Average Project Management Specialists Salary in Prescott Valley-Prescott, AZ
Project Management Specialists in Prescott Valley-Prescott, AZ, earn an average annual salary of $88,450. This figure is notably below the national average of $108,900, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this specific region.
Executive Summary
- Average Salary: $88,450 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $135,410.
- Outlook: The local job market for Project Management Specialists in Prescott Valley-Prescott, AZ, comprises a workforce of 270 individuals. With a Location Quotient of 0.59, the concentration of these roles is below the national average, indicating a less saturated but potentially growing demand for specialized project management expertise within the area.
Salary Overview
The average Project Management Specialists in Prescott Valley-Prescott, AZ earns-18.8%below the national average.
$42.5
$1,701
$7,371
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Prescott Valley-Prescott, AZ is not provided, it is generally assumed that salaries for Project Management Specialists have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, the need for skilled management, and inflation.
Project Management Specialists Salary Distribution in Prescott Valley-Prescott, AZ
Salary progression for Project Management Specialists is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive track records and specialized certifications can expect significantly higher compensation. The percentile gaps in salary clearly signify the career progression and increased value brought by experience.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,160 | $22.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,338 | $31.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $77,650 | $37.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,563 | $53.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $135,410 | $65.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$88,450
Gross Pay
Real Wage (Purchasing Power)
$88,450
Adjusted for COL (100)
The average annual salary of $88,450 in Prescott Valley-Prescott, AZ, 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 area is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living regions.
Job Market Context
270
Total Jobs
3.868
Per 1K Jobs
0.59
Location Quotient
Prescott Valley-Prescott, AZ has 0.59x 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 0.59 for Project Management Specialists in Prescott Valley-Prescott, AZ, indicates that the concentration of these professionals is less than half of the national average. This suggests that the job market is not oversaturated, potentially offering good opportunities for skilled individuals, but also implying that the demand might be more niche compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Flagstaff, AZ Project Management Specialists Salary | $89,660↑ 1% | 57 mi |
| Phoenix-Mesa-Chandler, AZ Project Management Specialists Salary | $106,090↑ 20% | 72 mi |
| Arizona nonmetropolitan area Project Management Specialists Salary | $84,820↓ 4% | 79 mi |
Comparing salaries near Prescott Valley-Prescott, AZ
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Prescott Valley-Prescott, AZ?
The median annual salary for a Project Management Specialists in Prescott Valley-Prescott, AZ is $88,450. This typically ranges from $46,160 for entry-level positions to $135,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Prescott Valley-Prescott, AZ is 18.8% lower than the national median of $108,900.
Is Prescott Valley-Prescott, AZ a lucrative place for Project Management Specialists?
No, not compared to the national average.While the cost of living is average, the nominal salary of $88,450 is significantly lower than the national average of $108,900 for Project Management Specialists.
Is Prescott Valley-Prescott, AZ a good place to live for Project Management Specialists?
The Cost of Living Index in Prescott Valley-Prescott, AZ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Prescott Valley-Prescott, AZ?
Some top paying nearby cities include Flagstaff, AZ ($89,660) and Phoenix-Mesa-Chandler, AZ.
How does the local job market compare to the national average for Project Management Specialists?
The local job market in Prescott Valley-Prescott, AZ, has a lower concentration of Project Management Specialists than the national average, with a Location Quotient of 0.59, suggesting fewer professionals per capita.
What is the average salary for a Project Management Specialist in Prescott Valley-Prescott, AZ?
The average annual salary for a Project Management Specialist in Prescott Valley-Prescott, AZ, is $88,450.
How does the cost of living in Prescott Valley-Prescott, AZ affect salary expectations?
The cost of living in Prescott Valley-Prescott, AZ, is at the national average (100), meaning the $88,450 salary provides purchasing power equivalent to the national average, despite being lower than the national salary benchmark.
Are there many Project Management Specialist jobs in Prescott Valley-Prescott, AZ?
There are 3.868 Project Management Specialist jobs per 1,000 workers in Prescott Valley-Prescott, AZ, which is below the national average, reflecting a less dense but potentially accessible market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Prescott Valley-Prescott, AZ area with a job density of 3.868 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 Prescott Valley-Prescott, AZ