Average Project Management Specialists Salary in Akron, OH
Project Management Specialists in Akron, OH, command an average annual salary of $104,320. This figure is slightly below the national average of $108,900, reflecting a localized market dynamic. While the pay is competitive, understanding the specific economic factors within Akron is key to appreciating this compensation.
Executive Summary
- Average Salary: $104,320 per year.
- Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,280.
- Outlook: With a local workforce of 1,990 Project Management Specialists, Akron presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.95 indicates that the concentration of these roles in Akron is very close to the national average, suggesting a consistent demand that aligns with broader industry trends.
Salary Overview
The average Project Management Specialists in Akron, OH earns-4.2%below the national average.
$50.2
$2,006
$8,693
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Akron is not provided, it's reasonable to assume that Project Management Specialist salaries in the region have mirrored national trends over the past four years. Economic growth, increased project complexity, and a rising demand for skilled project managers likely contributed to salary increases, keeping pace with inflation and market adjustments.
Project Management Specialists Salary Distribution in Akron, OH
Salary progression for Project Management Specialists in Akron, OH, is significantly influenced by experience. Entry-level professionals typically earn at the lower end of the pay scale, while senior specialists with extensive experience and proven track records can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and reward for accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,550 | $27.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,240 | $37.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,380 | $47.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $130,400 | $62.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $158,280 | $76.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$104,320
Gross Pay
Real Wage (Purchasing Power)
$104,320
Adjusted for COL (100)
The average annual salary of $104,320 in Akron, OH, offers excellent purchasing power, as the local Cost of Living Index is precisely at the national average of 100. This means that the nominal salary translates directly to the national average in terms of real value, allowing residents to maintain a comparable standard of living to the rest of the country.
Job Market Context
1,990
Total Jobs
6.222
Per 1K Jobs
0.95
Location Quotient
Akron, OH has 0.95x the national average concentration of Project Management Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.95 for Project Management Specialists in Akron suggests that the job market here is nearly as concentrated as the national average. This indicates a healthy and balanced presence of these roles, neither overly saturated nor significantly scarce, implying a competitive but accessible environment for both employers and job seekers.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Canton-Massillon, OH Project Management Specialists Salary | $89,660↓ 14% | 20 mi |
| Cleveland, OH Project Management Specialists Salary | $101,160↓ 3% | 29 mi |
| Youngstown-Warren, OH Project Management Specialists Salary | $86,720↓ 17% | 46 mi |
| Mansfield, OH Project Management Specialists Salary | $83,800↓ 20% | 57 mi |
| Sandusky, OH Project Management Specialists Salary | $96,630↓ 7% | 66 mi |
Comparing salaries near Akron, OH
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Frequently Asked Questions
How much does a Project Management Specialists make in Akron, OH?
The median annual salary for a Project Management Specialists in Akron, OH is $104,320. This typically ranges from $57,550 for entry-level positions to $158,280 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Akron, OH is 4.2% lower than the national median of $108,900.
Is Akron, OH a lucrative place for Project Management Specialists?
Yes, Akron, OH offers a lucrative environment for Project Management Specialists.The average salary of $104,320 is competitive, and with a Cost of Living Index of 100, your earnings hold strong national purchasing power.
Is Akron, OH a good place to live for Project Management Specialists?
The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Akron, OH?
Some top paying nearby cities include Canton-Massillon, OH ($89,660) and Cleveland, OH.
How does Akron's Project Management Specialist salary compare to the national average?
The average salary for Project Management Specialists in Akron, OH is $104,320, which is slightly below the national average of $108,900.
What is the Cost of Living in Akron, OH relative to the national average?
Akron, OH has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable nationwide.
How concentrated is the Project Management Specialist job market in Akron, OH?
The Location Quotient for Project Management Specialists in Akron is 0.95, meaning the concentration of these jobs is very close to the national average, suggesting a balanced market.
What does the number of Project Management Specialists in Akron suggest about the job market?
With 1,990 Project Management Specialists locally, Akron supports a substantial workforce in this field, indicating consistent demand and opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,990 employees in the Akron, OH area with a job density of 6.222 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Akron, OH