Average Project Management Specialists Salary in New Haven, CT
Project Management Specialists in New Haven, CT, earn an average annual salary of $107,610. This figure is slightly below the national average of $108,900, indicating a competitive but not premium compensation landscape. Local economic factors and industry demand within the New Haven area likely contribute to this specific pay scale.
Executive Summary
- Average Salary: $107,610 per year.
- Growth Trend: Salaries have shifted 18.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $149,350.
- Outlook: With a local workforce of 1,310 Project Management Specialists, New Haven presents a moderately sized professional community. The Location Quotient of 0.71 suggests that the concentration of these roles is slightly below the national average, implying a stable but not exceptionally high demand relative to other professions in the area.
Salary Overview
The average Project Management Specialists in New Haven, CT earns-1.2%below the national average.
$51.7
$2,069
$8,968
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists in New Haven, CT, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, evolving methodologies, and the persistent need for skilled professionals to manage initiatives effectively.
Project Management Specialists Salary Distribution in New Haven, CT
Salary progression for Project Management Specialists in New Haven, CT, is strongly tied to experience. Entry-level positions typically start at the lower end of the pay scale, while senior roles, commanding higher salaries, reflect accumulated expertise and a proven track record of successful project delivery. The percentile gaps in earnings clearly signify the career advancement opportunities available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,920 | $32.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,708 | $38.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,990 | $50.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $134,513 | $64.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $149,350 | $71.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$107,610
Gross Pay
Real Wage (Purchasing Power)
$107,610
Adjusted for COL (100)
The average annual salary of $107,610 in New Haven, CT, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Project Management Specialist's salary in New Haven is equivalent to the national average, offering a balanced financial environment for residents.
Job Market Context
1,310
Total Jobs
4.632
Per 1K Jobs
0.71
Location Quotient
New Haven, CT has 0.71x 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 0.71 for Project Management Specialists in New Haven, CT, indicates that the profession is less concentrated here compared to the national average. This suggests that while opportunities exist, the market may not be saturated, potentially offering a good balance for job seekers looking for roles without extreme competition.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT Project Management Specialists Salary | $116,850↑ 9% | 16 mi |
| Waterbury-Shelton, CT Project Management Specialists Salary | $106,900↓ 1% | 18 mi |
| Connecticut nonmetropolitan area Project Management Specialists Salary | $109,360↑ 2% | 22 mi |
| Hartford-West Hartford-East Hartford, CT Project Management Specialists Salary | $110,480↑ 3% | 34 mi |
| Norwich-New London-Willimantic, CT Project Management Specialists Salary | $113,400↑ 5% | 46 mi |
Comparing salaries near New Haven, CT
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in New Haven, CT?
The median annual salary for a Project Management Specialists in New Haven, CT is $107,610. This typically ranges from $66,920 for entry-level positions to $149,350 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New Haven, CT is 1.2% lower than the national median of $108,900.
Is New Haven, CT a lucrative place for Project Management Specialists?
Yes, it offers a competitive salary.Project Management Specialists in New Haven earn $107,610 annually, which is very close to the national average. Coupled with a Cost of Living Index at the national average, this makes New Haven a financially stable location for these professionals.
Is New Haven, CT a good place to live for Project Management Specialists?
The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New Haven, CT?
Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($116,850) and Waterbury-Shelton, CT.
How does the New Haven Project Management Specialist salary compare to the national average?
The average annual salary for Project Management Specialists in New Haven, CT, is $107,610, which is slightly lower than the national average of $108,900.
What is the concentration of Project Management Specialists in New Haven, CT?
The Location Quotient for Project Management Specialists in New Haven is 0.71, meaning the concentration of these jobs is 29% lower than the national average.
How does the cost of living in New Haven affect salary perception?
New Haven's Cost of Living Index is 100, matching the national average. Therefore, the $107,610 salary in New Haven offers purchasing power equivalent to the national average salary.
What is the total number of Project Management Specialists in New Haven, CT?
There are approximately 1,310 Project Management Specialists employed in the New Haven, CT area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,310 employees in the New Haven, CT area with a job density of 4.632 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 New Haven, CT