Which High Paying Jobs Are in the Construction Management Field?
If you are looking for some high-paying jobs in the field of construction management, you won't have to look far. With excellent job prospects and strong self-employment potential, construction managers rank among the most highly paid employees in the construction management field.
<h3 id="section---JobsInConstructionManagement">Jobs in Construction Management</h3>
<p>Construction managers oversee the planning, design and budgets of both small- and large-scale construction projects. As a construction manager, you may work in the residential, commercial or industrial sectors of the industry building or remodeling homes, designing office buildings and shopping centers or constructing manufacturing and petroleum plants. Work can be found in firms, but self-employment is also an option. Being self-employed, you are more likely to work on small residential projects.
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<p>Construction management jobs generally require a college degree and work experience, reports the U.S. Bureau of Labor Statistics (BLS). Certifications from professional organizations, like the Construction Management Association of America and the American Institute of Constructors, are also gaining popularity.
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<h3 id="section---ImportantFactsAboutConstructionManagers"> Important Facts about Construction Managers</h3>
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<table border="1"><tr><td> Work Environment </td><td> Main office, field office at construction site within building construction, specialty trade contractors or heavy and civil engineering industries</td></tr>
<tr><td> Required Education </td><td> Bachelor's degree</td></tr>
<tr><td> Similar Occupations</td><td> Landscape architects, civil engineers, cost estimators, engineering managers</td></tr>
<tr><td> Key Skills </td><td> Technical, time management, customer service, analytical, business, writing, leadership, initiative, speaking, decision making</td></tr>
</table><h3 id="section---SalaryInformation">Salary Information</h3>
<p>In May 2021, the BLS reported that construction managers working on non-residential projects earned an average annual salary of $110,690, while construction managers working in residential construction earned an average annual salary of $99,210.
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<p>The BLS reported that construction managers who worked in all areas earned between $60,050 (for the lowest paid 10%) and $163,800 (for the highest paid 10%) per year as of May 2021, with a median annual wage of $98,890.
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<p>Some other high-paying jobs in construction management include those of pipeline transportation of natural gas, who earned average annual salaries of $209,940, while professionals in oil and gas extraction industry earned average annual wages of $182,330 as of May 2021.
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<p>Construction management directors are typically paid more than construction managers. As of December 2022, construction management directors had an average annual salary of $162,346, according to <i>Salary.com</i>.
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<h3 id="section---EmploymentOutlook">Employment Outlook</h3>
<p>Because there are more job openings than qualified individuals, opportunities within this field are expected to be excellent. Overall, continued growth is expected in the construction industry, and the need for construction management professionals is projected to be especially great. According to the BLS, the number of construction management jobs should increase by 8% between 2021 and 2031, which is faster than the national average of 5%.</p>