Average Project Management Specialists Salary in North Region of Texas nonmetropolitan area
Project Management Specialists in the North Region of Texas nonmetropolitan area earn an average annual salary of $86,060. This figure is notably lower than the national average of $108,900, reflecting regional economic factors and demand specific to this area. The localized pay scale is a direct consequence of the unique economic landscape and industry concentration within this part of Texas.
Executive Summary
- Average Salary: $86,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,730.
- Outlook: The job market for Project Management Specialists in the North Region of Texas nonmetropolitan area, with a total local workforce of 870, indicates a moderate presence. The Location Quotient of 0.49 suggests that this profession is less concentrated here compared to the national average, implying a potentially less saturated but also less robust demand for these specialists.
Salary Overview
The average Project Management Specialists in North Region of Texas nonmetropolitan area earns-21.0%below the national average.
$41.4
$1,655
$7,172
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for the North Region of Texas nonmetropolitan area is not provided, it is generally assumed that salaries for Project Management Specialists nationwide have seen consistent growth over the past four years, driven by increasing project complexity and the demand for skilled professionals. This upward trend is likely reflected, to some extent, in this region, though potentially at a different pace than national averages.
Project Management Specialists Salary Distribution in North Region of Texas nonmetropolitan area
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions will command salaries at the lower end of the pay scale, while senior specialists with extensive experience and a proven track record can expect to earn considerably more, potentially reaching the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,750 | $23 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,545 | $31 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,570 | $37.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $107,575 | $51.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,730 | $63.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$86,060
Gross Pay
Real Wage (Purchasing Power)
$86,060
Adjusted for COL (100)
The nominal average salary of $86,060 in the North Region of Texas nonmetropolitan area 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 the cost of essential goods and services.
Job Market Context
870
Total Jobs
3.173
Per 1K Jobs
0.49
Location Quotient
At 0.49x, North Region of Texas 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 0.49, the market for Project Management Specialists in the North Region of Texas nonmetropolitan area is less concentrated than the national average. This suggests that while there are opportunities, the demand may not be as intense as in more heavily populated or industry-specific regions, potentially leading to a more competitive job search for specialists.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Project Management Specialists Salary | $90,190↑ 5% | 10 mi |
| Waco, TX Project Management Specialists Salary | $84,740↓ 2% | 41 mi |
| Austin-Round Rock-San Marcos, TX Project Management Specialists Salary | $104,510↑ 21% | 53 mi |
| College Station-Bryan, TX Project Management Specialists Salary | $79,550↓ 8% | 82 mi |
Comparing salaries near North Region of Texas nonmetropolitan area
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Frequently Asked Questions
How much does a Project Management Specialists make in North Region of Texas nonmetropolitan area?
The median annual salary for a Project Management Specialists in North Region of Texas nonmetropolitan area is $86,060. This typically ranges from $47,750 for entry-level positions to $131,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Region of Texas nonmetropolitan area is 21.0% lower than the national median of $108,900.
Is North Region of Texas nonmetropolitan area a lucrative place for Project Management Specialists?
No, not compared to the national average.While the average salary of $86,060 offers a stable cost of living equivalent to the national average, it falls significantly short of the national average salary of $108,900.
Is North Region of Texas nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($90,190) and Waco, TX.
How does the local workforce size affect job prospects?
A local workforce of 870 Project Management Specialists suggests a smaller, more niche market. This can mean fewer opportunities but potentially less competition for highly qualified individuals.
What does a Location Quotient of 0.49 mean for job seekers?
A Location Quotient below 1.0, like 0.49, indicates that Project Management Specialists are less prevalent in this region compared to the national average, suggesting a potentially less saturated job market.
How does the cost of living impact the $86,060 salary?
With a Cost of Living Index of 100, the $86,060 salary offers purchasing power equivalent to the national average, making it a stable, though not exceptionally high, income for the region.
Are there many Project Management Specialist jobs per 1,000 workers in this area?
With 3.173 jobs per 1,000 workers, the density of Project Management Specialist roles is moderate, indicating a steady but not overwhelming demand for these professionals in the North Region of Texas nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 870 employees in the North Region of Texas nonmetropolitan area area with a job density of 3.173 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 Region of Texas nonmetropolitan area