Average Project Management Specialists Salary in West Central Illinois nonmetropolitan area
Project Management Specialists in the West Central Illinois nonmetropolitan area earn an average annual salary of $93,380. This figure is notably below the national average of $108,900, reflecting the distinct economic landscape and demand dynamics characteristic of nonmetropolitan regions. Factors such as industry concentration and the overall scale of economic activity in the area typically influence compensation levels for specialized roles.
Executive Summary
- Average Salary: $93,380 per year.
- Growth Trend: Salaries have shifted 9.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $145,020.
- Outlook: The local job market for Project Management Specialists in West Central Illinois is characterized by a modest workforce of 240 professionals. With a Location Quotient of 0.21, the concentration of these roles is significantly lower than the national average, suggesting a less saturated but potentially less robust demand compared to more metropolitan areas. The presence of 1.388 jobs per 1,000 workers indicates a steady, albeit niche, presence for this profession.
Salary Overview
The average Project Management Specialists in West Central Illinois nonmetropolitan area earns-14.3%below the national average.
$44.9
$1,796
$7,782
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for West Central Illinois is not provided, it is generally assumed that salaries for Project Management Specialists have experienced steady growth over the past four years, mirroring national trends. Economic development and increased project complexity in various sectors often drive up demand and, consequently, compensation for skilled project managers, even in nonmetropolitan settings.
Project Management Specialists Salary Distribution in West Central Illinois nonmetropolitan area
Salary progression for Project Management Specialists in West Central Illinois, as elsewhere, is typically tied to experience and demonstrated expertise. Entry-level positions will naturally command lower salaries, while senior roles requiring extensive experience, advanced certifications, and a proven track record of successful project delivery will see significantly higher compensation. The percentile gaps in salary distribution serve as a clear indicator of career advancement opportunities and the value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,870 | $25.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,035 | $33.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $84,790 | $40.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $116,725 | $56.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $145,020 | $69.7 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$93,380
Gross Pay
Real Wage (Purchasing Power)
$93,380
Adjusted for COL (100)
The nominal average salary of $93,380 for Project Management Specialists in West Central Illinois aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial foundation for residents. While the salary is lower than the national average for the role, the equivalent cost of living suggests that the take-home pay may offer comparable lifestyle stability.
Job Market Context
240
Total Jobs
1.388
Per 1K Jobs
0.21
Location Quotient
At 0.21x, West Central Illinois 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 0.21 indicates that Project Management Specialists are significantly underrepresented in West Central Illinois compared to the national average. This suggests that the job market for these professionals is not as concentrated or competitive as in other regions. While this might imply fewer job openings, it could also mean less intense competition for available positions, potentially offering a unique advantage for skilled individuals entering or established within this specific market.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Project Management Specialists Salary | $98,550↑ 6% | 9 mi |
| Decatur, IL Project Management Specialists Salary | $109,340↑ 17% | 34 mi |
| Champaign-Urbana, IL Project Management Specialists Salary | $88,570↓ 5% | 41 mi |
| Peoria, IL Project Management Specialists Salary | $98,460↑ 5% | 43 mi |
| Springfield, IL Project Management Specialists Salary | $90,370↓ 3% | 53 mi |
Comparing salaries near West Central Illinois nonmetropolitan area
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Frequently Asked Questions
How much does a Project Management Specialists make in West Central Illinois nonmetropolitan area?
The median annual salary for a Project Management Specialists in West Central Illinois nonmetropolitan area is $93,380. This typically ranges from $53,870 for entry-level positions to $145,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Central Illinois nonmetropolitan area is 14.3% lower than the national median of $108,900.
Is West Central Illinois nonmetropolitan area a lucrative place for Project Management Specialists?
No, not compared to the national average.The average salary of $93,380 is below the national average of $108,900, and the concentration of these roles (LQ of 0.21) is significantly lower, indicating less market demand and potentially fewer high-paying opportunities.
Is West Central Illinois nonmetropolitan area a good place to live for Project Management Specialists?
The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($98,550) and Decatur, IL.
How does the cost of living in West Central Illinois compare to the national average?
The cost of living in the West Central Illinois nonmetropolitan area is exactly at the national average, with an index of 100. This means that the general price level for goods and services is comparable to the national standard.
What is the concentration of Project Management Specialists in this region?
The concentration of Project Management Specialists in West Central Illinois is low, with a Location Quotient of 0.21. This signifies that the proportion of these professionals in the local workforce is less than a quarter of the national average.
How many Project Management Specialist jobs are there per 1,000 workers locally?
There are approximately 1.388 Project Management Specialist jobs for every 1,000 workers in the West Central Illinois nonmetropolitan area.
Is there high demand for Project Management Specialists in West Central Illinois?
The demand appears moderate to low, given the below-average salary and low Location Quotient. While there are jobs available, the market is not as robust as in 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 240 employees in the West Central Illinois nonmetropolitan area area with a job density of 1.388 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 Central Illinois nonmetropolitan area