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Average Project Management Specialists Salary in Fayetteville-Springdale-Rogers, AR

Project Management Specialists in Fayetteville-Springdale-Rogers, AR, earn an average annual salary of $90,920. This figure is notably below the national average of $108,900, suggesting that local market dynamics and potentially a different industry focus influence compensation in this region. The specific economic landscape of Fayetteville-Springdale-Rogers shapes the demand and, consequently, the pay for these critical roles.

Executive Summary

  • Average Salary: $90,920 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,620.
  • Outlook: The Fayetteville-Springdale-Rogers area supports a robust workforce of 2,480 Project Management Specialists, indicating a significant presence in the local job market. With a Location Quotient of 1.42, the concentration of these professionals is 42% higher than the national average, signaling strong demand and a potentially active hiring environment for skilled project managers within the region.
2024 Market Data

Salary Overview

$90,920

The average Project Management Specialists in Fayetteville-Springdale-Rogers, AR earns-16.5%below the national average.

BreakdownBased on 40h/week
Hourly

$43.7

Weekly

$1,748

Monthly

$7,577

Project Management Specialists Salary Distribution in Fayetteville-Springdale-Rogers, AR

Salary progression for Project Management Specialists in Fayetteville-Springdale-Rogers typically correlates with experience. Entry-level positions may start at a lower percentile, while senior roles, with their increased responsibilities and strategic input, command higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,950$25
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,190$32.8
ManagerOversees team, compliance, and project delivery.50% (Median)$83,300$40
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$113,650$54.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$137,620$66.2

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$90,920

Gross Pay

Real Wage (Purchasing Power)

$90,920

Adjusted for COL (100)

The average annual salary of $90,920 in Fayetteville-Springdale-Rogers aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Project Management Specialist's salary in this area is equivalent to the national standard, offering a stable financial foundation without the premium often associated with higher cost-of-living regions.

Job Market Context

2,480

Total Jobs

9.274

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Fayetteville-Springdale-Rogers, AR has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.

A Location Quotient of 1.42 for Project Management Specialists in Fayetteville-Springdale-Rogers indicates a market where these professionals are more concentrated than the national average. This suggests a healthy demand for project management skills, potentially driven by specific local industries or a higher prevalence of project-based work, making it a competitive yet opportunity-rich environment for those in the field.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Fort Smith, AR-OK Project Management Specialists Salary$76,790↓ 16%51 mi
Joplin, MO-KS Project Management Specialists Salary$83,140↓ 9%72 mi
Springfield, MO Project Management Specialists Salary$80,510↓ 11%91 mi
Tulsa, OK Project Management Specialists Salary$95,190↑ 5%97 mi

Comparing salaries near Fayetteville-Springdale-Rogers, AR

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Fayetteville-Springdale-Rogers, AR?

The median annual salary for a Project Management Specialists in Fayetteville-Springdale-Rogers, AR is $90,920. This typically ranges from $51,950 for entry-level positions to $137,620 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fayetteville-Springdale-Rogers, AR is 16.5% lower than the national median of $108,900.

Is Fayetteville-Springdale-Rogers, AR a lucrative place for Project Management Specialists?

Yes, with a caveat.While the average salary of $90,920 is below the national average, the strong concentration (LQ 1.42) and average cost of living suggest a stable and potentially growing market for project management roles.

Is Fayetteville-Springdale-Rogers, AR a good place to live for Project Management Specialists?

The Cost of Living Index in Fayetteville-Springdale-Rogers, AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fayetteville-Springdale-Rogers, AR?

Some top paying nearby cities include Fort Smith, AR-OK ($76,790) and Joplin, MO-KS.

How does the Fayetteville-Springdale-Rogers salary compare to the national average?

The average salary for Project Management Specialists in Fayetteville-Springdale-Rogers is $90,920, which is approximately 16.5% lower than the national average of $108,900.

What is the significance of the Location Quotient (LQ) in Fayetteville-Springdale-Rogers?

An LQ of 1.42 means that Project Management Specialists are 42% more concentrated in Fayetteville-Springdale-Rogers than in the average U.S. location, indicating a higher relative demand for these roles locally.

How does the cost of living affect the salary in Fayetteville-Springdale-Rogers?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $90,920 salary offers purchasing power equivalent to the national average, making it relatively stable.

What is the total number of Project Management Specialists in the Fayetteville-Springdale-Rogers area?

There are approximately 2,480 Project Management Specialists employed within the Fayetteville-Springdale-Rogers metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,480 employees in the Fayetteville-Springdale-Rogers, AR area with a job density of 9.274 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Fayetteville-Springdale-Rogers, AR

Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Fayetteville-Springdale-Rogers, AR