A person working as a Project Manager in Washington D.C. typically earns around 113,000 USD per year. Salaries range from 60,900 USD (lowest) to 170,000 USD (highest).
This is the average yearly salary including housing, transport, and other benefits. Project Manager salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Introduction
The median, the maximum, the minimum, and the range
- Salary RangeProject Manager salaries in Washington D.C. range from 60,900 USD per year (minimum salary) to 170,000 USD per year (maximum salary).
- Median SalaryThe median salary is 104,000 USD per year, which means that half (50%) of people working as Project Manager(s) are earning less than 104,000 USD while the other half are earning more than 104,000 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
- PercentilesClosely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Project Manager(s) are earning less than 74,100 USD while 75% of them are earning more than 74,100 USD. Also from the diagram, 75% of Project Manager(s) are earning less than 126,000 USD while 25% are earning more than 126,000 USD.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios.
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Project Manager salaries by experience level and this is what we found.
A Project Manager with less than two years of experience makes approximately 70,700 USD per year.
While someone with an experience level between two and five years is expected to earn 89,300 USD per year, 26% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 118,000 USD per year, 32% more than someone with two to five years of experience.
Additionally, Project Manager(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 139,000 USD per year, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 153,000 USD per year, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 163,000 USD per year, 6% more than people with fifteen to twenty years of experience.
Project Manager Salary Comparison By Education
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Project Manager salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Project Manager is 86,100 USD per year.
While someone with a Certificate or Diploma gets a salary of 97,000 USD per year, 13% more than someone having a High School degree.
A Bachelor’s Degree gets its holder an average salary of 128,000 USD per year, 32% more than someone with a Certificate or Diploma.
Professionals who hold a Master’s Degree are rewarded with an average salary of 158,000 USD per year, 24% more than someone with Bachelor’s Degree.
Project Manager Average Annual Salary Increment Percentage in United States
How much are annual salary increments in United States for Project Manager(s)? How often do employees get salary raises?
Project Manager
Project Manager(s) in United States are likely to observe a salary increase of approximately 12% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.
United States / All Professions
The term ‘Annual Salary Increase’ usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
“The average salary increase in one year (12 months) in United States is 6%.”
Annual Increment Rate By Industry 2021
| Banking | 4% | |
| Energy | 8% | |
| Information Technology | 3% | |
| Healthcare | 7% | |
| Travel | 2% | |
| Construction | 6% | |
| Education | 1% |
Listed above are the average annual increase rates for each industry in United States for the year 2021. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
How much and how often are bonuses being awarded?
A Project Manager is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.15% of surveyed staff reported that they haven’t received any bonuses or incentives in the previous year while 85% said that they received at least one form of monetary bonus.Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.Received Bonus85%No Bonus15%Types of Bonuses ConsideredIndividual Performance-Based BonusesThe most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based BonusesGranted upon achieving an important goal or milestone.Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.Bonuses Are Not Commissions!People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
Project Manager Average Hourly Wage in Washington D.C.
54 USD per hour
The average hourly wage (pay per hour) in Washington D.C. is 54 USD. This means that the average Project Manager in Washington D.C. earns approximately 54 USD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Conclusion
Overall, the salary of a program manager in Washington D.C. depends on industry, experience level, and geographic location. However, according to Payscale, the average program manager salary in Washington D.C. is $74,860 per year for a person with 5+ years’ experience, holding a Master’s degree. This is well above the national average for a program manager, which is around $60,000 per year according to the Bureau of Labor Statistics (BLS). If you want to earn more than the average program manager salary in Washington D.C., then moving to Los Angeles or San Francisco could help you increase your income.
