Average Project Management Specialists Salary in West Arkansas nonmetropolitan area
Project Management Specialists in the West Arkansas nonmetropolitan area earn an average annual salary of $84,700. This figure is notably below the national average of $108,900, reflecting the distinct economic landscape and potentially lower demand for specialized project management roles in this region compared to more urbanized or industrially concentrated areas.
Executive Summary
- Average Salary: $84,700 per year.
- Growth Trend: Salaries have shifted 4.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,890.
- Outlook: The job market for Project Management Specialists in West Arkansas is characterized by a modest local workforce of 210 professionals. With a Location Quotient of 0.38, the concentration of these roles is significantly lower than the national average, suggesting a less robust demand and fewer available positions relative to the overall employment base in the area.
Salary Overview
The average Project Management Specialists in West Arkansas nonmetropolitan area earns-22.2%below the national average.
$40.7
$1,629
$7,058
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for West Arkansas is not provided, it is generally assumed that salaries for Project Management Specialists have seen incremental growth over the past four years, mirroring broader economic trends and the increasing importance of project management across various industries. This growth, however, may be more subdued in nonmetropolitan areas compared to national averages.
Project Management Specialists Salary Distribution in West Arkansas nonmetropolitan area
Salary progression for Project Management Specialists typically scales with experience. Entry-level positions often fall within the lower percentiles, while seasoned professionals with extensive project portfolios and leadership experience command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial career advancement opportunities and increased earning potential as expertise grows.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,500 | $21.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $63,525 | $30.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $68,860 | $33.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $105,875 | $50.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,890 | $77.8 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$84,700
Gross Pay
Real Wage (Purchasing Power)
$84,700
Adjusted for COL (100)
The nominal average salary of $84,700 in West Arkansas aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the cost of living a neutral factor in assessing the real value of the compensation.
Job Market Context
210
Total Jobs
2.45
Per 1K Jobs
0.38
Location Quotient
At 0.38x, West Arkansas 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 0.38 indicates that Project Management Specialists are less concentrated in West Arkansas than the national average. This suggests that the job market is not saturated, but it also implies a lower overall demand for these professionals within the region, potentially leading to fewer job openings and a more competitive environment for securing positions.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Project Management Specialists Salary | $80,910↓ 4% | 17 mi |
| Hot Springs, AR Project Management Specialists Salary | $74,800↓ 12% | 51 mi |
Comparing salaries near West Arkansas nonmetropolitan area
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in West Arkansas nonmetropolitan area?
The median annual salary for a Project Management Specialists in West Arkansas nonmetropolitan area is $84,700. This typically ranges from $44,500 for entry-level positions to $161,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Arkansas nonmetropolitan area is 22.2% lower than the national median of $108,900.
Is West Arkansas nonmetropolitan area a lucrative place for Project Management Specialists?
No, it is not considered lucrative compared to national standards.The average salary of $84,700 is significantly lower than the national average of $108,900, and the low Location Quotient suggests limited demand for these roles in the region.
Is West Arkansas nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in West Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Arkansas nonmetropolitan area?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($80,910) and Hot Springs, AR.
How does the number of Project Management Specialists in West Arkansas compare nationally?
With only 210 Project Management Specialists locally and a Location Quotient of 0.38, the concentration of these professionals is substantially lower than the national average.
What is the job availability like for Project Management Specialists in West Arkansas?
The low Location Quotient and a relatively small local workforce suggest that job availability for Project Management Specialists may be limited compared to more metropolitan areas.
Does the cost of living in West Arkansas affect the value of the Project Management Specialist salary?
No, the local Cost of Living Index is 100, which is the national average. Therefore, the $84,700 salary has the same purchasing power as the national average salary.
What does a Location Quotient of 0.38 mean for Project Management Specialists in West Arkansas?
A Location Quotient below 1.0, such as 0.38, signifies that this profession is less common in West Arkansas than the national average, indicating lower demand and fewer job opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the West Arkansas nonmetropolitan area area with a job density of 2.45 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 West Arkansas nonmetropolitan area