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Average Project Management Specialists Salary in Northern Michigan nonmetropolitan area

Project Management Specialists in Northern Michigan's nonmetropolitan area earn an average annual salary of $86,390. This figure is notably below the national average of $108,900, reflecting the distinct economic landscape and potentially lower demand for specialized project management roles in less densely populated regions. The specific economic drivers and industry concentrations within Northern Michigan contribute to this localized pay scale.

Executive Summary

  • Average Salary: $86,390 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $123,500.
  • Outlook: The job market for Project Management Specialists in Northern Michigan's nonmetropolitan area appears stable, albeit with a smaller footprint. A total local workforce of 290 individuals in this role suggests a niche presence. The Location Quotient of 0.38 indicates that this profession is less concentrated here than the national average, implying a moderate but not overwhelming demand within the local economy.
2024 Market Data

Salary Overview

$86,390

The average Project Management Specialists in Northern Michigan nonmetropolitan area earns-20.7%below the national average.

BreakdownBased on 40h/week
Hourly

$41.5

Weekly

$1,661

Monthly

$7,199

Project Management Specialists Salary Distribution in Northern Michigan nonmetropolitan area

Salary progression for Project Management Specialists in Northern Michigan typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive project portfolios and leadership experience can command significantly higher salaries. The percentile gaps in compensation clearly signify the career advancement opportunities and the value placed on accumulated expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,640$24.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,793$31.2
ManagerOversees team, compliance, and project delivery.50% (Median)$78,400$37.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$107,988$51.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$123,500$59.4

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$86,390

Gross Pay

Real Wage (Purchasing Power)

$86,390

Adjusted for COL (100)

The nominal average salary of $86,390 in Northern Michigan's nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Project Management Specialist's salary in this region is equivalent to that of their national counterparts, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

290

Total Jobs

2.45

Per 1K Jobs

0.38

Location Quotient

Low Concentration

At 0.38x, Northern Michigan 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 0.38, Project Management Specialist roles are less concentrated in Northern Michigan's nonmetropolitan area compared to the national average. This suggests that the job market is not saturated, and while opportunities exist, they may be more specialized or tied to specific regional industries. Professionals seeking roles here might find less direct competition but potentially fewer openings than in major metropolitan hubs.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Northern Michigan nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Northern Michigan nonmetropolitan area?

The median annual salary for a Project Management Specialists in Northern Michigan nonmetropolitan area is $86,390. This typically ranges from $51,640 for entry-level positions to $123,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern Michigan nonmetropolitan area is 20.7% lower than the national median of $108,900.

Is Northern Michigan nonmetropolitan area a lucrative place for Project Management Specialists?

No, it is not as lucrative as the national average.The average salary of $86,390 is significantly lower than the national average of $108,900. However, the cost of living is also at the national average, making the purchasing power comparable.

Is Northern Michigan nonmetropolitan area a good place to live for Project Management Specialists?

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

Where are the highest paying cities near Northern Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($109,770) and Saginaw, MI.

How does the Project Management Specialist salary compare nationally?

The average annual salary for Project Management Specialists in Northern Michigan's nonmetropolitan area is $86,390, which is considerably less than the national average of $108,900.

What is the concentration of Project Management Specialists in Northern Michigan?

The concentration, measured by the Location Quotient, is 0.38, indicating that Project Management Specialists are less prevalent in this region compared to the national average.

How does the Cost of Living affect the salary in Northern Michigan?

The Cost of Living Index is 100, which is the national average. This means the $86,390 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.

What is the total number of Project Management Specialists in this area?

There are approximately 290 Project Management Specialists employed in Northern Michigan's 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 290 employees in the Northern Michigan nonmetropolitan area area with a job density of 2.45 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.