Average Project Management Specialists Salary in Midland, TX
Project Management Specialists in Midland, TX, command an average annual salary of $103,820. This figure is slightly below the national average of $108,900, but local economic factors and industry demand in Midland contribute to this competitive compensation. The specific needs of industries prevalent in the Midland area often necessitate skilled project management professionals, influencing local pay scales.
Executive Summary
- Average Salary: $103,820 per year.
- Growth Trend: Salaries have shifted 2.3% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,620.
- Outlook: The local job market for Project Management Specialists in Midland, TX, appears robust, with a total workforce of 820 individuals in this role. The Location Quotient of 1.06 indicates a slightly higher concentration of these specialists compared to the national average, suggesting a steady demand that aligns with or slightly exceeds national trends. The presence of nearly 7 Project Management Specialists per 1,000 workers further underscores the local significance of this profession.
Salary Overview
The average Project Management Specialists in Midland, TX earns-4.7%below the national average.
$49.9
$1,997
$8,652
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Midland is not provided, it is reasonable to assume that salaries for Project Management Specialists have experienced consistent growth over the past four years, mirroring national trends. Economic expansion, increased project complexity, and the ongoing need for efficient project execution typically drive salary increases in specialized roles like project management.
Project Management Specialists Salary Distribution in Midland, TX
Salary progression for Project Management Specialists in Midland, TX, is significantly influenced by experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, demanding extensive expertise and a proven track record, command substantially higher compensation. The percentile gaps in salary distribution clearly signify the career progression and increased earning potential as professionals advance through junior, mid-level, and senior project management tiers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,950 | $27.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $77,865 | $37.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,540 | $47.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $129,775 | $62.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,620 | $78.2 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$103,820
Gross Pay
Real Wage (Purchasing Power)
$103,820
Adjusted for COL (100)
The nominal average annual salary of $103,820 in Midland, TX, holds considerable purchasing power, as the local Cost of Living Index is exactly at the national average of 100. This means that the salary earned by a Project Management Specialist in Midland offers a lifestyle equivalent to the national average, without the added financial pressure of a higher cost of living.
Job Market Context
820
Total Jobs
6.894
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Midland, TX has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
With a Location Quotient of 1.06, Midland, TX, exhibits a slightly higher concentration of Project Management Specialists than the national average. This suggests a healthy and competitive job market where demand is present and potentially growing, offering good opportunities for both new entrants and experienced professionals seeking to advance their careers in project management within the region.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Odessa, TX Project Management Specialists Salary | $93,110↓ 10% | 17 mi |
Comparing salaries near Midland, TX
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Midland, TX?
The median annual salary for a Project Management Specialists in Midland, TX is $103,820. This typically ranges from $56,950 for entry-level positions to $162,620 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Midland, TX is 4.7% lower than the national median of $108,900.
Is Midland, TX a lucrative place for Project Management Specialists?
Yes, Midland, TX offers a lucrative environment for Project Management Specialists.The average salary of $103,820 is competitive, and the cost of living being at the national average ensures strong purchasing power for these earnings.
Is Midland, TX a good place to live for Project Management Specialists?
The Cost of Living Index in Midland, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Midland, TX?
Some top paying nearby cities include Odessa, TX ($93,110) and others.
How does the Midland salary compare to the national average?
The average salary for Project Management Specialists in Midland, TX, is $103,820, which is slightly lower than the national average of $108,900.
What is the concentration of Project Management Specialists in Midland, TX?
Midland, TX has a Location Quotient of 1.06 for Project Management Specialists, indicating a slightly higher concentration compared to the national average.
How does the cost of living in Midland, TX affect salary value?
The Cost of Living Index in Midland, TX, is 100, which is the national average, meaning the $103,820 salary has standard purchasing power.
What does the job market look like for Project Management Specialists in Midland, TX?
The market is robust with 820 specialists locally and a concentration slightly above the national average, suggesting consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Midland, TX area with a job density of 6.894 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 Midland, TX