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As of August 01, 2026, the average salary for an Innovation Project Manager in Massachusetts is $163,118 per year, which breaks down to an hourly rate of $78.
However, an Innovation Project Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Innovation Project Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $174,306 | $14,526 | $3,352 | $84 |
| Average | $163,118 | $13,593 | $3,137 | $78 |
| 25th Percentile | $151,158 | $12,597 | $2,907 | $73 |
Akkodis - Waltham, MA
Sagamore - Wakefield, MA
Hodess Constructors Inc - Attleboro, MA
Foundation Personnel Inc - Brockton, MA
An Innovation Project 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 and company size can directly affect your earning potential.
Experience is a primary driver of an Innovation Project 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 |
|---|---|
| Product M... Level Innovation Project Manager | $225,585 |
| Product M... Level Innovation Project Manager | $142,519 |
| Innovatio... Level Innovation Project Manager | $162,295 |
| Product M... Level Innovation Project Manager | $190,462 |
| Product M... Level Innovation Project Manager | $245,962 |
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 Innovation Project Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Innovation Project Manager roles, the industry you choose can affect earning potential by as much as 80% (the gap between the highest and lowest paying industries). Data shows that the Pharmaceuticals and Biotechnology sectors offer the strongest compensation, at 45% above the average. In contrast, Innovation Project Manager positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Innovation Project Manager as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Pharmaceuticals | $236,521 | $114.0 | 45% |
| Biotechnology | $228,365 | $110.0 | 40% |
| Financial Services | $220,209 | $106.0 | 35% |
| Energy & Utilities | $203,897 | $98.0 | 25% |
| Aerospace & Defense | $195,741 | $94.0 | 20% |
Understanding how an Innovation Project 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $174,306 | $14,526 | $3,352 | $84 |
| Average | $163,118 | $13,593 | $3,137 | $78 |
| 25th Percentile | $151,158 | $12,597 | $2,907 | $73 |
Ready to take the next step in your career? Browse thousands of current Innovation Project Manager job openings on our job board. Use the search bar below to find your perfect match.
Dellbrook | JKS
Boston, MA
Dellbrook | JKS | Boston, MA
Dellbrook JKS is looking for an experienced Project Manager to join our dynamic team. If you're passionate about leading, coaching, and ensuring project su... more
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Perfict Global, Inc.
Everett, MA
Perfict Global, Inc. | Everett, MA
Job TitlePerfict Global is a leading IT consulting services provider focused on providing innovative and successful business workforce solutions to Fortune... more
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Syntricate Technologies
Boston, MA
Syntricate Technologies | Boston, MA
Project ManagerHi, Hope you are doing well. Number of position:3. Only Full Time Full-time. I, Shakib (I3 Infotek) would like to share a job opportunity as... more
7 Days Ago
Lancesoft
Springfield, MA
Lancesoft | Springfield, MA
Manage, direct and plan major complex project(s) consisting of one or more project teams.Responsible for the day-to-day execution, management, and reportin... more
7 Days Ago
Reframe Systems
Andover, MA
Reframe Systems | Andover, MA
Project ManagerReframe Systems is reinventing how the world builds. We combine modular construction, robotics, and advanced manufacturing to deliver high-q... more
7 Days Ago
Staffing LLC
Boston, MA
Staffing LLC | Boston, MA
Project ManagerProject Management, Risk/Issue Management, Project Ownership. MS Project, Excel, PowerPoint, Teams. Financial services background, Infrastru... more
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