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Average Project Management Specialists Salary in Northwest Virginia nonmetropolitan area

Project Management Specialists in Northwest Virginia's nonmetropolitan areas earn an average annual salary of $95,900. This figure is notably below the national average of $108,900, reflecting the economic dynamics and potentially lower demand for specialized project management roles in less urbanized regions. The concentration of these roles locally also influences compensation.

Executive Summary

  • Average Salary: $95,900 per year.
  • Growth Trend: Salaries have shifted 23.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $153,690.
  • Outlook: The job market for Project Management Specialists in Northwest Virginia's nonmetropolitan areas is characterized by a modest workforce of 280 professionals. With a Location Quotient of 0.65, the concentration of these roles is below the national average, suggesting a less saturated but perhaps less robust demand compared to more metropolitan areas. The number of jobs per 1,000 workers (4.253) indicates a steady presence of these roles within the local economy.
2024 Market Data

Salary Overview

$95,900

The average Project Management Specialists in Northwest Virginia nonmetropolitan area earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$46.1

Weekly

$1,844

Monthly

$7,992

Project Management Specialists Salary Distribution in Northwest Virginia nonmetropolitan area

Salary progression for Project Management Specialists in Northwest Virginia nonmetropolitan areas typically scales with experience. Entry-level positions might start significantly lower than the average, while senior specialists with extensive experience and a proven track record can command salaries well above $95,900. The percentile gaps between junior and senior roles highlight the significant career advancement opportunities and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,780$28.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$71,925$34.6
ManagerOversees team, compliance, and project delivery.50% (Median)$89,580$43.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$119,875$57.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$153,690$73.9

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$95,900

Gross Pay

Real Wage (Purchasing Power)

$95,900

Adjusted for COL (100)

The nominal average salary of $95,900 in Northwest Virginia's nonmetropolitan areas 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

280

Total Jobs

4.253

Per 1K Jobs

0.65

Location Quotient

Below Average

Northwest Virginia nonmetropolitan area has 0.65x the national average concentration of Project Management Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.65 for Project Management Specialists in Northwest Virginia's nonmetropolitan areas indicates that this profession is less concentrated than the national average. This suggests that while there is a demand for these skills, the market is not saturated, potentially offering good opportunities for skilled professionals but also implying fewer overall positions compared to national hubs.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Northwest Virginia nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

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

The median annual salary for a Project Management Specialists in Northwest Virginia nonmetropolitan area is $95,900. This typically ranges from $58,780 for entry-level positions to $153,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Virginia nonmetropolitan area is 11.9% lower than the national median of $108,900.

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

No, not compared to the national average.While the average salary of $95,900 is substantial, it falls below the national average of $108,900, indicating less lucrative compensation in this specific region.

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

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

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

Some top paying nearby cities include Charlottesville, VA ($103,390) and Richmond, VA.

How does the local workforce size affect job prospects?

A local workforce of 280 Project Management Specialists suggests a smaller, more specialized talent pool. While this can mean less competition for individual jobs, it also indicates a potentially limited number of available positions overall compared to larger metropolitan areas.

What does a Location Quotient of 0.65 mean for job seekers?

A Location Quotient of 0.65 signifies that Project Management Specialists are less common in this nonmetropolitan area than the national average. This could translate to fewer job openings but potentially higher demand for experienced professionals who fill these specialized roles.

How does the Cost of Living impact the $95,900 salary?

With a Cost of Living Index of 100, the $95,900 salary in Northwest Virginia offers purchasing power equivalent to the national average. This means your earnings will stretch as far as they would in a typical U.S. location, making the salary competitive in terms of real value.

Are there many Project Management Specialist jobs in Northwest Virginia?

The data indicates 4.253 jobs per 1,000 workers, suggesting a consistent, albeit not exceptionally high, presence of Project Management Specialist roles within the local economy. This number reflects the demand relative to the overall working population.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Northwest Virginia nonmetropolitan area area with a job density of 4.253 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.