Average Project Management Specialists Salary in Fargo, ND-MN
In Fargo, ND-MN, Project Management Specialists earn an average annual salary of $93,650. This figure is notably below the national average of $108,900, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Fargo metropolitan area.
Executive Summary
- Average Salary: $93,650 per year.
- Growth Trend: Salaries have shifted 19.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,750.
- Outlook: The Fargo, ND-MN job market for Project Management Specialists is moderately sized, with a total local workforce of 760 individuals. The Location Quotient of 0.78 suggests a slightly lower concentration of these roles compared to the national average, indicating a stable but not exceptionally robust demand within this specific metropolitan area.
Salary Overview
The average Project Management Specialists in Fargo, ND-MN earns-14.0%below the national average.
$45
$1,801
$7,804
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Fargo is not provided, it is generally assumed that salaries for Project Management Specialists across the United States, including Fargo, have experienced steady growth over the past four years, driven by inflation, increased demand for project management expertise, and evolving industry standards.
Project Management Specialists Salary Distribution in Fargo, ND-MN
Salary progression for Project Management Specialists in Fargo, ND-MN, typically scales significantly with experience. Entry-level positions will command lower salaries, while senior roles, characterized by extensive project portfolios and leadership responsibilities, can see earnings rise substantially. The percentile gaps between junior and senior roles highlight clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,360 | $28.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,238 | $33.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $88,430 | $42.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $117,063 | $56.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,750 | $64.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$93,650
Gross Pay
Real Wage (Purchasing Power)
$93,650
Adjusted for COL (100)
The average annual salary of $93,650 in Fargo, ND-MN, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income locally is equivalent to the national standard, making relocation financially neutral from a cost-of-living perspective.
Job Market Context
760
Total Jobs
5.122
Per 1K Jobs
0.78
Location Quotient
Fargo, ND-MN has 0.78x 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.
With a Location Quotient of 0.78, the Fargo, ND-MN market for Project Management Specialists is less concentrated than the national average. This suggests that while there is a consistent presence of these roles, the job market may be less competitive than in major hubs, potentially offering more opportunities for skilled professionals to find positions without facing extreme competition.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Grand Forks, ND-MN Project Management Specialists Salary | $90,480↓ 3% | 74 mi |
Comparing salaries near Fargo, ND-MN
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Fargo, ND-MN?
The median annual salary for a Project Management Specialists in Fargo, ND-MN is $93,650. This typically ranges from $58,360 for entry-level positions to $133,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fargo, ND-MN is 14.0% lower than the national median of $108,900.
Is Fargo, ND-MN a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to the national average.While the average salary of $93,650 is substantial, it falls below the national average of $108,900, indicating less lucrative compensation in this specific region.
Is Fargo, ND-MN a good place to live for Project Management Specialists?
The Cost of Living Index in Fargo, ND-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fargo, ND-MN?
Some top paying nearby cities include Grand Forks, ND-MN ($90,480) and others.
How does the cost of living in Fargo compare to the national average?
The cost of living in Fargo, ND-MN is exactly at the national average, with an index of 100. This means that your salary will have the same purchasing power in Fargo as it would on average across the country.
What is the concentration of Project Management Specialists in Fargo?
The concentration of Project Management Specialists in Fargo is slightly below the national average, with a Location Quotient of 0.78. This indicates fewer specialists per capita compared to the rest of the United States.
How many Project Management Specialists are there in Fargo?
There are approximately 760 Project Management Specialists working within the Fargo, ND-MN metropolitan area.
Are there many job openings for Project Management Specialists in Fargo?
With 5.122 jobs per 1,000 workers, the availability of Project Management Specialist roles in Fargo is present, though the lower Location Quotient suggests it's not a primary hub for this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Fargo, ND-MN area with a job density of 5.122 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 Fargo, ND-MN