Median Salary
$50,825
Above National Avg
Hourly Wage
$24.44
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
As a career analyst who’s spent years mapping out professional paths across the Front Range, I can tell you that Centennial, CO, presents a unique case study for Construction Managers. It’s not the bustling downtown core of Denver, nor is it a remote mountain town. It’s a meticulously planned, family-oriented suburb with a booming construction scene of its own. This guide is designed for the mid-career manager or the seasoned pro looking to pivot, grounded in the hard numbers and the on-the-ground reality of building a life—and a career—here.
The Salary Picture: Where Centennial Stands
First, let's talk numbers. The construction market here is competitive, but it reflects a stable, growing economy. The U.S. Bureau of Labor Statistics (BLS) and local industry reports consistently show that Colorado is a strong market for construction management, and the Denver-Aurora-Lakewood metro area, which Centennial is a core part of, drives much of that demand.
Here’s how the salary landscape breaks down for Construction Managers in the Centennial area:
| Experience Level | Annual Salary Range (Centennial, CO) | Key Factors |
|---|---|---|
| Entry-Level | $75,000 - $90,000 | Typically holds an Associate's or Bachelor's, 0-2 years experience. Often starts as an Assistant PM or Field Engineer. |
| Mid-Career | $95,000 - $125,000 | 5-10 years experience, manages a team, handles medium-complexity projects (e.g., custom homes, small commercial). |
| Senior-Level | $125,000 - $155,000+ | 10-20 years, oversees multiple projects or a regional portfolio. Manages large budgets, complex client relations. |
| Expert/Executive | $155,000 - $180,000+ | 20+ years, C-suite or VP level, strategic oversight, business development, high-value commercial/industrial projects. |
Note: These ranges are estimates based on regional data and industry surveys, sitting within the context of the provided median.
The median salary for a Construction Manager in Centennial is $109,995 per year, with an hourly rate of $52.88. This is slightly above the national average of $108,210 per year, which is typical for the Denver metro area due to its higher cost of living and robust construction market. Compared to other Colorado cities, Centennial offers a compelling middle ground. While salaries in Denver proper might be marginally higher (by 3-5%), the cost of living pressure is also greater. In Colorado Springs, salaries might be closer to the national average, but Centennial's proximity to the high-value Denver market and its own sustained residential and commercial development keeps wages competitive.
Insider Tip: Don't just focus on the base salary. In Centennial, many firms, especially those specializing in custom homes or high-end commercial work, offer significant performance bonuses tied to project completion, budget adherence, and safety records. These can add an extra 10-20% to your annual compensation.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A six-figure salary in the suburbs looks different than it does in a high-cost coastal city, but it’s not a walk in the park. Let’s break down a monthly budget for a Construction Manager earning the median salary of $109,995.
Assumptions: Single filer, taking the standard deduction, contributing to a 401(k) at a 5% rate, and using a 2024 tax estimator for Colorado (federal + state + FICA). Note: Colorado has a flat 4.4% state income tax.
- Gross Monthly Pay: $9,166
- Estimated Monthly Taxes & Deductions (25-28%): $2,300 - $2,570
- This includes Federal, State (4.4%), Social Security, Medicare, and your 401(k) contribution.
- Estimated Net Monthly Pay: $6,600 - $6,870
Now, let's layer in the cost of living. The average 1BR rent in Centennial is $1,635/month, and the city's Cost of Living Index is 105.5 (US avg = 100). This means your dollar goes about 5.5% less far than the national average, driven primarily by housing.
Monthly Budget Breakdown (Construction Manager, $109,995 Salary):
| Category | Estimated Cost | Notes |
|---|---|---|
| Rent (1BR) | $1,635 | A decent, modern 1BR in a safe area. |
| Utilities | $200 - $250 | Electricity, gas, water, trash, internet. |
| Groceries | $400 - $500 | For one person, shopping at places like King Soopers or Whole Foods. |
| Car Payment/Insurance | $450 - $600 | Assumes a modest car payment and CO insurance rates. |
| Gas/Commuting | $150 - $200 | Centennial is car-dependent. Commute to Denver or job sites adds up. |
| Health Insurance | $250 - $400 | Employer-sponsored plan (employee portion). |
| Miscellaneous/Entertainment | $500 - $700 | Dining out, hobbies, gym, etc. |
| Total Estimated Expenses | $3,585 - $4,285 | |
| Monthly Savings/Discretionary | $2,315 - $3,285 |
Can they afford to buy a home? Yes, but with caveats. The median home price in Centennial is roughly $550,000 - $625,000. With a 20% down payment ($110,000 - $125,000), a 30-year mortgage at 7% would have a monthly payment (principal, interest, taxes, insurance) of $3,500 - $4,000. This represents 50-60% of this manager's net take-home pay, which is financially strained. Most successful homebuyers in this bracket either have a dual-income household, bring significant savings from a previous home sale, or are buying with a smaller down payment (which increases the monthly cost). Renting for the first 1-2 years to build savings and understand the market is a very common and prudent path.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Centennial's Major Employers
Centennial's job market for construction managers is diverse, anchored by both local firms and national players with a major presence here. The city is a hub for residential development (especially in the southeast quadrant) and light industrial/commercial projects.
Lennar & Richmond American Homes: Two of the nation's largest homebuilders have massive operations in Centennial and the surrounding suburbs. They are constantly hiring for Construction Managers to oversee their large-scale, master-planned communities (like those in the Reunion and Sterling Ranch areas). Hiring is steady, and they value managers who can maintain high production volume while ensuring quality.
Hensel Phelps: A national contractor with a major office in the Denver metro area (including projects in Centennial). They specialize in complex commercial, institutional, and industrial projects. If you have experience with public works, healthcare, or higher-ed construction, this is a top-tier employer. They are known for a strong project management framework and invest in employee training.
GE Johnson Construction Company: Another Colorado-based powerhouse with a significant footprint. They handle a wide range of commercial projects, from corporate offices to higher education facilities. They have a reputation for a collaborative culture and a focus on employee development. Their projects often serve the tech and healthcare sectors, which are growing in the Denver area.
The City of Centennial (Public Works): Don't overlook municipal employment. The city manages its own infrastructure projects—road expansions, park developments, and public facility upgrades. These roles offer excellent job security, benefits, and a 40-hour work week (a rarity in private construction). Check the city's career page regularly; openings are posted there.
Local General Contractors & Design-Build Firms: The metro area is home to dozens of mid-sized firms like Haselden Construction and Saunders Construction. These companies often work on mid-rise commercial, mixed-use, and high-end residential projects. They provide a more intimate, hands-on environment compared to national giants. Networking with local chapters of the Associated General Contractors (AGC) of Colorado is key here.
Hiring Trends: The market is strong. The 10-year job growth projection for Construction Managers in the region is 8%, which is solid. The biggest demand is for managers who are tech-savvy, proficient with software like Procore, PlanGrid, or Autodesk BIM 360, and who understand sustainable building practices (LEED, Net Zero). The post-2020 construction boom has cooled slightly, but the pent-up demand for housing and infrastructure remains high.
Getting Licensed in CO
Colorado does not require a state-specific license for Construction Managers to practice, unlike some states (e.g., California). However, there are critical certifications and requirements you must meet to be competitive and legally operate certain aspects of a project.
Professional Certifications (Highly Recommended):
- Certified Construction Manager (CCM): Offered by the Construction Management Association of America (CMAA). This is the gold standard and significantly boosts earning potential.
- Project Management Professional (PMP): From the Project Management Institute (PMI). Highly valued across industries.
- OSHA 30-Hour Construction Certification: Mandatory for most larger contractors. Shows a commitment to safety.
Contractor Licensing: If you plan to be a general contractor (pulling permits, signing contracts), you must obtain a Colorado Contractor License from the Colorado Department of Regulatory Agencies (DORA).
- Requirements: Pass an exam, prove financial stability (via a surety bond or proof of assets), and have a qualifying party (you or an employee) with the requisite experience.
- Costs: Exam fees (~$500), bond/insurance costs (varies widely, could be $5,000-$15,000+), and application fees.
- Timeline: The process can take 3-6 months. Start by visiting the DORA website to understand the specific classification you need (e.g., Residential, Commercial, General).
Getting Started: For an out-of-state manager, the first step is to secure a job offer. Your new employer will often guide you through the local certification process. If you're moving to start your own firm, engage with a local attorney specializing in construction law to ensure compliance from day one.
Best Neighborhoods for Construction Managers
Living in Centennial means balancing commute, lifestyle, and budget. Here’s a local’s breakdown:
The Centennial "Core" (Near Arapahoe Rd & I-25):
- Vibe: Central, convenient, mix of older and newer apartments/condos. Close to the Arapahoe Light Rail station.
- Commute: Excellent. Easy access to I-25 for jobs in Denver, or to the tech corridor in Broomfield/Louisville.
- Rent Estimate: $1,700 - $2,000/month for a 1BR.
- Best For: Professionals who want a central hub and might commute to various job sites.
Southeast Centennial (Near Arapahoe Rd & Gun Club Rd):
- Vibe: More residential, newer apartment complexes, close to the massive outdoor shopping center, The Streets at SouthGlenn. Feels suburban and quiet.
- Commute: Good access to E-470 and I-25, but can be congested during peak hours. Closer to growing residential developments where many jobs are located.
- Rent Estimate: $1,600 - $1,800/month for a 1BR.
- Best For: Those who prefer a quieter, family-friendly environment and will be working on local residential projects.
Nearby Greenwood Village:
- Vibe: Upscale, corporate, and green. Home to the Denver Tech Center (DTC). More expensive but offers luxury amenities.
- Commute: Prime for jobs in DTC or central Denver. Easy access to light rail.
- Rent Estimate: $2,000 - $2,500/month for a 1BR.
- Best For: Senior managers targeting high-paying corporate or commercial roles in the DTC area.
Nearby Lone Tree:
- Vibe: Modern, affluent, and rapidly growing. Home to the Park Meadows mall and major corporate campuses (e.g., Charles Schwab).
- Commute: Excellent access to I-25 and E-470. A bit farther from central Denver but ideal for roles in the south metro.
- Rent Estimate: $1,800 - $2,200/month for a 1BR.
- Best For: Managers in high-end construction or those working for large corporate builders.
Insider Tip: Traffic on I-25 is a major factor. If your job is in Denver, living north of Centennial (like in Denver proper or north Aurora) might shorten your commute but increase your rent. Centennial offers a "sweet spot" for those who want more space for their money and are willing to manage a flexible commute schedule.
The Long Game: Career Growth
The path forward for a Construction Manager in Centennial is about specialization and strategic positioning.
Specialty Premiums:
- Healthcare/Higher Ed Construction: Managers with experience in these high-complexity, regulated environments can command a 10-15% salary premium.
- Sustainable Building (LEED AP): With Colorado's focus on energy efficiency, this credential is increasingly valuable and can add 5-10% to your salary.
- Technology/Industrial Construction: Data centers and advanced manufacturing facilities are booming in the region. This niche expertise is in high demand.
Advancement Paths:
- Project Manager to Senior Project Manager: Focus on larger budgets and more complex stakeholder management.
- Senior PM to Project Executive/Director: Oversees a regional portfolio, focuses on business development and client relationships.
- Vertical Move: Transition to a Developer or Owner's Representative role (working for the entity funding the project), which often comes with higher pay and a better work-life balance.
10-Year Outlook (8% Growth): The growth is real, but it won't be evenly distributed. The managers who will thrive are those who:
- Master digital project management tools.
- Understand modular/off-site construction trends.
- Build a strong local network through organizations like the AGC Colorado, Denver Metro Commercial Real Estate Association (DMCREA), and the Home Builders Association of Metro Denver.
The Verdict: Is Centennial Right for You?
| Pros | Cons |
|---|---|
| Salary vs. Cost: The $109,995 median salary provides a comfortable living, allowing for savings, especially with a disciplined budget. | High Housing Costs: Buying a home is a significant financial hurdle without a dual income or substantial savings. |
| Strong Job Market: Diverse employers from national builders to local GCs. 8% projected growth is promising. | Car Dependency: Public transit is limited. A reliable car is a necessity, adding to transportation costs. |
| Strategic Location: Close to Denver's job market but with more space and slightly lower costs. Access to outdoor recreation (Red Rocks, mountains) is a 30-60 minute drive. | Competition: The market attracts skilled professionals from across the country. You need to be proactive in networking. |
| Balanced Lifestyle: A safe, family-oriented city with good schools and parks, offering a more relaxed pace than urban Denver. | Limited "Network" Nightlife: If you crave a vibrant, walkable urban scene, you may find Centennial too quiet. |
Final Recommendation: Centennial is an excellent choice for Construction Managers who value a stable career, a safe and family-friendly environment, and strategic access to the Colorado market. It is not the best fit for those seeking a low-cost, walkable urban lifestyle straight away. If you can navigate the initial housing cost hurdle—whether by renting or buying with a partner—Centennial offers a high quality of life and a lucrative, growing career path.
FAQs
1. I'm an out-of-state Construction Manager. How hard is it to find a job in Centennial?
It’s very feasible. The market is hungry for experienced talent. Your first step should be to update your LinkedIn profile with your location as "Denver-Aurora-Lakewood, CO" (recruiters search by metro area) and start connecting with local recruiters at firms like Hired, Inc., or specialized construction staffing agencies. Tailor your resume to highlight experience with projects similar to those booming in the area (e.g., mid-rise residential, light commercial).
2. What's the weather really like for construction work?
Colorado has four distinct seasons. Winters can be mild but have significant snow events that can halt work for days. Spring and fall are ideal, with mild temperatures. Summers are hot and dry, with frequent afternoon thunderstorms. The construction season is active from April through October/November, with a slowdown or indoor work focus in the winter months. Factor in weather delays when managing project schedules.
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