Average Project Management Specialists Salary in Charlotte-Concord-Gastonia, NC-SC
Project Management Specialists in the Charlotte-Concord-Gastonia, NC-SC metropolitan area earn an impressive average annual salary of $109,090. This figure slightly surpasses the national average of $108,900, indicating a strong demand and potentially higher compensation expectations within this specific region. The local economic landscape and industry concentration likely contribute to this competitive pay.
Executive Summary
- Average Salary: $109,090 per year.
- Growth Trend: Salaries have shifted 8.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,870.
- Outlook: With a total local workforce of 10,080 Project Management Specialists, the Charlotte-Concord-Gastonia area demonstrates a substantial presence in this field. The Location Quotient of 1.15 suggests that this profession is more concentrated here than the national average, implying a robust job market with a consistent demand for these skilled professionals.
Salary Overview
The average Project Management Specialists in Charlotte-Concord-Gastonia, NC-SC earns+0.2%above the national average.
$52.5
$2,098
$9,091
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this exact period isn't provided, it's reasonable to assume that salaries for Project Management Specialists in Charlotte-Concord-Gastonia have experienced a steady upward trend over the past four years, mirroring national patterns of salary growth driven by inflation, increased demand, and evolving skill requirements.
Project Management Specialists Salary Distribution in Charlotte-Concord-Gastonia, NC-SC
Salary progression for Project Management Specialists in Charlotte-Concord-Gastonia typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive project portfolios and leadership experience can command salaries in the higher percentiles, reflecting the value of their expertise and proven track record.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,410 | $30 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,818 | $39.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,790 | $49.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,363 | $65.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,870 | $79.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$109,090
Gross Pay
Real Wage (Purchasing Power)
$109,090
Adjusted for COL (100)
The nominal average salary of $109,090 in Charlotte-Concord-Gastonia aligns perfectly with the national average 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, offering a stable financial standing without significant gains or losses in real terms compared to other major US metros.
Job Market Context
10,080
Total Jobs
7.52
Per 1K Jobs
1.15
Location Quotient
With a location quotient of 1.15, Charlotte-Concord-Gastonia, NC-SC has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
A Location Quotient of 1.15 indicates that Project Management Specialists are 15% more concentrated in Charlotte-Concord-Gastonia than the national average. This suggests a healthy and active job market where opportunities may be more abundant relative to the general workforce, potentially leading to competitive hiring environments and a good selection of roles for qualified candidates.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Hickory-Lenoir-Morganton, NC Project Management Specialists Salary | $101,820↓ 7% | 45 mi |
| Spartanburg, SC Project Management Specialists Salary | $100,800↓ 8% | 64 mi |
| Eastern North Carolina nonmetropolitan area Project Management Specialists Salary | $90,420↓ 17% | 65 mi |
| Western North Carolina nonmetropolitan area Project Management Specialists Salary | $85,450↓ 22% | 65 mi |
| Central North Carolina nonmetropolitan area Project Management Specialists Salary | $89,020↓ 18% | 65 mi |
Comparing salaries near Charlotte-Concord-Gastonia, NC-SC
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Charlotte-Concord-Gastonia, NC-SC?
The median annual salary for a Project Management Specialists in Charlotte-Concord-Gastonia, NC-SC is $109,090. This typically ranges from $62,410 for entry-level positions to $164,870 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlotte-Concord-Gastonia, NC-SC is 0.2% higher than the national median of $108,900.
Is Charlotte-Concord-Gastonia, NC-SC a lucrative place for Project Management Specialists?
Yes, it is a lucrative place for Project Management Specialists.The average salary of $109,090 is slightly above the national average, and the cost of living is exactly at the national average, indicating strong earning potential.
Is Charlotte-Concord-Gastonia, NC-SC a good place to live for Project Management Specialists?
The Cost of Living Index in Charlotte-Concord-Gastonia, NC-SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlotte-Concord-Gastonia, NC-SC?
Some top paying nearby cities include Hickory-Lenoir-Morganton, NC ($101,820) and Spartanburg, SC.
How does the number of Project Management Specialists in Charlotte compare to the national average?
With 7.52 jobs per 1,000 workers, the concentration of Project Management Specialists in Charlotte-Concord-Gastonia is higher than the national average, as indicated by the Location Quotient of 1.15.
What is the significance of the Location Quotient for Project Management Specialists in this area?
A Location Quotient of 1.15 signifies that Project Management Specialists are more prevalent in Charlotte-Concord-Gastonia than in the average U.S. location, suggesting a specialized demand and a potentially competitive job market.
Does the cost of living affect the perceived value of a Project Management Specialist's salary in Charlotte?
No, the cost of living in Charlotte-Concord-Gastonia is precisely at the national average (100), meaning the $109,090 salary offers purchasing power equivalent to the national average.
How many Project Management Specialists are employed in the Charlotte-Concord-Gastonia area?
The total local workforce for Project Management Specialists in Charlotte-Concord-Gastonia is approximately 10,080 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,080 employees in the Charlotte-Concord-Gastonia, NC-SC area with a job density of 7.52 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 Charlotte-Concord-Gastonia, NC-SC