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Average Project Management Specialists Salary in Hartford-West Hartford-East Hartford, CT

Project Management Specialists in Hartford-West Hartford-East Hartford, CT, command an impressive average annual salary of $110,480. This figure slightly surpasses the national average of $108,900, indicating a localized premium for these critical roles. The specific economic drivers and industry demands within the Hartford metropolitan area likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $110,480 per year.
  • Growth Trend: Salaries have shifted 7.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $160,470.
  • Outlook: The local market for Project Management Specialists in Hartford-West Hartford-East Hartford, CT, is moderately concentrated, with a Location Quotient of 0.65. While this suggests a slightly lower presence compared to the national average, the total local workforce of 2,520 professionals indicates a stable and established demand for project management expertise within the region.
2024 Market Data

Salary Overview

$110,480

The average Project Management Specialists in Hartford-West Hartford-East Hartford, CT earns+1.5%above the national average.

BreakdownBased on 40h/week
Hourly

$53.1

Weekly

$2,125

Monthly

$9,207

Project Management Specialists Salary Distribution in Hartford-West Hartford-East Hartford, CT

Salary progression for Project Management Specialists in Hartford-West Hartford-East Hartford, CT, typically scales significantly with experience. Entry-level professionals may start closer to the lower percentiles, while seasoned senior specialists, with extensive track records and advanced certifications, can command salaries well into the upper percentiles, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$66,390$31.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$82,860$39.8
ManagerOversees team, compliance, and project delivery.50% (Median)$104,600$50.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$138,100$66.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$160,470$77.1

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$110,480

Gross Pay

Real Wage (Purchasing Power)

$110,480

Adjusted for COL (100)

The average annual salary of $110,480 in Hartford-West Hartford-East Hartford, CT, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Project Management Specialist's salary in this area is equivalent to the national average, offering a stable financial environment without the added pressure of a higher cost of living.

Job Market Context

2,520

Total Jobs

4.26

Per 1K Jobs

0.65

Location Quotient

Below Average

Hartford-West Hartford-East Hartford, CT has 0.65x 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 0.65 for Project Management Specialists in Hartford-West Hartford-East Hartford, CT, suggests that the concentration of these roles is somewhat below the national average. This could imply a market that is not oversaturated, potentially offering good opportunities for skilled professionals, though it also indicates that the demand might be more specialized or tied to specific local industries.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Hartford-West Hartford-East Hartford, CT

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Hartford-West Hartford-East Hartford, CT?

The median annual salary for a Project Management Specialists in Hartford-West Hartford-East Hartford, CT is $110,480. This typically ranges from $66,390 for entry-level positions to $160,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Hartford-West Hartford-East Hartford, CT is 1.5% higher than the national median of $108,900.

Is Hartford-West Hartford-East Hartford, CT a lucrative place for Project Management Specialists?

Yes, it offers competitive compensation.Project Management Specialists in this area earn slightly above the national average salary. Coupled with a national average cost of living, this makes the location financially attractive for the profession.

Is Hartford-West Hartford-East Hartford, CT a good place to live for Project Management Specialists?

The Cost of Living Index in Hartford-West Hartford-East Hartford, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Hartford-West Hartford-East Hartford, CT?

Some top paying nearby cities include Connecticut nonmetropolitan area ($109,360) and Waterbury-Shelton, CT.

How does the Hartford-West Hartford-East Hartford, CT salary compare to the national average?

The average annual salary for Project Management Specialists in Hartford-West Hartford-East Hartford, CT, is $110,480, which is slightly higher than the national average of $108,900.

What is the concentration of Project Management Specialists in Hartford-West Hartford-East Hartford, CT?

The concentration, measured by the Location Quotient, is 0.65, indicating that the presence of Project Management Specialists is somewhat lower than the national average.

How does the cost of living affect the salary in Hartford-West Hartford-East Hartford, CT?

The cost of living in Hartford-West Hartford-East Hartford, CT, is at the national average (100). This means the $110,480 salary has the same purchasing power as the national average salary.

What is the total number of Project Management Specialists in the Hartford-West Hartford-East Hartford, CT area?

There are approximately 2,520 Project Management Specialists employed in the Hartford-West Hartford-East Hartford, CT 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 2,520 employees in the Hartford-West Hartford-East Hartford, CT area with a job density of 4.26 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.