Average Project Management Specialists Salary in Raleigh-Cary, NC
Project Management Specialists in Raleigh-Cary, NC, command an impressive average annual salary of $105,920. This figure slightly trails the national average of $108,900, yet the local market dynamics, including a robust demand and a cost of living on par with the national average, contribute to a competitive compensation landscape.
Executive Summary
- Average Salary: $105,920 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,360.
- Outlook: The Raleigh-Cary area demonstrates a significant concentration of Project Management Specialists, with a Location Quotient of 1.55, indicating a demand that is 55% higher than the national average. Supporting a local workforce of 7,310 professionals, this suggests a healthy and active job market for those in project management roles within the region.
Salary Overview
The average Project Management Specialists in Raleigh-Cary, NC earns-2.7%below the national average.
$50.9
$2,037
$8,827
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 Raleigh-Cary have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is likely driven by the increasing complexity of projects across various industries and the sustained demand for skilled project managers in a thriving economic hub like the Research Triangle.
Project Management Specialists Salary Distribution in Raleigh-Cary, NC
Salary progression for Project Management Specialists in Raleigh-Cary typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive track records and specialized certifications can command salaries in the upper percentiles, reflecting a clear career ladder and the value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,820 | $29.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,440 | $38.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,520 | $48.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $132,400 | $63.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,360 | $78.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$105,920
Gross Pay
Real Wage (Purchasing Power)
$105,920
Adjusted for COL (100)
The average annual salary of $105,920 in Raleigh-Cary, NC, 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 location is equivalent to the national standard, offering stability and predictability for financial planning.
Job Market Context
7,310
Total Jobs
10.104
Per 1K Jobs
1.55
Location Quotient
Raleigh-Cary, NC has 1.6x the national concentration of Project Management Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.55, Raleigh-Cary stands out as a region with a notably higher concentration of Project Management Specialists than the national average. This suggests a specialized talent pool and potentially a competitive environment, but also indicates strong industry reliance on these roles, creating ample opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Project Management Specialists Salary | $115,560↑ 9% | 18 mi |
| Rocky Mount, NC Project Management Specialists Salary | $97,220↓ 8% | 48 mi |
| Goldsboro, NC Project Management Specialists Salary | $92,400↓ 13% | 49 mi |
| Burlington, NC Project Management Specialists Salary | $88,700↓ 16% | 49 mi |
| Fayetteville, NC Project Management Specialists Salary | $95,630↓ 10% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Raleigh-Cary, NC?
The median annual salary for a Project Management Specialists in Raleigh-Cary, NC is $105,920. This typically ranges from $61,820 for entry-level positions to $162,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 2.7% lower than the national median of $108,900.
Is Raleigh-Cary, NC a lucrative place for Project Management Specialists?
Yes, it offers a competitive financial environment.The average salary of $105,920 is strong, and with a cost of living matching the national average, the purchasing power is significant. The high concentration of these roles also points to robust demand.
Is Raleigh-Cary, NC a good place to live for Project Management Specialists?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($115,560) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average salary for Project Management Specialists in Raleigh-Cary, NC, is $105,920, which is slightly below the national average of $108,900.
What is the significance of the Location Quotient in Raleigh-Cary?
A Location Quotient of 1.55 indicates that Project Management Specialists are 55% more concentrated in Raleigh-Cary than the national average, suggesting higher demand or a specialized industry presence.
How does the cost of living affect the salary in Raleigh-Cary?
With a Cost of Living Index of 100, the national average, the $105,920 salary in Raleigh-Cary offers purchasing power equivalent to the national standard, making it a stable financial environment.
What is the total number of Project Management Specialists in Raleigh-Cary?
The Raleigh-Cary metropolitan area is home to approximately 7,310 Project Management Specialists, reflecting a substantial professional community.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,310 employees in the Raleigh-Cary, NC area with a job density of 10.104 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 Raleigh-Cary, NC