Average Project Management Specialists Salary in Orlando-Kissimmee-Sanford, FL
Project Management Specialists in the Orlando-Kissimmee-Sanford, FL area earn an average annual salary of $105,170. This figure is slightly below the national average of $108,900, suggesting a localized market dynamic that influences compensation. Factors such as regional industry demand and the specific economic landscape of Central Florida likely contribute to this pay scale.
Executive Summary
- Average Salary: $105,170 per year.
- Growth Trend: Salaries have shifted 14.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,550.
- Outlook: The Orlando-Kissimmee-Sanford metropolitan area boasts a robust job market for Project Management Specialists, evidenced by a total local workforce of 10,320 individuals in this role. With a Location Quotient of 1.13, the concentration of these specialists is notably higher than the national average, indicating a strong and potentially growing demand for their expertise within the region.
Salary Overview
The average Project Management Specialists in Orlando-Kissimmee-Sanford, FL earns-3.4%below the national average.
$50.6
$2,023
$8,764
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 Orlando-Kissimmee-Sanford have experienced growth over the past four years, mirroring national trends. Economic expansion, increased project complexity across various industries, and a competitive job market typically drive upward salary adjustments for skilled professionals.
Project Management Specialists Salary Distribution in Orlando-Kissimmee-Sanford, FL
Salary progression for Project Management Specialists is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive project portfolios and leadership experience can expect to earn considerably more. The percentile gaps in salary distribution clearly signify the career trajectory and earning potential as one advances from junior to senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,040 | $28.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,878 | $37.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $99,050 | $47.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $131,463 | $63.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,550 | $77.7 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$105,170
Gross Pay
Real Wage (Purchasing Power)
$105,170
Adjusted for COL (100)
The average annual salary of $105,170 for Project Management Specialists in Orlando-Kissimmee-Sanford aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for residents without the added pressure of higher or lower living expenses.
Job Market Context
10,320
Total Jobs
7.384
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Orlando-Kissimmee-Sanford, FL has a slightly higher-than-average concentration of Project Management Specialists roles compared to the national norm.
A Location Quotient of 1.13 indicates that Project Management Specialists are more concentrated in the Orlando-Kissimmee-Sanford area than the national average. This suggests a healthy, albeit slightly more competitive, job market where demand for these professionals is robust, potentially offering more opportunities compared to areas with lower concentration.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Deltona-Daytona Beach-Ormond Beach, FL Project Management Specialists Salary | $95,500↓ 9% | 27 mi |
| Wildwood-The Villages, FL Project Management Specialists Salary | $96,280↓ 8% | 41 mi |
| Lakeland-Winter Haven, FL Project Management Specialists Salary | $95,740↓ 9% | 48 mi |
| North Florida nonmetropolitan area Project Management Specialists Salary | $100,900↓ 4% | 57 mi |
| South Florida nonmetropolitan area Project Management Specialists Salary | $99,130↓ 6% | 57 mi |
Comparing salaries near Orlando-Kissimmee-Sanford, FL
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Orlando-Kissimmee-Sanford, FL?
The median annual salary for a Project Management Specialists in Orlando-Kissimmee-Sanford, FL is $105,170. This typically ranges from $59,040 for entry-level positions to $161,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Orlando-Kissimmee-Sanford, FL is 3.4% lower than the national median of $108,900.
Is Orlando-Kissimmee-Sanford, FL a lucrative place for Project Management Specialists?
Yes, it offers competitive compensation relative to its cost of living.The average salary of $105,170 is strong, especially when matched with a national average cost of living index of 100, indicating good purchasing power.
Is Orlando-Kissimmee-Sanford, FL a good place to live for Project Management Specialists?
The Cost of Living Index in Orlando-Kissimmee-Sanford, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Orlando-Kissimmee-Sanford, FL?
Some top paying nearby cities include Deltona-Daytona Beach-Ormond Beach, FL ($95,500) and Wildwood-The Villages, FL.
How does the Orlando Project Management Specialist salary compare to the national average?
The average salary of $105,170 in Orlando-Kissimmee-Sanford is slightly lower than the national average of $108,900, but this is often balanced by local economic factors.
What is the significance of the Location Quotient in Orlando?
A Location Quotient of 1.13 signifies that Project Management Specialists are more prevalent in Orlando-Kissimmee-Sanford than the national average, indicating a strong regional presence and demand for these roles.
Does experience impact salary for Project Management Specialists in Orlando?
Absolutely. Senior Project Management Specialists with extensive experience and proven track records typically earn significantly higher salaries than entry-level professionals in the field.
How does the cost of living affect the salary for Project Management Specialists in Orlando?
With a Cost of Living Index of 100, the Orlando-Kissimmee-Sanford area has a cost of living on par with the national average, meaning the $105,170 salary provides average purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,320 employees in the Orlando-Kissimmee-Sanford, FL area with a job density of 7.384 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 Orlando-Kissimmee-Sanford, FL