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Average Industrial Engineers Salary in Janesville-Beloit, WI

Industrial Engineers in Janesville-Beloit, WI, command an average annual salary of $97,510. This figure is notably below the national average of $107,860, suggesting that local market dynamics, such as industry concentration and regional economic factors, play a significant role in compensation levels within this Wisconsin metropolitan area.

Executive Summary

  • Average Salary: $97,510 per year.
  • Growth Trend: Salaries have shifted 32.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $127,940.
  • Outlook: The Janesville-Beloit, WI, job market for Industrial Engineers appears moderately robust, evidenced by a local workforce of 270 professionals. The location quotient of 1.7 indicates a higher concentration of these roles compared to the national average, suggesting a sustained demand that outpaces general national trends.
2024 Market Data

Salary Overview

$97,510

The average Industrial Engineers in Janesville-Beloit, WI earns-9.6%below the national average.

BreakdownBased on 40h/week
Hourly

$46.9

Weekly

$1,875

Monthly

$8,126

Industrial Engineers Salary Distribution in Janesville-Beloit, WI

Salary progression for Industrial Engineers in Janesville-Beloit, WI, typically scales with experience. Entry-level positions may start at a lower percentile, while senior engineers with extensive expertise and specialized skills can command salaries in the higher percentiles, reflecting increased responsibility and value to employers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$66,630$32
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$73,133$35.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$96,710$46.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$121,888$58.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$127,940$61.5

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$97,510

Gross Pay

Real Wage (Purchasing Power)

$97,510

Adjusted for COL (100)

With an average annual salary of $97,510 and a Cost of Living Index of 100 (matching the national average), Industrial Engineers in Janesville-Beloit, WI, can expect their earnings to align closely with national purchasing power. This means the nominal salary offers a comparable standard of living to the rest of the United States.

Job Market Context

270

Total Jobs

3.869

Per 1K Jobs

1.7

Location Quotient

Major Hub

Janesville-Beloit, WI has 1.7x 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 1.7 for Industrial Engineers in Janesville-Beloit, WI, signifies a strong regional presence of this profession, with employment opportunities being 70% more concentrated than the national average. This suggests a competitive yet potentially abundant market for skilled professionals in this area.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Janesville-Beloit, WI

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Janesville-Beloit, WI?

The median annual salary for a Industrial Engineers in Janesville-Beloit, WI is $97,510. This typically ranges from $66,630 for entry-level positions to $127,940 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 9.6% lower than the national median of $107,860.

Is Janesville-Beloit, WI a lucrative place for Industrial Engineers?

Yes, with caveats.While the average salary is below the national average, the strong concentration of roles (LQ 1.7) and a cost of living on par with the national average indicate a stable and accessible market for Industrial Engineers.

Is Janesville-Beloit, WI a good place to live for Industrial Engineers?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($92,010) and Madison, WI.

How does the Janesville-Beloit, WI salary compare to the national average?

The average salary for Industrial Engineers in Janesville-Beloit, WI, is $97,510, which is approximately $10,350 less than the national average of $107,860.

What does a Location Quotient of 1.7 mean for Industrial Engineers in Janesville-Beloit, WI?

A location quotient of 1.7 indicates that Industrial Engineers are 70% more concentrated in Janesville-Beloit, WI, than the national average, suggesting a higher prevalence and potentially stronger demand for these roles locally.

How does the Cost of Living in Janesville-Beloit, WI affect the salary?

With a Cost of Living Index of 100, Janesville-Beloit, WI, has a cost of living that is exactly average nationally. Therefore, the $97,510 salary offers purchasing power equivalent to the national average.

What is the total number of Industrial Engineers in Janesville-Beloit, WI?

There are approximately 270 Industrial Engineers employed in the Janesville-Beloit, WI, metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Janesville-Beloit, WI area with a job density of 3.869 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.