Average Project Management Specialists Salary in Champaign-Urbana, IL
Project Management Specialists in Champaign-Urbana, IL, earn an average annual salary of $88,570. This figure is notably below the national average of $108,900, suggesting that local market dynamics and potentially a different industry focus influence compensation in this region. While the nominal salary may seem lower, understanding the local economic landscape is crucial for a complete picture.
Executive Summary
- Average Salary: $88,570 per year.
- Growth Trend: Salaries have shifted 8.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $120,430.
- Outlook: With a total local workforce of 290 Project Management Specialists, the market in Champaign-Urbana is relatively niche. The Location Quotient of 0.42 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, they are not as abundant as in larger metropolitan areas. The rate of 2.736 jobs per 1,000 workers further underscores this specialized demand.
Salary Overview
The average Project Management Specialists in Champaign-Urbana, IL earns-18.7%below the national average.
$42.6
$1,703
$7,381
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Champaign-Urbana is not provided, it is reasonable to assume that salaries for Project Management Specialists have experienced gradual growth over the past four years, mirroring national trends. Economic recovery, increased project complexity, and a growing need for skilled project managers likely contribute to upward pressure on wages, even in smaller markets.
Project Management Specialists Salary Distribution in Champaign-Urbana, IL
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions often start in 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 reflects the increasing value placed on strategic oversight, risk management, and leadership capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,060 | $25.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,428 | $31.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,620 | $39.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,713 | $53.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $120,430 | $57.9 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$88,570
Gross Pay
Real Wage (Purchasing Power)
$88,570
Adjusted for COL (100)
The average annual salary of $88,570 in Champaign-Urbana aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Project Management Specialist's salary in this area is equivalent to the national average. While the nominal salary is lower than the national average, the cost of living parity suggests that the take-home pay effectively covers expenses at a comparable level to other regions.
Job Market Context
290
Total Jobs
2.736
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Champaign-Urbana, IL has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.42 signifies that Project Management Specialist roles are less concentrated in Champaign-Urbana compared to the national landscape. This suggests a less saturated job market, which could present unique opportunities for skilled professionals. However, it also implies that the demand might be more specific, potentially tied to particular industries prevalent in the Champaign-Urbana area.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Project Management Specialists Salary | $109,340↑ 23% | 39 mi |
| West Central Illinois nonmetropolitan area Project Management Specialists Salary | $93,380↑ 5% | 41 mi |
| East Central Illinois nonmetropolitan area Project Management Specialists Salary | $84,570↓ 5% | 41 mi |
| Northwest Illinois nonmetropolitan area Project Management Specialists Salary | $99,040↑ 12% | 41 mi |
| South Illinois nonmetropolitan area Project Management Specialists Salary | $88,340↓ 0% | 41 mi |
Comparing salaries near Champaign-Urbana, IL
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Frequently Asked Questions
How much does a Project Management Specialists make in Champaign-Urbana, IL?
The median annual salary for a Project Management Specialists in Champaign-Urbana, IL is $88,570. This typically ranges from $53,060 for entry-level positions to $120,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Champaign-Urbana, IL is 18.7% lower than the national median of $108,900.
Is Champaign-Urbana, IL a lucrative place for Project Management Specialists?
No, not in terms of nominal salary compared to the national average.The average salary of $88,570 is significantly lower than the national average of $108,900. However, the cost of living is also at the national average, meaning purchasing power is comparable.
Is Champaign-Urbana, IL a good place to live for Project Management Specialists?
The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Champaign-Urbana, IL?
Some top paying nearby cities include Decatur, IL ($109,340) and West Central Illinois nonmetropolitan area.
How does the number of Project Management Specialists in Champaign-Urbana compare to the national average?
Champaign-Urbana has a total of 290 Project Management Specialists, and its Location Quotient of 0.42 indicates a lower concentration of these professionals compared to the national average.
What is the job availability like for Project Management Specialists in Champaign-Urbana?
With 2.736 jobs per 1,000 workers, the availability of Project Management Specialist roles in Champaign-Urbana is moderate, reflecting a specialized demand rather than widespread abundance.
Does experience significantly impact a Project Management Specialist's salary in Champaign-Urbana?
Yes, experience is a key driver of salary increases, with senior roles commanding higher compensation than entry-level positions, reflecting a typical career progression.
How does the cost of living affect the value of a Project Management Specialist's salary in Champaign-Urbana?
The local cost of living index is 100, matching the national average, which means the $88,570 salary offers equivalent purchasing power to the national average salary, despite being nominally lower.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Champaign-Urbana, IL area with a job density of 2.736 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 Champaign-Urbana, IL