Average Project Management Specialists Salary in Lakeland-Winter Haven, FL
Project Management Specialists in Lakeland-Winter Haven, FL earn an average annual salary of $95,740. This figure is notably below the national average of $108,900, suggesting that local market dynamics and industry demand play a significant role in compensation within this Florida region.
Executive Summary
- Average Salary: $95,740 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $145,220.
- Outlook: With a local workforce of 1,160 Project Management Specialists, the Lakeland-Winter Haven area demonstrates a moderate concentration of these professionals. The Location Quotient of 0.68 indicates a slightly lower presence compared to the national average, suggesting that while the role is established, it may not be as saturated as in other major metropolitan hubs.
Salary Overview
The average Project Management Specialists in Lakeland-Winter Haven, FL earns-12.1%below the national average.
$46
$1,841
$7,978
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists across the nation, including in regions like Lakeland-Winter Haven, have experienced steady growth over the past four years. This trend is driven by increasing project complexity, the demand for skilled management, and inflation.
Project Management Specialists Salary Distribution in Lakeland-Winter Haven, FL
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior specialists with extensive project portfolios and leadership experience can command salaries well into the upper percentiles, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,180 | $25.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,805 | $34.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $90,120 | $43.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,675 | $57.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $145,220 | $69.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$95,740
Gross Pay
Real Wage (Purchasing Power)
$95,740
Adjusted for COL (100)
The average annual salary of $95,740 in Lakeland-Winter Haven, FL, aligns precisely 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 area is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.
Job Market Context
1,160
Total Jobs
4.434
Per 1K Jobs
0.68
Location Quotient
Lakeland-Winter Haven, FL 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.
The Location Quotient of 0.68 for Project Management Specialists in Lakeland-Winter Haven, FL, signifies that the concentration of these roles is below the national average. This suggests a less competitive market in terms of the sheer number of specialists per capita, potentially offering opportunities for those seeking roles in a less saturated environment.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| North Florida nonmetropolitan area Project Management Specialists Salary | $100,900↑ 5% | 26 mi |
| South Florida nonmetropolitan area Project Management Specialists Salary | $99,130↑ 4% | 26 mi |
| Tampa-St. Petersburg-Clearwater, FL Project Management Specialists Salary | $102,510↑ 7% | 32 mi |
| Orlando-Kissimmee-Sanford, FL Project Management Specialists Salary | $105,170↑ 10% | 48 mi |
| Wildwood-The Villages, FL Project Management Specialists Salary | $96,280↑ 1% | 50 mi |
Comparing salaries near Lakeland-Winter Haven, FL
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Lakeland-Winter Haven, FL?
The median annual salary for a Project Management Specialists in Lakeland-Winter Haven, FL is $95,740. This typically ranges from $53,180 for entry-level positions to $145,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lakeland-Winter Haven, FL is 12.1% lower than the national median of $108,900.
Is Lakeland-Winter Haven, FL a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to the national average.While the average salary of $95,740 is substantial, it falls below the national average of $108,900. However, the cost of living being at the national average (100) means the salary's purchasing power is equivalent nationally.
Is Lakeland-Winter Haven, FL a good place to live for Project Management Specialists?
The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lakeland-Winter Haven, FL?
Some top paying nearby cities include North Florida nonmetropolitan area ($100,900) and South Florida nonmetropolitan area.
How does the number of Project Management Specialists in Lakeland-Winter Haven compare nationally?
Lakeland-Winter Haven has a total local workforce of 1,160 Project Management Specialists, with 4.434 jobs per 1,000 workers, which is slightly below the national average concentration.
What is the significance of the Location Quotient (LQ) for Project Management Specialists in this area?
An LQ of 0.68 indicates that Project Management Specialists are less concentrated in Lakeland-Winter Haven compared to the national average. This could imply fewer job openings relative to the national landscape, but also potentially less competition for available roles.
How does experience impact a Project Management Specialist's salary in Lakeland-Winter Haven?
As with most professions, experience significantly boosts earning potential. Entry-level specialists will earn less, while senior specialists with proven track records and advanced certifications can command higher salaries, reflecting their expertise and value to employers.
Is the cost of living a major factor for Project Management Specialists in Lakeland-Winter Haven?
The cost of living index is exactly 100, which is the national average. This means that the $95,740 average salary offers a purchasing power that is on par with the national average, making it neither exceptionally high nor low in terms of affordability.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,160 employees in the Lakeland-Winter Haven, FL area with a job density of 4.434 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 Lakeland-Winter Haven, FL