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Average Industrial Engineers Salary in Evansville, IN

Industrial Engineers in Evansville, IN, command an impressive average annual salary of $100,000. This figure slightly trails the national average of $107,860, but localized demand and industry specifics within the Evansville region contribute to this competitive compensation.

Executive Summary

  • Average Salary: $100,000 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,890.
  • Outlook: With a local workforce of 440 Industrial Engineers and a Location Quotient of 1.43, Evansville demonstrates a notable concentration of these professionals, suggesting a robust and potentially growing demand for their specialized skills within the area's industrial landscape.
2024 Market Data

Salary Overview

$100,000

The average Industrial Engineers in Evansville, IN earns-7.3%below the national average.

BreakdownBased on 40h/week
Hourly

$48.1

Weekly

$1,923

Monthly

$8,333

Industrial Engineers Salary Distribution in Evansville, IN

Salary progression for Industrial Engineers in Evansville typically scales significantly with experience. Entry-level positions may start lower, but seasoned professionals with specialized expertise can command salaries well above the average, with percentile gaps clearly indicating substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$65,720$31.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$75,000$36.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$98,630$47.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$125,000$60.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$126,890$61

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$100,000

Gross Pay

Real Wage (Purchasing Power)

$100,000

Adjusted for COL (100)

The average annual salary of $100,000 in Evansville aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Industrial Engineer's salary in Evansville is equivalent to the national standard, offering stability for those relocating.

Job Market Context

440

Total Jobs

3.251

Per 1K Jobs

1.43

Location Quotient

Above Average

With a location quotient of 1.43, Evansville, IN has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

A Location Quotient of 1.43 indicates that Industrial Engineers are more concentrated in Evansville than the national average. This suggests a specialized market where these professionals are in higher demand relative to the general workforce, potentially leading to more targeted opportunities and competitive offers.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Evansville, IN

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Evansville, IN?

The median annual salary for a Industrial Engineers in Evansville, IN is $100,000. This typically ranges from $65,720 for entry-level positions to $126,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Evansville, IN is 7.3% lower than the national median of $107,860.

Is Evansville, IN a lucrative place for Industrial Engineers?

Yes, Evansville offers a competitive environment for Industrial Engineers.The average salary of $100,000 is strong, and the higher-than-average concentration of these roles (LQ 1.43) indicates significant local demand.

Is Evansville, IN a good place to live for Industrial Engineers?

The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Evansville, IN?

Some top paying nearby cities include Owensboro, KY ($92,890) and Paducah, KY-IL.

How does the Evansville salary compare to the national average?

The average salary of $100,000 in Evansville is slightly below the national average of $107,860, but remains highly competitive.

What does the Location Quotient of 1.43 mean for Industrial Engineers in Evansville?

A Location Quotient of 1.43 signifies that Industrial Engineers are more prevalent in Evansville compared to the national average, suggesting a strong local industry presence and demand for these roles.

Is the cost of living in Evansville a factor for Industrial Engineers?

With a Cost of Living Index of 100, Evansville's cost of living is exactly at the national average, meaning the $100,000 salary offers standard purchasing power.

What is the total number of Industrial Engineers in Evansville?

There are approximately 440 Industrial Engineers working in Evansville, IN, contributing to the local industrial sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Evansville, IN area with a job density of 3.251 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.