Average Project Management Specialists Salary in Elkhart-Goshen, IN
Project Management Specialists in Elkhart-Goshen, IN, earn an average annual salary of $93,240. This figure is notably below the national average of $108,900, reflecting the specific economic dynamics and demand within this Indiana region. Local industry needs and the overall cost structure contribute to this localized pay scale.
Executive Summary
- Average Salary: $93,240 per year.
- Growth Trend: Salaries have shifted 10.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,700.
- Outlook: The Elkhart-Goshen area supports a local workforce of 270 Project Management Specialists. While the total number is modest, the jobs per 1,000 workers stands at 2.072. The Location Quotient of 0.32 indicates a lower concentration of these roles compared to the national average, suggesting a niche market with potentially less competition but also a smaller pool of opportunities relative to the broader US.
Salary Overview
The average Project Management Specialists in Elkhart-Goshen, IN earns-14.4%below the national average.
$44.8
$1,793
$7,770
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Elkhart-Goshen is not provided, it is generally assumed that salaries for Project Management Specialists nationwide have seen a steady upward trend over the past four years, driven by increasing project complexity and the demand for skilled professionals. This national trend likely influences local compensation, even if at a different pace.
Project Management Specialists Salary Distribution in Elkhart-Goshen, IN
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command salaries well above the average. The percentile gaps in compensation clearly signify career advancement opportunities and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,320 | $28 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,930 | $33.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $86,600 | $41.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,550 | $56 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,700 | $63.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$93,240
Gross Pay
Real Wage (Purchasing Power)
$93,240
Adjusted for COL (100)
The average annual salary of $93,240 in Elkhart-Goshen, IN, 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 the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
270
Total Jobs
2.072
Per 1K Jobs
0.32
Location Quotient
At 0.32x, Elkhart-Goshen, IN 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 0.32, Elkhart-Goshen, IN, has a lower concentration of Project Management Specialists compared to the national average. This suggests that the job market for these specialists is less saturated locally, potentially offering a more specialized or less competitive environment for those seeking employment in this field within the region.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Project Management Specialists Salary | $87,320↓ 6% | 16 mi |
| Niles, MI Project Management Specialists Salary | $97,360↑ 4% | 18 mi |
| Kalamazoo-Portage, MI Project Management Specialists Salary | $97,030↑ 4% | 45 mi |
| Michigan City-La Porte, IN Project Management Specialists Salary | $88,110↓ 6% | 47 mi |
| Battle Creek, MI Project Management Specialists Salary | $94,970↑ 2% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
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Frequently Asked Questions
How much does a Project Management Specialists make in Elkhart-Goshen, IN?
The median annual salary for a Project Management Specialists in Elkhart-Goshen, IN is $93,240. This typically ranges from $58,320 for entry-level positions to $131,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 14.4% lower than the national median of $108,900.
Is Elkhart-Goshen, IN a lucrative place for Project Management Specialists?
No, not compared to the national average.While the salary of $93,240 is substantial, it falls below the national average of $108,900. However, the cost of living being at the national average means the salary's purchasing power is equivalent nationally.
Is Elkhart-Goshen, IN a good place to live for Project Management Specialists?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($87,320) and Niles, MI.
How does the Elkhart-Goshen salary compare to the national average?
The average salary for Project Management Specialists in Elkhart-Goshen, IN is $93,240, which is lower than the national average of $108,900.
What is the Cost of Living in Elkhart-Goshen, IN?
Elkhart-Goshen, IN has a Cost of Living Index of 100, which is exactly the national average.
How concentrated are Project Management Specialist roles in Elkhart-Goshen, IN?
The concentration of Project Management Specialist roles, indicated by a Location Quotient of 0.32, is lower than the national average, suggesting a less dense market for these professionals.
How many Project Management Specialists are there in Elkhart-Goshen, IN?
There are approximately 270 Project Management Specialists employed in the Elkhart-Goshen, IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Elkhart-Goshen, IN area with a job density of 2.072 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 Elkhart-Goshen, IN