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Average Project Management Specialists Salary in Buffalo-Cheektowaga, NY

Project Management Specialists in Buffalo-Cheektowaga, NY, earn an average annual salary of $103,580. This figure is slightly below the national average of $108,900, suggesting a localized compensation structure influenced by regional economic factors and demand within the Western New York area. While not reaching the national benchmark, this salary reflects the specialized skills required for project management within the local industry landscape.

Executive Summary

  • Average Salary: $103,580 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $149,100.
  • Outlook: The Buffalo-Cheektowaga, NY, market for Project Management Specialists is moderately sized, with a total local workforce of 2,920 individuals in this role. The Location Quotient of 0.84 indicates a slightly lower concentration of these specialists compared to the national average. This suggests a stable, albeit not exceptionally dense, demand for project management expertise within the region, with 5.484 jobs per 1,000 workers.
2024 Market Data

Salary Overview

$103,580

The average Project Management Specialists in Buffalo-Cheektowaga, NY earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$49.8

Weekly

$1,992

Monthly

$8,632

Project Management Specialists Salary Distribution in Buffalo-Cheektowaga, NY

Salary progression for Project Management Specialists in Buffalo-Cheektowaga, NY, typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior specialists with extensive track records and leadership capabilities can command salaries well above the $103,580 average. The percentile gaps between junior and senior roles highlight the substantial career advancement and earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,890$29.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$77,685$37.3
ManagerOversees team, compliance, and project delivery.50% (Median)$100,550$48.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$129,475$62.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$149,100$71.7

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$103,580

Gross Pay

Real Wage (Purchasing Power)

$103,580

Adjusted for COL (100)

The average annual salary of $103,580 for Project Management Specialists in Buffalo-Cheektowaga, NY, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national standard, offering a stable financial footing for residents without the added pressure of a higher cost of living impacting their disposable income.

Job Market Context

2,920

Total Jobs

5.484

Per 1K Jobs

0.84

Location Quotient

Below Average

Buffalo-Cheektowaga, NY has 0.84x 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.

With a Location Quotient of 0.84, the Buffalo-Cheektowaga, NY, market for Project Management Specialists is slightly less concentrated than the national average. This suggests that while the profession is established, there isn't an overabundance of specialists, potentially leading to competitive opportunities for qualified individuals. The market is neither saturated nor exceptionally scarce, presenting a balanced environment for both employers seeking talent and professionals looking for roles.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Buffalo-Cheektowaga, NY

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Buffalo-Cheektowaga, NY?

The median annual salary for a Project Management Specialists in Buffalo-Cheektowaga, NY is $103,580. This typically ranges from $61,890 for entry-level positions to $149,100 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Buffalo-Cheektowaga, NY is 4.9% lower than the national median of $108,900.

Is Buffalo-Cheektowaga, NY a lucrative place for Project Management Specialists?

Yes, it offers competitive compensation relative to its cost of living.Project Management Specialists in Buffalo-Cheektowaga earn $103,580 annually, which aligns with the national average cost of living. This makes the salary quite competitive for the region.

Is Buffalo-Cheektowaga, NY a good place to live for Project Management Specialists?

The Cost of Living Index in Buffalo-Cheektowaga, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Buffalo-Cheektowaga, NY?

Some top paying nearby cities include Rochester, NY ($104,030) and Erie, PA.

How does the Buffalo-Cheektowaga salary compare to the national average?

The average salary of $103,580 in Buffalo-Cheektowaga is slightly lower than the national average of $108,900 for Project Management Specialists.

Is there high demand for Project Management Specialists in Buffalo-Cheektowaga?

The demand is moderate, indicated by a Location Quotient of 0.84 and 5.484 jobs per 1,000 workers, suggesting a stable but not exceptionally high concentration of these roles.

What is the impact of the Cost of Living Index on salaries in Buffalo-Cheektowaga?

With a Cost of Living Index of 100 (national average), the $103,580 salary offers purchasing power equivalent to the national standard, making it financially stable.

How does experience affect Project Management Specialist salaries in this area?

Experience significantly impacts earning potential, with senior-level specialists commanding higher salaries than entry-level professionals, reflecting a clear career progression path.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,920 employees in the Buffalo-Cheektowaga, NY area with a job density of 5.484 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.