Average Project Management Specialists Salary in Southeast Minnesota nonmetropolitan area
Project Management Specialists in the Southeast Minnesota nonmetropolitan area earn an average annual salary of $100,600. This figure is slightly below the national average of $108,900, reflecting the unique economic dynamics and potentially lower demand for specialized project management roles outside of major metropolitan hubs. The specific pay scale in this region is influenced by local industry needs and the overall cost of doing business.
Executive Summary
- Average Salary: $100,600 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $152,080.
- Outlook: The job market for Project Management Specialists in Southeast Minnesota nonmetropolitan areas, with a total local workforce of 420, indicates a niche presence. The Location Quotient of 0.42 suggests that this profession is less concentrated here compared to the national average, implying a potentially less saturated but also possibly less robust demand for these specialized roles. While the absolute number of professionals is modest, the concentration level points to a market where opportunities may be specific to local industries.
Salary Overview
The average Project Management Specialists in Southeast Minnesota nonmetropolitan area earns-7.6%below the national average.
$48.4
$1,935
$8,383
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Project Management Specialists have seen steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, the need for skilled oversight, and inflation. The Southeast Minnesota region likely experienced similar, albeit potentially more moderate, salary escalations as the demand for effective project execution evolved.
Project Management Specialists Salary Distribution in Southeast Minnesota nonmetropolitan area
Salary progression for Project Management Specialists is significantly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with a proven track record in managing complex projects can secure substantially higher compensation. The percentile gaps between junior and senior roles highlight the value placed on expertise, strategic thinking, and successful project delivery, offering a clear career trajectory for ambitious individuals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,260 | $28 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,450 | $36.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,970 | $44.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $125,750 | $60.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $152,080 | $73.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$100,600
Gross Pay
Real Wage (Purchasing Power)
$100,600
Adjusted for COL (100)
The nominal average salary of $100,600 in Southeast Minnesota nonmetropolitan areas 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 region is equivalent to the national average. While the salary is slightly lower than the national average, the cost of living being on par suggests that the effective take-home value of the salary is comparable to national standards.
Job Market Context
420
Total Jobs
2.72
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Southeast Minnesota nonmetropolitan area has a notably lower concentration of Project Management Specialists jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.42, the Southeast Minnesota nonmetropolitan area exhibits a lower concentration of Project Management Specialists compared to the national average. This suggests that the job market is less competitive in terms of the sheer number of available professionals vying for positions. However, it also implies that the demand might be more specialized or tied to specific regional industries, meaning opportunities may be fewer but potentially less contested by a large pool of local candidates.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Project Management Specialists Salary | $90,640↓ 10% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Project Management Specialists Salary | $104,170↑ 4% | 58 mi |
Comparing salaries near Southeast Minnesota nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Southeast Minnesota nonmetropolitan area?
The median annual salary for a Project Management Specialists in Southeast Minnesota nonmetropolitan area is $100,600. This typically ranges from $58,260 for entry-level positions to $152,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southeast Minnesota nonmetropolitan area is 7.6% lower than the national median of $108,900.
Is Southeast Minnesota nonmetropolitan area a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to national averages.The average salary of $100,600 is below the national average, and the lower concentration (LQ of 0.42) indicates a less robust market for these specialized roles.
Is Southeast Minnesota nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in Southeast Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southeast Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($90,640) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the salary compare to the national average?
The average salary for Project Management Specialists in Southeast Minnesota nonmetropolitan areas is $100,600, which is approximately 8% lower than the national average of $108,900.
What is the job market like for Project Management Specialists in this region?
The market is less concentrated than the national average, with a Location Quotient of 0.42, suggesting a niche presence and potentially specialized demand.
Does the cost of living affect the salary's value?
No, the Cost of Living Index is 100, matching the national average, so the $100,600 salary has equivalent purchasing power to the national average salary.
How many Project Management Specialists work in this area?
There are approximately 420 Project Management Specialists employed in the Southeast Minnesota nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Southeast Minnesota nonmetropolitan area area with a job density of 2.72 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 Southeast Minnesota nonmetropolitan area