Project Management Specialists in the Upper Peninsula of Michigan nonmetropolitan area earn an average annual salary of $88,720. This figure is notably below the national average of $108,900, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as local industry concentration and the overall economic activity in nonmetropolitan areas often influence compensation levels compared to larger urban centers.
Executive Summary
- Average Salary: $88,720 per year.
- Growth Trend: Salaries have shifted 15.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $123,020.
- Outlook: The job market for Project Management Specialists in the Upper Peninsula of Michigan appears to be moderately established, with a total local workforce of 350 individuals. The Location Quotient of 0.48 suggests that this profession is less concentrated here than the national average, indicating a potentially stable but not overly saturated demand. With 3.11 jobs per 1,000 workers, the presence of these roles signifies ongoing project needs within the local economy.
Salary Overview
The average Project Management Specialists in Upper Peninsula of Michigan nonmetropolitan area earns-18.5%below the national average.
$42.7
$1,706
$7,393
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for the Upper Peninsula is not provided, it is reasonable to assume that salaries for Project Management Specialists have experienced growth over the past four years, mirroring national trends. Economic recovery, increased project complexity, and a growing reliance on skilled project managers across various sectors likely contribute to upward salary adjustments, even in nonmetropolitan areas.
Project Management Specialists Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area
Salary progression for Project Management Specialists typically scales significantly with experience. Entry-level positions will command lower salaries, while senior roles, requiring extensive expertise and a proven track record, will see a substantial increase. The percentile gaps between junior and senior roles signify clear career progression pathways and the increasing value placed on seasoned professionals within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $55,220 | $26.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $66,540 | $32 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $82,490 | $39.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $110,900 | $53.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $123,020 | $59.1 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$88,720
Gross Pay
Real Wage (Purchasing Power)
$88,720
Adjusted for COL (100)
The nominal average salary of $88,720 in the Upper Peninsula of Michigan aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average. Therefore, relocating professionals can expect their earnings to cover expenses at a comparable rate to the rest of the country, offering a stable financial foundation.
Job Market Context
350
Total Jobs
3.11
Per 1K Jobs
0.48
Location Quotient
At 0.48x, Upper Peninsula of Michigan 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 0.48, Project Management Specialist roles are less concentrated in the Upper Peninsula of Michigan compared to the national average. This suggests that the market is less competitive and potentially offers more opportunities for skilled professionals to establish themselves. While not a hub for this profession, the steady presence of 3.11 jobs per 1,000 workers indicates a consistent demand that may be easier to meet for those seeking employment.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Midland, MI Project Management Specialists Salary | $109,770↑ 24% | 26 mi |
| Saginaw, MI Project Management Specialists Salary | $94,310↑ 6% | 30 mi |
| Bay City, MI Project Management Specialists Salary | $84,080↓ 5% | 37 mi |
| Lansing-East Lansing, MI Project Management Specialists Salary | $96,100↑ 8% | 42 mi |
| Flint, MI Project Management Specialists Salary | $91,760↑ 3% | 47 mi |
Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area
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Frequently Asked Questions
How much does a Project Management Specialists make in Upper Peninsula of Michigan nonmetropolitan area?
The median annual salary for a Project Management Specialists in Upper Peninsula of Michigan nonmetropolitan area is $88,720. This typically ranges from $55,220 for entry-level positions to $123,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 18.5% lower than the national median of $108,900.
Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Project Management Specialists?
No, not compared to the national average.The average salary of $88,720 is significantly lower than the national average of $108,900. However, the cost of living is on par with the national average, meaning purchasing power is equivalent.
Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in Upper Peninsula of Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?
Some top paying nearby cities include Midland, MI ($109,770) and Saginaw, MI.
How does the local workforce size impact job availability for Project Management Specialists?
A local workforce of 350 suggests a smaller, more specialized talent pool. This can mean less competition for experienced professionals but also potentially fewer overall job openings compared to larger metropolitan areas.
What does a Location Quotient of 0.48 signify for Project Management Specialists in this region?
A Location Quotient below 1.0, like 0.48, indicates that Project Management Specialists are less prevalent in the Upper Peninsula of Michigan than the national average. This can translate to a less saturated job market but also potentially fewer specialized roles.
How does the Cost of Living Index of 100 affect the perceived value of the $88,720 salary?
An index of 100 means the cost of living is exactly average. Therefore, the $88,720 salary offers the same purchasing power as the national average salary, making it neither exceptionally high nor low in terms of affordability.
Are there many Project Management Specialist jobs per capita in the Upper Peninsula of Michigan?
With 3.11 jobs per 1,000 workers, the density of Project Management Specialist roles is moderate. This suggests a consistent need for these professionals within the local economy, though not at the highest concentrations seen nationally.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 3.11 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 Upper Peninsula of Michigan nonmetropolitan area