How Much Do Grants Management Specialists Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary grants management specialists make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for grants management specialists and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of grants management specialists are offering as compensation.
Keep reading to learn more about how much grants management specialists can expect to make in the United States.
At a Glance: Salary & Jobs for Grants Management Specialists
According to data from 2023, there were about 37,975 positions for grants management specialists in the United States. In terms of salary, the national median salary for grants management specialists was reported to be $119,205. Additionally, when examining job demand, employers across the country posted 40,343 job postings related to positions for grants management specialists.
How Much Money Do Grants Management Specialists Make?
Median salary is just one data point. To build a better understanding of how much money grants management specialists and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for grants management specialists.
Annual Salary for Grants Management Specialists
According to the BLS, the lowest earners for grants management specialists and related professions earned about $68,806 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $212,722 annually.
As mentioned previously, the median salary for grants management specialists in the United States in 2023 was $119,205.
Annual Salary Range For Grants Management Specialists In 2023
Hourly Salary for Grants Management Specialists
The BLS also breaks down compensation for grants management specialists by hourly salary, and the median average hourly pay for grants management specialists in 2023 was $57. Lowest hourly earners took home $33 while the highest reported hourly salaries for grants management specialists was $102.
Hourly Salary Range For Grants Management Specialists In 2023
Advertised Compensation for Grants Management Specialists
Data from the BLS is one way to dig into compensation for grants management specialists, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for grants management specialists.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Grants Management Specialists
Advertised Annual Salary
During a review of 34,964 job postings related to grants management specialists, advertised salary was included in 14,875 of them, which was 43%. Based on those postings, the median advertised salary for grants management specialists was $82,816 per year.
Hourly Salary from Job Postings for Grants Management Specialists
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for grants management specialists. Based on 37% of postings with advertised compensation, the median hourly salary for open positions for grants management specialists in the United States is about $40.
Salary Trend for Grants Management Specialists
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for grants management specialists. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for grants management specialists dating back to September 2020, advertised salaries for grants management specialists have increased 19%.
Advertised Wage Trend For Grants Management Specialists
What's the Job Growth for Grants Management Specialists?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for grants management specialists over the next 10 years.
According to the data obtained through Lightcast,™ there were 38,035 jobs for grants management specialists in the United States in 2023. By 2033, it is expected that about 4,386 jobs will be added. That's a 11.5% increase over the next 10-year period.
Employment Projections For Grants Management Specialists
Additional Links
Ready to dig deeper into career information about grants management specialists? Visit our other pages focused on salary and education for grants management specialists.
What do grants management specialists do?
Grants Management Specialists: How do you become one?
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