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Average Project Management Specialists Salary in Northwest Iowa nonmetropolitan area

Project Management Specialists in the Northwest Iowa nonmetropolitan area command an impressive average annual salary of $151,220, significantly outpacing the national average of $108,900. This elevated compensation is likely influenced by the specialized skill set required for project management roles and potentially a localized demand that outweighs the available talent pool in this specific nonmetropolitan region.

Executive Summary

  • Average Salary: $151,220 per year.
  • Growth Trend: Salaries have shifted 79.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $154,720.
  • Outlook: The job market for Project Management Specialists in Northwest Iowa, while not densely populated with a total workforce of 440, shows a concentration (Location Quotient) of 0.46, indicating a specialized niche. The presence of nearly 3 jobs per 1,000 workers suggests a steady, albeit not booming, demand for these professionals within the local economy.
2024 Market Data

Salary Overview

$151,220

The average Project Management Specialists in Northwest Iowa nonmetropolitan area earns+38.9%above the national average.

BreakdownBased on 40h/week
Hourly

$72.7

Weekly

$2,908

Monthly

$12,602

Project Management Specialists Salary Distribution in Northwest Iowa nonmetropolitan area

The salary trajectory for Project Management Specialists typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with a proven track record in leading complex initiatives can command salaries in the higher percentiles. The significant gap between entry-level and senior roles underscores the substantial career progression and earning potential within this specialization.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,930$25.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$113,415$54.5
ManagerOversees team, compliance, and project delivery.50% (Median)$80,280$38.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$189,025$90.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$154,720$74.4

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$151,220

Gross Pay

Real Wage (Purchasing Power)

$151,220

Adjusted for COL (100)

With an average annual salary of $151,220 and a Cost of Living Index of 100, Project Management Specialists in Northwest Iowa enjoy a strong purchasing power. The nominal salary aligns perfectly with the national average cost of living, suggesting that the higher pay is not solely a compensation for a higher cost of living but reflects other market dynamics.

Job Market Context

440

Total Jobs

2.987

Per 1K Jobs

0.46

Location Quotient

Low Concentration

At 0.46x, Northwest 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.

The Location Quotient of 0.46 for Project Management Specialists in Northwest Iowa indicates that this role is less concentrated than the national average. This suggests that while there is a demand, the market is not saturated, potentially leading to competitive compensation for qualified individuals. Employers may need to offer attractive packages to secure talent in this less common, yet vital, professional area.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Northwest Iowa nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

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

The median annual salary for a Project Management Specialists in Northwest Iowa nonmetropolitan area is $151,220. This typically ranges from $53,930 for entry-level positions to $154,720 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Iowa nonmetropolitan area is 38.9% higher than the national median of $108,900.

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

Yes, it is a highly lucrative place for Project Management Specialists.The average salary of $151,220 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.

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

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

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

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

How does the salary compare to the national average?

The average annual salary of $151,220 in Northwest Iowa is substantially higher than the national average of $108,900 for Project Management Specialists.

What is the cost of living in Northwest Iowa?

The Cost of Living Index in Northwest Iowa is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.

How concentrated is the job market for Project Management Specialists in this area?

The job market is less concentrated than the national average, with a Location Quotient of 0.46, suggesting fewer specialists relative to the national proportion.

What does the jobs per 1,000 workers metric indicate?

With 2.987 jobs per 1,000 workers, it indicates a moderate level of demand for Project Management Specialists within the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Northwest Iowa nonmetropolitan area area with a job density of 2.987 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.