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Average Project Management Specialists Salary in Northeast Iowa nonmetropolitan area

Project Management Specialists in Northeast Iowa nonmetropolitan area earn an average annual salary of $95,230. This figure is notably below the national average of $108,900, a common trend in nonmetropolitan regions where industry concentration and demand may differ from larger urban centers. The specific economic landscape and industry mix of Northeast Iowa directly influence this localized compensation.

Executive Summary

  • Average Salary: $95,230 per year.
  • Growth Trend: Salaries have shifted 8.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $146,250.
  • Outlook: The job market for Project Management Specialists in Northeast Iowa is characterized by a modest workforce of 290 individuals. The low Location Quotient of 0.45 suggests that this role is less concentrated here compared to the national average, indicating a potentially less saturated but also less robust demand for these specialists within the region's specific economic structure.
2024 Market Data

Salary Overview

$95,230

The average Project Management Specialists in Northeast Iowa nonmetropolitan area earns-12.6%below the national average.

BreakdownBased on 40h/week
Hourly

$45.8

Weekly

$1,831

Monthly

$7,936

Project Management Specialists Salary Distribution in Northeast Iowa nonmetropolitan area

Career progression for Project Management Specialists in Northeast Iowa is typically marked by significant salary increases with experience. Entry-level positions will command lower salaries, while senior roles, with their greater responsibilities and proven track records, can achieve substantially higher compensation. The percentile gaps between these levels signify clear opportunities for career advancement and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,880$28.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$71,423$34.3
ManagerOversees team, compliance, and project delivery.50% (Median)$87,080$41.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$119,038$57.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$146,250$70.3

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$95,230

Gross Pay

Real Wage (Purchasing Power)

$95,230

Adjusted for COL (100)

The nominal average salary of $95,230 in Northeast Iowa 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 goods and services.

Job Market Context

290

Total Jobs

2.938

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Northeast Iowa 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 0.45, Project Management Specialist roles are less concentrated in Northeast Iowa nonmetropolitan area than the national average. This suggests that the job market for these professionals is not as abundant as in other regions, potentially leading to less competition for available positions but also indicating a more specialized or niche demand within the local economy.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Northeast Iowa nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Northeast Iowa nonmetropolitan area?

The median annual salary for a Project Management Specialists in Northeast Iowa nonmetropolitan area is $95,230. This typically ranges from $58,880 for entry-level positions to $146,250 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northeast Iowa nonmetropolitan area is 12.6% lower than the national median of $108,900.

Is Northeast Iowa nonmetropolitan area a lucrative place for Project Management Specialists?

No, it is not as lucrative as the national average.The average salary of $95,230 is below the national average of $108,900, although the cost of living is on par with the national average.

Is Northeast Iowa nonmetropolitan area a good place to live for Project Management Specialists?

The Cost of Living Index in Northeast Iowa nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northeast Iowa nonmetropolitan area?

Some top paying nearby cities include Ames, IA ($88,280) and Des Moines-West Des Moines, IA.

How does the local workforce size affect Project Management Specialist jobs?

A smaller local workforce of 290 suggests a more specialized or niche market for Project Management Specialists in Northeast Iowa, potentially leading to less competition but also indicating a lower overall demand compared to larger metropolitan areas.

What does a Location Quotient of 0.45 mean for Project Management Specialists?

A Location Quotient of 0.45 indicates that Project Management Specialists are less concentrated in Northeast Iowa than the national average, implying fewer job opportunities relative to the national landscape.

How does the Cost of Living Index impact the salary of Project Management Specialists in Northeast Iowa?

With a Cost of Living Index of 100, the $95,230 salary in Northeast Iowa offers purchasing power equivalent to the national average, meaning the lower nominal salary is offset by a comparable cost of living.

What is the job density for Project Management Specialists in Northeast Iowa?

There are 2.938 Project Management Specialist jobs per 1,000 workers in Northeast Iowa, which is a measure of job density that can be compared to national figures to understand local employment concentration.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Northeast Iowa nonmetropolitan area area with a job density of 2.938 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.