Average Project Management Specialists Salary in Bloomington, IN
Project Management Specialists in Bloomington, IN, earn an average annual salary of $107,660. This figure is slightly below the national average of $108,900, indicating a localized market dynamic that influences compensation. Factors such as the specific industry mix and demand within the Bloomington area contribute to this pay scale.
Executive Summary
- Average Salary: $107,660 per year.
- Growth Trend: Salaries have shifted 18.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,070.
- Outlook: With a total local workforce of 360 Project Management Specialists, Bloomington presents a moderately sized, yet stable, job market. The Location Quotient of 0.75 suggests that while the concentration of these roles is slightly below the national average, there is a consistent presence and demand for skilled professionals in this field within the region.
Salary Overview
The average Project Management Specialists in Bloomington, IN earns-1.1%below the national average.
$51.8
$2,070
$8,972
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Bloomington is not provided, it is generally assumed that salaries for Project Management Specialists have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, evolving methodologies, and the continuous demand for effective project leadership across various industries.
Project Management Specialists Salary Distribution in Bloomington, IN
The salary landscape for Project Management Specialists in Bloomington, as in most markets, demonstrates a clear progression with experience. Entry-level positions typically command salaries at the lower percentiles, while senior specialists with extensive experience and a proven track record can expect compensation in the higher percentiles, reflecting their increased value and strategic contribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,330 | $25.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,745 | $38.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,060 | $39 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $134,575 | $64.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,070 | $78.9 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$107,660
Gross Pay
Real Wage (Purchasing Power)
$107,660
Adjusted for COL (100)
The average annual salary of $107,660 in Bloomington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Project Management Specialist's salary in Bloomington is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
360
Total Jobs
4.903
Per 1K Jobs
0.75
Location Quotient
Bloomington, IN has 0.75x 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 0.75 for Project Management Specialists in Bloomington indicates that the concentration of these roles is 25% lower than the national average. This suggests that while the profession is present and valued, the market is not as saturated as in some other regions, potentially offering good opportunities for skilled professionals seeking employment.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Columbus, IN Project Management Specialists Salary | $102,930↓ 4% | 33 mi |
| Indianapolis-Carmel-Greenwood, IN Project Management Specialists Salary | $97,480↓ 9% | 47 mi |
| Northern Indiana nonmetropolitan area Project Management Specialists Salary | $90,160↓ 16% | 49 mi |
| Southern Indiana nonmetropolitan area Project Management Specialists Salary | $88,800↓ 18% | 49 mi |
| Central Indiana nonmetropolitan area Project Management Specialists Salary | $94,470↓ 12% | 49 mi |
Comparing salaries near Bloomington, IN
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Frequently Asked Questions
How much does a Project Management Specialists make in Bloomington, IN?
The median annual salary for a Project Management Specialists in Bloomington, IN is $107,660. This typically ranges from $52,330 for entry-level positions to $164,070 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IN is 1.1% lower than the national median of $108,900.
Is Bloomington, IN a lucrative place for Project Management Specialists?
Yes, Bloomington offers a competitive salary for Project Management Specialists.The average salary of $107,660 is very close to the national average, and with a cost of living index matching the national average, the purchasing power remains strong.
Is Bloomington, IN a good place to live for Project Management Specialists?
The Cost of Living Index in Bloomington, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IN?
Some top paying nearby cities include Columbus, IN ($102,930) and Indianapolis-Carmel-Greenwood, IN.
How does the Bloomington Project Management job market compare nationally?
Bloomington's job market for Project Management Specialists has a slightly lower concentration than the national average, with a Location Quotient of 0.75, suggesting a less saturated but still active market.
What is the average salary for a Project Management Specialist in Bloomington, IN?
The average annual salary for a Project Management Specialist in Bloomington, IN, is $107,660.
How does the cost of living in Bloomington affect salary perception?
With a Cost of Living Index of 100, Bloomington's cost of living is exactly at the national average, meaning the $107,660 salary offers a purchasing power equivalent to the national median.
What is the total number of Project Management Specialists in Bloomington?
There are approximately 360 Project Management Specialists employed in the Bloomington, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Bloomington, IN area with a job density of 4.903 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 Bloomington, IN