Median Salary
$100,003
Vs National Avg
Hourly Wage
$48.08
Dollars / Hr
Workforce
0.6k
Total Jobs
Growth
+6%
10-Year Outlook
Here is a comprehensive career guide for Project Managers considering a move to Madison, WI.
Project Manager Career Guide: Madison, Wisconsin
Welcome to the "City of Four Lakes." As a local career analyst, I've watched Madison's tech and healthcare sectors explode over the past decade. If you're a Project Manager (PM) considering a move here, you're looking at a stable, growing market with a high quality of lifeโbut it comes with specific local nuances. This guide breaks down the reality of working as a PM in Madison, from your take-home pay to the best neighborhoods for your commute.
๐ฐ Monthly Budget
๐ Snapshot
The Salary Picture: Where Madison Stands
Madison's salary landscape for Project Managers is solid, sitting slightly below the national average but buoyed by a lower cost of living. The median salary for a Project Manager here is $100,003/year, translating to an hourly rate of $48.08/hour. For context, the national average for the role is $101,280/year. It's a tight race, but Madison's financial edge lies in its affordability.
The metro area supports approximately 560 PM jobs, with a 10-year job growth projection of 6%. This isn't explosive growth, but it's steady, driven by the unique blend of state government, major healthcare systems, and a burgeoning tech scene.
Experience-Level Breakdown
Hereโs how salaries typically break down based on experience in the Madison market:
| Experience Level | Typical Years | Estimated Annual Salary Range |
|---|---|---|
| Entry-Level | 0-2 years | $68,000 - $82,000 |
| Mid-Career | 3-7 years | $85,000 - $110,000 |
| Senior | 8-12 years | $110,000 - $135,000 |
| Expert/Lead | 12+ years | $135,000 - $160,000+ |
Note: These ranges are estimates based on local job postings and industry surveys. Government and healthcare often start lower but offer better benefits.
Comparison to Other Wisconsin Cities
Madison isn't the highest-paying city in Wisconsin for PMs, but it's a strong contender.
| City | Median Salary | Cost of Living Index (US Avg=100) | Key Industries |
|---|---|---|---|
| Madison | $100,003 | 95.8 | Tech, Healthcare, Government |
| Milwaukee | $102,500 | 97.1 | Manufacturing, Finance, Healthcare |
| Green Bay | $94,200 | 91.5 | Manufacturing, Paper, Healthcare |
Insider Tip: While Milwaukee pays slightly more, the difference is often erased by Madison's lower housing costs and more consistent traffic patterns. You'll trade a slightly higher salary for a better daily commute in Madison.
๐ Compensation Analysis
๐ 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
Let's get real about the numbers. With a median salary of $100,003/year, your monthly take-home pay after taxes (assuming single filer, standard deduction, and Wisconsin's ~5.3% state tax) is approximately $5,800 - $6,100/month.
Monthly Budget Breakdown for a Project Manager Earning $100,003:
| Category | Estimated Cost | Notes |
|---|---|---|
| Take-Home Pay | $6,000 | After federal, state, and FICA taxes. |
| 1-BR Rent (City Avg) | -$1,182 | Can range from $950-$1,500+ depending on area. |
| Utilities/Internet | -$150 | Includes electricity, gas, and fiber internet (widely available). |
| Groceries | -$400 | Slightly above national average due to Madison's focus on fresh/local. |
| Transportation | -$250 | Likely a car payment, gas, and insurance. Public transit is viable. |
| Health Insurance | -$300 | Estimate for single coverage (employers often cover 70-80%). |
| Miscellaneous | -$500 | Entertainment, dining out, personal care. |
| Savings/Debt | $3,218 | Remainder for retirement, student loans, or savings. |
Can They Afford to Buy a Home?
Yes, but it's competitive. The median home price in the Madison metro is around $350,000. With a $100,003 salary and a 20% down payment ($70,000), you're looking at a monthly mortgage payment (including taxes and insurance) of roughly $1,800-$2,000. This is manageable for a mid-career PM, especially with a dual-income household. However, the starter-home market under $300k is fiercely competitive, often requiring quick offers and waived contingencies.
Where the Jobs Are: Madison's Major Employers
Madison's job market is uniquely anchored by institutions that provide stable, long-term PM roles. The hiring trend is strong in healthcare IT, state government modernization, and tech.
- University of Wisconsin-Madison: The state's largest employer. PMs are needed for research grants, IT infrastructure projects, and campus facility upgrades. Hiring is consistent, with a focus on PMP certification.
- Epic Systems (in Verona): A massive private healthcare software company just 15 minutes from downtown. They hire PMs for software implementation and R&D projects. It's a high-pressure, high-reward environment with a famously unique corporate culture.
- American Family Insurance: A major corporate headquarters in Madison. They heavily recruit PMs for digital transformation, claims processing systems, and marketing technology projects.
- UW Health: A top-tier academic health system. PMs are critical for electronic health record (EHR) updates, new clinic openings, and clinical trial management.
- State of Wisconsin: The government is a huge PM employer. Roles span from the Department of Transportation (infrastructure) to the Department of Health Services (public health projects). Benefits are excellent, but salaries can be at the lower end of the spectrum.
- Exact Sciences: A cancer diagnostics company that has grown explosively. They hire PMs for lab operations, product launches, and R&D projects. A great option for those interested in biotech.
Insider Tip: While Epic is the tech giant, don't overlook the "middle market." Companies like Informed (digital payments) and Fetch Rewards (mobile loyalty) offer startup-like environments with strong PM needs.
Getting Licensed in WI
For Project Managers, licensure isn't as mandatory as it is for, say, engineers or architects. However, certification is the de facto standard for advancement.
- PMP (Project Management Professional): The gold standard, offered by the Project Management Institute (PMI). No state-specific license is required. You must meet education (35 contact hours) and experience (4,500 hours) requirements. The exam cost is around $405-$555. Wisconsin does not have a separate state PM license.
- CAPM: For those with less experience, the Certified Associate in Project Management is a valuable entry-level credential.
- Agile Certifications: With the tech sector's growth, Scrum Master (CSM) or PMI-ACP certifications are highly valued, especially at Epic and tech startups.
- Timeline: Studying for and passing the PMP typically takes 2-4 months. The application process can add another month. The credential is valid for three years and requires 60 PDUs (Professional Development Units) to renew.
Best Neighborhoods for Project Managers
Your commute and lifestyle will vary dramatically by neighborhood. Madison is divided by the isthmus (the land between Lakes Mendota and Monona), creating unique traffic patterns.
- Downtown/Isthmus: Walkable, vibrant, and expensive. Ideal for PMs working at the State Capitol, UW-Madison, or downtown offices. You can walk to work, but rent is high.
- Rent Estimate (1BR): $1,400 - $1,800+
- East Side (Atwood, Williamson/Madison Street): Hip, with great restaurants and bike-friendly streets. A good balance of urban and residential. Commute to downtown is easy via bike or bus (15-20 min).
- Rent Estimate (1BR): $1,100 - $1,400
- West Side (Midvale, Gammon Road): More suburban, family-oriented, and close to Epic Systems and American Family Insurance. Excellent schools and more housing options, but a car is a must.
- Rent Estimate (1BR): $1,050 - $1,350
- South Side (Monona, Cottage Grove Road): Affordable and convenient for commuters to the airport, Epic, and the I-90/94 corridor. Less "walkable" than the East Side but offers great value.
- Rent Estimate (1BR): $950 - $1,200
- Near West (Dudgeon-Monroe): Established, quiet, and close to the University and arboretum. Higher home prices, but a peaceful, professional feel.
- Rent Estimate (1BR): $1,200 - $1,500
Insider Tip: If you work at Epic, seriously consider the West or South Side. The daily commute across the isthmus from the East Side can be a frustrating 30-45 minutes due to bottleneck bridges.
The Long Game: Career Growth
Madison offers a clear path for PMs who specialize.
- Specialty Premiums: PMs with IT/Agile experience can command a 10-15% premium over generalist PMs, especially at Epic and tech firms. Healthcare PMs also see a premium due to the complexity of regulations (HIPAA, FDA).
- Advancement Paths: The most common path is from Project Coordinator to Project Manager, then to Senior PM or Program Manager (overseeing a portfolio of projects). From there, many move into Product Management (especially in tech) or Operations Management.
- Networking: Join local PMI chapters (PMI Wisconsin Chapter) and attend meetups at places like 100state or the Madison College of Engineering. The local network is tight-knit and helpful.
- 10-Year Outlook: The 6% job growth is stable. The biggest opportunities will be in digital transformation (for companies like American Family), health tech (driven by UW Health and Epic), and infrastructure (funded by state and federal grants). PMs who upskill in AI project management and data analytics will remain highly competitive.
The Verdict: Is Madison Right for You?
| Pros | Cons |
|---|---|
| Stable, diverse job market with government and tech anchors. | Winters are long and cold (Nov-Apr), which can be a shock. |
| High quality of life with lakes, bike trails, and a vibrant downtown. | The rental market is tight, especially in popular neighborhoods. |
| Lower cost of living than national average, especially for a capital city. | Traffic bottlenecks at bridges crossing the isthmus. |
| Young, educated population fuels a progressive and energetic culture. | "Silicon Prairie" can feel small compared to major tech hubs. |
| Excellent public schools (Madison Metropolitan School District). | State government bureaucracy can slow down projects. |
Final Recommendation:
Madison is an excellent choice for Project Managers who value work-life balance, a stable career, and an active, outdoor-oriented lifestyle. It's not the place for someone seeking the fastest career climb or the highest salary ceiling. If you're an experienced PM (mid-career or senior) with skills in IT, healthcare, or government projects, and you don't mind a distinct four-season climate, Madison offers a compelling package. The financial math works, the job market is solid, and the community is welcoming. For the right person, it's one of the best places to build a career and a life.
FAQs
Q: Is it hard to find a Project Manager job in Madison without a local network?
A: It's moderate. While networking helps, the job market is large enough that applying through company websites (like Epic, AmFam, UW) and LinkedIn will generate interviews. Having a PMP certification significantly boosts your visibility.
Q: Do I need a car in Madison?
A: It depends on your neighborhood and workplace. If you live and work on the East Side or near a bus line, you can manage without one. However, for commuting to Epic, the West Side, or for grocery shopping, a car is highly recommended. The public bus system (Metro Transit) is decent but not comprehensive.
Q: What's the winter commute like?
A: It can be challenging. Madison gets significant snow, and while the city is excellent at plowing, bridges and hills can be problematic. A car with good snow tires is essential. Many PMs opt to work remotely 1-2 days a week during deep winter.
Q: How does the state government's fiscal cycle affect PM hiring?
A: State hiring can be cyclical, often tied to the biennial budget (July 1 - June 30). Hiring may slow in the first year of a new governor's term but pick up in the second. Project-based contracts (especially in IT) are less affected and often run on federal or grant funding timelines.
Q: Is the cost of living really lower than the national average?
A: Yes, the Cost of Living Index is 95.8 (US avg = 100). The biggest savings are in housing and utilities. However, groceries and healthcare can be slightly above average. Your overall purchasing power as a PM earning $100,003 will be higher in Madison than in a coastal tech hub with a similar salary.
Data Sources: U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics, Madison Area Economic Development, Wisconsin Department of Revenue, Project Management Institute (PMI), and local real estate market reports (Q2 2024).
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