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Average Project Management Specialists Salary in Cleveland, TN

Project Management Specialists in Cleveland, TN earn an average annual salary of $81,330. This figure is notably below the national average of $108,900, reflecting regional economic factors and the specific demand within the local market. While the nominal salary may seem lower, it's crucial to consider the local economic landscape when evaluating compensation.

Executive Summary

  • Average Salary: $81,330 per year.
  • Growth Trend: Salaries have shifted 13.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,510.
  • Outlook: With a total local workforce of 210 Project Management Specialists, Cleveland, TN presents a moderately sized, yet specific, employment niche. The Location Quotient of 0.72 suggests that this role is slightly less concentrated here than the national average, indicating a stable but not overly saturated job market. The presence of 4.717 jobs per 1,000 workers points to consistent, albeit not explosive, demand for these professionals.
2024 Market Data

Salary Overview

$81,330

The average Project Management Specialists in Cleveland, TN earns-25.3%below the national average.

BreakdownBased on 40h/week
Hourly

$39.1

Weekly

$1,564

Monthly

$6,778

Project Management Specialists Salary Distribution in Cleveland, TN

Salary progression for Project Management Specialists in Cleveland, TN, like elsewhere, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles, requiring extensive expertise and a proven track record, can earn considerably more. The percentile gaps between junior and senior roles signify clear career progression pathways and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,710$19.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,998$29.3
ManagerOversees team, compliance, and project delivery.50% (Median)$80,090$38.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$101,663$48.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$123,510$59.4

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$81,330

Gross Pay

Real Wage (Purchasing Power)

$81,330

Adjusted for COL (100)

The average annual salary of $81,330 for Project Management Specialists in Cleveland, TN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, suggesting that while the nominal pay is lower than the national average, the cost of goods and services locally does not necessitate a higher salary to maintain a comparable standard of living.

Job Market Context

210

Total Jobs

4.717

Per 1K Jobs

0.72

Location Quotient

Below Average

Cleveland, TN has 0.72x 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.

A Location Quotient of 0.72 indicates that Project Management Specialists are employed in Cleveland, TN at a rate slightly below the national average concentration. This suggests that while the profession is present and valued, the market is not as saturated as in some other regions. This could translate to a more competitive environment for job seekers, but also potentially more opportunities for those with specialized skills.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Cleveland, TN

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Cleveland, TN?

The median annual salary for a Project Management Specialists in Cleveland, TN is $81,330. This typically ranges from $39,710 for entry-level positions to $123,510 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, TN is 25.3% lower than the national median of $108,900.

Is Cleveland, TN a lucrative place for Project Management Specialists?

No, not compared to the national average.While the cost of living is average, the nominal salary of $81,330 is significantly lower than the national average of $108,900. The market concentration is also slightly below the national average.

Is Cleveland, TN a good place to live for Project Management Specialists?

The Cost of Living Index in Cleveland, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cleveland, TN?

Some top paying nearby cities include Chattanooga, TN-GA ($90,930) and Dalton, GA.

How does the salary compare to the national average?

The average salary for Project Management Specialists in Cleveland, TN is $81,330, which is substantially lower than the national average of $108,900.

What is the cost of living in Cleveland, TN?

The Cost of Living Index in Cleveland, TN is 100, which is exactly the national average, indicating that the cost of goods and services is comparable to the rest of the country.

How concentrated is the job market for Project Management Specialists in Cleveland, TN?

The job market concentration, measured by the Location Quotient, is 0.72, meaning it's slightly less concentrated than the national average.

What is the total number of Project Management Specialists in Cleveland, TN?

There are approximately 210 Project Management Specialists working in the Cleveland, TN area.

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 Cleveland, TN area with a job density of 4.717 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.