Average Project Management Specialists Salary in Syracuse, NY
Project Management Specialists in Syracuse, NY, command an impressive average annual salary of $108,950. This figure is virtually on par with the national average of $108,900, indicating a stable and competitive compensation landscape. The local economic factors and demand within Syracuse contribute to this strong pay rate for specialized project management roles.
Executive Summary
- Average Salary: $108,950 per year.
- Growth Trend: Salaries have shifted 12.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,250.
- Outlook: Syracuse boasts a dedicated workforce of 1,800 Project Management Specialists, with a Location Quotient of 0.93, suggesting a market that closely mirrors national employment concentrations. The presence of approximately 6.1 jobs per 1,000 workers indicates a steady demand for these professionals within the local economy, signifying a robust and consistent job market.
Salary Overview
The average Project Management Specialists in Syracuse, NY earns+0.0%above the national average.
$52.4
$2,095
$9,079
Project Management Specialists Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Project Management Specialist salaries in Syracuse, NY, have experienced a positive growth trajectory over the past four years, mirroring national trends. This growth is typically driven by increasing project complexity, the demand for skilled management, and inflation, ensuring that compensation keeps pace with evolving market needs.
Project Management Specialists Salary Distribution in Syracuse, NY
Salary progression for Project Management Specialists in Syracuse is strongly tied to experience and expertise. Entry-level positions will naturally command lower salaries, while senior specialists with extensive track records and proven success in managing complex projects can expect to earn significantly more, often reaching the higher percentiles of the salary range. These percentile gaps clearly signify the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,970 | $30.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,713 | $39.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,990 | $50 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,188 | $65.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,250 | $78 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$108,950
Gross Pay
Real Wage (Purchasing Power)
$108,950
Adjusted for COL (100)
The average annual salary of $108,950 in Syracuse, NY, offers excellent purchasing power, as the local Cost of Living Index stands at 100, precisely matching the national average. This means that the nominal salary earned by Project Management Specialists translates directly into real-world value, allowing for a comfortable lifestyle without the financial strain often associated with higher cost-of-living areas.
Job Market Context
1,800
Total Jobs
6.099
Per 1K Jobs
0.93
Location Quotient
Syracuse, NY has 0.93x 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.
With a Location Quotient of 0.93, Syracuse's market for Project Management Specialists is slightly less concentrated than the national average, but still very close. This indicates a healthy and accessible job market where demand is present but not overwhelmingly saturated, offering good opportunities for both job seekers and employers seeking specialized talent.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Ithaca, NY Project Management Specialists Salary | $95,370↓ 12% | 45 mi |
| Utica-Rome, NY Project Management Specialists Salary | $99,530↓ 9% | 46 mi |
| Watertown-Fort Drum, NY Project Management Specialists Salary | $91,920↓ 16% | 66 mi |
| Binghamton, NY Project Management Specialists Salary | $113,120↑ 4% | 66 mi |
| Elmira, NY Project Management Specialists Salary | $108,280↓ 1% | 74 mi |
Comparing salaries near Syracuse, NY
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Syracuse, NY?
The median annual salary for a Project Management Specialists in Syracuse, NY is $108,950. This typically ranges from $63,970 for entry-level positions to $162,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Syracuse, NY is 0.0% higher than the national median of $108,900.
Is Syracuse, NY a lucrative place for Project Management Specialists?
Yes, Syracuse, NY offers a lucrative environment for Project Management Specialists.The average salary of $108,950 is on par with the national average, and coupled with a cost of living that matches the national index, it provides strong real-world earning potential.
Is Syracuse, NY a good place to live for Project Management Specialists?
The Cost of Living Index in Syracuse, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Syracuse, NY?
Some top paying nearby cities include Ithaca, NY ($95,370) and Utica-Rome, NY.
How does the number of Project Management Specialists in Syracuse compare to the national average?
Syracuse has a local workforce of 1,800 Project Management Specialists. Its Location Quotient of 0.93 indicates that the concentration of these professionals is very close to, but slightly below, the national average.
What is the job availability like for Project Management Specialists in Syracuse?
With approximately 6.1 Project Management Specialist jobs per 1,000 workers, the job market in Syracuse shows consistent demand, suggesting a stable environment for professionals in this field.
Does experience significantly impact salary for Project Management Specialists in Syracuse?
Yes, experience is a key driver of salary. Entry-level specialists will earn less, while senior roles with proven expertise command higher salaries, reflecting the typical career progression in this field.
How does the cost of living in Syracuse affect the Project Management Specialist salary?
The cost of living in Syracuse is exactly at the national average (100). This means the average salary of $108,950 holds its value well, providing good purchasing power for residents.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,800 employees in the Syracuse, NY area with a job density of 6.099 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 Syracuse, NY