicago, IL
$137,040
+0%
Houston, TX
$134,420
-2%
Phoenix, AZ
$134,000
-2%

Financial Tools to Explore

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Cost of Living Calculator

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Rent vs Buy Calculator

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Project Manager Salary in Norfolk, VA — Complete Guide

Median Salary Overview

The median salary for a project manager in Norfolk, VA is $136,480 per year, adjusted for the local cost of living index of 98. This figure reflects typical earnings for experienced professionals in this role, considering Norfolk's unique economic conditions.

Salary Range and Experience Levels

Entry-level project manager professionals in Norfolk can expect to earn around $80,283 annually. As professionals gain experience, salaries typically increase, with senior-level project managers earning approximately $187,326 per year. This represents a 133% increase from entry to senior level.

Cost of Living Adjustment

Norfolk's cost of living index of 98 significantly impacts salary comparisons. As a lower cost-of-living city, salaries in Norfolk 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 Norfolk typically goes toward housing. With a 1-bedroom apartment averaging $1,200 per month, housing represents about 10.6% 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 Norfolk, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.