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Average Project Management Specialists Salary in Southeast Missouri nonmetropolitan area

Project Management Specialists in Southeast Missouri nonmetropolitan areas earn an average annual salary of $84,070. This figure is notably below the national average of $108,900, reflecting the distinct economic landscape and potentially lower demand for specialized project management roles outside of major metropolitan hubs. The compensation is shaped by regional economic factors and the specific industry needs within this nonmetropolitan setting.

Executive Summary

  • Average Salary: $84,070 per year.
  • Growth Trend: Salaries have shifted 7.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,030.
  • Outlook: The job market for Project Management Specialists in this Southeast Missouri nonmetropolitan area appears to be relatively niche, with a total local workforce of 370 individuals. The Location Quotient of 0.35 indicates a concentration significantly below the national average, suggesting that these roles are less prevalent compared to other occupations in the region. While the absolute number of jobs per 1,000 workers (2.283) provides some measure of presence, the low concentration points to a market that may not be rapidly expanding or heavily reliant on this specific specialization.
2024 Market Data

Salary Overview

$84,070

The average Project Management Specialists in Southeast Missouri nonmetropolitan area earns-22.8%below the national average.

BreakdownBased on 40h/week
Hourly

$40.4

Weekly

$1,617

Monthly

$7,006

Project Management Specialists Salary Distribution in Southeast Missouri nonmetropolitan area

Salary progression for Project Management Specialists typically correlates with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with a proven track record of successful project delivery can expect significantly higher compensation. The percentile gaps in salary data, though not detailed here, generally signify the earning potential as one moves from junior to mid-level and ultimately to senior or lead project management roles, reflecting increased responsibility and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,050$23.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$63,053$30.3
ManagerOversees team, compliance, and project delivery.50% (Median)$77,200$37.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$105,088$50.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$126,030$60.6

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$84,070

Gross Pay

Real Wage (Purchasing Power)

$84,070

Adjusted for COL (100)

The nominal average salary of $84,070 in Southeast Missouri nonmetropolitan areas aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Project Management Specialist's salary in this region is equivalent to that of someone earning the national average salary in a location with a national average cost of living. Therefore, the salary offers a comparable standard of living to the national average, without the premium often associated with higher cost-of-living areas.

Job Market Context

370

Total Jobs

2.283

Per 1K Jobs

0.35

Location Quotient

Low Concentration

At 0.35x, Southeast Missouri 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 0.35, the market for Project Management Specialists in this Southeast Missouri nonmetropolitan area is considerably less concentrated than the national average. This suggests that the demand for these specialized roles is relatively low, and the talent pool may be smaller or less specialized compared to more urbanized regions. Consequently, the job market is likely less competitive in terms of the sheer number of applicants for each opening, but finding highly specialized roles might require more targeted searching.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Southeast Missouri nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Southeast Missouri nonmetropolitan area?

The median annual salary for a Project Management Specialists in Southeast Missouri nonmetropolitan area is $84,070. This typically ranges from $49,050 for entry-level positions to $126,030 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Missouri nonmetropolitan area is 22.8% lower than the national median of $108,900.

Is Southeast Missouri nonmetropolitan area a lucrative place for Project Management Specialists?

No, not compared to the national average.While the $84,070 average salary is substantial, it falls significantly below the national average of $108,900. The low Location Quotient further indicates a less concentrated demand for these roles in the region.

Is Southeast Missouri nonmetropolitan area a good place to live for Project Management Specialists?

The Cost of Living Index in Southeast Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast Missouri nonmetropolitan area?

Some top paying nearby cities include Jefferson City, MO ($89,130) and Columbia, MO.

How does the local salary compare to the national average?

The average annual salary for Project Management Specialists in Southeast Missouri nonmetropolitan areas is $84,070, which is approximately 23% lower than the national average of $108,900.

What is the concentration of Project Management Specialists in this area?

The concentration, measured by the Location Quotient, is 0.35, indicating that Project Management Specialists are less prevalent in this nonmetropolitan area compared to the national average.

How does the cost of living affect the salary's value?

With a Cost of Living Index of 100, the local salary of $84,070 has the same purchasing power as the national average salary in a national average cost of living area, offering a comparable standard of living.

What does the total local workforce size suggest?

A total local workforce of 370 Project Management Specialists suggests a relatively small and specialized job market within this nonmetropolitan region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Southeast Missouri nonmetropolitan area area with a job density of 2.283 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.