Average Project Management Specialists Salary in Cedar Rapids, IA
Project Management Specialists in Cedar Rapids, IA, earn an average annual salary of $94,400. This figure is notably below the national average of $108,900, reflecting localized market dynamics and potentially a different demand-supply equilibrium within the Iowa region. While the cost of living is on par with the national average, the salary differential suggests specific economic factors at play in Cedar Rapids.
Executive Summary
- Average Salary: $94,400 per year.
- Growth Trend: Salaries have shifted 6.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,970.
- Outlook: With a local workforce of 820 Project Management Specialists and a Location Quotient of 0.9, Cedar Rapids presents a market that is slightly less concentrated than the national average. This indicates a stable, though not exceptionally high, demand for these professionals within the city. The presence of nearly 6 jobs per 1,000 workers suggests a consistent need for project management expertise, supporting a steady job market for specialists in the area.
Salary Overview
The average Project Management Specialists in Cedar Rapids, IA earns-13.3%below the national average.
$45.4
$1,815
$7,867
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists in Cedar Rapids have experienced incremental growth over the past four years, mirroring broader economic trends and the increasing importance of structured project execution across industries. This growth is likely driven by inflation, increased demand for skilled project managers, and the overall economic development within Iowa.
Project Management Specialists Salary Distribution in Cedar Rapids, IA
Salary progression for Project Management Specialists in Cedar Rapids typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive track records and specialized certifications can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the value placed on accumulated expertise and leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,930 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,800 | $34 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,410 | $40.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,000 | $56.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,970 | $63.4 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$94,400
Gross Pay
Real Wage (Purchasing Power)
$94,400
Adjusted for COL (100)
The nominal salary of $94,400 in Cedar Rapids, IA, is well-supported by the local Cost of Living Index, which stands at 100, precisely matching the national average. This means that the purchasing power of a Project Management Specialist's salary in Cedar Rapids is equivalent to that of someone earning the national average salary in a location with a cost of living of 100. Therefore, the salary offers a comparable standard of living to the national benchmark.
Job Market Context
820
Total Jobs
5.875
Per 1K Jobs
0.9
Location Quotient
Cedar Rapids, IA has 0.90x 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 0.9 for Project Management Specialists in Cedar Rapids indicates that the concentration of these roles is slightly below the national average. This suggests that while the profession is present and necessary, it is not as dominant a sector compared to other industries or professions when viewed on a national scale. The market is neither oversaturated nor exceptionally scarce, presenting a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Project Management Specialists Salary | $98,110↑ 4% | 23 mi |
| Waterloo-Cedar Falls, IA Project Management Specialists Salary | $88,310↓ 6% | 50 mi |
| Dubuque, IA Project Management Specialists Salary | $102,150↑ 8% | 62 mi |
| Davenport-Moline-Rock Island, IA-IL Project Management Specialists Salary | $103,150↑ 9% | 62 mi |
| Southeast Iowa nonmetropolitan area Project Management Specialists Salary | $94,110↓ 0% | 79 mi |
Comparing salaries near Cedar Rapids, IA
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Frequently Asked Questions
How much does a Project Management Specialists make in Cedar Rapids, IA?
The median annual salary for a Project Management Specialists in Cedar Rapids, IA is $94,400. This typically ranges from $59,930 for entry-level positions to $131,970 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cedar Rapids, IA is 13.3% lower than the national median of $108,900.
Is Cedar Rapids, IA a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to the national average.While the average salary of $94,400 is substantial, it falls below the national average of $108,900. However, the cost of living being at the national average ensures the salary's purchasing power is comparable.
Is Cedar Rapids, IA a good place to live for Project Management Specialists?
The Cost of Living Index in Cedar Rapids, IA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cedar Rapids, IA?
Some top paying nearby cities include Iowa City, IA ($98,110) and Waterloo-Cedar Falls, IA.
How does the Cedar Rapids salary compare to the national average?
The average salary for Project Management Specialists in Cedar Rapids, IA, is $94,400, which is approximately 13.3% lower than the national average of $108,900.
What is the Cost of Living in Cedar Rapids, IA?
Cedar Rapids, IA, has a Cost of Living Index of 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the United States.
How concentrated is the Project Management Specialist job market in Cedar Rapids?
The market concentration, measured by the Location Quotient of 0.9, is slightly below the national average, suggesting a stable but not overly dense presence of these roles within the local workforce.
What is the total number of Project Management Specialists in Cedar Rapids?
There are approximately 820 Project Management Specialists employed in Cedar Rapids, IA, contributing to the local economy and project execution landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Cedar Rapids, IA area with a job density of 5.875 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 Cedar Rapids, IA