Average Project Management Specialists Salary in Winston-Salem, NC
Project Management Specialists in Winston-Salem, NC, earn an average annual salary of $87,980. This figure is notably below the national average of $108,900, suggesting that local market dynamics, industry concentration, and potentially the cost of doing business influence compensation levels in this North Carolina city.
Executive Summary
- Average Salary: $87,980 per year.
- Growth Trend: Salaries have shifted 0.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $128,830.
- Outlook: With a local workforce of 1,320 Project Management Specialists, Winston-Salem presents a moderate employment landscape for this role. The Location Quotient of 0.74 indicates a slightly lower concentration of these professionals compared to the national average, suggesting that while the role is present, it may not be a primary driver of the local economy.
Salary Overview
The average Project Management Specialists in Winston-Salem, NC earns-19.2%below the national average.
$42.3
$1,692
$7,332
Project Management Specialists Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Project Management Specialists across the nation, including in Winston-Salem, have experienced a steady upward trend over the past four years. This growth is typically driven by increasing demand for skilled project managers, inflation, and the evolving complexity of projects across various industries.
Project Management Specialists Salary Distribution in Winston-Salem, NC
Experience plays a crucial role in the earning potential of Project Management Specialists. Entry-level professionals typically start at the lower end of the salary spectrum, while senior specialists with extensive experience and a proven track record can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior salaries reflects the value placed on expertise and leadership in project execution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,450 | $25.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $65,985 | $31.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $80,350 | $38.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $109,975 | $52.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $128,830 | $61.9 |
Detailed Project Management Specialists Market Analysis
Relocation Context
Nominal Salary
$87,980
Gross Pay
Real Wage (Purchasing Power)
$87,980
Adjusted for COL (100)
The average annual salary of $87,980 in Winston-Salem, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that while the nominal salary might appear lower than the national average, the purchasing power of this income within Winston-Salem is equivalent to the national standard, offering a stable financial standing for residents.
Job Market Context
1,320
Total Jobs
4.812
Per 1K Jobs
0.74
Location Quotient
Winston-Salem, NC has 0.74x 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 0.74 for Project Management Specialists in Winston-Salem suggests that the job market is less concentrated than the national average. This could imply fewer specialized opportunities or a smaller pool of highly specialized roles compared to larger metropolitan areas, but it also means the demand might be more consistent relative to the available talent pool.
Nearby Job Markets
Nearby Cities for Project Management Specialists
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Project Management Specialists Salary | $98,600↑ 12% | 23 mi |
| Eastern North Carolina nonmetropolitan area Project Management Specialists Salary | $90,420↑ 3% | 41 mi |
| Western North Carolina nonmetropolitan area Project Management Specialists Salary | $85,450↓ 3% | 41 mi |
| Central North Carolina nonmetropolitan area Project Management Specialists Salary | $89,020↑ 1% | 41 mi |
| Burlington, NC Project Management Specialists Salary | $88,700↑ 1% | 43 mi |
Comparing salaries near Winston-Salem, NC
Hiring Project Management Specialistss?
Frequently Asked Questions
How much does a Project Management Specialists make in Winston-Salem, NC?
The median annual salary for a Project Management Specialists in Winston-Salem, NC is $87,980. This typically ranges from $53,450 for entry-level positions to $128,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Winston-Salem, NC is 19.2% lower than the national median of $108,900.
Is Winston-Salem, NC a lucrative place for Project Management Specialists?
No, not exceptionally lucrative compared to national averages.While the salary of $87,980 is substantial, it falls below the national average of $108,900, indicating less lucrative compensation. However, the cost of living being at the national average means the purchasing power is equivalent.
Is Winston-Salem, NC a good place to live for Project Management Specialists?
The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Winston-Salem, NC?
Some top paying nearby cities include Greensboro-High Point, NC ($98,600) and Eastern North Carolina nonmetropolitan area.
How does Winston-Salem's Project Management Specialist salary compare to the national average?
The average annual salary for Project Management Specialists in Winston-Salem, NC, is $87,980, which is lower than the national average of $108,900.
What is the concentration of Project Management Specialists in Winston-Salem?
The concentration, measured by the Location Quotient, is 0.74, indicating a slightly lower presence of these professionals compared to the national average.
How does the cost of living in Winston-Salem affect the salary?
Winston-Salem has a Cost of Living Index of 100, which is the national average. This means the $87,980 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
What is the total number of Project Management Specialists in Winston-Salem?
There are approximately 1,320 Project Management Specialists employed in Winston-Salem, NC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,320 employees in the Winston-Salem, NC area with a job density of 4.812 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 Winston-Salem, NC