Average Project Management Specialists Salary in East Central Illinois nonmetropolitan area
Project Management Specialists in the East Central Illinois nonmetropolitan area earn an average annual salary of $84,570. This figure is notably below the national average of $108,900, reflecting the unique economic dynamics and potentially lower demand for specialized project management roles outside of major metropolitan hubs. Regional economic factors and industry concentration significantly influence compensation levels in this area.
Executive Summary
- Average Salary: $84,570 per year.
- Growth Trend: Salaries have shifted 2.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $127,120.
- Outlook: The job market for Project Management Specialists in this nonmetropolitan region is characterized by a relatively small workforce of 210 individuals. The low Location Quotient of 0.22 suggests that this profession is less concentrated here compared to the national average, indicating a niche presence rather than widespread demand. While the number of jobs per 1,000 workers (1.429) provides a baseline, the overall size and concentration point to a market that may offer fewer opportunities but potentially less competition for those already established.
Salary Overview
The average Project Management Specialists in East Central Illinois nonmetropolitan area earns-22.3%below the national average.
$40.7
$1,626
$7,048
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Project Management Specialists have experienced growth over the past four years, mirroring national trends. Economic development initiatives and the increasing complexity of projects across various sectors typically drive up demand and, consequently, compensation for skilled project managers, even in less urbanized regions.
Project Management Specialists Salary Distribution in East Central Illinois nonmetropolitan area
Salary progression for Project Management Specialists is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with a proven track record in leading complex projects can expect significantly higher earnings. The percentile gaps in salary distribution clearly signify career advancement opportunities, with senior specialists earning substantially more as they accumulate expertise and take on greater responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,610 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,428 | $30.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,060 | $37.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,713 | $50.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $127,120 | $61.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$84,570
Gross Pay
Real Wage (Purchasing Power)
$84,570
Adjusted for COL (100)
The nominal average salary of $84,570 in East Central Illinois nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Project Management Specialist's salary in this region is equivalent to that of someone earning the national average salary in a location with a cost of living at the national benchmark. Therefore, the salary offers a comparable standard of living to the national average.
Job Market Context
210
Total Jobs
1.429
Per 1K Jobs
0.22
Location Quotient
At 0.22x, East Central Illinois nonmetropolitan area has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.22, Project Management Specialists are significantly underrepresented in the East Central Illinois nonmetropolitan area compared to the national average. This indicates a less saturated job market, which could present opportunities for skilled professionals. However, it also suggests that the demand for these roles may be limited, and employers might have a wider selection of candidates due to the lower concentration of these specialists.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Project Management Specialists Salary | $98,550↑ 17% | 9 mi |
| Decatur, IL Project Management Specialists Salary | $109,340↑ 29% | 34 mi |
| Champaign-Urbana, IL Project Management Specialists Salary | $88,570↑ 5% | 41 mi |
| Peoria, IL Project Management Specialists Salary | $98,460↑ 16% | 43 mi |
| Springfield, IL Project Management Specialists Salary | $90,370↑ 7% | 53 mi |
Comparing salaries near East Central Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Project Management Specialists make in East Central Illinois nonmetropolitan area?
The median annual salary for a Project Management Specialists in East Central Illinois nonmetropolitan area is $84,570. This typically ranges from $49,610 for entry-level positions to $127,120 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Central Illinois nonmetropolitan area is 22.3% lower than the national median of $108,900.
Is East Central Illinois nonmetropolitan area a lucrative place for Project Management Specialists?
No, it is not considered lucrative compared to national standards.The average salary of $84,570 is substantially lower than the national average, and the low concentration of these roles suggests limited demand despite a cost of living at the national average.
Is East Central Illinois nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in East Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($98,550) and Decatur, IL.
How does the cost of living affect the Project Management Specialist salary in East Central Illinois?
The cost of living in East Central Illinois is at the national average (100), meaning the $84,570 salary offers purchasing power equivalent to the national average. While the nominal salary is lower than the national average, it is balanced by the local cost of living.
What is the demand for Project Management Specialists in this region?
The demand appears to be relatively low, as indicated by the low Location Quotient (0.22) and a small total local workforce of 210 Project Management Specialists. This suggests a niche market with potentially fewer job openings.
How does experience impact salary for Project Management Specialists in this area?
Experience plays a crucial role, with entry-level positions earning less and senior roles commanding higher salaries. The salary distribution reflects typical career progression, with significant increases for those with extensive project management expertise.
Is the Project Management Specialist job market competitive in East Central Illinois?
Given the low Location Quotient, the market is likely less competitive in terms of the number of specialists available. However, the limited number of roles might still mean competition for each available position, especially for highly skilled individuals.
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 East Central Illinois nonmetropolitan area area with a job density of 1.429 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 East Central Illinois nonmetropolitan area