Average Project Management Specialists Salary in Winchester, VA-WV
Project Management Specialists in Winchester, VA-WV earn an average annual salary of $101,210. This figure is slightly below the national average of $108,900, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the Winchester area. While not reaching the national benchmark, this salary reflects the value placed on project management expertise within the local market.
Executive Summary
- Average Salary: $101,210 per year.
- Growth Trend: Salaries have shifted 17.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,900.
- Outlook: With a local workforce of 300 Project Management Specialists, the Winchester, VA-WV market demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.68 indicates that the concentration of these roles is somewhat lower than the national average, suggesting that while opportunities exist, the field is not as densely populated as in other regions. The rate of 4.429 jobs per 1,000 workers further supports a moderate level of demand within this specific geographic area.
Salary Overview
The average Project Management Specialists in Winchester, VA-WV earns-7.1%below the national average.
$48.7
$1,946
$8,434
Project Management Specialists Salary Trends (2020-2024)
While specific historical data for Winchester is not provided, it is reasonable to assume that salaries for Project Management Specialists in the region have experienced growth over the past four years, mirroring national trends. Economic expansion, increased project complexity, and the ongoing demand for skilled project managers typically drive salary increases, ensuring that compensation keeps pace with inflation and evolving market expectations.
Project Management Specialists Salary Distribution in Winchester, VA-WV
Salary progression for Project Management Specialists in Winchester, VA-WV, is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with a proven track record and advanced certifications can expect significantly higher compensation. The percentile gaps between junior and senior roles highlight the substantial career growth and earning potential available to those who develop their expertise and take on greater project responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,410 | $28.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,908 | $36.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,970 | $45.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,513 | $60.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,900 | $79.3 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$101,210
Gross Pay
Real Wage (Purchasing Power)
$101,210
Adjusted for COL (100)
The average annual salary of $101,210 in Winchester, VA-WV, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Project Management Specialist's salary in Winchester is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
300
Total Jobs
4.429
Per 1K Jobs
0.68
Location Quotient
Winchester, VA-WV has 0.68x 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 0.68 for Project Management Specialists in Winchester, VA-WV, signifies that the presence of these roles is less concentrated than the national average. This suggests that while the job market is not saturated, the demand might be more specialized or less robust compared to national hubs. It indicates a moderate level of competition, where skilled professionals can find opportunities, but the sheer volume of available positions may be lower.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Hagerstown-Martinsburg, MD-WV Project Management Specialists Salary | $89,940↓ 11% | 40 mi |
| Chambersburg, PA Project Management Specialists Salary | $91,470↓ 10% | 59 mi |
| Harrisonburg, VA Project Management Specialists Salary | $89,410↓ 12% | 63 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Project Management Specialists Salary | $126,690↑ 25% | 64 mi |
| Gettysburg, PA Project Management Specialists Salary | $87,680↓ 13% | 68 mi |
Comparing salaries near Winchester, VA-WV
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Frequently Asked Questions
How much does a Project Management Specialists make in Winchester, VA-WV?
The median annual salary for a Project Management Specialists in Winchester, VA-WV is $101,210. This typically ranges from $59,410 for entry-level positions to $164,900 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winchester, VA-WV is 7.1% lower than the national median of $108,900.
Is Winchester, VA-WV a lucrative place for Project Management Specialists?
Moderately lucrative.Project Management Specialists in Winchester earn $101,210 annually, which is on par with the national cost of living. However, the salary is below the national average, and the job concentration is lower than the national average.
Is Winchester, VA-WV a good place to live for Project Management Specialists?
The Cost of Living Index in Winchester, VA-WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winchester, VA-WV?
Some top paying nearby cities include Hagerstown-Martinsburg, MD-WV ($89,940) and Chambersburg, PA.
How does the Winchester salary compare to the national average?
The average salary for Project Management Specialists in Winchester, VA-WV is $101,210, which is approximately 7.2% lower than the national average of $108,900.
What is the impact of the Cost of Living Index on salary?
With a Cost of Living Index of 100, the Winchester salary of $101,210 offers purchasing power equivalent to the national average, meaning your earnings will stretch as far as they would in a typical US city.
Is there high demand for Project Management Specialists in Winchester?
The demand is moderate, with 4.429 jobs per 1,000 workers. The Location Quotient of 0.68 suggests a lower concentration of these roles compared to the national average, indicating a stable but not exceptionally high demand.
What is the total number of Project Management Specialists in Winchester?
There are approximately 300 Project Management Specialists employed in the Winchester, VA-WV area, contributing to a localized workforce in this field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Winchester, VA-WV area with a job density of 4.429 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 Winchester, VA-WV