Average Project Management Specialists Salary in South Central Tennessee nonmetropolitan area
Project Management Specialists in the South Central Tennessee nonmetropolitan area earn an average annual salary of $87,460. This figure is notably below the national average of $108,900, reflecting the unique economic landscape and demand dynamics of this specific region. Factors such as industry concentration and the overall economic output of nonmetropolitan areas often influence compensation levels compared to larger urban centers.
Executive Summary
- Average Salary: $87,460 per year.
- Growth Trend: Salaries have shifted 26.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $129,780.
- Outlook: With a total local workforce of 390 Project Management Specialists, the job market in South Central Tennessee presents a modest but stable environment. The location quotient of 0.54 indicates a lower concentration of these roles compared to the national average, suggesting that while opportunities exist, the field is not as saturated as in other regions. The presence of 3.492 jobs per 1,000 workers signifies a consistent, albeit not booming, demand for project management expertise.
Salary Overview
The average Project Management Specialists in South Central Tennessee nonmetropolitan area earns-19.7%below the national average.
$42.1
$1,682
$7,288
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Project Management Specialists in South Central Tennessee have experienced gradual growth over the past four years, mirroring national trends. Economic development initiatives and the increasing adoption of project management methodologies across various industries likely contribute to a steady upward trajectory in compensation, even if the pace differs from metropolitan counterparts.
Project Management Specialists Salary Distribution in South Central Tennessee nonmetropolitan area
Career progression for Project Management Specialists in South Central Tennessee is typically marked by increasing salary potential. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience and a proven track record can command significantly higher salaries. The percentile gaps in earnings between junior and senior roles underscore the value placed on accumulated expertise, strategic oversight, and leadership capabilities within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $46,710 | $22.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,595 | $31.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,470 | $39.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,325 | $52.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $129,780 | $62.4 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$87,460
Gross Pay
Real Wage (Purchasing Power)
$87,460
Adjusted for COL (100)
The nominal salary of $87,460 for Project Management Specialists in South Central Tennessee aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary in this region is equivalent to the national average. While the salary is lower than the national average, the cost of living being at par suggests that the effective take-home value of the salary is maintained relative to national standards.
Job Market Context
390
Total Jobs
3.492
Per 1K Jobs
0.54
Location Quotient
South Central Tennessee nonmetropolitan area has 0.54x 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.
The Location Quotient (LQ) of 0.54 for Project Management Specialists in South Central Tennessee indicates that this profession is less concentrated in the region compared to the national average. An LQ below 1.0 suggests that there are fewer jobs per capita in this area relative to the nation. This could imply a less competitive market for job seekers, potentially offering more opportunities for those with the right skills, or it could reflect a lower overall demand for these specialized roles in the local economy.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Project Management Specialists Salary | $96,090↑ 10% | 29 mi |
| Clarksville, TN-KY Project Management Specialists Salary | $83,130↓ 5% | 67 mi |
| Huntsville, AL Project Management Specialists Salary | $123,410↑ 41% | 73 mi |
| Decatur, AL Project Management Specialists Salary | $112,190↑ 28% | 83 mi |
| Florence-Muscle Shoals, AL Project Management Specialists Salary | $100,370↑ 15% | 84 mi |
Comparing salaries near South Central Tennessee nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in South Central Tennessee nonmetropolitan area?
The median annual salary for a Project Management Specialists in South Central Tennessee nonmetropolitan area is $87,460. This typically ranges from $46,710 for entry-level positions to $129,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Tennessee nonmetropolitan area is 19.7% lower than the national median of $108,900.
Is South Central Tennessee nonmetropolitan area a lucrative place for Project Management Specialists?
No, not when compared to national averages.While the cost of living is at the national average, the average salary of $87,460 is significantly lower than the national average of $108,900. This indicates that the earning potential for Project Management Specialists is less lucrative in this region.
Is South Central Tennessee nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in South Central Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Tennessee nonmetropolitan area?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($96,090) and Clarksville, TN-KY.
How does the total workforce size affect job prospects?
A total local workforce of 390 Project Management Specialists suggests a relatively small, specialized job market. This can mean fewer openings but potentially less competition for experienced individuals.
What does a Location Quotient of 0.54 mean for job seekers?
A Location Quotient of 0.54 signifies that Project Management Specialists are less common in South Central Tennessee than the national average. This could present unique opportunities for those entering the field or seeking specialized roles.
Are there many Project Management Specialist jobs per capita?
With 3.492 jobs per 1,000 workers, the number of Project Management Specialist roles is present but not exceptionally high, indicating a steady but not rapidly expanding demand.
How does the cost of living impact the salary's real value?
Since the Cost of Living Index is 100 (the national average), the $87,460 salary in South Central Tennessee offers purchasing power equivalent to the national average, despite being lower in nominal terms.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the South Central Tennessee nonmetropolitan area area with a job density of 3.492 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Project Management Specialists Salaries by State
Top Jobs in South Central Tennessee nonmetropolitan area
- All Occupations Salary in South Central Tennessee nonmetropolitan area
- Production Occupations Salary in South Central Tennessee nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Central Tennessee nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Central Tennessee nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Central Tennessee nonmetropolitan area
- Sales and Related Occupations Salary in South Central Tennessee nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Central Tennessee nonmetropolitan area
- Management Occupations Salary in South Central Tennessee nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Central Tennessee nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in South Central Tennessee nonmetropolitan area
- Browse All Jobs in South Central Tennessee nonmetropolitan area →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in South Central Tennessee nonmetropolitan area