Average Project Management Specialists Salary in Cincinnati, OH-KY-IN
Project Management Specialists in the Cincinnati, OH-KY-IN area earn an average annual salary of $102,200. This figure is slightly below the national average of $108,900, reflecting a nuanced compensation landscape influenced by regional economic factors and industry demand within the tri-state area.
Executive Summary
- Average Salary: $102,200 per year.
- Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,740.
- Outlook: With a local workforce of 7,290 Project Management Specialists, Cincinnati demonstrates a solid presence in this field. The Location Quotient of 1.02 indicates that the concentration of these roles in Cincinnati is very close to the national average, suggesting a stable and consistent demand for project management expertise within the region's economic structure.
Salary Overview
The average Project Management Specialists in Cincinnati, OH-KY-IN earns-6.2%below the national average.
$49.1
$1,965
$8,517
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Project Management Specialists have experienced consistent growth over the past four years, driven by increasing project complexity and the critical need for skilled professionals to oversee them. This upward trend is likely reflected in the Cincinnati market, aligning with national patterns of salary appreciation in this vital profession.
Project Management Specialists Salary Distribution in Cincinnati, OH-KY-IN
The career trajectory for Project Management Specialists typically involves significant salary increases with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive project portfolios and leadership experience can command salaries well into the higher percentiles, often exceeding $130,000 annually. The gap between entry-level and senior roles highlights substantial opportunities for career progression and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,170 | $28 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,650 | $36.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,090 | $46.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $127,750 | $61.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $159,740 | $76.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$102,200
Gross Pay
Real Wage (Purchasing Power)
$102,200
Adjusted for COL (100)
The average annual salary of $102,200 in Cincinnati, OH-KY-IN 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 Cincinnati is equivalent to the national average, offering a stable financial standing without significant advantages or disadvantages related to living expenses.
Job Market Context
7,290
Total Jobs
6.676
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Cincinnati, OH-KY-IN has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
A Location Quotient of 1.02 for Project Management Specialists in Cincinnati signifies that the job market is neither significantly over- nor under-saturated compared to the national average. This suggests a balanced environment where opportunities are readily available, and the competition is comparable to other regions, making it a steady market for both employers seeking talent and professionals seeking roles.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH Project Management Specialists Salary | $110,960↑ 9% | 50 mi |
| Springfield, OH Project Management Specialists Salary | $91,500↓ 10% | 69 mi |
| Lexington-Fayette, KY Project Management Specialists Salary | $91,820↓ 10% | 73 mi |
| Columbus, IN Project Management Specialists Salary | $102,930↑ 1% | 76 mi |
| Muncie, IN Project Management Specialists Salary | $88,480↓ 13% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Cincinnati, OH-KY-IN?
The median annual salary for a Project Management Specialists in Cincinnati, OH-KY-IN is $102,200. This typically ranges from $58,170 for entry-level positions to $159,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 6.2% lower than the national median of $108,900.
Is Cincinnati, OH-KY-IN a lucrative place for Project Management Specialists?
Yes, Cincinnati offers a competitive salary for Project Management Specialists.The average salary of $102,200 is strong, and with a Cost of Living Index of 100, the purchasing power is equivalent to the national average, indicating good financial stability.
Is Cincinnati, OH-KY-IN a good place to live for Project Management Specialists?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($110,960) and Springfield, OH.
How does Cincinnati's Project Management Specialist salary compare to the national average?
The average salary for Project Management Specialists in Cincinnati is $102,200, which is slightly below the national average of $108,900.
What is the concentration of Project Management Specialists in Cincinnati?
Cincinnati has a Location Quotient of 1.02 for Project Management Specialists, indicating a concentration very close to the national average.
How does the cost of living in Cincinnati affect salary value?
Cincinnati's Cost of Living Index is 100, matching the national average. This means the $102,200 salary has the same purchasing power as the national average salary.
What is the total number of Project Management Specialists in Cincinnati?
There are approximately 7,290 Project Management Specialists employed in the Cincinnati, OH-KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,290 employees in the Cincinnati, OH-KY-IN area with a job density of 6.676 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Project Management Specialists Salaries by State
Top Jobs in Cincinnati, OH-KY-IN
- All Occupations Salary in Cincinnati, OH-KY-IN
- Office and Administrative Support Occupations Salary in Cincinnati, OH-KY-IN
- Transportation and Material Moving Occupations Salary in Cincinnati, OH-KY-IN
- Food Preparation and Serving Related Occupations Salary in Cincinnati, OH-KY-IN
- Sales and Related Occupations Salary in Cincinnati, OH-KY-IN
- Management Occupations Salary in Cincinnati, OH-KY-IN
- Production Occupations Salary in Cincinnati, OH-KY-IN
- Healthcare Practitioners and Technical Occupations Salary in Cincinnati, OH-KY-IN
- Business and Financial Operations Occupations Salary in Cincinnati, OH-KY-IN
- Educational Instruction and Library Occupations Salary in Cincinnati, OH-KY-IN
- Browse All Jobs in Cincinnati, OH-KY-IN →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Cincinnati, OH-KY-IN