Median Salary
$101,553
Above National Avg
Hourly Wage
$48.82
Dollars / Hr
Workforce
0.4k
Total Jobs
Growth
+6%
10-Year Outlook
The Project Manager's Guide to Providence, Rhode Island
As a local who has watched Providence transform from a post-industrial city to a hub for healthcare, education, and tech, I can tell you that moving here as a Project Manager isn't just a career decision—it's a lifestyle choice. Providence offers a unique blend of urban energy and coastal New England charm, all within a compact, walkable city. But is it the right financial and professional move for you? Let's break it down with hard data and local insights.
The Salary Picture: Where Providence Stands
First, the numbers. According to the U.S. Bureau of Labor Statistics (BLS) and local market analyses, the median salary for a Project Manager in the Providence metro area is $101,553 per year, which breaks down to an hourly rate of $48.82. This is remarkably close to the national average of $101,280, meaning Providence offers competitive pay without the extreme cost of living seen in cities like Boston or New York.
What does this look like by experience level? While precise local breakdowns are hard to come by, national data from sources like PMI and Salary.com, adjusted for Providence's market, gives us a clear ladder:
| Experience Level | Years of Experience | Estimated Annual Salary (Providence) | Key Responsibilities |
|---|---|---|---|
| Entry-Level | 0-2 years | $70,000 - $85,000 | Assisting senior PMs, tracking schedules, managing minor project components. |
| Mid-Level | 3-7 years | $95,000 - $115,000 | Leading medium-complexity projects, managing budgets up to $1M, stakeholder communication. |
| Senior-Level | 8-15 years | $120,000 - $145,000 | Overseeing large-scale, multi-phase projects, portfolio management, strategic planning. |
| Expert/Lead | 15+ years | $150,000+ | Program/Portfolio Director, mentoring, driving organizational PMO strategy. |
Insider Tip: Your certification is a major lever. In Providence's healthcare and construction sectors, a PMP (Project Management Professional) certification can add a 10-15% premium to your base salary. For a Mid-Level PM, that could push you from $105,000 to $120,750.
How does Providence compare to other RI cities?
- Warwick: Similar salary range ($98,000 - $105,000), but with a more suburban feel and less dense job market.
- Cranston: Slightly lower median (around $97,000), with more opportunities in municipal and education projects.
- Newport: A smaller, specialized market. Salaries can be higher in marine/defense ($110,000+), but opportunities are fewer.
- Pawtucket: Often lower ($92,000 - $99,000), but with a growing arts and manufacturing scene.
Providence is the clear epicenter, hosting 381 active Project Manager jobs in the metro area at any given time, with a 10-year job growth of 6%, indicating steady, stable demand.
📊 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 median salary of $101,553 sounds great, but what's the real monthly budget? Let's crunch the numbers for a single filer with no dependents (using 2024 RI tax brackets and a standard deduction).
- Gross Annual Salary: $101,553
- Federal Tax (Est.): ~$16,500
- RI State Tax (5.99% flat): ~$6,080
- Social Security/Medicare: ~$7,718
- Net Annual Take-Home: ~$71,255
- Net Monthly Take-Home: ~$5,938
Now, factor in rent. The average 1-bedroom apartment in Providence rents for $1,398/month. A more realistic budget for a comfortable, professionally-located 1BR might be $1,500 - $1,700.
Monthly Budget Breakdown (Mid-Level PM, $5,938 take-home):
| Expense Category | Estimated Monthly Cost | Notes |
|---|---|---|
| Rent (1BR) | $1,500 | Near downtown/Downcity. |
| Utilities (Elec/Heat/Gas/Internet) | $250 | Older buildings can have higher heating costs. |
| Groceries & Household | $450 | |
| Transportation | $200 | Providence is walkable; a car is optional but useful for suburbs. |
| Health/Dental/Disability Insurance | $300 | Employer-sponsored plans vary. |
| Student Loan/Other Debt | $300 | Adjust based on your situation. |
| Retirement Savings (10%) | $850 | Crucial for long-term stability. |
| Discretionary (Food, Fun, Travel) | $1,088 | A generous buffer for a city with great dining and arts. |
| TOTAL | $4,938 | Leaves ~$1,000/month for savings or additional debt. |
Can they afford to buy a home? With a $1,000/month surplus and a $101,553 salary, a mortgage is feasible. The median home price in Providence is around $350,000. A 20% down payment ($70,000) is substantial but possible on a $101,553 salary over 3-4 years of aggressive saving (assuming you have no major debt). A 5% down payment ($17,500) is more accessible, but you'll pay Private Mortgage Insurance (PMI). For a $350,000 home with 5% down, expect a monthly mortgage (including taxes/insurance) of $2,200 - $2,400. This would consume about 40% of your net monthly income, which is high but doable for a single earner with no other major debts. It's a stretch and leaves little room for error.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Providence's Major Employers
Providence's job market is anchored by three pillars: Healthcare, Higher Education, and Government. The tech and finance sectors are growing but remain secondary. Here are the key players hiring Project Managers:
- Brown University & The Providence Public School System: The largest employer, with hundreds of projects at any time—from new lab builds to IT infrastructure. Hiring is steady but often internal-first. Insider Tip: Look for contract-to-hire roles through campus staffing agencies to get your foot in the door.
- Rhode Island Hospital & Lifespan Health System: A massive, complex ecosystem. They need PMs for EMR implementations (like Epic), facility expansions, and clinical trial management. Trend: Heavy investment in telehealth and data integration projects.
- CVS Health (Woonsocket HQ, 20 mins north): A global giant with a local footprint. They hire PMs for pharmacy logistics, digital health initiatives, and corporate real estate. Salaries here often exceed the median, especially for those with retail or healthcare IT experience.
- Raytheon Technologies (Portsmouth, 30 mins south): A major defense contractor. Requires US citizenship for most roles. Projects are long-term (5-10 years) and highly structured. They favor PMs with Agile and Security Clearance experience. Pay is top-tier, often $130,000+.
- Gilbane Building Company: A national construction firm with a major Providence office. They manage complex builds like the new Downtown Providence train station renovation and hospital additions. Ideal for PMs with a construction management background.
- Hasbro (Pawtucket, 10 mins north): For creative PMs. They manage toy launches, digital game development, and marketing campaigns. A unique blend of traditional project management and creative agile methodologies.
- State of Rhode Island Government: The Department of Transportation, Department of Health, and Office of Digital Excellence constantly have RFPs out for public infrastructure, public health initiatives, and IT modernization. The process is bureaucratic, but the projects are impactful and stable.
Hiring Trend: The most consistent demand is for PMs with hybrid skills—a blend of traditional Waterfall (for healthcare construction) and Agile/Scrum (for software and digital health). If you have both, you're a unicorn in this market.
Getting Licensed in Rhode Island
Unlike some states, Rhode Island does not require a state-specific license to practice as a Project Manager. The field is unregulated, and your credentials are based on your experience and certifications (like the PMP from the Project Management Institute).
However, for specific niches, you may need additional certifications:
- Construction: The RI Department of Labor and Training requires a Construction Supervisor's License for overseeing residential work. For commercial, it's often about the firm's license.
- Public Works: Projects funded by state/federal grants often require PMs to be familiar with RI's procurement laws (RI General Laws Title 37).
- Costs & Timeline: The PMP exam fee is $555 for non-members. Studying can take 3-6 months. Post-certification, you need 60 PDUs (Professional Development Units) every 3 years to maintain it. There's no state exam or fee to practice.
Best Neighborhoods for Project Managers
Your commute and lifestyle will shape your experience. Here’s a local’s breakdown:
Downcity/Downtown: The professional core. Walk to work at banks, law firms, and state offices. High-rise apartments, vibrant nightlife, but also higher costs.
- Rent Estimate: $1,600 - $2,200 for a modern 1BR.
- Best For: Young professionals who want to be in the action.
Federal Hill: Providence's "Little Italy." Food-centric, historic, and charming. A 10-minute walk to downtown, but with more character and slightly lower rents.
- Rent Estimate: $1,400 - $1,800 for a 1BR in a triple-decker.
- Best For: PMs who value walkability and nightlife but want a neighborhood feel.
East Side (College Hill & Blackstone Blvd): Home to Brown University and RISD. Leafy, prestigious, and quiet. The commute to downtown is a short bus ride or bike. More expensive, but stable.
- Rent Estimate: $1,700 - $2,500+ for a 1BR.
- Best For: Established PMs or those who work at Brown/RISD. Families looking for top public schools.
Mount Pleasant/Wanskuck: A more residential, affordable area just north of downtown. You'll need a car or bus, but you get more space for your money. It's where many young professionals and families buy their first homes.
- Rent Estimate: $1,200 - $1,500 for a 1BR.
- Best For: Budget-conscious PMs, those with a car, and people who prefer a quieter home base.
Pawtucket (Downtown): A quick 10-minute drive or bus ride from Providence proper. It's undergoing a renaissance, with new lofts, breweries, and art spaces. It's often overlooked but offers great value.
- Rent Estimate: $1,100 - $1,400 for a 1BR.
- Best For: Creative PMs (Hasbro, artists), and those looking to buy their first home in a gentrifying area.
The Long Game: Career Growth
In Providence, career growth for Project Managers is less about jumping to a new company every two years and more about project complexity and industry specialization.
Specialty Premiums:
- Healthcare IT (Epic/Cerner): +15-20% premium. Lifespan and Care New England are constantly hiring for these roles.
- Construction/Engineering: +10-15%. Gilbane and AECOM have large local offices.
- Agile/Scrum Master: +10%. Essential for tech-adjacent roles at CVS, Hasbro, and local startups.
Advancement Paths: The typical path is Project Coordinator → Project Manager → Senior PM → Program Manager/Portfolio Director. In a mid-sized metro like Providence, you often have to move laterally between employers to reach the $140,000+ level. The ceiling is around $160,000 for top-level, non-executive PM roles in the region.
10-Year Outlook: With a 6% job growth rate, the market is stable, not explosive. The rise of telehealth, digital transformation in legacy industries (manufacturing, maritime), and ongoing infrastructure needs (bridges, broadband) will drive demand. The key will be adapting to new methodologies and technologies. Providence won't have the sheer volume of Silicon Valley, but the opportunities are deep and long-lasting.
The Verdict: Is Providence Right for You?
| Pros | Cons |
|---|---|
| Competitive Salaries relative to cost of living. $101,553 goes further here than in Boston. | Winters are long, gray, and snowy. This can affect morale and commute. |
| Stable, Diverse Job Market anchored by healthcare and education. Less volatility than tech-only hubs. | A "Small Fish in a Small Pond" syndrome. The senior PM network is tight-knit; reputation matters immensely. |
| Walkable, Vibrant City with world-class restaurants, arts (AS220, Trinity Rep), and a major university presence. | Car Dependency for Suburbs. While downtown is walkable, many major employers (Raytheon, CVS HQ) are car-dependent. |
| Strategic Location on the I-95 corridor. Easy access to Boston (1 hour) and NYC (3 hours) for networking/weekends. | State Bureaucracy. Public sector projects can be slow-moving and politically entangled. |
| High Quality of Life for those who value arts, food, and coastal access (Beaches are 30 mins away). | Limited "Big Tech" Presence. If you're aiming for FAANG-level projects, you'll need to look elsewhere. |
Final Recommendation:
Providence is an excellent choice for a mid-career Project Manager seeking a balance between urban amenities and a manageable cost of living. It's ideal for PMs in healthcare, education, and construction. If you're an early-career PM, it's a great place to gain solid experience without being crushed by debt. If you're a senior PM aiming for a $160,000+ salary, you may hit a ceiling and need to consider Boston or NYC. For most, the quality of life and stable career path make it a compelling "yes."
FAQs
1. What's the job hunt like in Providence?
It's relationship-driven. While LinkedIn and Indeed are active, many jobs are posted directly on employer websites (Brown, Lifespan, State). Networking through the local PMI Rhode Island Chapter and attending events at the Providence Chamber of Commerce is highly effective.
2. Do I need a car?
If you live and work in Downcity, Federal Hill, or the East Side, you can get by with a bike, bus, or occasional Uber. For commuting to Woonsocket (CVS), Portsmouth (Raytheon), or living in the suburbs, a car is non-negotiable.
3. How's the commute?
Excellent by national standards. The average commute in the Providence metro is 24 minutes. Traffic is only heavy during rush hour on I-95 and I-195, but it's manageable. The MBTA Commuter Rail to Boston also runs from downtown Providence.
4. Is the market saturated?
With 381 jobs and 6% growth, it's competitive but not saturated. The differentiator is specialization. A PMP-certified PM with healthcare IT experience will have multiple offers, while a generalist may struggle.
5. What's the biggest surprise for newcomers?
The sense of community. It's not a transient city. People put down roots. The professional network is smaller but more supportive than in larger metros. And the food scene—especially the Italian and Portuguese cuisine—is a genuine, unpretentious delight.
Sources:
- U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics, May 2023.
- Rhode Island Department of Labor and Training.
- Zumper, Apartment List (Rent Data).
- Project Management Institute (PMI) Salary Survey.
- Local market analysis from RI Commerce and the Providence Chamber of Commerce.
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