Average Project Management Specialists Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
Project Management Specialists in the Myrtle Beach-Conway-North Myrtle Beach, SC area earn an average annual salary of $82,590. This figure is notably below the national average of $108,900, reflecting regional economic factors and potentially a different demand structure for project management roles in this specific locale. The local job market dynamics and industry concentration play a significant role in shaping compensation.
Executive Summary
- Average Salary: $82,590 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $130,850.
- Outlook: With a local workforce of 530 Project Management Specialists, the concentration, indicated by a Location Quotient of 0.56, suggests a less dense presence compared to national averages. While the number of jobs per 1,000 workers stands at 3.666, the lower LQ implies that while the profession exists, it may not be as dominant or in as high demand as in other, more concentrated metropolitan areas, indicating a moderate but not exceptionally robust job market.
Salary Overview
The average Project Management Specialists in Myrtle Beach-Conway-North Myrtle Beach, SC earns-24.2%below the national average.
$39.7
$1,588
$6,883
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this region is not provided, it is generally assumed that salaries for Project Management Specialists have seen a steady upward trend over the past four years, mirroring national patterns of professional wage growth. Economic recovery, increased project complexity, and a growing reliance on skilled project managers likely contribute to incremental salary increases year over year, even in markets with lower concentrations.
Project Management Specialists Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with extensive experience and specialized certifications can command salaries well above the average. The percentile gaps in salary distribution highlight the substantial career growth potential and the rewards associated with advancing to senior or lead project management roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,000 | $24 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $61,943 | $29.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,610 | $35.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $103,238 | $49.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $130,850 | $62.9 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$82,590
Gross Pay
Real Wage (Purchasing Power)
$82,590
Adjusted for COL (100)
The average annual salary of $82,590 for Project Management Specialists in Myrtle Beach-Conway-North Myrtle Beach, SC, aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that while the salary is lower than the national average, the cost of living does not exacerbate the difference, providing a stable financial footing for residents.
Job Market Context
530
Total Jobs
3.666
Per 1K Jobs
0.56
Location Quotient
Myrtle Beach-Conway-North Myrtle Beach, SC has 0.56x 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 0.56 indicates that Project Management Specialists are less concentrated in the Myrtle Beach-Conway-North Myrtle Beach, SC area than the national average. This suggests a less competitive market for these professionals, potentially offering more opportunities for individuals entering the field or those seeking to transition. However, it also implies a smaller pool of specialized talent, which could influence the types of projects available and the overall demand.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Florence, SC Project Management Specialists Salary | $94,660↑ 15% | 61 mi |
| Wilmington, NC Project Management Specialists Salary | $95,360↑ 15% | 67 mi |
| Charleston-North Charleston, SC Project Management Specialists Salary | $101,960↑ 23% | 88 mi |
| Sumter, SC Project Management Specialists Salary | $90,410↑ 9% | 88 mi |
| Fayetteville, NC Project Management Specialists Salary | $95,630↑ 16% | 95 mi |
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
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Frequently Asked Questions
How much does a Project Management Specialists make in Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Project Management Specialists in Myrtle Beach-Conway-North Myrtle Beach, SC is $82,590. This typically ranges from $50,000 for entry-level positions to $130,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 24.2% lower than the national median of $108,900.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Project Management Specialists?
No, not compared to the national average.The average salary of $82,590 is significantly lower than the national average of $108,900, although the cost of living is on par with the national average.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Project Management Specialists?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($94,660) and Wilmington, NC.
How does the local salary compare to the national average?
The average annual salary for Project Management Specialists in Myrtle Beach-Conway-North Myrtle Beach, SC is $82,590, which is considerably lower than the national average of $108,900.
What is the job market like for Project Management Specialists in this area?
The job market is moderately present, with 3.666 jobs per 1,000 workers and a lower-than-average concentration (Location Quotient of 0.56), suggesting fewer specialists relative to the national landscape.
Does the cost of living affect the perceived value of the salary?
No, the cost of living in Myrtle Beach-Conway-North Myrtle Beach, SC is at the national average (100), meaning the $82,590 salary has equivalent purchasing power to the national average salary.
How many Project Management Specialists are there in the Myrtle Beach area?
There are approximately 530 Project Management Specialists employed within the Myrtle Beach-Conway-North Myrtle Beach, SC 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 530 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 3.666 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 Myrtle Beach-Conway-North Myrtle Beach, SC