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Average Project Management Specialists Salary in West Montana nonmetropolitan area

Project Management Specialists in the West Montana nonmetropolitan area earn an average annual salary of $83,370. This figure is notably lower than the national average of $108,900. The localized economic landscape and industry demand within this specific region are primary drivers for this salary differential.

Executive Summary

  • Average Salary: $83,370 per year.
  • Growth Trend: Salaries have shifted 14.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $115,010.
  • Outlook: The Project Management Specialist job market in the West Montana nonmetropolitan area is characterized by a modest workforce of 360 professionals. With a Location Quotient of 0.67, the concentration of these roles is below the national average, suggesting a less saturated but potentially more specialized demand for project management expertise in this region.
2024 Market Data

Salary Overview

$83,370

The average Project Management Specialists in West Montana nonmetropolitan area earns-23.4%below the national average.

BreakdownBased on 40h/week
Hourly

$40.1

Weekly

$1,603

Monthly

$6,948

Project Management Specialists Salary Distribution in West Montana nonmetropolitan area

Salary progression for Project Management Specialists typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior roles, commanding higher salaries, reflect accumulated expertise and a proven track record of successful project delivery. The percentile gaps in salary distributions signify clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,060$25.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$62,528$30.1
ManagerOversees team, compliance, and project delivery.50% (Median)$78,620$37.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$104,213$50.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$115,010$55.3

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$83,370

Gross Pay

Real Wage (Purchasing Power)

$83,370

Adjusted for COL (100)

The nominal average annual salary of $83,370 in the West Montana nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This suggests that the purchasing power of a Project Management Specialist's salary in this region is comparable to the national standard, offering a stable financial environment for residents.

Job Market Context

360

Total Jobs

4.371

Per 1K Jobs

0.67

Location Quotient

Below Average

West Montana nonmetropolitan area has 0.67x the national average concentration of Project Management Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.67 indicates that Project Management Specialists are less concentrated in the West Montana nonmetropolitan area compared to the national average. This suggests that while the overall number of jobs might be lower, the demand for these specialized skills may be relatively consistent, potentially offering good opportunities for those with relevant experience.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near West Montana nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in West Montana nonmetropolitan area?

The median annual salary for a Project Management Specialists in West Montana nonmetropolitan area is $83,370. This typically ranges from $53,060 for entry-level positions to $115,010 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Montana nonmetropolitan area is 23.4% lower than the national median of $108,900.

Is West Montana nonmetropolitan area a lucrative place for Project Management Specialists?

No, it is not as lucrative as the national average.The average salary of $83,370 is significantly below the national average of $108,900, although the cost of living is on par with the national average.

Is West Montana nonmetropolitan area a good place to live for Project Management Specialists?

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

Where are the highest paying cities near West Montana nonmetropolitan area?

Some top paying nearby cities include Great Falls, MT ($88,600) and Helena, MT.

How does the local workforce size affect Project Management Specialist jobs?

The local workforce of 360 Project Management Specialists is relatively small, indicating a niche market. This can mean fewer overall opportunities but potentially less competition for experienced professionals.

What does a Location Quotient of 0.67 mean for Project Management Specialists?

A Location Quotient below 1.0, like 0.67, signifies that Project Management Specialists are less prevalent in this area compared to the national average. This could imply a specialized demand or fewer available positions.

How does the Cost of Living Index impact the salary of $83,370?

With a Cost of Living Index of 100, the $83,370 salary has the same purchasing power as the national average. This means that while the nominal salary is lower, the cost of essential goods and services is also at the national average.

What are the job prospects for Project Management Specialists in West Montana?

Job prospects are moderate, with a below-average concentration of professionals. While the total number of jobs may be limited, the consistent demand indicated by the jobs per 1,000 workers metric suggests stable employment opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the West Montana nonmetropolitan area area with a job density of 4.371 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.