Average Project Management Specialists Salary in Houma-Bayou Cane-Thibodaux, LA
Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA, earn an average annual salary of $102,840. This figure is slightly below the national average of $108,900, indicating a localized compensation structure influenced by regional economic factors and industry demand within the area.
Executive Summary
- Average Salary: $102,840 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $170,860.
- Outlook: With a local workforce of 300 Project Management Specialists and a Location Quotient of 0.56, the job market in Houma-Bayou Cane-Thibodaux, LA, suggests a moderately concentrated but stable demand for these professionals. While not as densely populated with these roles as the national average, the existing workforce indicates a consistent need for project management expertise within the local economy.
Salary Overview
The average Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA earns-5.6%below the national average.
$49.4
$1,978
$8,570
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA, have experienced growth over the past four years, mirroring national trends. Economic development and the increasing complexity of projects typically drive up demand and, consequently, compensation for skilled project managers.
Project Management Specialists Salary Distribution in Houma-Bayou Cane-Thibodaux, LA
Salary progression for Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA, typically scales significantly with experience. Entry-level positions will command lower salaries, while senior roles, with their increased responsibilities and proven track records, can earn substantially more. The percentile gaps in salary distribution reflect this career trajectory, rewarding seasoned professionals with higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,540 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $77,130 | $37.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,350 | $45.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $128,550 | $61.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $170,860 | $82.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$102,840
Gross Pay
Real Wage (Purchasing Power)
$102,840
Adjusted for COL (100)
The average annual salary of $102,840 in Houma-Bayou Cane-Thibodaux, LA, 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 standing relative to the cost of goods and services.
Job Market Context
300
Total Jobs
3.673
Per 1K Jobs
0.56
Location Quotient
Houma-Bayou Cane-Thibodaux, LA has 0.56x 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 0.56 indicates that Project Management Specialists are less concentrated in Houma-Bayou Cane-Thibodaux, LA, compared to the national average. This suggests that while the demand exists, the market is not saturated, potentially offering good opportunities for skilled professionals seeking employment in this region.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Project Management Specialists Salary | $89,580↓ 13% | 58 mi |
| Baton Rouge, LA Project Management Specialists Salary | $96,130↓ 7% | 65 mi |
| Hammond, LA Project Management Specialists Salary | $79,150↓ 23% | 66 mi |
| Slidell-Mandeville-Covington, LA Project Management Specialists Salary | $101,350↓ 1% | 74 mi |
| Lafayette, LA Project Management Specialists Salary | $93,130↓ 9% | 91 mi |
Comparing salaries near Houma-Bayou Cane-Thibodaux, LA
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Frequently Asked Questions
How much does a Project Management Specialists make in Houma-Bayou Cane-Thibodaux, LA?
The median annual salary for a Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA is $102,840. This typically ranges from $59,540 for entry-level positions to $170,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houma-Bayou Cane-Thibodaux, LA is 5.6% lower than the national median of $108,900.
Is Houma-Bayou Cane-Thibodaux, LA a lucrative place for Project Management Specialists?
Yes, with a stable cost of living.While the average salary is slightly below the national average, the local cost of living is also at the national average. This balance ensures that the $102,840 salary offers comparable purchasing power to the national median.
Is Houma-Bayou Cane-Thibodaux, LA a good place to live for Project Management Specialists?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houma-Bayou Cane-Thibodaux, LA?
Some top paying nearby cities include New Orleans-Metairie, LA ($89,580) and Baton Rouge, LA.
How does the local salary compare to the national average for Project Management Specialists?
The average annual salary for Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA, is $102,840, which is slightly lower than the national average of $108,900.
What is the concentration of Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA?
The Location Quotient for Project Management Specialists in Houma-Bayou Cane-Thibodaux, LA, is 0.56, indicating a lower concentration compared to the national average.
How many Project Management Specialists are there in Houma-Bayou Cane-Thibodaux, LA?
There are approximately 300 Project Management Specialists employed in the Houma-Bayou Cane-Thibodaux, LA area.
What is the cost of living in Houma-Bayou Cane-Thibodaux, LA for Project Management Specialists?
The Cost of Living Index in Houma-Bayou Cane-Thibodaux, LA, is 100, which is equivalent to the national average, meaning the $102,840 salary has average purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Houma-Bayou Cane-Thibodaux, LA area with a job density of 3.673 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 Houma-Bayou Cane-Thibodaux, LA