Average Project Management Specialists Salary in Southside Virginia nonmetropolitan area
Project Management Specialists in Southside Virginia's nonmetropolitan areas earn an average annual salary of $93,350. This figure is notably below the national average of $108,900, reflecting the unique economic dynamics and potentially lower demand for specialized project management roles in a nonmetropolitan setting compared to larger urban centers.
Executive Summary
- Average Salary: $93,350 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $146,300.
- Outlook: The local workforce for Project Management Specialists comprises 330 individuals, with a Location Quotient of 0.49, indicating a concentration less than half the national average. While the absolute number of professionals is modest, the low concentration suggests that demand might be specialized or emerging, rather than widespread, making the job market less saturated but potentially more competitive for those seeking roles.
Salary Overview
The average Project Management Specialists in Southside Virginia nonmetropolitan area earns-14.3%below the national average.
$44.9
$1,795
$7,779
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Project Management Specialists in Southside Virginia is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national trends. Economic development initiatives and the increasing complexity of projects across various sectors likely contribute to a gradual increase in compensation for skilled professionals in this field.
Project Management Specialists Salary Distribution in Southside Virginia nonmetropolitan area
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with a proven track record and advanced certifications can command salaries well into the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities and increased earning potential within the profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,610 | $25.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,013 | $33.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $83,860 | $40.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,688 | $56.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $146,300 | $70.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$93,350
Gross Pay
Real Wage (Purchasing Power)
$93,350
Adjusted for COL (100)
The average annual salary of $93,350 in Southside Virginia aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, suggesting that the lower pay is balanced by more affordable living expenses.
Job Market Context
330
Total Jobs
3.177
Per 1K Jobs
0.49
Location Quotient
At 0.49x, Southside Virginia 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 0.49, Project Management Specialist roles are less concentrated in Southside Virginia compared to the national average. This suggests that the market is not saturated with these professionals, potentially offering opportunities for skilled individuals. However, it also implies that the demand might be more niche, requiring specialists to actively seek out opportunities or demonstrate unique value to employers.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Project Management Specialists Salary | $103,390↑ 11% | 25 mi |
| Richmond, VA Project Management Specialists Salary | $105,760↑ 13% | 41 mi |
| Staunton-Stuarts Draft, VA Project Management Specialists Salary | $93,150↓ 0% | 56 mi |
| Harrisonburg, VA Project Management Specialists Salary | $89,410↓ 4% | 60 mi |
| Lynchburg, VA Project Management Specialists Salary | $102,070↑ 9% | 61 mi |
Comparing salaries near Southside Virginia nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Southside Virginia nonmetropolitan area?
The median annual salary for a Project Management Specialists in Southside Virginia nonmetropolitan area is $93,350. This typically ranges from $53,610 for entry-level positions to $146,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southside Virginia nonmetropolitan area is 14.3% lower than the national median of $108,900.
Is Southside Virginia nonmetropolitan area a lucrative place for Project Management Specialists?
No, not when compared to the national average.While the cost of living is at the national average, the average salary for Project Management Specialists is significantly lower than the national benchmark. The low concentration also suggests a less robust market for these roles.
Is Southside Virginia nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in Southside Virginia nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southside Virginia nonmetropolitan area?
Some top paying nearby cities include Charlottesville, VA ($103,390) and Richmond, VA.
How does the salary compare to the national average?
The average salary of $93,350 in Southside Virginia is approximately 14.3% lower than the national average of $108,900 for Project Management Specialists.
What is the significance of the Location Quotient?
A Location Quotient of 0.49 means that Project Management Specialists are less than half as common in Southside Virginia compared to the national average, indicating a less concentrated job market.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the local expenses are on par with the national average, meaning the $93,350 salary offers equivalent purchasing power to the national average salary, despite being nominally lower.
What is the total workforce size for this role locally?
There are approximately 330 Project Management Specialists working in the Southside Virginia 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 330 employees in the Southside Virginia nonmetropolitan area area with a job density of 3.177 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 Southside Virginia nonmetropolitan area
- All Occupations Salary in Southside Virginia nonmetropolitan area
- Office and Administrative Support Occupations Salary in Southside Virginia nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Southside Virginia nonmetropolitan area
- Sales and Related Occupations Salary in Southside Virginia nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Southside Virginia nonmetropolitan area
- Production Occupations Salary in Southside Virginia nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Southside Virginia nonmetropolitan area
- Healthcare Support Occupations Salary in Southside Virginia nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Southside Virginia nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in Southside Virginia nonmetropolitan area
- Browse All Jobs in Southside Virginia nonmetropolitan area →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Southside Virginia nonmetropolitan area