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Average Project Management Specialists Salary in Western North Carolina nonmetropolitan area

Project Management Specialists in the Western North Carolina nonmetropolitan area earn an average annual salary of $85,450. 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 outside of major metropolitan hubs. The localized pay structure is a direct consequence of regional economic factors and industry concentration.

Executive Summary

  • Average Salary: $85,450 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $119,540.
  • Outlook: With a total local workforce of 830 Project Management Specialists, the job market in Western North Carolina presents a moderate presence. The Location Quotient of 0.5 indicates that this role is less concentrated here compared to the national average, suggesting a potentially less competitive but also less robust demand for these professionals within the region.
2024 Market Data

Salary Overview

$85,450

The average Project Management Specialists in Western North Carolina nonmetropolitan area earns-21.5%below the national average.

BreakdownBased on 40h/week
Hourly

$41.1

Weekly

$1,643

Monthly

$7,121

Project Management Specialists Salary Distribution in Western North Carolina nonmetropolitan area

Salary progression for Project Management Specialists in Western North Carolina typically scales with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior-level roles requiring extensive expertise and a proven track record can significantly exceed the average. The percentile gaps in salary distributions underscore the substantial career progression and earning potential available to experienced professionals in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,940$25.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,088$30.8
ManagerOversees team, compliance, and project delivery.50% (Median)$78,850$37.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$106,813$51.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$119,540$57.5

Detailed Project Management Specialists Market Analysis

Relocation Context

Nominal Salary

$85,450

Gross Pay

Real Wage (Purchasing Power)

$85,450

Adjusted for COL (100)

The nominal average salary of $85,450 in Western North Carolina nonmetropolitan area aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the average salary is equivalent to the national standard, offering a stable financial environment for residents without the premium often associated with higher cost-of-living regions.

Job Market Context

830

Total Jobs

3.234

Per 1K Jobs

0.5

Location Quotient

Below Average

Western North Carolina nonmetropolitan area has 0.50x 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.

The Location Quotient of 0.5 for Project Management Specialists in Western North Carolina nonmetropolitan area signifies that the concentration of these roles is half that of the national average. This suggests that the job market is less saturated, potentially offering unique opportunities for skilled professionals, but also indicating a lower overall demand compared to more concentrated metropolitan areas.

Nearby Job Markets

Nearby Cities for Project Management Specialists

Comparing salaries near Western North Carolina nonmetropolitan area

Hiring Project Management Specialistss?

Frequently Asked Questions

How much does a Project Management Specialists make in Western North Carolina nonmetropolitan area?

The median annual salary for a Project Management Specialists in Western North Carolina nonmetropolitan area is $85,450. This typically ranges from $53,940 for entry-level positions to $119,540 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Western North Carolina nonmetropolitan area is 21.5% lower than the national median of $108,900.

Is Western North Carolina nonmetropolitan area a lucrative place for Project Management Specialists?

No, not compared to the national average.While the cost of living is on par with the national average, the average salary for Project Management Specialists is significantly lower than the national benchmark, indicating less lucrative compensation within this specific region.

Is Western North Carolina nonmetropolitan area a good place to live for Project Management Specialists?

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

Where are the highest paying cities near Western North Carolina nonmetropolitan area?

Some top paying nearby cities include Greensboro-High Point, NC ($98,600) and Pinehurst-Southern Pines, NC.

How does the number of Project Management Specialists in Western North Carolina compare nationally?

With 3.234 jobs per 1,000 workers, the presence of Project Management Specialists in Western North Carolina is less than half of the national concentration, as indicated by the Location Quotient of 0.5.

What is the significance of the Location Quotient (LQ) for Project Management Specialists in this area?

An LQ of 0.5 means that Project Management Specialists are half as concentrated in Western North Carolina nonmetropolitan area compared to the national average, suggesting a less specialized regional market for this profession.

Does the cost of living affect the perceived value of the Project Management Specialist salary?

No, the cost of living in Western North Carolina nonmetropolitan area is exactly at the national average (100), meaning the $85,450 salary has the same purchasing power as the national average salary.

How does the total workforce size impact job prospects for Project Management Specialists?

A total local workforce of 830 Project Management Specialists indicates a smaller, more niche market, which could mean fewer opportunities but potentially less competition for highly qualified individuals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Western North Carolina nonmetropolitan area area with a job density of 3.234 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.