Average Project Manager Salary in Portland
The city of Portland is known for its unique blend of urbanism and environmentalism, making it an ideal place to live and work. In recent years, Portland has experienced a boom in industries such as technology, healthcare, and manufacturing, leading to an increased demand for project managers. However, before jumping into a career in project management in Portland, it is essential to understand the average project manager salary in the city and whether it is enough to sustain a comfortable lifestyle.
What is the Average Project Manager Salary in Portland?
According to the latest data from Glassdoor, the average salary for a project manager in Portland is $82,740 per year. This figure is slightly above the national average project manager salary of $79,685 per year. However, it is important to note that the salary range for project managers in Portland can vary widely depending on several factors, including experience, industry, and company size.
For example, project managers in the technology industry tend to earn higher salaries compared to those in the healthcare or manufacturing industries. Additionally, larger companies usually offer higher salaries than smaller ones. On the other hand, experience also plays a significant role in determining the average project manager salary in Portland. Entry-level project managers in the city can expect to earn an average of $68,000 per year, while experienced project managers with over ten years of experience can earn up to $115,000 per year.
Is the Average Project Manager Salary Enough to Live Comfortably in Portland?
The cost of living in Portland is higher than the national average, particularly in housing and transportation. According to Numbeo, the average monthly rent for a one-bedroom apartment in Portland is $1,379, while the average monthly cost of transportation is $118. Considering these expenses, the average project manager salary in Portland may not be enough to live comfortably, particularly for those with families or those who prefer to live in trendy neighborhoods.
However, it is worth noting that Portland offers some unique benefits that can offset the high cost of living in the city. For example, Oregon has no sales tax, and the state offers a variety of tax credits and exemptions that can help reduce the overall tax burden. Additionally, Portland is known for its wide range of outdoor recreational activities, from hiking and biking to skiing and snowboarding, that are accessible for free or at an affordable price.
Ways to Increase Your Project Manager Salary in Portland
If you feel that the average project manager salary in Portland is not enough to sustain your desired lifestyle, there are different ways to increase your earning potential. Below are some tips for increasing your project manager salary in Portland.
1. Get certified in a specialized field.
By obtaining specialized certifications in project management, such as PMP (Project Management Professional) or Scrum, you can increase your earning potential significantly. Certified project managers often earn higher salaries than those without certifications, particularly in industries such as technology and healthcare.
2. Gain experience in a high-demand industry.
As mentioned earlier, project managers in high-demand industries such as technology tend to earn higher salaries. Therefore, gaining experience in a high-demand industry can increase your earning potential significantly.
3. Negotiate your salary.
When applying for a new job or negotiating your salary at your current job, make sure to research the average project manager salary in your industry and city. You can then use this information to negotiate a higher salary or additional benefits such as bonuses or stock options.
Conclusion
In conclusion, the average project manager salary in Portland is slightly above the national average. However, the high cost of living, particularly in housing and transportation, may make it challenging to live comfortably on an average project manager salary. By obtaining specialized certifications, gaining experience in high-demand industries, and negotiating your salary, you can increase your earning potential as a project manager in Portland. Ultimately, it is up to you to decide if the average project manager salary in Portland is enough to sustain your desired lifestyle.