Average Project Management Specialists Salary in Manchester-Nashua, NH
Project Management Specialists in the Manchester-Nashua, NH area earn an average annual salary of $96,290. 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. While the nominal salary is lower, understanding the cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $96,290 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,980.
- Outlook: With a local workforce of 1,140 Project Management Specialists, Manchester-Nashua exhibits a concentration slightly below the national average, indicated by a Location Quotient of 0.86. This suggests a stable, though not exceptionally dense, presence of these professionals. The rate of 5.618 jobs per 1,000 workers points to a consistent demand for project management expertise within the area's economic landscape.
Salary Overview
The average Project Management Specialists in Manchester-Nashua, NH earns-11.6%below the national average.
$46.3
$1,852
$8,024
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 United States, including Manchester-Nashua, have experienced a steady upward trend over the past four years. This growth is typically driven by increasing project complexity, the evolving demands of various industries, and a continuous need for skilled professionals to oversee critical initiatives.
Project Management Specialists Salary Distribution in Manchester-Nashua, NH
Salary progression for Project Management Specialists is intrinsically linked to experience. Entry-level positions typically command salaries at the lower end of the pay scale, while seasoned professionals with extensive track records and specialized skills can expect significantly higher compensation. The percentile distribution of salaries, though not detailed here, would illustrate these gaps, clearly signifying the career growth and earning potential from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,030 | $27.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,218 | $34.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $91,570 | $44 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $120,363 | $57.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $135,980 | $65.4 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$96,290
Gross Pay
Real Wage (Purchasing Power)
$96,290
Adjusted for COL (100)
The average annual salary of $96,290 for Project Management Specialists in Manchester-Nashua, NH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, 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 rest of the country.
Job Market Context
1,140
Total Jobs
5.618
Per 1K Jobs
0.86
Location Quotient
Manchester-Nashua, NH has 0.86x 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 0.86 indicates that Project Management Specialists are slightly less concentrated in Manchester-Nashua compared to the national average. This suggests that while the profession is present and valued, the market may not be oversaturated, potentially offering good opportunities for skilled individuals. It implies a balanced demand-supply dynamic rather than intense competition or scarcity.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Project Management Specialists Salary | $87,790↓ 9% | 33 mi |
| Northern New Hampshire nonmetropolitan area Project Management Specialists Salary | $84,690↓ 12% | 33 mi |
| Southwestern New Hampshire nonmetropolitan area Project Management Specialists Salary | $83,610↓ 13% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Project Management Specialists Salary | $120,130↑ 25% | 50 mi |
| Massachusetts nonmetropolitan area Project Management Specialists Salary | $96,210↓ 0% | 52 mi |
Comparing salaries near Manchester-Nashua, NH
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Frequently Asked Questions
How much does a Project Management Specialists make in Manchester-Nashua, NH?
The median annual salary for a Project Management Specialists in Manchester-Nashua, NH is $96,290. This typically ranges from $58,030 for entry-level positions to $135,980 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 11.6% lower than the national median of $108,900.
Is Manchester-Nashua, NH a lucrative place for Project Management Specialists?
No, not significantly more lucrative than the national average.While the average salary of $96,290 is substantial, it falls below the national average of $108,900. However, the cost of living is exactly at the national average, meaning the purchasing power is comparable.
Is Manchester-Nashua, NH a good place to live for Project Management Specialists?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($87,790) and Northern New Hampshire nonmetropolitan area.
How does the Manchester-Nashua salary compare to the national average?
The average salary for Project Management Specialists in Manchester-Nashua, NH, is $96,290, which is approximately 11.6% lower than the national average of $108,900.
What is the Cost of Living in Manchester-Nashua, NH for Project Management Specialists?
The Cost of Living Index in Manchester-Nashua, NH, is 100, which is exactly the national average. This means that the general cost of goods and services is on par with the rest of the country.
How concentrated is the Project Management Specialist job market in Manchester-Nashua, NH?
The concentration of Project Management Specialists in Manchester-Nashua, NH, is slightly below the national average, with a Location Quotient of 0.86. This suggests a moderate presence of these professionals in the local workforce.
What is the total number of Project Management Specialists in Manchester-Nashua, NH?
There are approximately 1,140 Project Management Specialists employed within the Manchester-Nashua, NH, metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,140 employees in the Manchester-Nashua, NH area with a job density of 5.618 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 Manchester-Nashua, NH