Average Project Management Specialists Salary in Norwich-New London-Willimantic, CT
Project Management Specialists in the Norwich-New London-Willimantic, CT area command an impressive average annual salary of $113,400. This figure notably surpasses the national average of $108,900, indicating a localized premium for these critical roles. The demand and specialized nature of project management within this Connecticut region likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $113,400 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,580.
- Outlook: The local job market for Project Management Specialists in Norwich-New London-Willimantic, CT, appears robust, with a total workforce of 860 individuals in this profession. A Location Quotient of 1.06 suggests a slightly higher concentration of these roles compared to the national average, pointing towards sustained demand and a healthy job environment for skilled professionals in this sector.
Salary Overview
The average Project Management Specialists in Norwich-New London-Willimantic, CT earns+4.1%above the national average.
$54.5
$2,181
$9,450
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Project Management Specialists in Norwich-New London-Willimantic, CT, have experienced steady growth over the past four years, mirroring national trends. Economic development and increasing project complexity often drive up compensation for experienced professionals in this field.
Project Management Specialists Salary Distribution in Norwich-New London-Willimantic, CT
Career progression for Project Management Specialists is strongly reflected in salary. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries in the upper percentiles. The gap between entry-level and senior-level earnings signifies substantial opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $76,410 | $36.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,050 | $40.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $108,830 | $52.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,750 | $68.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,580 | $79.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$113,400
Gross Pay
Real Wage (Purchasing Power)
$113,400
Adjusted for COL (100)
The average annual salary of $113,400 in Norwich-New London-Willimantic, CT, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Project Management Specialist's salary in this area is equivalent to the national standard, offering a stable financial environment without the added pressure of a significantly higher cost of living.
Job Market Context
860
Total Jobs
6.944
Per 1K Jobs
1.06
Location Quotient
With a location quotient of 1.06, Norwich-New London-Willimantic, CT has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
With a Location Quotient of 1.06, the Norwich-New London-Willimantic, CT, area exhibits a slightly higher concentration of Project Management Specialists than the national average. This indicates a competitive yet accessible market, suggesting that while opportunities exist, employers may be actively seeking qualified candidates, making it a favorable environment for those with in-demand project management skills.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Hartford-West Hartford-East Hartford, CT Project Management Specialists Salary | $110,480↓ 3% | 34 mi |
| Connecticut nonmetropolitan area Project Management Specialists Salary | $109,360↓ 4% | 35 mi |
| Providence-Warwick, RI-MA Project Management Specialists Salary | $106,540↓ 6% | 39 mi |
| Springfield, MA Project Management Specialists Salary | $103,600↓ 9% | 45 mi |
| New Haven, CT Project Management Specialists Salary | $107,610↓ 5% | 46 mi |
Comparing salaries near Norwich-New London-Willimantic, CT
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Norwich-New London-Willimantic, CT?
The median annual salary for a Project Management Specialists in Norwich-New London-Willimantic, CT is $113,400. This typically ranges from $76,410 for entry-level positions to $164,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Norwich-New London-Willimantic, CT is 4.1% higher than the national median of $108,900.
Is Norwich-New London-Willimantic, CT a lucrative place for Project Management Specialists?
Yes, it is a lucrative place for Project Management Specialists.The average salary of $113,400 is above the national average, and the cost of living is at the national average, offering strong purchasing power.
Is Norwich-New London-Willimantic, CT a good place to live for Project Management Specialists?
The Cost of Living Index in Norwich-New London-Willimantic, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Norwich-New London-Willimantic, CT?
Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($110,480) and Connecticut nonmetropolitan area.
How does the Project Management Specialist salary in Norwich-New London-Willimantic, CT compare to the national average?
The average annual salary for Project Management Specialists in Norwich-New London-Willimantic, CT, is $113,400, which is higher than the national average of $108,900.
What is the concentration of Project Management Specialists in this Connecticut region?
The concentration, measured by the Location Quotient, is 1.06, indicating a slightly higher presence of Project Management Specialists compared to the national average.
How does the cost of living affect the salary for Project Management Specialists in Norwich-New London-Willimantic, CT?
The cost of living index is 100, matching the national average. This means the $113,400 salary offers purchasing power equivalent to the national standard.
What does the number of jobs per 1,000 workers signify for Project Management Specialists in this area?
With 6.944 jobs per 1,000 workers, this metric suggests a healthy demand for Project Management Specialists relative to the overall workforce in the Norwich-New London-Willimantic, CT region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 860 employees in the Norwich-New London-Willimantic, CT area with a job density of 6.944 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Project Management Specialists Salaries by State
Top Jobs in Norwich-New London-Willimantic, CT
- All Occupations Salary in Norwich-New London-Willimantic, CT
- Office and Administrative Support Occupations Salary in Norwich-New London-Willimantic, CT
- Food Preparation and Serving Related Occupations Salary in Norwich-New London-Willimantic, CT
- Sales and Related Occupations Salary in Norwich-New London-Willimantic, CT
- Educational Instruction and Library Occupations Salary in Norwich-New London-Willimantic, CT
- Transportation and Material Moving Occupations Salary in Norwich-New London-Willimantic, CT
- Management Occupations Salary in Norwich-New London-Willimantic, CT
- Healthcare Practitioners and Technical Occupations Salary in Norwich-New London-Willimantic, CT
- Production Occupations Salary in Norwich-New London-Willimantic, CT
- Healthcare Support Occupations Salary in Norwich-New London-Willimantic, CT
- Browse All Jobs in Norwich-New London-Willimantic, CT →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Norwich-New London-Willimantic, CT