Average Project Management Specialists Salary in North Central Tennessee nonmetropolitan area
Project Management Specialists in the North Central Tennessee nonmetropolitan area earn an average annual salary of $77,580. This figure is notably lower than the national average of $108,900, a disparity often attributable to regional economic factors and the specific industry demands within nonmetropolitan settings. Lower operational costs and a different competitive landscape can influence compensation levels.
Executive Summary
- Average Salary: $77,580 per year.
- Growth Trend: Salaries have shifted 21.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,780.
- Outlook: The job market for Project Management Specialists in North Central Tennessee, with a total local workforce of 350, indicates a niche presence. The location quotient of 0.46 suggests that this role is less concentrated here compared to the national average, implying a potentially stable but not overly saturated demand for these professionals within the region.
Salary Overview
The average Project Management Specialists in North Central Tennessee nonmetropolitan area earns-28.8%below the national average.
$37.3
$1,492
$6,465
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it's reasonable to assume that salaries for Project Management Specialists have seen a gradual increase over the past four years, mirroring national trends. Economic recovery, evolving project complexities, and the increasing need for skilled management professionals likely contribute to upward salary pressure, even in less urbanized regions.
Project Management Specialists Salary Distribution in North Central Tennessee nonmetropolitan area
Career progression for Project Management Specialists typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior specialists with extensive project portfolios and leadership experience can command salaries well into the higher percentiles, reflecting their accumulated expertise and value to organizations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,240 | $15.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $58,185 | $28 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $75,390 | $36.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $96,975 | $46.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,780 | $62.4 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$77,580
Gross Pay
Real Wage (Purchasing Power)
$77,580
Adjusted for COL (100)
The nominal average salary of $77,580 in North Central Tennessee 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 this region is equivalent to the national average, offering a stable financial standing relative to living expenses.
Job Market Context
350
Total Jobs
3.026
Per 1K Jobs
0.46
Location Quotient
At 0.46x, North Central Tennessee nonmetropolitan area has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a location quotient of 0.46, Project Management Specialist roles are less concentrated in North Central Tennessee compared to the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a good balance between job availability and competition for skilled professionals.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Project Management Specialists Salary | $96,090↑ 24% | 29 mi |
| Clarksville, TN-KY Project Management Specialists Salary | $83,130↑ 7% | 67 mi |
| Huntsville, AL Project Management Specialists Salary | $123,410↑ 59% | 73 mi |
| Decatur, AL Project Management Specialists Salary | $112,190↑ 45% | 83 mi |
| Florence-Muscle Shoals, AL Project Management Specialists Salary | $100,370↑ 29% | 84 mi |
Comparing salaries near North Central Tennessee nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in North Central Tennessee nonmetropolitan area?
The median annual salary for a Project Management Specialists in North Central Tennessee nonmetropolitan area is $77,580. This typically ranges from $32,240 for entry-level positions to $129,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Central Tennessee nonmetropolitan area is 28.8% lower than the national median of $108,900.
Is North Central Tennessee nonmetropolitan area a lucrative place for Project Management Specialists?
No, not in terms of nominal salary compared to the national average.While the cost of living is on par with the national average, the average salary of $77,580 is significantly lower than the national average of $108,900 for Project Management Specialists.
Is North Central Tennessee nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in North Central Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Central Tennessee nonmetropolitan area?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($96,090) and Clarksville, TN-KY.
What is the average salary for a Project Management Specialist in North Central Tennessee?
The average annual salary for a Project Management Specialist in North Central Tennessee is $77,580.
How does the cost of living in North Central Tennessee compare to the national average?
The Cost of Living Index in North Central Tennessee is 100, which is exactly the national average.
How concentrated are Project Management Specialist jobs in this region?
Project Management Specialist jobs are less concentrated in this region, with a location quotient of 0.46, indicating fewer jobs per capita compared to the national average.
What does a location quotient of 0.46 mean for job seekers?
A location quotient of 0.46 suggests that the demand for Project Management Specialists is below the national average, implying a less competitive but potentially smaller job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the North Central Tennessee nonmetropolitan area area with a job density of 3.026 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 North Central Tennessee nonmetropolitan area