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Average Project Management Specialists Salary in Blacksburg-Christiansburg-Radford, VA

Project Management Specialists in the Blacksburg-Christiansburg-Radford, VA area earn an average annual salary of $98,540. This figure is notably below the national average of $108,900, suggesting that local market dynamics and potentially a lower demand for specialized project management roles influence compensation in this region. Factors such as industry concentration and the overall economic landscape of the area play a significant role in this salary differential.

Executive Summary

  • Average Salary: $98,540 per year.
  • Growth Trend: Salaries have shifted 14.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $145,840.
  • Outlook: The job market for Project Management Specialists in Blacksburg-Christiansburg-Radford, VA, shows a moderate level of activity. With a local workforce of 430 professionals in this field and a Location Quotient of 0.89, the concentration of these roles is slightly below the national average. While not a major hub for project management, the presence of 5.805 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these skills within the local economy.
2024 Market Data

Salary Overview

$98,540

The average Project Management Specialists in Blacksburg-Christiansburg-Radford, VA earns-9.5%below the national average.

BreakdownBased on 40h/week
Hourly

$47.4

Weekly

$1,895

Monthly

$8,212

Project Management Specialists Salary Distribution in Blacksburg-Christiansburg-Radford, VA

Salary progression for Project Management Specialists in Blacksburg-Christiansburg-Radford, VA, is strongly tied to experience and demonstrated expertise. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record of successful project delivery can expect significantly higher compensation. The percentile gaps between junior and senior roles reflect the increasing value placed on strategic oversight, leadership capabilities, and specialized knowledge as a Project Management Specialist advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,480$28.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$73,905$35.5
ManagerOversees team, compliance, and project delivery.50% (Median)$87,250$41.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$123,175$59.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$145,840$70.1

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$98,540

Gross Pay

Real Wage (Purchasing Power)

$98,540

Adjusted for COL (100)

For Project Management Specialists considering a move to Blacksburg-Christiansburg-Radford, VA, the nominal salary of $98,540 aligns perfectly with the local cost of living, which is at the national average of 100. This means that the purchasing power of the average salary is equivalent to the national standard, offering a balanced financial outlook for professionals relocating to the area. While the salary is below the national average, the stable cost of living ensures that the take-home pay maintains its value.

Job Market Context

430

Total Jobs

5.805

Per 1K Jobs

0.89

Location Quotient

Below Average

Blacksburg-Christiansburg-Radford, VA has 0.89x 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.

The Location Quotient of 0.89 for Project Management Specialists in Blacksburg-Christiansburg-Radford, VA, indicates a job market that is slightly less concentrated than the national average. This suggests that while there is a consistent need for these professionals, the market is not saturated, and opportunities may require a more targeted search. The slightly lower concentration implies that employers might value specialized skills and experience more highly in this region.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Roanoke, VA Project Management Specialists Salary$90,870↓ 8%26 mi
Beckley, WV Project Management Specialists Salary$76,910↓ 22%57 mi
Lynchburg, VA Project Management Specialists Salary$102,070↑ 4%69 mi
Winston-Salem, NC Project Management Specialists Salary$87,980↓ 11%79 mi
Greensboro-High Point, NC Project Management Specialists Salary$98,600↑ 0%85 mi

Comparing salaries near Blacksburg-Christiansburg-Radford, VA

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Blacksburg-Christiansburg-Radford, VA?

The median annual salary for a Project Management Specialists in Blacksburg-Christiansburg-Radford, VA is $98,540. This typically ranges from $59,480 for entry-level positions to $145,840 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Blacksburg-Christiansburg-Radford, VA is 9.5% lower than the national median of $108,900.

Is Blacksburg-Christiansburg-Radford, VA a lucrative place for Project Management Specialists?

No, not exceptionally lucrative compared to national averages.The average salary of $98,540 is below the national average of $108,900, although the cost of living is on par with the national average.

Is Blacksburg-Christiansburg-Radford, VA a good place to live for Project Management Specialists?

The Cost of Living Index in Blacksburg-Christiansburg-Radford, VA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Blacksburg-Christiansburg-Radford, VA?

Some top paying nearby cities include Roanoke, VA ($90,870) and Beckley, WV.

How does the local workforce size affect Project Management Specialist jobs?

A local workforce of 430 Project Management Specialists suggests a stable, though not massive, demand for these roles within the Blacksburg-Christiansburg-Radford, VA area.

What does a Location Quotient of 0.89 mean for Project Management Specialists?

A Location Quotient of 0.89 indicates that Project Management Specialists are slightly less concentrated in Blacksburg-Christiansburg-Radford, VA, compared to the national average, suggesting a moderately competitive job market.

How does the Cost of Living Index impact the Project Management Specialist salary?

With a Cost of Living Index of 100, the national average, the $98,540 salary in Blacksburg-Christiansburg-Radford, VA, offers purchasing power equivalent to the national standard.

Are there many Project Management Specialist jobs per capita in this area?

With 5.805 jobs per 1,000 workers, Blacksburg-Christiansburg-Radford, VA, offers a moderate number of Project Management Specialist opportunities relative to its population.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Blacksburg-Christiansburg-Radford, VA area with a job density of 5.805 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Blacksburg-Christiansburg-Radford, VA

Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Blacksburg-Christiansburg-Radford, VA