Average Project Management Specialists Salary in Rochester, MN
Project Management Specialists in Rochester, MN, earn an average annual salary of $107,070. This figure is slightly below the national average of $108,900, indicating a competitive but not exceptionally high compensation landscape. Local economic factors and the specific industry demands within Rochester likely influence this pay rate.
Executive Summary
- Average Salary: $107,070 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $137,670.
- Outlook: With a total local workforce of 470 Project Management Specialists, Rochester, MN, presents a moderately sized professional community. The Location Quotient of 0.59 suggests that this role is less concentrated here than the national average, implying a potentially stable demand for skilled professionals within this specific market.
Salary Overview
The average Project Management Specialists in Rochester, MN earns-1.7%below the national average.
$51.5
$2,059
$8,923
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists in Rochester, MN, have seen consistent growth over the past four years. This trend is typically driven by inflation, increasing demand for project management expertise across various industries, and the evolving complexity of projects undertaken locally.
Project Management Specialists Salary Distribution in Rochester, MN
Salary progression for Project Management Specialists in Rochester, MN, is significantly influenced by experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive project portfolios and leadership experience can expect to earn substantially more, often reaching into the upper percentiles of the salary range.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,510 | $35.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,303 | $38.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,520 | $49.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $133,838 | $64.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $137,670 | $66.2 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$107,070
Gross Pay
Real Wage (Purchasing Power)
$107,070
Adjusted for COL (100)
The average annual salary of $107,070 in Rochester, MN, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of a Project Management Specialist's salary in Rochester is equivalent to the national average, offering a stable financial environment without the premium often associated with higher living expenses.
Job Market Context
470
Total Jobs
3.848
Per 1K Jobs
0.59
Location Quotient
Rochester, MN 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 Rochester, MN, indicates that the concentration of these professionals is below the national average. This suggests that while the field is present, it is not a dominant industry hub, potentially offering a less saturated job market for new entrants but also possibly fewer specialized opportunities compared to more concentrated areas.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| La Crosse-Onalaska, WI-MN Project Management Specialists Salary | $101,280↓ 5% | 64 mi |
| Eau Claire, WI Project Management Specialists Salary | $99,410↓ 7% | 74 mi |
| Mankato, MN Project Management Specialists Salary | $85,640↓ 20% | 75 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Project Management Specialists Salary | $104,170↓ 3% | 77 mi |
Comparing salaries near Rochester, MN
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Rochester, MN?
The median annual salary for a Project Management Specialists in Rochester, MN is $107,070. This typically ranges from $74,510 for entry-level positions to $137,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, MN is 1.7% lower than the national median of $108,900.
Is Rochester, MN a lucrative place for Project Management Specialists?
Yes, Rochester, MN offers a stable earning potential for Project Management Specialists.The average salary of $107,070 is competitive, and with a cost of living at the national average, it provides good purchasing power. The below-average concentration suggests a potentially less competitive job market.
Is Rochester, MN a good place to live for Project Management Specialists?
The Cost of Living Index in Rochester, MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, MN?
Some top paying nearby cities include La Crosse-Onalaska, WI-MN ($101,280) and Eau Claire, WI.
How does Rochester, MN compare to the national average salary for Project Management Specialists?
The average salary in Rochester, MN ($107,070) is slightly lower than the national average ($108,900), by approximately 1.6%.
What is the job market like for Project Management Specialists in Rochester, MN?
The market is moderately sized with 470 specialists and a below-average concentration (LQ of 0.59), suggesting stable demand without oversaturation.
Does the cost of living affect the value of a Project Management Specialist's salary in Rochester, MN?
No, the cost of living in Rochester, MN, is exactly at the national average (100), meaning the $107,070 salary has average purchasing power.
How many Project Management Specialists are there per 1,000 workers in Rochester, MN?
There are approximately 3.848 Project Management Specialists per 1,000 workers in Rochester, MN.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Rochester, MN area with a job density of 3.848 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 Rochester, MN