How Much Do Principal 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 principal 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 principal 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 principal program managers are offering as compensation.
Keep reading to learn more about how much principal program managers can expect to make in the United States.
At a Glance: Salary & Jobs for Principal Program Managers
According to data from 2023, there were about 649,937 positions for principal program managers in the United States. In terms of salary, the national median salary for principal program managers was reported to be $133,557. Additionally, when examining job demand, employers across the country posted 220,078 job postings related to positions for principal program managers.
How Much Money Do Principal Program Managers Make?
Median salary is just one data point. To build a better understanding of how much money principal 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 principal program managers.
Annual Salary for Principal Program Managers
According to the BLS, the lowest earners for principal program managers and related professions earned about $67,371 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $225,118 annually.
As mentioned previously, the median salary for principal program managers in the United States in 2023 was $133,557.
Annual Salary Range For Principal Program Managers In 2023
Hourly Salary for Principal Program Managers
The BLS also breaks down compensation for principal program managers by hourly salary, and the median average hourly pay for principal program managers in 2023 was $64. Lowest hourly earners took home $32 while the highest reported hourly salaries for principal program managers was $108.
Hourly Salary Range For Principal Program Managers In 2023
Advertised Compensation for Principal Program Managers
Data from the BLS is one way to dig into compensation for principal 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 principal 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 Principal Program Managers
Advertised Annual Salary
During a review of 219,632 job postings related to principal program managers, advertised salary was included in 84,629 of them, which was 39%. Based on those postings, the median advertised salary for principal program managers was $85,376 per year.
Hourly Salary from Job Postings for Principal Program Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for principal program managers. Based on 38% of postings with advertised compensation, the median hourly salary for open positions for principal program managers in the United States is about $41.
Salary Trend for Principal 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 principal 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 principal program managers dating back to September 2020, advertised salaries for principal program managers have increased 33%.
Advertised Wage Trend For Principal Program Managers
What's the Job Growth for Principal 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 principal program managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 649,606 jobs for principal program managers in the United States in 2023. By 2033, it is expected that about 61,522 jobs will be added. That's a 9.5% increase over the next 10-year period.
Employment Projections For Principal Program Managers
Additional Links
Ready to dig deeper into career information about principal program managers? Visit our other pages focused on salary and education for principal program managers.
What do principal program managers do?
Principal Program Managers: How do you become one?
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