SalaryNode

Average Project Management Specialists Salary in Louisville/Jefferson County, KY-IN

Project Management Specialists in Louisville/Jefferson County, KY-IN earn an average annual salary of $88,420. This figure is notably below the national average of $108,900, suggesting that local market dynamics and potentially industry-specific demand play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $88,420 per year.
  • Growth Trend: Salaries have shifted 3.5% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,500.
  • Outlook: With a local workforce of 3,340 Project Management Specialists, the Louisville/Jefferson County area demonstrates a substantial presence in this field. The Location Quotient of 0.75 indicates a slightly lower concentration compared to the national average, implying that while the profession is established, it may not be as hyper-concentrated as in some other major metropolitan areas.
2024 Market Data

Salary Overview

$88,420

The average Project Management Specialists in Louisville/Jefferson County, KY-IN earns-18.8%below the national average.

BreakdownBased on 40h/week
Hourly

$42.5

Weekly

$1,700

Monthly

$7,368

Project Management Specialists Salary Distribution in Louisville/Jefferson County, KY-IN

Salary progression for Project Management Specialists typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior roles with extensive experience and proven track records command salaries in the higher percentiles. The gap between these percentile ranges signifies the career advancement opportunities available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,670$24.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,315$31.9
ManagerOversees team, compliance, and project delivery.50% (Median)$82,490$39.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$110,525$53.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$130,500$62.7

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$88,420

Gross Pay

Real Wage (Purchasing Power)

$88,420

Adjusted for COL (100)

The average annual salary of $88,420 in Louisville/Jefferson County, KY-IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. 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

3,340

Total Jobs

4.874

Per 1K Jobs

0.75

Location Quotient

Below Average

Louisville/Jefferson County, KY-IN has 0.75x 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 0.75 for Project Management Specialists in Louisville/Jefferson County suggests that the job market here is neither overly saturated nor exceptionally scarce compared to the national landscape. This moderate concentration indicates a balanced environment where opportunities likely exist without intense competition for every available role.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Elizabethtown, KY Project Management Specialists Salary$81,720↓ 8%39 mi
Columbus, IN Project Management Specialists Salary$102,930↑ 16%67 mi
Central Kentucky nonmetropolitan area Project Management Specialists Salary$89,350↑ 1%72 mi
South Central Kentucky nonmetropolitan area Project Management Specialists Salary$80,540↓ 9%72 mi
West Kentucky nonmetropolitan area Project Management Specialists Salary$83,550↓ 6%72 mi

Comparing salaries near Louisville/Jefferson County, KY-IN

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Louisville/Jefferson County, KY-IN?

The median annual salary for a Project Management Specialists in Louisville/Jefferson County, KY-IN is $88,420. This typically ranges from $51,670 for entry-level positions to $130,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisville/Jefferson County, KY-IN is 18.8% lower than the national median of $108,900.

Is Louisville/Jefferson County, KY-IN a lucrative place for Project Management Specialists?

No, not exceptionally lucrative compared to the national average.While the average salary of $88,420 is substantial, it falls below the national average of $108,900. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Louisville/Jefferson County, KY-IN a good place to live for Project Management Specialists?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Louisville/Jefferson County, KY-IN?

Some top paying nearby cities include Elizabethtown, KY ($81,720) and Columbus, IN.

How does the Louisville/Jefferson County salary compare to the national average?

The average salary for Project Management Specialists in Louisville/Jefferson County is $88,420, which is approximately 19% lower than the national average of $108,900.

What is the concentration of Project Management Specialists in Louisville/Jefferson County?

The Location Quotient is 0.75, indicating that the concentration of Project Management Specialists in Louisville/Jefferson County is slightly below the national average.

How does the cost of living affect the salary in Louisville/Jefferson County?

With a Cost of Living Index of 100, the local cost of living is exactly at the national average. Therefore, the $88,420 salary has the same purchasing power as the national average salary.

How many Project Management Specialists are there in Louisville/Jefferson County?

There are approximately 3,340 Project Management Specialists employed in the Louisville/Jefferson County area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,340 employees in the Louisville/Jefferson County, KY-IN area with a job density of 4.874 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Louisville/Jefferson County, KY-IN

Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Louisville/Jefferson County, KY-IN