Average Project Management Specialists Salary in East Kentucky nonmetropolitan area
Project Management Specialists in the East Kentucky nonmetropolitan area earn an average annual salary of $78,050. This figure is notably below the national average of $108,900, reflecting the unique economic landscape and potentially lower demand for specialized project management roles in this region compared to more urbanized or industrially diverse areas.
Executive Summary
- Average Salary: $78,050 per year.
- Growth Trend: Salaries have shifted 10.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $124,210.
- Outlook: With a total local workforce of 200 Project Management Specialists, the job market in East Kentucky appears relatively niche. The low Location Quotient of 0.33 further indicates that this profession is less concentrated here than the national average, suggesting a smaller but potentially stable demand within the existing local economy.
Salary Overview
The average Project Management Specialists in East Kentucky nonmetropolitan area earns-28.3%below the national average.
$37.5
$1,501
$6,504
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for East Kentucky is not provided, it is reasonable to assume that salaries for Project Management Specialists have seen gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, the need for skilled oversight, and inflation, even in nonmetropolitan areas.
Project Management Specialists Salary Distribution in East Kentucky nonmetropolitan area
Career progression for Project Management Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, characterized by extensive experience and leadership, command higher salaries. The percentile gaps in salary distribution signify clear opportunities for advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,690 | $21 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,538 | $28.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,810 | $35 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,563 | $46.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $124,210 | $59.7 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$78,050
Gross Pay
Real Wage (Purchasing Power)
$78,050
Adjusted for COL (100)
The nominal salary of $78,050 in East Kentucky 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 region is equivalent to that of someone earning the national average salary in a national average cost-of-living area, offering a stable financial standing.
Job Market Context
200
Total Jobs
2.137
Per 1K Jobs
0.33
Location Quotient
At 0.33x, East Kentucky 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.
A Location Quotient of 0.33 signifies that Project Management Specialists are significantly less concentrated in East Kentucky compared to the national average. This suggests that the job market may be less competitive, with fewer professionals vying for available positions, but it also implies a lower overall demand for these specialized roles within the region's economy.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Project Management Specialists Salary | $91,820↑ 18% | 28 mi |
| Elizabethtown, KY Project Management Specialists Salary | $81,720↑ 5% | 66 mi |
| Louisville/Jefferson County, KY-IN Project Management Specialists Salary | $88,420↑ 13% | 72 mi |
| Cincinnati, OH-KY-IN Project Management Specialists Salary | $102,200↑ 31% | 100 mi |
Comparing salaries near East Kentucky nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in East Kentucky nonmetropolitan area?
The median annual salary for a Project Management Specialists in East Kentucky nonmetropolitan area is $78,050. This typically ranges from $43,690 for entry-level positions to $124,210 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Kentucky nonmetropolitan area is 28.3% lower than the national median of $108,900.
Is East Kentucky nonmetropolitan area a lucrative place for Project Management Specialists?
No, it is not a particularly lucrative place.While the cost of living is average, the salary for Project Management Specialists is substantially lower than the national average, and the job market is less concentrated, indicating lower demand.
Is East Kentucky nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in East Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($91,820) and Elizabethtown, KY.
How does the local salary compare to the national average?
The average annual salary of $78,050 in East Kentucky is significantly lower than the national average of $108,900 for Project Management Specialists.
What does the Location Quotient of 0.33 mean for job seekers?
A Location Quotient of 0.33 indicates that Project Management Specialists are less common in East Kentucky than nationally, suggesting fewer job opportunities but potentially less competition.
How does the Cost of Living affect the salary's value?
With a Cost of Living Index of 100, the $78,050 salary in East Kentucky has the same purchasing power as the national average salary in a national average cost-of-living area.
What is the overall job market size for this role in East Kentucky?
The local workforce for Project Management Specialists is small, with approximately 200 individuals, and the concentration of these jobs per 1,000 workers is 2.137.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the East Kentucky nonmetropolitan area area with a job density of 2.137 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 Kentucky nonmetropolitan area