Average Project Management Specialists Salary in Olympia-Lacey-Tumwater, WA
Project Management Specialists in the Olympia-Lacey-Tumwater, WA area earn an average annual salary of $104,720. This figure is slightly below the national average of $108,900, indicating a localized pay structure influenced by regional economic factors and industry demand within the state. The proximity to state government and a growing private sector likely contributes to the stability of these roles.
Executive Summary
- Average Salary: $104,720 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $153,490.
- Outlook: With a local workforce of 890 Project Management Specialists, the Olympia-Lacey-Tumwater area demonstrates a solid presence in this field. The Location Quotient of 1.08 suggests a concentration of these professionals that is slightly above the national average, hinting at a robust and established job market that supports a steady demand for project management expertise.
Salary Overview
The average Project Management Specialists in Olympia-Lacey-Tumwater, WA earns-3.8%below the national average.
$50.4
$2,014
$8,727
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 Olympia-Lacey-Tumwater have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for skilled project managers, and the expansion of industries within Washington State likely contribute to upward salary adjustments.
Project Management Specialists Salary Distribution in Olympia-Lacey-Tumwater, WA
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and leadership experience can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the increasing value placed on strategic oversight and complex problem-solving abilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,460 | $30 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,540 | $37.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,470 | $49.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $130,900 | $62.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $153,490 | $73.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$104,720
Gross Pay
Real Wage (Purchasing Power)
$104,720
Adjusted for COL (100)
The average annual salary of $104,720 in Olympia-Lacey-Tumwater aligns perfectly with the national 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 environment without significant advantages or disadvantages due to living expenses.
Job Market Context
890
Total Jobs
7.022
Per 1K Jobs
1.08
Location Quotient
With a location quotient of 1.08, Olympia-Lacey-Tumwater, WA has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
The Location Quotient of 1.08 for Project Management Specialists in Olympia-Lacey-Tumwater indicates a slightly higher concentration of these roles compared to the national average. This suggests a competitive yet stable job market where demand is consistent with, or slightly exceeds, the national rate, providing ample opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Bremerton-Silverdale-Port Orchard, WA Project Management Specialists Salary | $102,350↓ 2% | 36 mi |
| Seattle-Tacoma-Bellevue, WA Project Management Specialists Salary | $126,180↑ 20% | 47 mi |
| Longview-Kelso, WA Project Management Specialists Salary | $103,600↓ 1% | 62 mi |
| Western Washington nonmetropolitan area Project Management Specialists Salary | $104,140↓ 1% | 70 mi |
| Eastern Washington nonmetropolitan area Project Management Specialists Salary | $104,340↓ 0% | 70 mi |
Comparing salaries near Olympia-Lacey-Tumwater, WA
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Frequently Asked Questions
How much does a Project Management Specialists make in Olympia-Lacey-Tumwater, WA?
The median annual salary for a Project Management Specialists in Olympia-Lacey-Tumwater, WA is $104,720. This typically ranges from $62,460 for entry-level positions to $153,490 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Olympia-Lacey-Tumwater, WA is 3.8% lower than the national median of $108,900.
Is Olympia-Lacey-Tumwater, WA a lucrative place for Project Management Specialists?
Yes, it offers competitive compensation.The average salary of $104,720 is strong, and with a Cost of Living Index of 100, it provides excellent purchasing power equivalent to the national average.
Is Olympia-Lacey-Tumwater, WA a good place to live for Project Management Specialists?
The Cost of Living Index in Olympia-Lacey-Tumwater, WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Olympia-Lacey-Tumwater, WA?
Some top paying nearby cities include Bremerton-Silverdale-Port Orchard, WA ($102,350) and Seattle-Tacoma-Bellevue, WA.
How does the local salary compare to the national average?
The average salary for Project Management Specialists in Olympia-Lacey-Tumwater is $104,720, which is slightly lower than the national average of $108,900.
What is the concentration of Project Management Specialists in this area?
The Location Quotient is 1.08, meaning there is a slightly higher concentration of Project Management Specialists in Olympia-Lacey-Tumwater compared to the national average.
How does the cost of living affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $104,720 salary has purchasing power equivalent to the national average.
What does the job market look like for Project Management Specialists in Olympia-Lacey-Tumwater?
The market is robust, with 7.022 jobs per 1,000 workers and a slightly above-average concentration, indicating steady demand for these professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 890 employees in the Olympia-Lacey-Tumwater, WA area with a job density of 7.022 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Olympia-Lacey-Tumwater, WA