Average Project Management Specialists Salary in Guam
Project Management Specialists in Guam earn an average annual salary of $77,670, which is notably lower than the national average of $108,900. This disparity is often influenced by the unique economic landscape and market demands specific to island territories like Guam, which can affect compensation benchmarks.
Executive Summary
- Average Salary: $77,670 per year.
- Growth Trend: Salaries have shifted 37.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,780.
- Outlook: With a local workforce of 270 Project Management Specialists and a Location Quotient of 0.68, the job market in Guam indicates a specialized but not overly concentrated demand for these professionals. While the number of jobs per 1,000 workers (4.414) suggests a steady presence, the below-average LQ implies that the role is less prevalent compared to national trends, potentially offering niche opportunities.
Salary Overview
The average Project Management Specialists in Guam earns-28.7%below the national average.
$37.3
$1,494
$6,473
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Guam's Project Management Specialist salaries over the past four years is not provided, it's reasonable to assume a general upward trend mirroring national patterns. Economic development initiatives and increased project complexity in Guam likely contribute to a gradual increase in demand and, consequently, compensation for skilled project managers.
Project Management Specialists Salary Distribution in Guam
Salary progression for Project Management Specialists in Guam typically scales with experience. Entry-level positions might start closer to the lower end of the salary spectrum, while senior roles, requiring extensive experience and proven track records, command higher compensation. The percentile gaps in salary distribution signify clear career progression pathways and the increasing value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,020 | $20.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,253 | $28 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $61,400 | $29.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $97,088 | $46.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,780 | $65.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$77,670
Gross Pay
Real Wage (Purchasing Power)
$59,746
Adjusted for COL (130)
The average annual salary of $77,670 in Guam must be considered alongside its Cost of Living Index of 130. This means that while the nominal salary appears lower than the national average, the actual purchasing power is further diminished by the higher cost of goods and services, making careful financial planning essential for those relocating.
Job Market Context
270
Total Jobs
4.414
Per 1K Jobs
0.68
Location Quotient
Guam has 0.68x 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 0.68 suggests that Project Management Specialists are less concentrated in Guam compared to the national average. This could indicate a market with fewer specialists relative to the overall workforce, potentially leading to higher demand for qualified individuals, though the lower average salary warrants further investigation into specific industry needs and compensation structures.
Nearby Job Markets
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Frequently Asked Questions
How much does a Project Management Specialists make in Guam?
The median annual salary for a Project Management Specialists in Guam is $77,670. This typically ranges from $43,020 for entry-level positions to $136,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Guam is 28.7% lower than the national median of $108,900.
Is Guam a lucrative place for Project Management Specialists?
No, not in terms of nominal salary compared to the national average.While Guam has a dedicated workforce of Project Management Specialists, the average salary of $77,670 is significantly below the national benchmark of $108,900, and the high cost of living further impacts its lucrativeness.
Is Guam a good place to live for Project Management Specialists?
The Cost of Living Index in Guam is 130. While higher than average, this often correlates with higher wages.
How does Guam's cost of living affect the Project Management Specialist salary?
Guam's Cost of Living Index is 130, meaning it's 30% more expensive than the national average. This significantly reduces the purchasing power of the $77,670 average salary, making it less financially advantageous than it might initially appear.
Is there high demand for Project Management Specialists in Guam?
The Location Quotient of 0.68 suggests a lower concentration of Project Management Specialists compared to the national average. While this can indicate demand, the overall salary figures suggest that the market may not be as robust or competitive as in other regions.
What is the typical salary range for Project Management Specialists in Guam?
While the average is $77,670, salaries can vary significantly based on experience, industry, and specific employer. Entry-level roles will likely be lower, while senior positions with extensive experience could command higher salaries, though still potentially below the national average.
How does the local workforce size impact the job market for Project Management Specialists in Guam?
With a local workforce of 270, the market is relatively small. This can mean fewer job openings but also potentially less competition for experienced professionals, depending on the specific needs of ongoing projects and industries in Guam.
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 Guam area with a job density of 4.414 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 Guam