Average Project Management Specialists Salary in Fort Wayne, IN
Project Management Specialists in Fort Wayne, IN, earn an average annual salary of $103,590. This figure is slightly below the national average of $108,900, reflecting a localized market dynamic. Factors such as regional industry demand and the specific economic landscape of Fort Wayne contribute to this compensation.
Executive Summary
- Average Salary: $103,590 per year.
- Growth Trend: Salaries have shifted 23.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $140,490.
- Outlook: The Fort Wayne, IN, market for Project Management Specialists shows a moderate presence, with a total local workforce of 600 individuals in this role. The Location Quotient of 0.41 indicates that this profession is less concentrated here compared to the national average, suggesting a potentially stable but not oversaturated job market.
Salary Overview
The average Project Management Specialists in Fort Wayne, IN earns-4.9%below the national average.
$49.8
$1,992
$8,633
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that salaries for Project Management Specialists across the nation, including in markets like Fort Wayne, have experienced steady growth over the past four years. This trend is driven by the increasing complexity of projects and the continuous demand for skilled professionals to manage them effectively.
Project Management Specialists Salary Distribution in Fort Wayne, IN
Salary progression for Project Management Specialists in Fort Wayne, IN, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles, with extensive experience and proven track records, can reach substantially higher compensation levels, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,530 | $25.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $77,693 | $37.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $89,220 | $42.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $129,488 | $62.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $140,490 | $67.5 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$103,590
Gross Pay
Real Wage (Purchasing Power)
$103,590
Adjusted for COL (100)
The nominal average salary of $103,590 in Fort Wayne, 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 Fort Wayne is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
600
Total Jobs
2.688
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Fort Wayne, 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 0.41, Fort Wayne, IN, has a lower concentration of Project Management Specialists than the national average. This suggests that while the demand exists, the market is not saturated, potentially offering good opportunities for skilled professionals entering or advancing within the field in this region.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Lima, OH Project Management Specialists Salary | $97,060↓ 6% | 59 mi |
| Elkhart-Goshen, IN Project Management Specialists Salary | $93,240↓ 10% | 59 mi |
| Muncie, IN Project Management Specialists Salary | $88,480↓ 15% | 63 mi |
| Kokomo, IN Project Management Specialists Salary | $81,980↓ 21% | 67 mi |
| South Bend-Mishawaka, IN-MI Project Management Specialists Salary | $87,320↓ 16% | 71 mi |
Comparing salaries near Fort Wayne, IN
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Fort Wayne, IN?
The median annual salary for a Project Management Specialists in Fort Wayne, IN is $103,590. This typically ranges from $52,530 for entry-level positions to $140,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Fort Wayne, IN is 4.9% lower than the national median of $108,900.
Is Fort Wayne, IN a lucrative place for Project Management Specialists?
Moderately lucrative, with a salary near the national average and a cost of living that matches.The average salary of $103,590 is competitive, especially when considering the national average cost of living index of 100 in Fort Wayne.
Is Fort Wayne, IN a good place to live for Project Management Specialists?
The Cost of Living Index in Fort Wayne, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Fort Wayne, IN?
Some top paying nearby cities include Lima, OH ($97,060) and Elkhart-Goshen, IN.
How does Fort Wayne's Project Management Specialist salary compare to the national average?
The average salary of $103,590 in Fort Wayne is slightly lower than the national average of $108,900.
What is the concentration of Project Management Specialists in Fort Wayne?
Fort Wayne has a lower concentration of Project Management Specialists, with a Location Quotient of 0.41, indicating it's less dense than the national average.
How does the cost of living in Fort Wayne affect salary perception?
Fort Wayne's Cost of Living Index is 100, matching the national average, meaning the $103,590 salary has equivalent purchasing power to the national average.
What does the job market size suggest for Project Management Specialists in Fort Wayne?
With 600 Project Management Specialists locally, the job market is of a moderate size, and the lower Location Quotient suggests potential opportunities for those with in-demand skills.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Fort Wayne, IN area with a job density of 2.688 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 Fort Wayne, IN