Average Project Management Specialists Salary in Bridgeport-Stamford-Danbury, CT
Project Management Specialists in the Bridgeport-Stamford-Danbury, CT area command an impressive average annual salary of $116,850, surpassing the national average of $108,900. This elevated compensation is often driven by the region's dynamic economic landscape and the specialized skill set required for effective project leadership within its key industries.
Executive Summary
- Average Salary: $116,850 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,710.
- Outlook: With a local workforce of 2,090 Project Management Specialists, the Bridgeport-Stamford-Danbury area demonstrates a significant concentration of talent. The Location Quotient of 0.8 suggests a slightly lower concentration compared to the national average, indicating a stable yet potentially growing demand for these professionals within the region's specific economic ecosystem.
Salary Overview
The average Project Management Specialists in Bridgeport-Stamford-Danbury, CT earns+7.3%above the national average.
$56.2
$2,247
$9,738
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that roles like Project Management Specialists have seen consistent salary growth over the past four years, driven by increasing project complexity and the demand for skilled oversight. This trend is likely reflected in the Bridgeport-Stamford-Danbury area, where economic development often correlates with rising compensation for specialized roles.
Project Management Specialists Salary Distribution in Bridgeport-Stamford-Danbury, CT
Career progression for Project Management Specialists typically involves a substantial salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, with their greater responsibilities and strategic input, command salaries in the upper percentiles. The widening gap between entry-level and senior salaries underscores the significant value placed on accumulated expertise and leadership capabilities in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,210 | $32.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,638 | $42.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $105,550 | $50.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $146,063 | $70.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $174,710 | $84 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$116,850
Gross Pay
Real Wage (Purchasing Power)
$116,850
Adjusted for COL (100)
The average annual salary of $116,850 in Bridgeport-Stamford-Danbury, CT, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Project Management Specialist's salary in this region is equivalent to the national average, offering a stable financial standing without the immediate pressure of higher or lower living expenses.
Job Market Context
2,090
Total Jobs
5.201
Per 1K Jobs
0.8
Location Quotient
Bridgeport-Stamford-Danbury, CT has 0.80x 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 0.8 for Project Management Specialists in Bridgeport-Stamford-Danbury, CT, indicates that the profession is slightly less concentrated here than the national average. This suggests a healthy job market where demand is present, but perhaps not oversaturated, offering good opportunities for skilled professionals without intense competition from a disproportionately large pool of local talent.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT Project Management Specialists Salary | $107,610↓ 8% | 16 mi |
| Waterbury-Shelton, CT Project Management Specialists Salary | $106,900↓ 9% | 27 mi |
| Connecticut nonmetropolitan area Project Management Specialists Salary | $109,360↓ 6% | 36 mi |
| Hartford-West Hartford-East Hartford, CT Project Management Specialists Salary | $110,480↓ 5% | 48 mi |
| Kiryas Joel-Poughkeepsie-Newburgh, NY Project Management Specialists Salary | $108,940↓ 7% | 51 mi |
Comparing salaries near Bridgeport-Stamford-Danbury, CT
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Bridgeport-Stamford-Danbury, CT?
The median annual salary for a Project Management Specialists in Bridgeport-Stamford-Danbury, CT is $116,850. This typically ranges from $68,210 for entry-level positions to $174,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bridgeport-Stamford-Danbury, CT is 7.3% higher than the national median of $108,900.
Is Bridgeport-Stamford-Danbury, CT a lucrative place for Project Management Specialists?
Yes, it is a lucrative place for Project Management Specialists.The average salary of $116,850 significantly exceeds the national average, and the cost of living is on par with the national index, indicating strong earning potential.
Is Bridgeport-Stamford-Danbury, CT a good place to live for Project Management Specialists?
The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?
Some top paying nearby cities include New Haven, CT ($107,610) and Waterbury-Shelton, CT.
How does the Bridgeport-Stamford-Danbury salary compare to the national average?
Project Management Specialists in Bridgeport-Stamford-Danbury earn an average of $116,850 annually, which is higher than the national average of $108,900.
What is the cost of living in Bridgeport-Stamford-Danbury, CT for Project Management Specialists?
The cost of living in Bridgeport-Stamford-Danbury, CT is exactly at the national average, with an index of 100, meaning your salary's purchasing power is equivalent to the national average.
How many Project Management Specialists work in the Bridgeport-Stamford-Danbury area?
There are approximately 2,090 Project Management Specialists employed in the Bridgeport-Stamford-Danbury, CT region.
Is the job market for Project Management Specialists saturated in Bridgeport-Stamford-Danbury, CT?
With a Location Quotient of 0.8, the market is slightly less concentrated than the national average, suggesting a balanced job market with good opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,090 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 5.201 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 Bridgeport-Stamford-Danbury, CT