Average Project Management Specialists Salary in Hickory-Lenoir-Morganton, NC
Project Management Specialists in Hickory-Lenoir-Morganton, NC, command an average annual salary of $101,820. This figure is slightly below the national average of $108,900, a common occurrence in regions with a lower concentration of specialized roles. Local economic factors and industry demand within the Hickory-Lenoir-Morganton area play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $101,820 per year.
- Growth Trend: Salaries have shifted 23.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $163,840.
- Outlook: The Hickory-Lenoir-Morganton area supports a workforce of approximately 450 Project Management Specialists. With a Location Quotient of 0.44, the concentration of these roles is below the national average, suggesting a less saturated but potentially growing market. The presence of nearly 3 jobs per 1,000 workers indicates a steady demand for skilled project managers within the local economy.
Salary Overview
The average Project Management Specialists in Hickory-Lenoir-Morganton, NC earns-6.5%below the national average.
$49
$1,958
$8,485
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Hickory-Lenoir-Morganton is not provided, it's reasonable to assume that salaries for Project Management Specialists have seen consistent growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for project oversight, and the evolving complexity of projects likely contribute to upward salary adjustments.
Project Management Specialists Salary Distribution in Hickory-Lenoir-Morganton, NC
Salary progression for Project Management Specialists is strongly tied to experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive track records and specialized certifications can command salaries significantly above the average. The widening gap between entry-level and senior roles reflects the increasing value placed on expertise and leadership in managing complex projects.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $54,880 | $26.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $76,365 | $36.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,580 | $44.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $127,275 | $61.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $163,840 | $78.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$101,820
Gross Pay
Real Wage (Purchasing Power)
$101,820
Adjusted for COL (100)
The average annual salary of $101,820 in Hickory-Lenoir-Morganton 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 this region is equivalent to the national average, offering a stable financial environment for residents.
Job Market Context
450
Total Jobs
2.903
Per 1K Jobs
0.44
Location Quotient
At 0.44x, Hickory-Lenoir-Morganton, NC has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
A Location Quotient of 0.44 indicates that Project Management Specialists are less concentrated in Hickory-Lenoir-Morganton compared to the national average. This suggests that while the job market may not be as robust or competitive as in major metropolitan hubs, there is still a consistent demand for these professionals, potentially offering good opportunities for those seeking roles in this area.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC Project Management Specialists Salary | $109,090↑ 7% | 45 mi |
| Spartanburg, SC Project Management Specialists Salary | $100,800↓ 1% | 65 mi |
| Winston-Salem, NC Project Management Specialists Salary | $87,980↓ 14% | 65 mi |
| Asheville, NC Project Management Specialists Salary | $93,620↓ 8% | 70 mi |
| Johnson City, TN Project Management Specialists Salary | $85,640↓ 16% | 72 mi |
Comparing salaries near Hickory-Lenoir-Morganton, NC
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Frequently Asked Questions
How much does a Project Management Specialists make in Hickory-Lenoir-Morganton, NC?
The median annual salary for a Project Management Specialists in Hickory-Lenoir-Morganton, NC is $101,820. This typically ranges from $54,880 for entry-level positions to $163,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hickory-Lenoir-Morganton, NC is 6.5% lower than the national median of $108,900.
Is Hickory-Lenoir-Morganton, NC a lucrative place for Project Management Specialists?
Yes, it offers a stable financial environment.While the average salary is slightly below the national average, the cost of living is also at the national average, resulting in equivalent purchasing power. The consistent demand indicated by jobs per 1,000 workers further supports its viability.
Is Hickory-Lenoir-Morganton, NC a good place to live for Project Management Specialists?
The Cost of Living Index in Hickory-Lenoir-Morganton, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hickory-Lenoir-Morganton, NC?
Some top paying nearby cities include Charlotte-Concord-Gastonia, NC-SC ($109,090) and Spartanburg, SC.
How does the Hickory-Lenoir-Morganton salary compare to the national average?
The average salary for Project Management Specialists in Hickory-Lenoir-Morganton is $101,820, which is slightly lower than the national average of $108,900.
What is the Cost of Living in Hickory-Lenoir-Morganton, NC?
The Cost of Living Index in Hickory-Lenoir-Morganton is 100, which is exactly the national average.
How many Project Management Specialists work in Hickory-Lenoir-Morganton, NC?
There are approximately 450 Project Management Specialists employed in the Hickory-Lenoir-Morganton, NC area.
Is the job market for Project Management Specialists saturated in Hickory-Lenoir-Morganton, NC?
With a Location Quotient of 0.44, the market is less concentrated than the national average, suggesting it is not saturated and may offer good opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Hickory-Lenoir-Morganton, NC area with a job density of 2.903 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 Hickory-Lenoir-Morganton, NC