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Average Project Management Specialists Salary in Ocala, FL

Project Management Specialists in Ocala, FL, earn an average annual salary of $90,090. This figure is notably below the national average of $108,900, suggesting that local market dynamics and potentially a different industry focus in Ocala influence compensation levels for this role. Factors such as the specific industries prevalent in the region and the overall demand for specialized project management skills contribute to this localized pay scale.

Executive Summary

  • Average Salary: $90,090 per year.
  • Growth Trend: Salaries have shifted 15.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,850.
  • Outlook: The Ocala, FL, market for Project Management Specialists is characterized by a local workforce of 440 professionals. With a Location Quotient of 0.56, the concentration of these specialists is below the national average, indicating a less saturated but potentially less robust demand compared to national hubs. The presence of 3.676 jobs per 1,000 workers suggests a steady, albeit not overwhelming, need for project management expertise within the local economy.
2024 Market Data

Salary Overview

$90,090

The average Project Management Specialists in Ocala, FL earns-17.3%below the national average.

BreakdownBased on 40h/week
Hourly

$43.3

Weekly

$1,733

Monthly

$7,508

Project Management Specialists Salary Distribution in Ocala, FL

Salary progression for Project Management Specialists in Ocala, FL, typically correlates with experience. Entry-level positions will command lower salaries, while senior roles requiring extensive experience, leadership, and a proven track record of successful project completion will see significantly higher compensation. The percentile gaps between junior and senior roles highlight the substantial career growth and earning potential available as specialists advance their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,770$24.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,568$32.5
ManagerOversees team, compliance, and project delivery.50% (Median)$81,300$39.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$112,613$54.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$137,850$66.3

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$90,090

Gross Pay

Real Wage (Purchasing Power)

$90,090

Adjusted for COL (100)

The average annual salary of $90,090 for Project Management Specialists in Ocala, FL, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of an Ocala-based Project Management Specialist's salary is on par with the national standard, offering a stable financial standing relative to the cost of goods and services in the area.

Job Market Context

440

Total Jobs

3.676

Per 1K Jobs

0.56

Location Quotient

Below Average

Ocala, FL has 0.56x 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.

With a Location Quotient of 0.56, Ocala, FL, has a lower concentration of Project Management Specialists compared to the national average. This suggests that the job market may be less competitive for these professionals, potentially offering more opportunities for those seeking roles. However, it also indicates that the demand might be more niche, and the availability of highly specialized roles could be limited compared to larger metropolitan areas.

Nearby Job Markets

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Ocala, FL?

The median annual salary for a Project Management Specialists in Ocala, FL is $90,090. This typically ranges from $50,770 for entry-level positions to $137,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ocala, FL is 17.3% lower than the national median of $108,900.

Is Ocala, FL a lucrative place for Project Management Specialists?

No, Ocala, FL is not considered a highly lucrative place for Project Management Specialists compared to the national average.The average salary of $90,090 is significantly lower than the national average of $108,900, despite the cost of living being at the national average.

Is Ocala, FL a good place to live for Project Management Specialists?

The Cost of Living Index in Ocala, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Ocala, FL?

Some top paying nearby cities include Wildwood-The Villages, FL ($96,280) and Homosassa Springs, FL.

How does the Ocala salary compare to the national average?

The average salary for Project Management Specialists in Ocala, FL, is $90,090, which is $18,810 less than the national average of $108,900.

What is the concentration of Project Management Specialists in Ocala, FL?

The concentration, measured by the Location Quotient, is 0.56, meaning there are fewer Project Management Specialists per worker in Ocala compared to the national average.

Does the cost of living in Ocala affect the salary's value?

No, the cost of living in Ocala is exactly at the national average (100), so the $90,090 salary has the same purchasing power as the national average salary.

How many Project Management Specialists are there in Ocala, FL?

There are approximately 440 Project Management Specialists working in Ocala, FL.

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 Ocala, FL area with a job density of 3.676 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.