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Average Project Management Specialists Salary in Lower East Mississippi nonmetropolitan area

Project Management Specialists in the Lower East Mississippi nonmetropolitan area earn an average annual salary of $86,350. This figure is notably below the national average of $108,900, a disparity often influenced by the unique economic drivers and industry concentration within nonmetropolitan regions. Factors such as local demand, industry mix, and the overall economic landscape of the area contribute to this salary differential.

Executive Summary

  • Average Salary: $86,350 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $128,320.
  • Outlook: The job market for Project Management Specialists in the Lower East Mississippi nonmetropolitan area, with a total local workforce of 260, indicates a specialized niche. The Location Quotient of 0.33 suggests that this role is less concentrated here compared to the national average, implying a potentially stable but not overly saturated demand for these professionals within the local economy.
2024 Market Data

Salary Overview

$86,350

The average Project Management Specialists in Lower East Mississippi nonmetropolitan area earns-20.7%below the national average.

BreakdownBased on 40h/week
Hourly

$41.5

Weekly

$1,661

Monthly

$7,196

Project Management Specialists Salary Distribution in Lower East Mississippi nonmetropolitan area

Salary progression for Project Management Specialists is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive project portfolios and leadership experience can expect significantly higher compensation. The percentile gaps in salary distribution clearly signify the career advancement opportunities and the increasing value placed on expertise as one moves from junior to senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,780$22.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,763$31.1
ManagerOversees team, compliance, and project delivery.50% (Median)$81,350$39.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$107,938$51.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$128,320$61.7

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$86,350

Gross Pay

Real Wage (Purchasing Power)

$86,350

Adjusted for COL (100)

The nominal average salary of $86,350 in the Lower East Mississippi nonmetropolitan area 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 standing relative to the cost of goods and services.

Job Market Context

260

Total Jobs

2.129

Per 1K Jobs

0.33

Location Quotient

Low Concentration

At 0.33x, Lower East Mississippi nonmetropolitan area has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.33, Project Management Specialist roles are significantly less concentrated in the Lower East Mississippi nonmetropolitan area than the national average. This indicates that the job market is not saturated, and while opportunities may be fewer than in metropolitan hubs, the demand for these specialized skills is present, potentially offering less competition for qualified candidates.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Jackson, MS Project Management Specialists Salary$82,450 5%43 mi

Comparing salaries near Lower East Mississippi nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Lower East Mississippi nonmetropolitan area?

The median annual salary for a Project Management Specialists in Lower East Mississippi nonmetropolitan area is $86,350. This typically ranges from $46,780 for entry-level positions to $128,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lower East Mississippi nonmetropolitan area is 20.7% lower than the national median of $108,900.

Is Lower East Mississippi nonmetropolitan area a lucrative place for Project Management Specialists?

No, not when compared to national averages.The average salary of $86,350 is substantially lower than the national average of $108,900, although the cost of living is on par with the national average.

Is Lower East Mississippi nonmetropolitan area a good place to live for Project Management Specialists?

The Cost of Living Index in Lower East Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lower East Mississippi nonmetropolitan area?

Some top paying nearby cities include Jackson, MS ($82,450) and others.

How does the local workforce size affect Project Management Specialist jobs?

A local workforce of 260 suggests a smaller, more specialized market for Project Management Specialists, potentially leading to fewer but more targeted opportunities.

What does a Location Quotient of 0.33 mean for Project Management Specialists?

A Location Quotient of 0.33 indicates that Project Management Specialists are less common in this area compared to the national average, suggesting a niche market.

How does the Cost of Living Index impact salary perception?

With a Cost of Living Index of 100, the $86,350 salary offers purchasing power equivalent to the national average, making it relatively stable despite being below the national salary benchmark.

Are there many Project Management Specialist jobs per 1,000 workers in this area?

With 2.129 jobs per 1,000 workers, the density of Project Management Specialist roles is present, though not as high as in more concentrated metropolitan areas.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Lower East Mississippi nonmetropolitan area area with a job density of 2.129 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.