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How much does a Contracts Administrator III make?

As of March 01, 2025, the average annual salary for a Contracts Administrator III in the United States is $100,290. Salary.com reports that pay typically ranges from $89,358 to $112,504, with most professionals earning between $79,405 and $123,625.

Contracts Administrator III Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $112,504 $9,375 $2,164 $54
Average $100,290 $8,358 $1,929 $48
25th Percentile $89,358 $7,447 $1,718 $43

Average Salary

25% $89,358 10% $79,405 90% $123,625 75% $112,504 $100,290 50%(Median) Didn’t find job title? Click
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How much does a Contracts Administrator III make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Contracts Administrator III salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Contracts Administrator III hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Contracts Administrator III's Salary?

An entry-level Contracts Administrator III with less than 1 year of experience earns about $94,206. With 1-2 years of experience, the average salary increases to $95,011. For 2-4 years of experience, the pay typically rises to $97,106. Senior-level professionals with 5-8 years of experience earn around $100,300, and those with over 8 years of experience can expect an average of $104,442.

Levels Salary
Entry Level Contracts Administrator III $94,206
Intermediate Level Contracts Administrator III $95,011
Senior Level Contracts Administrator III $97,106
Specialist Level Contracts Administrator III $100,300
Expert Level Contracts Administrator III $104,442
$94,206 0 yr
$95,011 < 2 yrs
$97,106 2-4 yrs
$100,300 5-8 yrs
$104,442 > 8 yrs
Last Updated on March 01, 2025
Entry Level 6%
Mid Level 5%
Senior Level 3%
Top Level 0%
Experienced 4%
View as graph
Last Updated on March 01, 2025

How much does salary of Contracts Administrator III vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Contracts Administrator III is $125,363.
  • In New York, NY, the average annual salary is $117,139.
  • In Boston, MA, a Contracts Administrator III earns $112,425 per year.

What is the salary trend of Contracts Administrator III?

As of March 01, 2025, our research reveals a significant shift in Contracts Administrator III compensation over the past six years. For example, the median salary increased from $91,407 in 2023 to approximately $90,780 in 2024. (For a detailed analysis of Contracts Administrator III salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Contracts Administrator III Over Time

2020
$???
2021
$???
2022
$???
$91,407
2023
$90,780
2024
$90,031
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$91,407
2024
$90,780
2025
$90,031
2026
$???
Last Updated on March 01, 2025

Contracts Administrator III Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $91,407
2024 $90,780
2025 $90,031
2026 View More
Last Updated on March 01, 2025

Job Openings of Contracts Administrator III

Salary.com job board provides millions of Contracts Administrator III information for you to search for. Click on search button below to see Contracts Administrator III job openings or enter a new job title here.

Most Common Benefits for Contracts Administrator III

Based on HR-reported data: a national average with a geographic differential
Base Salary 69.3%
Bonuses 2.3%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 5.8%
Pension 3.9%
Time Off 8.8%
Core Compensation
Core Compensation Median % of Total
Base Salary $100,290 69.3%
Bonus $3,315 2.3%
Value of Benefits
Core Compensation Median % of Total
Social Security $7,926 5.5%
401K/403B $4,351 3.0%
Disability $2,072 1.4%
Healthcare $8,352 5.8%
Pension $5,595 3.9%
Time Off $12,751 8.8%
Total Compensation $144,652 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Contracts Administrator III with different levels of education?

Salaries for Contracts Administrator III with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Contracts Administrator III with a Bachelor's Degree is $94,689 - $100,841. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Contracts Administrator III Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Contracts Administrator III
Degree Level % of user with this level of education
No Diploma 0.2%
High School 10.7%
Associates 6.4%
Bachelors 43.5%
Masters 26.9%
Doctorate 12.3%
Typical Education for Contracts Administrator III
No Diploma 0.2%
High School 10.7%
Associates 6.4%
Bachelors 43.5%
Masters 26.9%
Doctorate 12.3%
view as table

Contracts Administrator III Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Contracts Administrator III

1. What is the average salary of a Contracts Administrator III?

The average annual salary of Contracts Administrator III is $100,290. In case you are finding an easy salary calculator, the average hourly pay of Contracts Administrator III is $48; the average weekly pay of Contracts Administrator III is $1,929; the average monthly pay of Contracts Administrator III is $8,358.

2. Where can a Contracts Administrator III earn the most?

A Contracts Administrator III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Contracts Administrator III earns the most in San Jose, CA, where the annual salary of a Contracts Administrator III is $125,864.

3. What is the highest pay for Contracts Administrator III?

The highest pay for Contracts Administrator III is $123,625.

4. What is the lowest pay for Contracts Administrator III?

The lowest pay for Contracts Administrator III is $79,405.

5. What are the responsibilities of Contracts Administrator III?

Contracts Administrator III develops, prepares, and administers contracts, bids, and proposals that meet specifications and comply with all policies and regulations. Supports or participates in contract negotiations with suppliers, partners, or customers. Being a Contracts Administrator III reviews contract terms to identify any potential risk or compliance issues. Examines supporting materials and agreement documents related to bids or contracts and provides guidance. Additionally, Contracts Administrator III acts as liaison between the organization and subcontractors to implement the contracts. Maintains contract records used to ensure compliance with reporting and regulatory requirements. Typically requires a bachelor's degree or equivalent. Typically reports to a manager or head of a unit/department. The Contracts Administrator III work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Contracts Administrator III typically requires 4-7 years of related experience.

6. What are the skills of Contracts Administrator III

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.)

RFP: A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.

3.)

Contract Negotiation: Creating an agreement to legally binding terms to obtain favorable results.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Contracts Administrator III is $100,290 per year in the United States, updated at March 01, 2025.
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