Average Project Management Specialists Salary in Colorado Springs, CO
Project Management Specialists in Colorado Springs, CO, command an impressive average annual salary of $112,170. This figure notably surpasses the national average of $108,900, indicating a localized premium for these critical roles. The robust economic landscape and demand within the region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $112,170 per year.
- Growth Trend: Salaries have shifted 16.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,090.
- Outlook: Colorado Springs boasts a substantial local workforce of 2,870 Project Management Specialists, with a concentration quotient of 1.38, signifying a higher presence than the national average. This indicates a strong and established market for these professionals, suggesting a healthy demand and a stable job outlook within the city.
Salary Overview
The average Project Management Specialists in Colorado Springs, CO earns+3.0%above the national average.
$53.9
$2,157
$9,348
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Project Management Specialists in Colorado Springs has experienced steady growth over the past four years, mirroring national trends. Factors such as increasing project complexity, inflation, and a competitive job market typically drive upward salary adjustments for experienced professionals.
Project Management Specialists Salary Distribution in Colorado Springs, CO
Salary progression for Project Management Specialists in Colorado Springs is strongly tied to experience and demonstrated expertise. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive project portfolios and leadership skills can command salaries in the upper percentiles. The widening gap between lower and higher salary brackets reflects significant career advancement opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,310 | $30 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,128 | $40.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $105,980 | $51 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $140,213 | $67.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,090 | $79.4 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$112,170
Gross Pay
Real Wage (Purchasing Power)
$112,170
Adjusted for COL (100)
The average annual salary of $112,170 in Colorado Springs 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 city is equivalent to the national standard, offering a stable financial foundation without the added pressure of a significantly higher cost of living.
Job Market Context
2,870
Total Jobs
8.991
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Colorado Springs, CO has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
With a Location Quotient of 1.38, Colorado Springs demonstrates a notable concentration of Project Management Specialists compared to the national average. This suggests a specialized and potentially competitive market where employers may actively seek out talent with specific skills and experience relevant to the local industries, such as defense, aerospace, and technology.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Project Management Specialists Salary | $109,320↓ 3% | 32 mi |
| Southwest Colorado nonmetropolitan area Project Management Specialists Salary | $103,400↓ 8% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Project Management Specialists Salary | $96,250↓ 14% | 32 mi |
| Pueblo, CO Project Management Specialists Salary | $95,250↓ 15% | 42 mi |
| Denver-Aurora-Centennial, CO Project Management Specialists Salary | $118,210↑ 5% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Colorado Springs, CO?
The median annual salary for a Project Management Specialists in Colorado Springs, CO is $112,170. This typically ranges from $62,310 for entry-level positions to $165,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 3.0% higher than the national median of $108,900.
Is Colorado Springs, CO a lucrative place for Project Management Specialists?
Yes, Colorado Springs offers a lucrative environment for Project Management Specialists.The average salary of $112,170 is above the national average, and the cost of living is exactly at the national average, making it financially advantageous.
Is Colorado Springs, CO a good place to live for Project Management Specialists?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($109,320) and Southwest Colorado nonmetropolitan area.
How does the Project Management Specialist salary in Colorado Springs compare to the national average?
Project Management Specialists in Colorado Springs earn an average of $112,170 annually, which is higher than the national average of $108,900.
What is the cost of living in Colorado Springs, CO?
The cost of living in Colorado Springs is exactly at the national average, with an index of 100.
Is there a high demand for Project Management Specialists in Colorado Springs?
The Location Quotient of 1.38 suggests a higher concentration of these roles than the national average, indicating strong local demand.
How many Project Management Specialists work in Colorado Springs?
There are approximately 2,870 Project Management Specialists employed in Colorado Springs.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,870 employees in the Colorado Springs, CO area with a job density of 8.991 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 Colorado Springs, CO