Average Project Management Specialists Salary in Racine-Mount Pleasant, WI
Project Management Specialists in Racine-Mount Pleasant, WI, earn an average annual salary of $95,590. This figure is notably below the national average of $108,900, suggesting that local market dynamics and industry demand in the Racine-Mount Pleasant area may influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $95,590 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,260.
- Outlook: The Racine-Mount Pleasant area supports a local workforce of 350 Project Management Specialists. With a location quotient of 0.7, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally concentrated job market. The presence of 4.539 jobs per 1,000 workers suggests a consistent demand for project management expertise within the region.
Salary Overview
The average Project Management Specialists in Racine-Mount Pleasant, WI earns-12.2%below the national average.
$46
$1,838
$7,966
Project Management Specialists Salary Trends (2020-2024)
While specific historical data 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 demand for skilled professionals, and inflation, leading to a gradual upward adjustment in compensation across most metropolitan areas, including Racine-Mount Pleasant.
Project Management Specialists Salary Distribution in Racine-Mount Pleasant, WI
Salary progression for Project Management Specialists in Racine-Mount Pleasant, WI, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior roles with extensive experience and proven track records can command salaries significantly higher than the average. The widening gap between entry-level and senior salaries reflects the increasing value and responsibility associated with advanced project management expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,560 | $27.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,693 | $34.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $91,450 | $44 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $119,488 | $57.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,260 | $66 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$95,590
Gross Pay
Real Wage (Purchasing Power)
$95,590
Adjusted for COL (100)
The average annual salary of $95,590 in Racine-Mount Pleasant, WI, 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 average, offering a balanced financial landscape for residents.
Job Market Context
350
Total Jobs
4.539
Per 1K Jobs
0.7
Location Quotient
Racine-Mount Pleasant, WI has 0.70x 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 0.7 for Project Management Specialists in Racine-Mount Pleasant, WI, indicates that the profession is slightly less concentrated than the national average. This suggests that while the demand exists, the market may not be saturated, potentially offering opportunities for skilled professionals. It implies a moderate level of competition for these roles within the local job pool.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Project Management Specialists Salary | $98,980↑ 4% | 10 mi |
| Milwaukee-Waukesha, WI Project Management Specialists Salary | $103,290↑ 8% | 25 mi |
| Chicago-Naperville-Elgin, IL-IN Project Management Specialists Salary | $111,740↑ 17% | 59 mi |
| Janesville-Beloit, WI Project Management Specialists Salary | $94,400↓ 1% | 61 mi |
| Sheboygan, WI Project Management Specialists Salary | $95,010↓ 1% | 70 mi |
Comparing salaries near Racine-Mount Pleasant, WI
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Frequently Asked Questions
How much does a Project Management Specialists make in Racine-Mount Pleasant, WI?
The median annual salary for a Project Management Specialists in Racine-Mount Pleasant, WI is $95,590. This typically ranges from $57,560 for entry-level positions to $137,260 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Racine-Mount Pleasant, WI is 12.2% lower than the national median of $108,900.
Is Racine-Mount Pleasant, WI a lucrative place for Project Management Specialists?
No, it is not currently more lucrative than the national average.While the average salary of $95,590 is substantial, it falls below the national average of $108,900. However, the cost of living is on par with the national average, making the salary's purchasing power equivalent nationally.
Is Racine-Mount Pleasant, WI a good place to live for Project Management Specialists?
The Cost of Living Index in Racine-Mount Pleasant, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Racine-Mount Pleasant, WI?
Some top paying nearby cities include Kenosha, WI ($98,980) and Milwaukee-Waukesha, WI.
How does the Racine-Mount Pleasant salary compare to the national average?
The average salary for Project Management Specialists in Racine-Mount Pleasant, WI, is $95,590, which is lower than the national average of $108,900.
What is the concentration of Project Management Specialists in Racine-Mount Pleasant, WI?
The location quotient for Project Management Specialists in Racine-Mount Pleasant, WI, is 0.7, indicating a slightly lower concentration compared to the national average.
How does the cost of living in Racine-Mount Pleasant, WI affect salary perception?
With a Cost of Living Index of 100, the local cost of living matches the national average. Therefore, the $95,590 salary offers purchasing power equivalent to the national average.
What is the total number of Project Management Specialists in Racine-Mount Pleasant, WI?
There are approximately 350 Project Management Specialists employed in the Racine-Mount Pleasant, WI area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Racine-Mount Pleasant, WI area with a job density of 4.539 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 Racine-Mount Pleasant, WI