Project Management Specialists in the Eastern and Southern Colorado nonmetropolitan area earn an average annual salary of $96,250. 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 outside of major urban centers in this region.
Executive Summary
- Average Salary: $96,250 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $159,990.
- Outlook: With a local workforce of 250 Project Management Specialists, the job market in Eastern and Southern Colorado nonmetropolitan areas appears to be moderately sized. The Location Quotient of 0.53 suggests that this profession is less concentrated here compared to the national average, indicating a potentially stable but not rapidly expanding demand for these professionals within the region.
Salary Overview
The average Project Management Specialists in Eastern and Southern Colorado nonmetropolitan area earns-11.6%below the national average.
$46.3
$1,851
$8,021
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 seen a gradual upward trend over the past four years, mirroring national economic growth and increasing demand for skilled project managers across various industries.
Project Management Specialists Salary Distribution in Eastern and Southern Colorado nonmetropolitan area
Salary progression for Project Management Specialists typically scales with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries significantly higher than the average. The percentile gaps in salary distribution underscore the substantial career growth and earning potential available with advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,280 | $29.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,188 | $34.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,770 | $39.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $120,313 | $57.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $159,990 | $76.9 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$96,250
Gross Pay
Real Wage (Purchasing Power)
$96,250
Adjusted for COL (100)
The average annual salary of $96,250 in Eastern and Southern Colorado nonmetropolitan areas 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 in a location with average living expenses.
Job Market Context
250
Total Jobs
3.485
Per 1K Jobs
0.53
Location Quotient
Eastern and Southern Colorado nonmetropolitan area has 0.53x 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.
A Location Quotient of 0.53 indicates that Project Management Specialists are less prevalent in the Eastern and Southern Colorado nonmetropolitan area compared to the national average. This suggests a less saturated market, which could present opportunities for skilled professionals, but also implies that the overall demand might be lower than in more concentrated metropolitan areas.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Colorado Springs, CO Project Management Specialists Salary | $112,170↑ 17% | 32 mi |
| Denver-Aurora-Centennial, CO Project Management Specialists Salary | $118,210↑ 23% | 54 mi |
| Pueblo, CO Project Management Specialists Salary | $95,250↓ 1% | 66 mi |
| Boulder, CO Project Management Specialists Salary | $127,600↑ 33% | 67 mi |
| Greeley, CO Project Management Specialists Salary | $101,050↑ 5% | 98 mi |
Comparing salaries near Eastern and Southern Colorado nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Eastern and Southern Colorado nonmetropolitan area?
The median annual salary for a Project Management Specialists in Eastern and Southern Colorado nonmetropolitan area is $96,250. This typically ranges from $62,280 for entry-level positions to $159,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern and Southern Colorado nonmetropolitan area is 11.6% lower than the national median of $108,900.
Is Eastern and Southern Colorado nonmetropolitan area a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to national averages.While the salary is substantial, it falls below the national average, and the lower concentration of roles suggests a less robust market for high-end compensation.
Is Eastern and Southern Colorado nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in Eastern and Southern Colorado nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern and Southern Colorado nonmetropolitan area?
Some top paying nearby cities include Colorado Springs, CO ($112,170) and Denver-Aurora-Centennial, CO.
How does the local salary compare to the national average?
The average salary of $96,250 in Eastern and Southern Colorado nonmetropolitan areas is approximately 11.6% lower than the national average of $108,900 for Project Management Specialists.
What is the concentration of Project Management Specialists in this area?
The Location Quotient of 0.53 signifies that Project Management Specialists are less concentrated in this region than the national average, meaning there are fewer professionals per capita relative to the rest of the country.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local salary of $96,250 offers purchasing power equivalent to the national average, indicating that the lower nominal salary is offset by average living expenses.
What is the total number of Project Management Specialists in this region?
There are approximately 250 Project Management Specialists employed in the Eastern and Southern Colorado nonmetropolitan area, representing a small segment of the total workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Eastern and Southern Colorado nonmetropolitan area area with a job density of 3.485 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 Eastern and Southern Colorado nonmetropolitan area