As of May 18, 2021, the average salary for a Contracts Administrator V in the United States is $141,395 per year, which breaks down to an hourly rate of $68.
However, a Contracts Administrator V's salary can vary significantly. Here’s a look at the typical salary range:
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A Contracts Administrator V'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 a Contracts Administrator V'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:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Contracts Administrator III | 4-7 years | $99,134 |
| Contracts Administrator IV | 7+ years | $115,370 |
| Contracts Administrator V | 7-10 years | $141,395 |
| Contracts Administration Supervisor | 10+ years | $94,928 |
| Contracts Administration Senior Supervisor | 10+ years | $116,517 |
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 Contracts Administrator Vs. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Analysis | 3.95% |
| Billing | 2.6% |
| Contract Negotiation | 1.81% |
Understanding how a Contracts Administrator V'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 May 18, 2021For a Contracts Administrator V, the most direct path to higher earnings is advancing to the Contracts Administration Supervisor role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $94,928 - a projected growth of -33% over your current level.
Salaries for a Contracts Administrator V can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $140,379 in 2023 to around $135,826 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Contracts Administrator V salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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| 2023 | $140,379 |
| 2024 | $137,095 |
| 2025 | $135,826 |
| 2026 |
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| 2027 |
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A Contracts Administrator V'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 V earns the most in San Jose, CA, where the annual salary of a Contracts Administrator V is $178,342.
The highest pay for Contracts Administrator V is $154,516.
The lowest pay for Contracts Administrator V is $132,353.
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. 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. 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. Works autonomously. Goals are generally communicated in "solution" or project goal terms. May provide a leadership role for the work group through knowledge in the area of specialization. Works on advanced, complex technical projects or business issues requiring state of the art technical or industry knowledge. Typically requires 10+ years of related experience.
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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