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Average Project Management Specialists Salary in Morgantown, WV

Project Management Specialists in Morgantown, WV, earn an average annual salary of $89,480. This figure is notably below the national average of $108,900, reflecting localized market dynamics and potentially a different industry focus within the region. The specific economic landscape and demand for project management expertise in Morgantown contribute to this salary differential.

Executive Summary

  • Average Salary: $89,480 per year.
  • Growth Trend: Salaries have shifted 21.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $133,600.
  • Outlook: With a total local workforce of 250 Project Management Specialists, Morgantown presents a niche market. The Location Quotient of 0.58 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the demand may not be as robust as in larger metropolitan areas. The presence of 3.794 jobs per 1,000 workers signifies a steady, albeit not explosive, job market for these professionals.
2024 Market Data

Salary Overview

$89,480

The average Project Management Specialists in Morgantown, WV earns-17.8%below the national average.

BreakdownBased on 40h/week
Hourly

$43

Weekly

$1,721

Monthly

$7,457

Project Management Specialists Salary Distribution in Morgantown, WV

Salary progression for Project Management Specialists in Morgantown is significantly influenced by experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive project portfolios and leadership experience command salaries in the upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on accumulated expertise and demonstrated success in managing complex projects.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$52,520$25.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,110$32.3
ManagerOversees team, compliance, and project delivery.50% (Median)$79,270$38.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$111,850$53.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$133,600$64.2

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$89,480

Gross Pay

Real Wage (Purchasing Power)

$89,480

Adjusted for COL (100)

The average annual salary of $89,480 for Project Management Specialists in Morgantown aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Morgantown-based salary is equivalent to the national average, offering a stable financial environment for professionals considering a move to the area. While the nominal salary is lower than the national average, the cost of living parity ensures that the real value of the earnings is maintained.

Job Market Context

250

Total Jobs

3.794

Per 1K Jobs

0.58

Location Quotient

Below Average

Morgantown, WV has 0.58x 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 0.58 for Project Management Specialists in Morgantown suggests that the job market is less concentrated than the national average. This indicates that while there are dedicated roles for these professionals, the field is not as saturated as in major hubs. Employers may find it more challenging to recruit specialized talent locally, potentially leading to competitive offers for highly qualified individuals, but overall, the market is not characterized by an overabundance of opportunities.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Morgantown, WV

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Morgantown, WV?

The median annual salary for a Project Management Specialists in Morgantown, WV is $89,480. This typically ranges from $52,520 for entry-level positions to $133,600 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Morgantown, WV is 17.8% lower than the national median of $108,900.

Is Morgantown, WV a lucrative place for Project Management Specialists?

No, not when compared to the national average.Project Management Specialists in Morgantown earn $89,480 annually, which is below the national average of $108,900. However, the cost of living is on par with the national average, mitigating some of the salary disparity.

Is Morgantown, WV a good place to live for Project Management Specialists?

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

Where are the highest paying cities near Morgantown, WV?

Some top paying nearby cities include Wheeling, WV-OH ($89,570) and Pittsburgh, PA.

How does Morgantown's Project Management Specialist salary compare to the national average?

The average salary in Morgantown is $89,480, which is approximately 18% lower than the national average of $108,900.

What is the Cost of Living in Morgantown, WV?

Morgantown's Cost of Living Index is 100, which is exactly the national average. This means everyday expenses are comparable to the rest of the country.

Is there high demand for Project Management Specialists in Morgantown?

With a Location Quotient of 0.58, the concentration of Project Management Specialists is lower than the national average, indicating a moderate but not exceptionally high demand.

How many Project Management Specialists are there in Morgantown?

The total local workforce for Project Management Specialists in Morgantown is approximately 250 individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Morgantown, WV area with a job density of 3.794 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.