SalaryNode

Average Project Management Specialists Salary in Milwaukee-Waukesha, WI

Project Management Specialists in the Milwaukee-Waukesha, WI area earn an average annual salary of $103,290. This figure is slightly below the national average of $108,900, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the metropolitan area.

Executive Summary

  • Average Salary: $103,290 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,990.
  • Outlook: With a total local workforce of 6,150 Project Management Specialists, Milwaukee-Waukesha demonstrates a significant presence in this field. The Location Quotient of 1.15 indicates a concentration of these roles that is 15% higher than the national average, pointing to a robust and potentially growing job market for project management professionals in the region.
2024 Market Data

Salary Overview

$103,290

The average Project Management Specialists in Milwaukee-Waukesha, WI earns-5.2%below the national average.

BreakdownBased on 40h/week
Hourly

$49.7

Weekly

$1,986

Monthly

$8,608

Project Management Specialists Salary Distribution in Milwaukee-Waukesha, WI

Salary progression for Project Management Specialists in Milwaukee-Waukesha typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive project portfolios and leadership experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$62,210$29.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$77,468$37.2
ManagerOversees team, compliance, and project delivery.50% (Median)$96,650$46.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$129,113$62.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$159,990$76.9

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$103,290

Gross Pay

Real Wage (Purchasing Power)

$103,290

Adjusted for COL (100)

The average annual salary of $103,290 in Milwaukee-Waukesha 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 standard, offering a stable financial environment for residents.

Job Market Context

6,150

Total Jobs

7.505

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, Milwaukee-Waukesha, WI has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.

A Location Quotient of 1.15 signifies that Project Management Specialists are more concentrated in Milwaukee-Waukesha than the national average. This suggests a healthy demand for these professionals, potentially leading to a competitive job market where employers actively seek skilled individuals, but also indicating a strong community of practice and potential for networking.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Milwaukee-Waukesha, WI

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Milwaukee-Waukesha, WI?

The median annual salary for a Project Management Specialists in Milwaukee-Waukesha, WI is $103,290. This typically ranges from $62,210 for entry-level positions to $159,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Milwaukee-Waukesha, WI is 5.2% lower than the national median of $108,900.

Is Milwaukee-Waukesha, WI a lucrative place for Project Management Specialists?

Yes, it offers competitive compensation relative to its cost of living.Project Management Specialists earn an average of $103,290, which holds strong purchasing power due to the local cost of living being at the national average. The higher-than-average concentration of these roles also indicates a favorable job market.

Is Milwaukee-Waukesha, WI a good place to live for Project Management Specialists?

The Cost of Living Index in Milwaukee-Waukesha, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Milwaukee-Waukesha, WI?

Some top paying nearby cities include Racine-Mount Pleasant, WI ($95,590) and Kenosha, WI.

How does the Milwaukee-Waukesha salary compare to the national average?

The average salary for Project Management Specialists in Milwaukee-Waukesha is $103,290, which is slightly lower than the national average of $108,900.

What is the concentration of Project Management Specialists in Milwaukee-Waukesha?

The Location Quotient is 1.15, meaning there is a 15% higher concentration of Project Management Specialists in Milwaukee-Waukesha compared to the national average.

How does the cost of living in Milwaukee-Waukesha affect salary value?

With a Cost of Living Index of 100, the national average, the $103,290 salary in Milwaukee-Waukesha offers purchasing power equivalent to the national standard.

What does the job market look like for Project Management Specialists in this area?

The market is robust, with a significant local workforce and a concentration of roles above the national average, suggesting good demand and opportunity.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,150 employees in the Milwaukee-Waukesha, WI area with a job density of 7.505 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.