How Much Do Grants 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 grants 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 grants 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 grants managers are offering as compensation.
Keep reading to learn more about how much grants managers can expect to make in the United States.
At a Glance: Salary & Jobs for Grants Managers
According to data from 2022, there were about 69,527 positions for grants managers in the United States. In terms of salary, the national median salary for grants managers was reported to be $129,438. Additionally, when examining job demand, employers across the country posted 99,650 job postings related to positions for grants managers.
How Much Money Do Grants Managers Make?
Median salary is just one data point. To build a better understanding of how much money grants 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 grants managers.
Annual Salary for Grants Managers
According to the BLS, the lowest earners for grants managers and related professions earned about $71,718 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $243,537 annually.
As mentioned previously, the median salary for grants managers in the United States in 2022 was $129,438.
Annual Salary Range For Grants Managers In 2022
Hourly Salary for Grants Managers
The BLS also breaks down compensation for grants managers by hourly salary, and the median average hourly pay for grants managers in 2022 was $62. Lowest hourly earners took home $34 while the highest reported hourly salaries for grants managers was $117.
Hourly Salary Range For Grants Managers In 2022
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Advertised Compensation for Grants Managers
Data from the BLS is one way to dig into compensation for grants 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 grants 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 Grants Managers
Advertised Annual Salary
During a review of 141,230 job postings related to grants managers, advertised salary was included in 34,831 of them, which was 25%. Based on those postings, the median advertised salary for grants managers was $87,424 per year.
Hourly Salary from Job Postings for Grants Managers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for grants managers. Based on 35% of postings with advertised compensation, the median hourly salary for open positions for grants managers in the United States is about $42.
Salary Trend for Grants Managers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for grants 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 grants managers dating back to September 2019, advertised salaries for grants managers have increased 8%.
Advertised Wage Trend For Grants Managers
What's the Job Growth for Grants 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 grants managers over the next 10 years.
According to the data obtained through Lightcast,™ there were 69,478 jobs for grants managers in the United States in 2022. By 2032, it is expected that about 10,202 jobs will be added. That's a 14.7% increase over the next 10-year period.
Employment Projections For Grants Managers
Additional Links
Ready to dig deeper into career information about grants managers? Visit our other pages focused on salary and education for grants managers.
What do grants managers do?
Grants Managers: How do you become one?
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