Average Project Management Specialists Salary in Crestview-Fort Walton Beach-Destin, FL
Project Management Specialists in the Crestview-Fort Walton Beach-Destin, FL area earn an average annual salary of $101,940. This figure is slightly below the national average of $108,900, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the Florida Panhandle. The specific economic drivers and the concentration of project management roles in this locale contribute to this pay scale.
Executive Summary
- Average Salary: $101,940 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,480.
- Outlook: With a total local workforce of 790 Project Management Specialists, the Crestview-Fort Walton Beach-Destin, FL area demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.96 indicates that the concentration of these roles is very close to the national average, suggesting a balanced demand and supply dynamic. This signifies a consistent, albeit moderate, job market for project management expertise in the region.
Salary Overview
The average Project Management Specialists in Crestview-Fort Walton Beach-Destin, FL earns-6.4%below the national average.
$49
$1,960
$8,495
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this niche role in Crestview-Fort Walton Beach-Destin, FL is not provided, it is reasonable to assume that salaries for Project Management Specialists have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing project complexity, the need for skilled management, and inflation likely contribute to an upward trajectory in compensation, reflecting the evolving demands of the profession.
Project Management Specialists Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
Salary progression for Project Management Specialists is strongly tied to experience and demonstrated success. Entry-level positions typically command lower salaries, while senior roles, requiring extensive experience in leading complex projects and managing teams, can significantly exceed the average. The percentile gaps in salary distribution highlight the substantial career growth potential and the rewards associated with advancing expertise and responsibility within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,690 | $27.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,455 | $36.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,120 | $47.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $127,425 | $61.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,480 | $77.6 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$101,940
Gross Pay
Real Wage (Purchasing Power)
$101,940
Adjusted for COL (100)
The average annual salary of $101,940 in Crestview-Fort Walton Beach-Destin, FL 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 area is equivalent to the national average. Consequently, the nominal salary offers a standard of living comparable to the typical American city, without the added financial strain of a higher cost of living.
Job Market Context
790
Total Jobs
6.295
Per 1K Jobs
0.96
Location Quotient
Crestview-Fort Walton Beach-Destin, FL has 0.96x 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 0.96 for Project Management Specialists in Crestview-Fort Walton Beach-Destin, FL suggests a job market that is nearly on par with the national average in terms of concentration. This indicates that while the area supports a healthy number of these roles relative to its workforce size, it is not a significantly specialized hub for project management. The market is neither overly saturated nor exceptionally scarce, presenting a balanced environment for job seekers and employers.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL Project Management Specialists Salary | $95,800↓ 6% | 42 mi |
| Panama City-Panama City Beach, FL Project Management Specialists Salary | $92,770↓ 9% | 69 mi |
| Dothan, AL Project Management Specialists Salary | $134,160↑ 32% | 77 mi |
| Daphne-Fairhope-Foley, AL Project Management Specialists Salary | $88,750↓ 13% | 78 mi |
| Mobile, AL Project Management Specialists Salary | $98,600↓ 3% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
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Frequently Asked Questions
How much does a Project Management Specialists make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a Project Management Specialists in Crestview-Fort Walton Beach-Destin, FL is $101,940. This typically ranges from $57,690 for entry-level positions to $161,480 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 6.4% lower than the national median of $108,900.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for Project Management Specialists?
Moderately lucrative, with compensation aligning with the national average cost of living.The average salary of $101,940 is close to the national average, and with a Cost of Living Index of 100, your earnings will have comparable purchasing power to the national average.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for Project Management Specialists?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($95,800) and Panama City-Panama City Beach, FL.
How does the Crestview-Fort Walton Beach-Destin, FL salary compare to the national average?
The average salary of $101,940 in Crestview-Fort Walton Beach-Destin, FL is slightly lower than the national average of $108,900 for Project Management Specialists.
What is the concentration of Project Management Specialists in this area?
The concentration, measured by the Location Quotient, is 0.96, which is very close to the national average, indicating a balanced presence of these professionals.
How does the cost of living affect the salary in Crestview-Fort Walton Beach-Destin, FL?
The Cost of Living Index is 100, meaning it is exactly at the national average. Therefore, the $101,940 salary offers purchasing power equivalent to the national average.
What is the total number of Project Management Specialists in the local workforce?
There are approximately 790 Project Management Specialists employed within the Crestview-Fort Walton Beach-Destin, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 6.295 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 Crestview-Fort Walton Beach-Destin, FL