Average Project Management Specialists Salary in Little Rock-North Little Rock-Conway, AR
Project Management Specialists in the Little Rock-North Little Rock-Conway, AR area earn an average annual salary of $80,910. This figure is notably below the national average of $108,900, reflecting regional economic factors and a slightly lower concentration of these specialized roles compared to the national landscape. The local job market dynamics and industry demand play a significant role in shaping compensation within this metropolitan area.
Executive Summary
- Average Salary: $80,910 per year.
- Growth Trend: Salaries have shifted 14.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,910.
- Outlook: The Little Rock-North Little Rock-Conway, AR area supports a local workforce of 1,850 Project Management Specialists. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of over 5 jobs per 1,000 workers indicates a consistent need for project management expertise within the region's economic structure.
Salary Overview
The average Project Management Specialists in Little Rock-North Little Rock-Conway, AR earns-25.7%below the national average.
$38.9
$1,556
$6,743
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists in Little Rock, as in most markets, have experienced a steady upward trend over the past four years. This growth is typically driven by increasing project complexity, the demand for skilled professionals, and general economic expansion, leading to incremental salary increases year over year.
Project Management Specialists Salary Distribution in Little Rock-North Little Rock-Conway, AR
Career progression for Project Management Specialists in Little Rock is clearly reflected in salary differentials. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command significantly higher salaries. The percentile gaps between junior and senior roles highlight the substantial earning potential and career advancement opportunities available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,890 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $60,683 | $29.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,720 | $35.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $101,138 | $48.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,910 | $62.5 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$80,910
Gross Pay
Real Wage (Purchasing Power)
$80,910
Adjusted for COL (100)
For professionals considering a move to Little Rock-North Little Rock-Conway, AR, the average salary of $80,910 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary is equivalent to the national average, offering a stable financial foundation without the immediate pressure of higher or lower living expenses.
Job Market Context
1,850
Total Jobs
5.246
Per 1K Jobs
0.8
Location Quotient
Little Rock-North Little Rock-Conway, AR has 0.80x 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 0.8 for Project Management Specialists in Little Rock indicates that the concentration of these roles is slightly less than the national average. This suggests that while opportunities exist, the market may be less saturated than in major hubs, potentially offering a competitive edge for skilled professionals seeking employment. It implies a balanced market where demand is present but not overwhelmingly concentrated.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Project Management Specialists Salary | $81,280↑ 0% | 17 mi |
| North Arkansas nonmetropolitan area Project Management Specialists Salary | $75,290↓ 7% | 17 mi |
| West Arkansas nonmetropolitan area Project Management Specialists Salary | $84,700↑ 5% | 17 mi |
| East Arkansas nonmetropolitan area Project Management Specialists Salary | $80,340↓ 1% | 17 mi |
| Hot Springs, AR Project Management Specialists Salary | $74,800↓ 8% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Project Management Specialists in Little Rock-North Little Rock-Conway, AR is $80,910. This typically ranges from $40,890 for entry-level positions to $129,910 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 25.7% lower than the national median of $108,900.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to the national average.While the average salary of $80,910 is solid, it falls below the national average of $108,900, indicating less lucrative compensation in this specific metropolitan area.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Project Management Specialists?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($81,280) and North Arkansas nonmetropolitan area.
How does the local salary compare to the national average?
The average salary for Project Management Specialists in Little Rock ($80,910) is approximately 26% lower than the national average ($108,900).
What is the Cost of Living in Little Rock-North Little Rock-Conway, AR?
The Cost of Living Index for Little Rock-North Little Rock-Conway, AR is 100, which is exactly the national average.
How many Project Management Specialists are there in the Little Rock area?
There are approximately 1,850 Project Management Specialists employed within the Little Rock-North Little Rock-Conway, AR metropolitan area.
Is the concentration of Project Management Specialists high in Little Rock?
No, the concentration, measured by the Location Quotient of 0.8, is slightly below the national average, indicating a moderate presence of these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,850 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 5.246 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Project Management Specialists Salaries by State
Top Jobs in Little Rock-North Little Rock-Conway, AR
- All Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Office and Administrative Support Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Transportation and Material Moving Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Sales and Related Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Healthcare Practitioners and Technical Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Food Preparation and Serving Related Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Management Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Business and Financial Operations Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Educational Instruction and Library Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Production Occupations Salary in Little Rock-North Little Rock-Conway, AR
- Browse All Jobs in Little Rock-North Little Rock-Conway, AR →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Little Rock-North Little Rock-Conway, AR