Construction Manager Salary in Peabody, MA: $141,134 (2026)
Quick Answer:A full-time construction manager in Peabody, MA earns a median $141,134/year (≈ $67.85/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 11-9021). Once you factor in Peabody's price level (9% above national, BEA RPP 108.5), that paycheck buys what $130,077 would nationally. Nominal pay sits 0.1% above the Massachusetts state average.
Based on BLS state-level estimates · View source
As the construction sector in Peabody, Massachusetts, feels the impact of the mega-project boom, particularly in data centers and semiconductor manufacturing, salaries for construction managers have followed suit. In 2026, the median annual compensation is projected to reach $141,134, significantly exceeding the national figure of $118,923, establishing Peabody as a competitive market for experienced managers. The compensation range is wide, with entry-level positions starting at approximately $82,907 and top-tier roles exceeding $218,758. These estimates are informed by data from 2025, projected to 2026, adjusted for local economic conditions, reflecting the region's active development landscape fueled by large-scale project demands.
About the Peabody Market
Salary estimated from Massachusetts average ($135,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $82,907 | $39.86 |
| Lower Range (P25) | $111,034 | $53.39 |
| Median (P50)(typical) | $141,134 | $67.85 |
| Upper Range (P75) | $180,652 | $86.85 |
| Top Earners (P90) | $218,758 | $105.17 |
Median Salary Position
18.68% above the national average
2026 Salary Percentile Distribution in Peabody
In Peabody, MA, the construction manager salary spread from the 10th to 90th percentile is $135,851 (2026 est.). At $141,134, the local median is 18.68% above the national median of $118,923.
Salary Calculator
At 40 hours/week in Peabody: You'd be in the lower-middle range
How Peabody Construction Manager Pay Compares
Peabody median: $141,134/year (2026)
| Compared To | Median Salary | Peabody Pays |
|---|---|---|
| Massachusetts Average | $140,993 | +0.10% more |
| National Average | $118,923 | +18.68% more |
Construction Managers in Peabody, MA earn a median of $141,134 per year (2026 est.), which is 18.68% higher than the national median of $118,923 and 0.10% above the Massachusetts state average of $140,993.
Cost-of-Living Adjusted Salary
Peabody has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Peabody, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $141,134 is competitive, the higher cost of living reduces purchasing power to an effective $130,077 — a 7.83% reduction.
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2019 BLS Actual
$113,052
2025 BLS Actual
$136,467
2026 Current Est.
$141,134
2019–2027 Growth
+29.1%
Salary Trajectory for Construction Managers in Peabody (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.42% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $113,052 | Actual |
| 2020 | $115,331 | Actual |
| 2021 | $117,360 | Actual |
| 2022 | $120,434 | Actual |
| 2023 | $124,492 | Actual |
| 2024 | $146,617 | Actual |
| 2025 | $136,467 | Actual |
| 2026(current) | $141,134 | Estimated |
| 2027 | $145,961 | Projected |
Based on 7 years of BLS OEWS data for the Peabody metropolitan area, the median construction manager salary grew 20.7% from $113,052 (2019) to $136,467 (2025). At a 3.42% compound annual growth rate, salaries are projected to reach $145,961 by 2027 — a total increase of $32,909 (29.11%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Peabody metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.42% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $82,907 – $111,034 |
| 3-5 years (Mid Career) | $111,034 – $141,134 |
| 5+ years (Experienced) | $141,134 – $180,652 |
| 10+ years (Top Earner) | $180,652 – $218,758 |
CM salary ranges estimated from BLS percentile data. Individual construction manager compensation varies by employer, certifications, and specialization.
Construction Manager Job Market in Peabody
The Peabody job market currently supports eight construction managers, indicating a steady, albeit limited, professional presence in the area. With a cost of living index standing at 108.5, managers may find that their take-home pay is stretched compared to other regions. Among the highest-paying employers are significant general contractors like Turner Construction and Bechtel, known for substantial project budgets and the associated complexity and responsibilities that drive higher salaries. Pay disparity within the role can largely be attributed to factors such as project size and type, with mega-project managers earning bases exceeding $200,000 particularly in the data center, EV, and industrial sectors. Professionals looking to maximize their compensation should consider leveraging certifications like CMAA CCM and PMP, and be open to roles with leading firms that offer performance bonuses and structure their projects for maximum profitability.
More salary data for Peabody, MA:
Frequently Asked Questions
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Written by Michael Johnson, MS, CCM
Career Analyst
Michael has 10 years of experience in construction management. He specializes in project scheduling and cost control. He works with a mid-sized general contracting firm.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $136,467 for construction managersin the Peabody metropolitan area. A 3.42% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Peabody is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.42%, derived from historical BLS wage trends for construction managers (SOC 11-9021).
Compiled and verified by Michael Johnson, MS, CCM, a licensed construction manager with 10+ years of clinical experience. · View source data at BLS.gov