Average Project Management Specialists Salary in Charlottesville, VA
Project Management Specialists in Charlottesville, VA, earn an average annual salary of $103,390. This figure is slightly below the national average of $108,900, suggesting that while demand exists, local economic factors and industry concentration may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $103,390 per year.
- Growth Trend: Salaries have shifted 3.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $158,120.
- Outlook: With a local workforce of 920 Project Management Specialists, Charlottesville presents a stable, albeit not overwhelmingly large, job market for these professionals. The location quotient of 1.25 indicates a slightly higher concentration of these roles than the national average, suggesting a consistent demand that supports the existing workforce size.
Salary Overview
The average Project Management Specialists in Charlottesville, VA earns-5.1%below the national average.
$49.7
$1,988
$8,616
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Project Management Specialists in Charlottesville have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, the demand for skilled management, and inflation, ensuring that compensation remains competitive within the local economy.
Project Management Specialists Salary Distribution in Charlottesville, VA
Salary progression for Project Management Specialists in Charlottesville is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive project portfolios and leadership experience can expect to earn considerably more. The percentile gaps in salary distribution clearly signify the career advancement opportunities and the financial rewards associated with accumulating expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,670 | $29.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $77,543 | $37.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,930 | $46.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $129,238 | $62.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $158,120 | $76 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$103,390
Gross Pay
Real Wage (Purchasing Power)
$103,390
Adjusted for COL (100)
The average annual salary of $103,390 in Charlottesville aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Project Management Specialist's salary in Charlottesville is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
920
Total Jobs
8.155
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Charlottesville, VA has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
A Location Quotient of 1.25 for Project Management Specialists in Charlottesville signifies a job market that is 25% more concentrated than the national average. This suggests a healthy and potentially competitive environment where these roles are more prevalent relative to the overall workforce, indicating a solid demand for project management expertise within the region.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Southside Virginia nonmetropolitan area Project Management Specialists Salary | $93,350↓ 10% | 25 mi |
| Northern West Virginia nonmetropolitan area Project Management Specialists Salary | $90,480↓ 12% | 25 mi |
| Southwest Virginia nonmetropolitan area Project Management Specialists Salary | $91,690↓ 11% | 25 mi |
| Northwest Virginia nonmetropolitan area Project Management Specialists Salary | $95,900↓ 7% | 25 mi |
| Southern West Virginia nonmetropolitan area Project Management Specialists Salary | $83,880↓ 19% | 25 mi |
Comparing salaries near Charlottesville, VA
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Charlottesville, VA?
The median annual salary for a Project Management Specialists in Charlottesville, VA is $103,390. This typically ranges from $60,670 for entry-level positions to $158,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charlottesville, VA is 5.1% lower than the national median of $108,900.
Is Charlottesville, VA a lucrative place for Project Management Specialists?
Yes, Charlottesville offers a competitive compensation landscape for Project Management Specialists.The average salary of $103,390 is strong, and with a Cost of Living Index at the national average, the purchasing power of this salary is robust.
Is Charlottesville, VA a good place to live for Project Management Specialists?
The Cost of Living Index in Charlottesville, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charlottesville, VA?
Some top paying nearby cities include Southside Virginia nonmetropolitan area ($93,350) and Northern West Virginia nonmetropolitan area.
How does the Charlottesville salary compare to the national average?
The average salary for Project Management Specialists in Charlottesville is $103,390, which is slightly lower than the national average of $108,900.
What is the concentration of Project Management Specialists in Charlottesville?
Charlottesville has a higher concentration of Project Management Specialists than the national average, indicated by a Location Quotient of 1.25.
Does the cost of living affect the salary in Charlottesville?
No, the Cost of Living Index in Charlottesville is 100, matching the national average, meaning the $103,390 salary has average purchasing power.
How many Project Management Specialists work in Charlottesville?
There are approximately 920 Project Management Specialists employed in the Charlottesville, VA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 920 employees in the Charlottesville, VA area with a job density of 8.155 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 Charlottesville, VA