Average Project Management Specialists Salary in Columbia, MO
Project Management Specialists in Columbia, MO, earn an average annual salary of $88,260. This figure is notably below the national average of $108,900, reflecting a localized compensation structure influenced by regional economic factors and demand within the Columbia market.
Executive Summary
- Average Salary: $88,260 per year.
- Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,420.
- Outlook: With a local workforce of 530 Project Management Specialists and a Location Quotient of 0.76, the job market in Columbia, MO, indicates a slightly lower concentration of these professionals compared to the national average. While not a major hub, the presence of nearly 5 professionals per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for project management expertise.
Salary Overview
The average Project Management Specialists in Columbia, MO earns-19.0%below the national average.
$42.4
$1,697
$7,355
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Columbia, MO is not provided, it is generally assumed that salaries for Project Management Specialists have seen consistent growth over the past four years, mirroring national trends. This upward trajectory is typically driven by increasing project complexity, the need for skilled management, and inflation, suggesting that current compensation levels are likely higher than they were historically.
Project Management Specialists Salary Distribution in Columbia, MO
Career progression for Project Management Specialists in Columbia, MO, is marked by significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while senior specialists with extensive experience and a proven track record can command salaries well into the upper percentiles, reflecting a clear reward for accumulated expertise and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,220 | $24.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,195 | $31.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,670 | $40.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,325 | $53 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,420 | $61.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$88,260
Gross Pay
Real Wage (Purchasing Power)
$88,260
Adjusted for COL (100)
The average salary of $88,260 in Columbia, MO, 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 Columbia is equivalent to the national average, offering a stable financial standing without the premium or discount often associated with higher or lower cost-of-living areas.
Job Market Context
530
Total Jobs
4.97
Per 1K Jobs
0.76
Location Quotient
Columbia, MO has 0.76x 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.
The Location Quotient of 0.76 for Project Management Specialists in Columbia, MO, signifies that the concentration of these roles is below the national average. This suggests that while opportunities exist, the market is not oversaturated, potentially offering a balanced environment for job seekers and employers alike, with moderate competition for available positions.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Project Management Specialists Salary | $89,130↑ 1% | 27 mi |
| Southeast Missouri nonmetropolitan area Project Management Specialists Salary | $84,070↓ 5% | 34 mi |
| Central Missouri nonmetropolitan area Project Management Specialists Salary | $79,570↓ 10% | 34 mi |
| North Missouri nonmetropolitan area Project Management Specialists Salary | $77,670↓ 12% | 34 mi |
| Southwest Missouri nonmetropolitan area Project Management Specialists Salary | $79,350↓ 10% | 34 mi |
Comparing salaries near Columbia, MO
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Frequently Asked Questions
How much does a Project Management Specialists make in Columbia, MO?
The median annual salary for a Project Management Specialists in Columbia, MO is $88,260. This typically ranges from $50,220 for entry-level positions to $127,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Columbia, MO is 19.0% lower than the national median of $108,900.
Is Columbia, MO a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to national averages.While the average salary of $88,260 is stable due to a Cost of Living Index at the national average, it falls significantly short of the national average salary for Project Management Specialists.
Is Columbia, MO a good place to live for Project Management Specialists?
The Cost of Living Index in Columbia, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Columbia, MO?
Some top paying nearby cities include Jefferson City, MO ($89,130) and Southeast Missouri nonmetropolitan area.
How does the Columbia, MO salary compare to the national average?
The average salary of $88,260 in Columbia, MO, is approximately 19% lower than the national average of $108,900 for Project Management Specialists.
What is the significance of the Location Quotient (LQ) of 0.76?
An LQ of 0.76 indicates that Project Management Specialists are less concentrated in Columbia, MO, than the national average. This suggests a moderate job market with potentially fewer specialists relative to other professions.
How does the Cost of Living affect the salary in Columbia, MO?
With a Cost of Living Index of 100, the salary of $88,260 in Columbia, MO, has the same purchasing power as the national average salary, making it a financially neutral location in terms of cost of living.
What is the total number of Project Management Specialists in Columbia, MO?
There are approximately 530 Project Management Specialists employed in Columbia, MO, representing a local workforce size that supports the demand for these roles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Columbia, MO area with a job density of 4.97 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 Columbia, MO