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Average Project Management Specialists Salary in Upper East Mississippi nonmetropolitan area

Project Management Specialists in the Upper East Mississippi nonmetropolitan area earn an average annual salary of $83,040. This figure is notably lower than the national average of $108,900, reflecting the economic landscape and demand specific to this region. Factors such as industry concentration and the overall economic scale of the area typically influence regional salary benchmarks.

Executive Summary

  • Average Salary: $83,040 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $129,810.
  • Outlook: With a local workforce of 450 Project Management Specialists, the job market in Upper East Mississippi presents a niche opportunity. The location quotient of 0.32 indicates a lower concentration of these roles compared to the national average, suggesting that while the absolute number of jobs is modest, the demand may be specialized within the existing industries present in the area.
2024 Market Data

Salary Overview

$83,040

The average Project Management Specialists in Upper East Mississippi nonmetropolitan area earns-23.7%below the national average.

BreakdownBased on 40h/week
Hourly

$39.9

Weekly

$1,597

Monthly

$6,920

Project Management Specialists Salary Distribution in Upper East Mississippi nonmetropolitan area

Salary progression for Project Management Specialists is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior roles with extensive experience and proven track records can significantly exceed the average. The percentile gaps between junior and senior roles highlight the substantial career growth and earning potential available within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$50,710$24.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,280$29.9
ManagerOversees team, compliance, and project delivery.50% (Median)$75,420$36.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$103,800$49.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$129,810$62.4

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$83,040

Gross Pay

Real Wage (Purchasing Power)

$83,040

Adjusted for COL (100)

The nominal salary of $83,040 in Upper East Mississippi 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 this region is equivalent to the national average, offering a stable financial environment without the premium associated with higher cost-of-living areas.

Job Market Context

450

Total Jobs

2.102

Per 1K Jobs

0.32

Location Quotient

Low Concentration

At 0.32x, Upper East Mississippi 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.

A location quotient of 0.32 signifies that Project Management Specialist roles are less concentrated in Upper East Mississippi compared to the national average. This suggests a less saturated market, which could translate to fewer job openings but potentially less competition for available positions, especially for those with specialized skills relevant to local industries.

Nearby Job Markets

Nearby Cities for Project Management Specialists

CitySalaryDist.
Jackson, MS Project Management Specialists Salary$82,450 1%43 mi

Comparing salaries near Upper East Mississippi nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Upper East Mississippi nonmetropolitan area?

The median annual salary for a Project Management Specialists in Upper East Mississippi nonmetropolitan area is $83,040. This typically ranges from $50,710 for entry-level positions to $129,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper East Mississippi nonmetropolitan area is 23.7% lower than the national median of $108,900.

Is Upper East Mississippi nonmetropolitan area a lucrative place for Project Management Specialists?

No, not when compared to national averages.While the average salary of $83,040 is respectable, it falls significantly below the national average of $108,900, indicating lower earning potential in this specific region.

Is Upper East Mississippi nonmetropolitan area a good place to live for Project Management Specialists?

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

Where are the highest paying cities near Upper East Mississippi nonmetropolitan area?

Some top paying nearby cities include Jackson, MS ($82,450) and others.

How does the Upper East Mississippi salary compare to the national average?

The average salary for Project Management Specialists in Upper East Mississippi is $83,040, which is approximately 24% 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 0.32, meaning there are fewer Project Management Specialists relative to the national average.

How does the cost of living affect the salary?

With a cost of living index of 100, the $83,040 salary has the same purchasing power as the national average, indicating a balanced financial standing relative to expenses.

What is the total number of Project Management Specialists in the area?

There are approximately 450 Project Management Specialists employed in the Upper East Mississippi 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 450 employees in the Upper East Mississippi nonmetropolitan area area with a job density of 2.102 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.