Average Project Management Specialists Salary in Cheyenne, WY
Project Management Specialists in Cheyenne, WY earn an average annual salary of $101,620. This figure is slightly below the national average of $108,900, suggesting that while demand exists, local market dynamics and potentially a smaller scale of operations compared to major hubs influence compensation levels. The specific economic landscape of Cheyenne shapes the remuneration for these critical roles.
Executive Summary
- Average Salary: $101,620 per year.
- Growth Trend: Salaries have shifted 28.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $178,470.
- Outlook: The Project Management Specialist job market in Cheyenne, WY, is characterized by a focused workforce of 210 professionals. While the total number is modest, the concentration, indicated by a Location Quotient of 0.66, suggests a stable, albeit not exceptionally high, demand relative to the national average. The presence of 4.33 jobs per 1,000 workers points to a consistent need for project management expertise within the local economy.
Salary Overview
The average Project Management Specialists in Cheyenne, WY earns-6.7%below the national average.
$48.9
$1,954
$8,468
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Cheyenne is not provided, it is reasonable to assume that Project Management Specialist salaries in the area have experienced growth over the past four years, mirroring national trends. Economic development and the increasing complexity of projects typically drive up demand and, consequently, compensation for skilled professionals in this field.
Project Management Specialists Salary Distribution in Cheyenne, WY
Salary progression for Project Management Specialists in Cheyenne, WY, is significantly influenced by experience. Entry-level positions will command lower salaries, while seasoned professionals with a proven track record in managing complex projects can expect to earn considerably more. The percentile gaps in salary distribution highlight the substantial career growth and earning potential available as specialists advance through junior, mid-level, and senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,670 | $22.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,215 | $36.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,960 | $45.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $127,025 | $61.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $178,470 | $85.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$101,620
Gross Pay
Real Wage (Purchasing Power)
$101,620
Adjusted for COL (100)
The average annual salary of $101,620 in Cheyenne, WY, 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 Cheyenne 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
210
Total Jobs
4.33
Per 1K Jobs
0.66
Location Quotient
Cheyenne, WY has 0.66x 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 0.66, Cheyenne, WY, has a lower concentration of Project Management Specialists compared to the national average. This indicates that the job market is less saturated, potentially offering more opportunities for skilled professionals to find roles. However, it also suggests that the demand, while present, is not as robust as in larger metropolitan areas with a higher concentration of industries requiring extensive project management.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Fort Collins-Loveland, CO Project Management Specialists Salary | $107,450↑ 6% | 43 mi |
| Greeley, CO Project Management Specialists Salary | $101,050↓ 1% | 50 mi |
| Boulder, CO Project Management Specialists Salary | $127,600↑ 26% | 80 mi |
| Denver-Aurora-Centennial, CO Project Management Specialists Salary | $118,210↑ 16% | 95 mi |
Comparing salaries near Cheyenne, WY
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Cheyenne, WY?
The median annual salary for a Project Management Specialists in Cheyenne, WY is $101,620. This typically ranges from $46,670 for entry-level positions to $178,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cheyenne, WY is 6.7% lower than the national median of $108,900.
Is Cheyenne, WY a lucrative place for Project Management Specialists?
Yes, with caveats.The average salary of $101,620 is competitive with the national average cost of living, offering good purchasing power. However, the salary is slightly below the national average for the role, indicating moderate lucrativeness.
Is Cheyenne, WY a good place to live for Project Management Specialists?
The Cost of Living Index in Cheyenne, WY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cheyenne, WY?
Some top paying nearby cities include Fort Collins-Loveland, CO ($107,450) and Greeley, CO.
How does Cheyenne's Project Management Specialist salary compare to the national average?
The average salary in Cheyenne, WY, is $101,620, which is approximately 6.7% lower than the national average of $108,900.
What is the Cost of Living in Cheyenne, WY?
Cheyenne, WY, has a Cost of Living Index of 100, which is exactly the national average, meaning expenses are neither significantly higher nor lower than the typical US city.
How concentrated is the Project Management Specialist job market in Cheyenne, WY?
The market concentration, measured by a Location Quotient of 0.66, is below the national average, indicating fewer Project Management Specialists per capita than in the rest of the country.
What is the total number of Project Management Specialists in Cheyenne, WY?
There are approximately 210 Project Management Specialists employed in Cheyenne, WY.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Cheyenne, WY area with a job density of 4.33 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 Cheyenne, WY