How Much Do Program Managers 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 program managers 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 program managers 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 program managers are offering as compensation.
Keep reading to learn more about how much program managers can expect to make in the United States.
At a Glance: Salary & Jobs for Program Managers
According to data from 2022, there were about 607,131 positions for program managers in the United States. In terms of salary, the national median salary for program managers was reported to be $128,627. Additionally, when examining job demand, employers across the country posted 526,187 job postings related to positions for program managers.
How Much Money Do Program Managers Make?
Median salary is just one data point. To build a better understanding of how much money program managers 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 program managers.
Annual Salary for Program Managers
According to the BLS, the lowest earners for program managers and related professions earned about $63,378 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $218,546 annually.
As mentioned previously, the median salary for program managers in the United States in 2022 was $128,627.
Annual Salary Range For Program Managers In 2022
Hourly Salary for Program Managers
The BLS also breaks down compensation for program managers by hourly salary, and the median average hourly pay for program managers in 2022 was $62. Lowest hourly earners took home $30 while the highest reported hourly salaries for program managers was $105.
Hourly Salary Range For Program Managers In 2022
Advertised Compensation for Program Managers
Data from the BLS is one way to dig into compensation for program managers, 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 program managers.
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 Program Managers
Advertised Annual Salary
During a review of 955,147 job postings related to program managers, advertised salary was included in 189,133 of them, which was 20%. Based on those postings, the median advertised salary for program managers was $84,352 per year.
Hourly Salary from Job Postings for Program Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for program managers. Based on 36% of postings with advertised compensation, the median hourly salary for open positions for program managers in the United States is about $41.
Salary Trend for Program Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for program managers. 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 program managers dating back to September 2019, advertised salaries for program managers have increased 17%.
Advertised Wage Trend For Program Managers
What's the Job Growth for Program Managers?
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 program managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 606,271 jobs for program managers in the United States in 2022. By 2032, it is expected that about 70,656 jobs will be added. That's a 11.7% increase over the next 10-year period.
Employment Projections For Program Managers
Additional Links
Ready to dig deeper into career information about program managers? Visit our other pages focused on salary and education for program managers.
What do program managers do?
Program Managers: How do you become one?
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