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Average Project Management Specialists Salary in St. Cloud, MN

Project Management Specialists in St. Cloud, MN earn an average annual salary of $90,640. This figure is notably below the national average of $108,900, reflecting localized economic factors and demand specific to the St. Cloud metropolitan area. The compensation reflects the unique market dynamics and cost of living within this Minnesota city.

Executive Summary

  • Average Salary: $90,640 per year.
  • Growth Trend: Salaries have shifted 7.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,260.
  • Outlook: With a local workforce of 390 Project Management Specialists, St. Cloud presents a moderate employment landscape for this profession. The Location Quotient of 0.58 indicates a concentration of these roles that is below the national average, suggesting that while opportunities exist, the field is not as densely populated as in other regions. The rate of 3.766 jobs per 1,000 workers further contextualizes the demand within the local economy.
2024 Market Data

Salary Overview

$90,640

The average Project Management Specialists in St. Cloud, MN earns-16.8%below the national average.

BreakdownBased on 40h/week
Hourly

$43.6

Weekly

$1,743

Monthly

$7,553

Project Management Specialists Salary Distribution in St. Cloud, MN

Salary progression for Project Management Specialists in St. Cloud, as elsewhere, is strongly tied to 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 significantly higher compensation. The percentile gaps between junior and senior roles signify the career advancement opportunities and the increasing value placed on expertise and proven track records.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$59,100$28.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$67,980$32.7
ManagerOversees team, compliance, and project delivery.50% (Median)$89,690$43.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$113,300$54.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,260$58.8

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$90,640

Gross Pay

Real Wage (Purchasing Power)

$90,640

Adjusted for COL (100)

The average annual salary of $90,640 in St. Cloud, MN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for residents without the premium or discount often seen in areas with higher or lower costs of living.

Job Market Context

390

Total Jobs

3.766

Per 1K Jobs

0.58

Location Quotient

Below Average

St. Cloud, MN has 0.58x 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 0.58 for Project Management Specialists in St. Cloud indicates that the concentration of these roles is less than half of the national average. This suggests that the job market is not saturated, and while there are dedicated professionals, the demand might be more specialized or less widespread compared to national hubs. This could translate to fewer available positions but potentially less intense competition for those roles that do arise.

Nearby Job Markets

Frequently Asked Questions

How much does a Project Management Specialists make in St. Cloud, MN?

The median annual salary for a Project Management Specialists in St. Cloud, MN is $90,640. This typically ranges from $59,100 for entry-level positions to $122,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Cloud, MN is 16.8% lower than the national median of $108,900.

Is St. Cloud, MN a lucrative place for Project Management Specialists?

No, not when compared to the national average.The average salary of $90,640 is significantly lower than the national average of $108,900, indicating less lucrative earning potential locally. However, the cost of living is on par with the national average, meaning the purchasing power of the salary is maintained.

Is St. Cloud, MN a good place to live for Project Management Specialists?

The Cost of Living Index in St. Cloud, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near St. Cloud, MN?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($87,930) and Southeast Minnesota nonmetropolitan area.

How does St. Cloud's Project Management Specialist salary compare to the national average?

The average salary for Project Management Specialists in St. Cloud, MN is $90,640, which is below the national average of $108,900.

What is the concentration of Project Management Specialists in St. Cloud?

St. Cloud has a Location Quotient of 0.58 for Project Management Specialists, meaning the concentration of these roles is less than the national average.

How does the cost of living in St. Cloud affect the salary?

St. Cloud's Cost of Living Index is 100, which is the national average. This means the $90,640 salary has the same purchasing power as the national average salary.

What is the total number of Project Management Specialists in St. Cloud?

There are approximately 390 Project Management Specialists working in St. Cloud, MN.

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 St. Cloud, MN area with a job density of 3.766 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.