As of August 01, 2026, the average salary for a Project Risk Manager in the United States is $114,951 per year, which breaks down to an hourly rate of $55.
However, a Project Risk Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Project Risk Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Project Risk Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Project M... Level Project Risk Manager | $77,125 |
| Project M... Level Project Risk Manager | $96,399 |
| Project R... Level Project Risk Manager | $117,976 |
| Project M... Level Project Risk Manager | $132,887 |
| Project M... Level Project Risk Manager | $156,717 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Project Risk Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Project Management | 20.54% |
| PowerPoint | 1.27% |
| Quality Control | 1.01% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Agile
|
$120,699 |
5%
|
|
Scrum
|
$120,699 |
5%
|
|
Project Delivery
|
$119,549 |
4%
|
|
Program Management
|
$119,549 |
4%
|
|
Risk Management
|
$118,400 |
3%
|
|
Change Management
|
$118,400 |
3%
|
For Project Risk Manager roles, the industry you choose can affect earning potential by as much as 45% (the gap between the highest and lowest paying industries). Data shows that the Internet and Pharmaceuticals sectors offer the strongest compensation, at 20% above the average. In contrast, Project Risk Manager positions in Hospitality & Leisure or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Project Risk Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Internet | $137,941 | $66.0 | 20% |
| Pharmaceuticals | $137,941 | $66.0 | 20% |
| Financial Services | $132,194 | $64.0 | 15% |
| Software & Networking | $132,194 | $64.0 | 15% |
| Biotechnology | $126,446 | $61.0 | 10% |
Your level of education can impact your salary potential. While many Project Risk Managers enter the field with a Associate's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Project Risk Manager with a Associate's Degree is between $108,444 and $115,598).
Project Risk Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.2% |
| High School | 5.7% |
| Associates | 4.1% |
| Bachelors | 42.2% |
| Masters | 44.4% |
| Doctorate | 3.4% |
Understanding how a Project Risk Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Salaries for a Project Risk Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $104,545 in 2023 to around $103,641 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Project Risk Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $104,545 |
| 2024 | $104,319 |
| 2025 | $103,641 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Internet industry offers the highest average compensation for Project Risk Manager roles, with salaries approximately 20% above the market median.
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.)
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