Average Project Management Specialists Salary in Fayetteville, NC
Project Management Specialists in Fayetteville, NC, earn an average annual salary of $95,630. This figure is notably below the national average of $108,900, suggesting that local market dynamics and potentially a lower demand contribute to this compensation level. While the cost of living in Fayetteville is precisely at the national average, the salary differential warrants a closer look at the local job market.
Executive Summary
- Average Salary: $95,630 per year.
- Growth Trend: Salaries have shifted 19.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,310.
- Outlook: The local job market for Project Management Specialists in Fayetteville, NC, comprises a workforce of 430 individuals. With a Location Quotient of 0.5, the concentration of these specialists is half that of the national average, indicating a less saturated market. The presence of 3.266 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for these professionals within the region.
Salary Overview
The average Project Management Specialists in Fayetteville, NC earns-12.2%below the national average.
$46
$1,839
$7,969
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Fayetteville is not provided, it is reasonable to assume that Project Management Specialist salaries in the region have experienced growth over the past four years, mirroring national trends. Economic development and increased project complexity typically drive up demand and, consequently, compensation for skilled project managers.
Project Management Specialists Salary Distribution in Fayetteville, NC
Salary progression for Project Management Specialists in Fayetteville, as elsewhere, is strongly tied to experience. Entry-level positions will command salaries at the lower end of the spectrum, while senior roles, requiring extensive expertise and a proven track record, will see significantly higher compensation. The percentile gaps between junior and senior roles highlight the substantial career growth and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,990 | $23.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,723 | $34.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,320 | $45.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,538 | $57.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,310 | $66 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$95,630
Gross Pay
Real Wage (Purchasing Power)
$95,630
Adjusted for COL (100)
The nominal average salary of $95,630 in Fayetteville, NC, 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 Fayetteville is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, while the nominal salary is lower than the national average, the cost of living does not diminish its real value.
Job Market Context
430
Total Jobs
3.266
Per 1K Jobs
0.5
Location Quotient
Fayetteville, NC has 0.50x 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 0.5 for Project Management Specialists in Fayetteville indicates that the profession is less concentrated locally compared to the national average. This suggests that while there is a stable presence of these roles, the market is not oversaturated, potentially offering good opportunities for skilled professionals. However, it also implies that the demand might be more localized and less robust than in areas with a higher concentration.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Pinehurst-Southern Pines, NC Project Management Specialists Salary | $95,430↓ 0% | 29 mi |
| Raleigh-Cary, NC Project Management Specialists Salary | $105,920↑ 11% | 55 mi |
| Eastern North Carolina nonmetropolitan area Project Management Specialists Salary | $90,420↓ 5% | 60 mi |
| Western North Carolina nonmetropolitan area Project Management Specialists Salary | $85,450↓ 11% | 60 mi |
| Central North Carolina nonmetropolitan area Project Management Specialists Salary | $89,020↓ 7% | 60 mi |
Comparing salaries near Fayetteville, NC
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Fayetteville, NC?
The median annual salary for a Project Management Specialists in Fayetteville, NC is $95,630. This typically ranges from $47,990 for entry-level positions to $137,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fayetteville, NC is 12.2% lower than the national median of $108,900.
Is Fayetteville, NC a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary for Project Management Specialists is below the national benchmark. The lower Location Quotient suggests a less concentrated market, which may not translate to higher pay.
Is Fayetteville, NC a good place to live for Project Management Specialists?
The Cost of Living Index in Fayetteville, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fayetteville, NC?
Some top paying nearby cities include Pinehurst-Southern Pines, NC ($95,430) and Raleigh-Cary, NC.
How does Fayetteville's Project Management Specialist salary compare to the national average?
The average salary for Project Management Specialists in Fayetteville, NC, is $95,630, which is lower than the national average of $108,900.
What is the cost of living in Fayetteville, NC for Project Management Specialists?
The cost of living in Fayetteville, NC, is exactly at the national average, with an index of 100.
How concentrated is the Project Management Specialist job market in Fayetteville, NC?
The market is less concentrated than the national average, with a Location Quotient of 0.5, indicating fewer specialists per capita relative to the rest of the country.
What is the total number of Project Management Specialists in Fayetteville, NC?
There are approximately 430 Project Management Specialists working in Fayetteville, NC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Fayetteville, NC area with a job density of 3.266 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 Fayetteville, NC