Average Project Management Specialists Salary in Baltimore-Columbia-Towson, MD
Project Management Specialists in the Baltimore-Columbia-Towson, MD area earn an impressive average annual salary of $109,010. This figure slightly surpasses the national average of $108,900, indicating a strong demand and potentially higher compensation expectations within this metropolitan region. Local economic factors and industry concentration likely contribute to this favorable pay scale.
Executive Summary
- Average Salary: $109,010 per year.
- Growth Trend: Salaries have shifted 13.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,860.
- Outlook: The Baltimore-Columbia-Towson, MD area boasts a robust job market for Project Management Specialists, evidenced by a substantial local workforce of 16,220 individuals. The Location Quotient of 1.85 signifies a significant concentration of these roles compared to the national average, suggesting a healthy and active demand for project management expertise within the region.
Salary Overview
The average Project Management Specialists in Baltimore-Columbia-Towson, MD earns+0.1%above the national average.
$52.4
$2,096
$9,084
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Project Management Specialist salaries in the Baltimore-Columbia-Towson, MD area have experienced steady growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing project complexity, evolving methodologies, and a consistent demand for skilled professionals to oversee critical initiatives.
Project Management Specialists Salary Distribution in Baltimore-Columbia-Towson, MD
Salary progression for Project Management Specialists in Baltimore-Columbia-Towson, MD is strongly tied to experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive track records and specialized skills command salaries in the upper percentiles. The widening gap between entry-level and senior roles clearly signifies substantial career advancement opportunities and corresponding compensation increases.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,950 | $30.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,758 | $39.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,750 | $49.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,263 | $65.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,860 | $78.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$109,010
Gross Pay
Real Wage (Purchasing Power)
$109,010
Adjusted for COL (100)
With an average annual salary of $109,010 and a Cost of Living Index precisely at the national average of 100, Project Management Specialists in Baltimore-Columbia-Towson, MD can expect their earnings to align closely with national spending patterns. This means the nominal salary offers a purchasing power equivalent to the national average, providing a stable financial foundation within the local economy.
Job Market Context
16,220
Total Jobs
12.094
Per 1K Jobs
1.85
Location Quotient
Baltimore-Columbia-Towson, MD has 1.9x the national concentration of Project Management Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.85 for Project Management Specialists in Baltimore-Columbia-Towson, MD indicates a market with nearly double the national concentration of these roles. This suggests a highly competitive yet abundant job market, where employers actively seek specialized talent, and professionals have ample opportunities to find positions that match their skill sets and career aspirations.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Project Management Specialists Salary | $92,160↓ 15% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Project Management Specialists Salary | $126,690↑ 16% | 35 mi |
| York-Hanover, PA Project Management Specialists Salary | $108,820↓ 0% | 47 mi |
| Gettysburg, PA Project Management Specialists Salary | $87,680↓ 20% | 50 mi |
| Lancaster, PA Project Management Specialists Salary | $95,080↓ 13% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
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Frequently Asked Questions
How much does a Project Management Specialists make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Project Management Specialists in Baltimore-Columbia-Towson, MD is $109,010. This typically ranges from $62,950 for entry-level positions to $162,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 0.1% higher than the national median of $108,900.
Is Baltimore-Columbia-Towson, MD a lucrative place for Project Management Specialists?
Yes, it is a lucrative area for Project Management Specialists.The average salary of $109,010 is slightly above the national average, and the high concentration of roles (LQ 1.85) indicates strong demand and competitive compensation.
Is Baltimore-Columbia-Towson, MD a good place to live for Project Management Specialists?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($92,160) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Baltimore-Columbia-Towson, MD salary compare to the national average?
The average annual salary for Project Management Specialists in Baltimore-Columbia-Towson, MD is $109,010, which is slightly higher than the national average of $108,900.
What is the job concentration for Project Management Specialists in this area?
The job concentration, measured by the Location Quotient, is 1.85, meaning there are significantly more Project Management Specialist roles per worker in Baltimore-Columbia-Towson, MD than the national average.
How does the Cost of Living affect the salary in Baltimore-Columbia-Towson, MD?
The Cost of Living Index is 100, which is the national average. Therefore, the $109,010 salary in Baltimore-Columbia-Towson, MD offers purchasing power equivalent to the national average.
What does the total local workforce size suggest about job availability?
With a total local workforce of 16,220 Project Management Specialists, the market is substantial, indicating a good number of available positions and a significant pool of talent.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 16,220 employees in the Baltimore-Columbia-Towson, MD area with a job density of 12.094 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 Baltimore-Columbia-Towson, MD