Average Project Management Specialists Salary in Toledo, OH
Project Management Specialists in Toledo, OH, earn an average annual salary of $93,020. This figure is notably below the national average of $108,900, reflecting localized market dynamics and potentially a different demand-supply equilibrium within the region. The specific economic landscape and industry concentration in Toledo directly influence compensation levels for these vital roles.
Executive Summary
- Average Salary: $93,020 per year.
- Growth Trend: Salaries have shifted 5.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $136,860.
- Outlook: With a local workforce of 1,410 Project Management Specialists and a Location Quotient of 0.74, Toledo presents a market that is slightly less concentrated than the national average. While not a major hub for this specific profession, the presence of nearly 5 Project Management Specialists per 1,000 workers indicates a steady, albeit not booming, demand. This suggests a stable job market with consistent opportunities for skilled professionals.
Salary Overview
The average Project Management Specialists in Toledo, OH earns-14.6%below the national average.
$44.7
$1,789
$7,752
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Toledo is not provided, it is generally assumed that salaries for Project Management Specialists nationwide have experienced steady growth over the past four years, driven by increasing project complexity and the demand for efficient management practices. This trend likely extends to Toledo, with compensation adjustments reflecting broader economic factors and inflation, even if the pace differs from national averages.
Project Management Specialists Salary Distribution in Toledo, OH
Salary progression for Project Management Specialists in Toledo, as elsewhere, is strongly tied to experience and demonstrated expertise. Entry-level positions typically command lower salaries, while senior roles, requiring extensive project leadership and strategic oversight, can significantly exceed the average. The percentile gaps in earning potential highlight the substantial career growth and increased earning capacity available as professionals advance through their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $48,550 | $23.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,765 | $33.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,690 | $39.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,275 | $55.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $136,860 | $65.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$93,020
Gross Pay
Real Wage (Purchasing Power)
$93,020
Adjusted for COL (100)
The average annual salary of $93,020 in Toledo, OH, 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 Toledo is equivalent to the national standard, making it a financially stable location for professionals in this field. While the nominal salary is lower than the national average, the cost of living effectively neutralizes this difference for residents.
Job Market Context
1,410
Total Jobs
4.846
Per 1K Jobs
0.74
Location Quotient
Toledo, OH has 0.74x 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 0.74 for Project Management Specialists in Toledo indicates that the profession is less concentrated in this metropolitan area compared to the national average. This suggests that while opportunities exist, the market may be less competitive than in larger, more specialized hubs. Employers might find it easier to recruit talent, but professionals may also face fewer specialized roles compared to areas with a higher concentration.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Project Management Specialists Salary | $102,370↑ 10% | 20 mi |
| Ann Arbor, MI Project Management Specialists Salary | $98,550↑ 6% | 43 mi |
| Sandusky, OH Project Management Specialists Salary | $96,630↑ 4% | 48 mi |
| Detroit-Warren-Dearborn, MI Project Management Specialists Salary | $107,380↑ 15% | 54 mi |
| Jackson, MI Project Management Specialists Salary | $99,720↑ 7% | 58 mi |
Comparing salaries near Toledo, OH
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Frequently Asked Questions
How much does a Project Management Specialists make in Toledo, OH?
The median annual salary for a Project Management Specialists in Toledo, OH is $93,020. This typically ranges from $48,550 for entry-level positions to $136,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Toledo, OH is 14.6% lower than the national median of $108,900.
Is Toledo, OH a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to the national average.While the average salary of $93,020 is substantial, it falls below the national average of $108,900. However, the cost of living matching the national average means the salary offers equivalent purchasing power.
Is Toledo, OH a good place to live for Project Management Specialists?
The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Toledo, OH?
Some top paying nearby cities include Monroe, MI ($102,370) and Ann Arbor, MI.
How does Toledo's Project Management Specialist salary compare to the national average?
The average salary in Toledo, OH, is $93,020, which is approximately 14.5% lower than the national average of $108,900.
What is the cost of living in Toledo, OH for Project Management Specialists?
Toledo's Cost of Living Index is 100, which is exactly the national average. This means the cost of goods and services is comparable to the rest of the country.
How many Project Management Specialists are there in Toledo, OH?
There are approximately 1,410 Project Management Specialists employed in Toledo, OH.
Is the job market for Project Management Specialists strong in Toledo, OH?
The market shows steady demand with 4.846 jobs per 1,000 workers, but the lower Location Quotient suggests it's not a primary hub for the profession compared to national averages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,410 employees in the Toledo, OH area with a job density of 4.846 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 Toledo, OH