Average Project Management Specialists Salary in Hagerstown-Martinsburg, MD-WV
Project Management Specialists in the Hagerstown-Martinsburg, MD-WV area earn an average annual salary of $89,940. This figure is notably below the national average of $108,900, suggesting that local market dynamics, such as industry concentration and regional demand, play a significant role in compensation levels for this profession.
Executive Summary
- Average Salary: $89,940 per year.
- Growth Trend: Salaries have shifted 5.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,990.
- Outlook: With a local workforce of 520 Project Management Specialists and a Location Quotient of 0.75, the Hagerstown-Martinsburg area exhibits a slightly lower concentration of these professionals compared to the national average. While not a major hub, the presence of nearly 5 professionals per 1,000 workers indicates a stable, albeit not rapidly expanding, demand for project management expertise within the region.
Salary Overview
The average Project Management Specialists in Hagerstown-Martinsburg, MD-WV earns-17.4%below the national average.
$43.2
$1,730
$7,495
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists have seen a consistent upward trend over the past four years, mirroring national economic growth and the increasing complexity of projects across various industries. This growth is likely driven by inflation, increased demand for skilled project managers, and the evolving methodologies within the field.
Project Management Specialists Salary Distribution in Hagerstown-Martinsburg, MD-WV
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with a proven track record and advanced certifications can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and increased earning potential as one advances from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,430 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $67,455 | $32.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,760 | $40.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $112,425 | $54.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,990 | $63 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$89,940
Gross Pay
Real Wage (Purchasing Power)
$89,940
Adjusted for COL (100)
The average annual salary of $89,940 in Hagerstown-Martinsburg aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the nominal salary offers purchasing power equivalent to the national average, indicating that while the salary is below the national average, the cost of living is also on par, making the take-home pay relatively stable in terms of real value.
Job Market Context
520
Total Jobs
4.875
Per 1K Jobs
0.75
Location Quotient
Hagerstown-Martinsburg, MD-WV has 0.75x 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 0.75 for Project Management Specialists in Hagerstown-Martinsburg suggests that the profession is less concentrated locally than the national average. This indicates a moderately competitive market where demand exists but is not overwhelmingly high, potentially offering a balanced environment for job seekers and employers alike.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Chambersburg, PA Project Management Specialists Salary | $91,470↑ 2% | 20 mi |
| Gettysburg, PA Project Management Specialists Salary | $87,680↓ 3% | 29 mi |
| Winchester, VA-WV Project Management Specialists Salary | $101,210↑ 13% | 40 mi |
| York-Hanover, PA Project Management Specialists Salary | $108,820↑ 21% | 57 mi |
| Harrisburg-Carlisle, PA Project Management Specialists Salary | $99,290↑ 10% | 62 mi |
Comparing salaries near Hagerstown-Martinsburg, MD-WV
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Hagerstown-Martinsburg, MD-WV?
The median annual salary for a Project Management Specialists in Hagerstown-Martinsburg, MD-WV is $89,940. This typically ranges from $50,430 for entry-level positions to $130,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hagerstown-Martinsburg, MD-WV is 17.4% lower than the national median of $108,900.
Is Hagerstown-Martinsburg, MD-WV a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to national averages.The average salary of $89,940 is below the national average, although the cost of living is also at the national average, mitigating some of the difference in purchasing power.
Is Hagerstown-Martinsburg, MD-WV a good place to live for Project Management Specialists?
The Cost of Living Index in Hagerstown-Martinsburg, MD-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hagerstown-Martinsburg, MD-WV?
Some top paying nearby cities include Chambersburg, PA ($91,470) and Gettysburg, PA.
How does the Hagerstown-Martinsburg salary compare to the national average?
The average salary for Project Management Specialists in Hagerstown-Martinsburg is $89,940, which is approximately $18,960 less than the national average of $108,900.
What is the concentration of Project Management Specialists in this area?
The Location Quotient of 0.75 indicates that Project Management Specialists are less concentrated in Hagerstown-Martinsburg compared to the national average.
How does the cost of living affect the salary in Hagerstown-Martinsburg?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $89,940 salary has the same purchasing power as the national average salary in terms of daily expenses.
What is the total number of Project Management Specialists in Hagerstown-Martinsburg?
There are approximately 520 Project Management Specialists employed in the Hagerstown-Martinsburg, MD-WV area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Hagerstown-Martinsburg, MD-WV area with a job density of 4.875 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 Hagerstown-Martinsburg, MD-WV