Average Project Management Specialists Salary in Roanoke, VA
Project Management Specialists in Roanoke, VA, earn an average annual salary of $90,870. This figure is notably below the national average of $108,900, reflecting regional economic factors and demand specific to the Roanoke area. While the nominal salary is lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $90,870 per year.
- Growth Trend: Salaries have shifted 7.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,420.
- Outlook: The Roanoke, VA market for Project Management Specialists is moderately concentrated, with a Location Quotient of 0.9, indicating a presence close to the national average. The local workforce comprises 890 professionals in this field, with 5.875 jobs per 1,000 workers. This suggests a stable, albeit not exceptionally high, demand for project management expertise within the region.
Salary Overview
The average Project Management Specialists in Roanoke, VA earns-16.6%below the national average.
$43.7
$1,748
$7,573
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Roanoke is not provided, it is generally assumed that salaries for Project Management Specialists nationwide have experienced steady growth over the past four years, driven by increasing project complexity and the demand for skilled professionals. This trend likely extends to Roanoke, with potential for salary increases aligning with broader economic and industry advancements.
Project Management Specialists Salary Distribution in Roanoke, VA
Salary progression for Project Management Specialists in Roanoke, VA, typically scales with experience. Entry-level positions may start significantly below the average, while senior roles, characterized by extensive experience and proven track records, can command salaries well above the $90,870 average. The percentile gaps between junior and senior roles signify clear career progression pathways within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,530 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $68,153 | $32.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,540 | $39.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $113,588 | $54.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,420 | $66.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$90,870
Gross Pay
Real Wage (Purchasing Power)
$90,870
Adjusted for COL (100)
The average annual salary of $90,870 for Project Management Specialists in Roanoke, VA, 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 Roanoke is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
890
Total Jobs
5.875
Per 1K Jobs
0.9
Location Quotient
Roanoke, VA has 0.90x 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.
With a Location Quotient of 0.9, the job market for Project Management Specialists in Roanoke, VA, is slightly less concentrated than the national average. This suggests that while the profession is well-established, there isn't an overabundance of specialists compared to other regions. This equilibrium can translate to a competitive yet accessible market for qualified professionals.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Blacksburg-Christiansburg-Radford, VA Project Management Specialists Salary | $98,540↑ 8% | 26 mi |
| Lynchburg, VA Project Management Specialists Salary | $102,070↑ 12% | 43 mi |
| Beckley, WV Project Management Specialists Salary | $76,910↓ 15% | 76 mi |
| Staunton-Stuarts Draft, VA Project Management Specialists Salary | $93,150↑ 3% | 78 mi |
| Greensboro-High Point, NC Project Management Specialists Salary | $98,600↑ 9% | 82 mi |
Comparing salaries near Roanoke, VA
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Frequently Asked Questions
How much does a Project Management Specialists make in Roanoke, VA?
The median annual salary for a Project Management Specialists in Roanoke, VA is $90,870. This typically ranges from $51,530 for entry-level positions to $137,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Roanoke, VA is 16.6% lower than the national median of $108,900.
Is Roanoke, VA a lucrative place for Project Management Specialists?
Yes, relative to its cost of living.While the average salary of $90,870 is below the national average, it perfectly matches Roanoke's national average cost of living. This indicates that the salary offers equivalent purchasing power to the national average, making it a financially stable location.
Is Roanoke, VA a good place to live for Project Management Specialists?
The Cost of Living Index in Roanoke, VA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Roanoke, VA?
Some top paying nearby cities include Blacksburg-Christiansburg-Radford, VA ($98,540) and Lynchburg, VA.
How does Roanoke's Project Management Specialist salary compare to the national average?
The average salary for Project Management Specialists in Roanoke, VA, is $90,870, which is approximately $18,000 less than the national average of $108,900.
What is the concentration of Project Management Specialists in Roanoke, VA?
Roanoke, VA has a Location Quotient of 0.9 for Project Management Specialists, indicating a concentration slightly below the national average.
How many Project Management Specialists are there in Roanoke, VA?
There are approximately 890 Project Management Specialists working in Roanoke, VA.
Does the cost of living in Roanoke affect the perceived value of the salary?
No, the cost of living in Roanoke is exactly at the national average (100), meaning the $90,870 salary has the same purchasing power as the national average salary.
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 Roanoke, VA area with a job density of 5.875 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 Roanoke, VA