Average Industrial Engineers Salary in Florence, SC
Industrial Engineers in Florence, SC earn an average annual salary of $103,650, which is slightly below the national average of $107,860. This localized pay rate is influenced by a variety of factors specific to the Florence economic landscape, including regional industry demands and the overall cost of doing business.
Executive Summary
- Average Salary: $103,650 per year.
- Growth Trend: Salaries have shifted 16.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $170,810.
- Outlook: The Florence, SC market for Industrial Engineers appears robust, evidenced by a total local workforce of 320 professionals. A Location Quotient of 1.56 indicates a significant concentration of these roles compared to the national average, suggesting a healthy demand and a potentially stable job market for experienced engineers in the area.
Salary Overview
The average Industrial Engineers in Florence, SC earns-3.9%below the national average.
$49.8
$1,993
$8,638
Industrial Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume that Industrial Engineer salaries in Florence, SC have experienced growth over the past four years, mirroring national trends. Economic development and increased industrial activity in the region likely contribute to upward pressure on compensation for these vital roles.
Industrial Engineers Salary Distribution in Florence, SC
Salary progression for Industrial Engineers in Florence, SC, typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior engineers with extensive expertise and specialized skills can command salaries in the upper percentiles. These percentile gaps highlight clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $64,760 | $31.1 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $77,738 | $37.4 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $98,940 | $47.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $129,563 | $62.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $170,810 | $82.1 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$103,650
Gross Pay
Real Wage (Purchasing Power)
$103,650
Adjusted for COL (100)
With an average annual salary of $103,650 and a Cost of Living Index precisely at the national average of 100, Industrial Engineers in Florence, SC can expect their nominal earnings to translate directly to their purchasing power. This means the salary offers a standard of living comparable to the national benchmark, without the added financial strain of a higher cost of living.
Job Market Context
320
Total Jobs
3.546
Per 1K Jobs
1.56
Location Quotient
Florence, SC has 1.6x the national concentration of Industrial Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.56 for Industrial Engineers in Florence, SC, strongly suggests a market with above-average concentration. This indicates that the demand for these specialized skills is higher locally than the national average, potentially leading to more job opportunities and a competitive environment for employers seeking talent.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| Sumter, SC Industrial Engineers Salary | $90,020↓ 13% | 38 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Industrial Engineers Salary | $82,830↓ 20% | 61 mi |
| Columbia, SC Industrial Engineers Salary | $98,090↓ 5% | 64 mi |
| Northwestern South Carolina nonmetropolitan area Industrial Engineers Salary | $98,740↓ 5% | 70 mi |
| Northeastern South Carolina nonmetropolitan area Industrial Engineers Salary | $97,830↓ 6% | 70 mi |
Comparing salaries near Florence, SC
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Florence, SC?
The median annual salary for a Industrial Engineers in Florence, SC is $103,650. This typically ranges from $64,760 for entry-level positions to $170,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 3.9% lower than the national median of $107,860.
Is Florence, SC a lucrative place for Industrial Engineers?
Yes, it offers competitive compensation relative to the cost of living.Industrial Engineers in Florence, SC earn a solid average salary of $103,650, which aligns perfectly with the national average cost of living. This makes the compensation quite favorable when considering local expenses.
Is Florence, SC a good place to live for Industrial Engineers?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($90,020) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does the Florence, SC salary compare to the national average?
The average salary for Industrial Engineers in Florence, SC is $103,650, which is slightly lower than the national average of $107,860.
What is the concentration of Industrial Engineers in Florence, SC?
Florence, SC has a Location Quotient of 1.56 for Industrial Engineers, meaning the concentration of these professionals is 56% higher than the national average.
How does the cost of living in Florence, SC affect the salary?
The Cost of Living Index in Florence, SC is 100, which is exactly the national average. This means the $103,650 salary has purchasing power equivalent to the national average.
What is the total number of Industrial Engineers in Florence, SC?
There are approximately 320 Industrial Engineers working in the Florence, SC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Florence, SC area with a job density of 3.546 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Industrial Engineers Salaries by State
Top Jobs in Florence, SC
- All Occupations Salary in Florence, SC
- Office and Administrative Support Occupations Salary in Florence, SC
- Transportation and Material Moving Occupations Salary in Florence, SC
- Sales and Related Occupations Salary in Florence, SC
- Healthcare Practitioners and Technical Occupations Salary in Florence, SC
- Food Preparation and Serving Related Occupations Salary in Florence, SC
- Production Occupations Salary in Florence, SC
- Healthcare Support Occupations Salary in Florence, SC
- Management Occupations Salary in Florence, SC
- Educational Instruction and Library Occupations Salary in Florence, SC
- Browse All Jobs in Florence, SC →
Semantic Salary Analysis for Industrial Engineers • Data source: BLS OEWS 2024 •Jobs in Florence, SC