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Average Project Management Specialists Salary in Mankato, MN

The average salary for Project Management Specialistss in Mankato, MN is $85,640. While this is lower than the national average, the cost of living in Mankato, MN may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $85,640 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,020.
  • Outlook: The current demand for Project Management Specialistss is stable, with a local workforce of approximately 180 professionals. With a high job density of 3.225 per 1,000 jobs, there is a strong concentration of opportunities in this sector.
2024 Market Data

Salary Overview

$85,640

The average Project Management Specialists in Mankato, MN earns-21.4%below the national average.

BreakdownBased on 40h/week
Hourly

$41.2

Weekly

$1,647

Monthly

$7,137

Project Management Specialists Salary Distribution in Mankato, MN

The earning potential for Project Management Specialistss in Mankato, MN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $55,850, while highly experienced professionals can command wages upwards of $124,020.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$55,850$26.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,230$30.9
ManagerOversees team, compliance, and project delivery.50% (Median)$78,840$37.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$107,050$51.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$124,020$59.6

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$85,640

Gross Pay

Real Wage (Purchasing Power)

$85,640

Adjusted for COL (100)

In Mankato, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $85,640 to $85,640.

Job Market Context

180

Total Jobs

3.225

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Mankato, MN has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

180 people work as Project Management Specialists in Mankato, MN.

Moderate density — roughly 3.225 out of every 1,000 local jobs are in this profession.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Mankato, MN

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Mankato, MN?

The median annual salary for a Project Management Specialists in Mankato, MN is $85,640. This typically ranges from $55,850 for entry-level positions to $124,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 21.4% lower than the national median of $108,900.

Is Mankato, MN a good place for Project Management Specialistss?

It depends on your priorities. While the average Project Management Specialists salary in Mankato, MN is $85,640 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Mankato, MN. See distinct detailed breakdown below.

Is Mankato, MN a good place to live for Project Management Specialists?

The Cost of Living Index in Mankato, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mankato, MN?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($104,170) and Rochester, MN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Mankato, MN area with a job density of 3.225 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.