Average Project Management Specialists Salary in Virginia
Project Management Specialists in Virginia command an impressive average annual salary of $122,330, significantly surpassing the national average of $108,900. This elevated compensation is largely driven by Virginia's robust economic landscape and a concentrated demand for skilled project management professionals, reflecting the state's strategic importance in various industries.
Executive Summary
- Average Salary: $122,330 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,660.
- Outlook: With a substantial local workforce of 46,960 Project Management Specialists, Virginia demonstrates a strong and established presence in this field. The Location Quotient of 1.77 indicates a concentration nearly double the national average, signaling robust demand and a thriving job market for these professionals within the state.
Salary Overview
The average Project Management Specialists in Virginia earns+12.3%above the national average.
$58.8
$2,353
$10,194
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Project Management Specialists in Virginia have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is likely fueled by increasing project complexity, the adoption of advanced methodologies, and a sustained demand for effective project leadership across diverse sectors.
Project Management Specialists Salary Distribution in Virginia
The career path for Project Management Specialists in Virginia offers significant earning potential, with salaries scaling considerably from entry-level to senior positions. While specific percentile data isn't available, the substantial gap between starting salaries and those earned by seasoned professionals highlights clear opportunities for career advancement and increased compensation through experience and specialized skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,660 | $32 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,748 | $44.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $114,990 | $55.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $152,913 | $73.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $175,660 | $84.5 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$122,330
Gross Pay
Real Wage (Purchasing Power)
$120,641
Adjusted for COL (101.4)
The average annual salary of $122,330 in Virginia presents a favorable financial outlook, especially when considering the local Cost of Living Index of 101.4. This index is only slightly above the national average, suggesting that the higher nominal salary provides a comfortable purchasing power for residents, making Virginia an attractive location for project management professionals.
Job Market Context
46,960
Total Jobs
11.553
Per 1K Jobs
1.77
Location Quotient
Virginia has 1.8x the national concentration of Project Management Specialists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
Virginia's Location Quotient of 1.77 for Project Management Specialists is a compelling indicator of a highly concentrated job market. This signifies that the state employs a disproportionately larger number of these professionals compared to the national average, suggesting a competitive yet abundant environment where specialized talent is highly valued and sought after.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Charlottesville, VA Project Management Specialists Salary | $103,390↓ 15% | 25 mi |
| Richmond, VA Project Management Specialists Salary | $105,760↓ 14% | 41 mi |
| Staunton-Stuarts Draft, VA Project Management Specialists Salary | $93,150↓ 24% | 56 mi |
| Harrisonburg, VA Project Management Specialists Salary | $89,410↓ 27% | 60 mi |
| Lynchburg, VA Project Management Specialists Salary | $102,070↓ 17% | 61 mi |
Comparing salaries near Virginia
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Virginia?
The median annual salary for a Project Management Specialists in Virginia is $122,330. This typically ranges from $66,660 for entry-level positions to $175,660 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Virginia is 12.3% higher than the national median of $108,900.
Is Virginia a lucrative place for Project Management Specialists?
Yes, Virginia is a highly lucrative state for Project Management Specialists.The average salary of $122,330 significantly exceeds the national average, and the cost of living is only marginally higher, offering excellent earning potential.
Is Virginia a good place to live for Project Management Specialists?
The Cost of Living Index in Virginia is 101.4. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Virginia?
Some top paying nearby cities include Charlottesville, VA ($103,390) and Richmond, VA.
How does Virginia's Project Management Specialist salary compare to the national average?
Project Management Specialists in Virginia earn an average of $122,330 annually, which is approximately $13,430 more than the national average of $108,900.
What does the Location Quotient of 1.77 mean for Project Management Specialists in Virginia?
A Location Quotient of 1.77 indicates that Project Management Specialists are significantly more concentrated in Virginia than the national average, suggesting high demand and a robust job market for these roles.
How does the Cost of Living in Virginia affect the salary of Project Management Specialists?
With a Cost of Living Index of 101.4, Virginia is only slightly more expensive than the national average. This means the higher average salary of $122,330 offers strong purchasing power for professionals in the state.
What is the total number of Project Management Specialists employed in Virginia?
Virginia employs a substantial workforce of 46,960 Project Management Specialists, underscoring the state's significant presence in this profession.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 46,960 employees in the Virginia area with a job density of 11.553 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Project Management Specialists Salaries by State
Top Jobs in Virginia
- All Occupations Salary in Virginia
- Office and Administrative Support Occupations Salary in Virginia
- Business and Financial Operations Occupations Salary in Virginia
- Sales and Related Occupations Salary in Virginia
- Food Preparation and Serving Related Occupations Salary in Virginia
- Transportation and Material Moving Occupations Salary in Virginia
- Management Occupations Salary in Virginia
- Educational Instruction and Library Occupations Salary in Virginia
- Computer and Mathematical Occupations Salary in Virginia
- Healthcare Practitioners and Technical Occupations Salary in Virginia
- Browse All Jobs in Virginia →
Semantic Salary Analysis for Project Management Specialists • Data source: BLS OEWS 2024 •Jobs in Virginia