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Average Industrial Engineers Salary in Lima, OH

Industrial Engineers in Lima, OH, command an average annual salary of $102,480. This figure is slightly below the national average of $107,860, suggesting that while demand is present, local economic factors or industry specifics may influence compensation levels. The concentration of this role within Lima's workforce plays a key part in understanding this salary landscape.

Executive Summary

  • Average Salary: $102,480 per year.
  • Growth Trend: Salaries have shifted 4.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $138,530.
  • Outlook: With a local workforce of 290 Industrial Engineers and a Location Quotient of 2.61, Lima, OH, demonstrates a significantly higher concentration of these professionals compared to the national average. This robust presence indicates a strong and established demand for industrial engineering expertise within the region, suggesting a healthy and potentially growing job market for these specialists.
2024 Market Data

Salary Overview

$102,480

The average Industrial Engineers in Lima, OH earns-5.0%below the national average.

BreakdownBased on 40h/week
Hourly

$49.3

Weekly

$1,971

Monthly

$8,540

Industrial Engineers Salary Distribution in Lima, OH

The career trajectory for Industrial Engineers in Lima, OH, typically shows a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles. These percentile gaps clearly signify the value placed on experience and expertise within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$77,480$37.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$76,860$37
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$102,190$49.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$128,100$61.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$138,530$66.6

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$102,480

Gross Pay

Real Wage (Purchasing Power)

$102,480

Adjusted for COL (100)

An average annual salary of $102,480 in Lima, OH, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an Industrial Engineer's salary in Lima is comparable to that of their counterparts in a typical U.S. city, offering a stable financial environment for residents.

Job Market Context

290

Total Jobs

5.921

Per 1K Jobs

2.61

Location Quotient

Major Hub

Lima, OH has 2.6x 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 2.61 for Industrial Engineers in Lima, OH, signifies a substantial concentration of these roles relative to the national average. This indicates that Lima is a key hub for industrial engineering talent, suggesting a competitive market where employers actively seek and value these professionals, potentially leading to more specialized opportunities.

Nearby Job Markets

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Lima, OH?

The median annual salary for a Industrial Engineers in Lima, OH is $102,480. This typically ranges from $77,480 for entry-level positions to $138,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lima, OH is 5.0% lower than the national median of $107,860.

Is Lima, OH a lucrative place for Industrial Engineers?

Yes, Lima, OH offers a competitive salary for Industrial Engineers.With an average salary of $102,480 and a cost of living matching the national average, Lima provides a strong financial standing for these professionals. The high concentration of Industrial Engineers further indicates robust local demand.

Is Lima, OH a good place to live for Industrial Engineers?

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

Where are the highest paying cities near Lima, OH?

Some top paying nearby cities include Springfield, OH ($93,650) and Fort Wayne, IN.

How does Lima, OH compare to the national average salary for Industrial Engineers?

The average salary for Industrial Engineers in Lima, OH, is $102,480, which is slightly lower than the national average of $107,860.

What is the significance of the Location Quotient (LQ) in Lima, OH for Industrial Engineers?

An LQ of 2.61 means that Industrial Engineers are more than twice as concentrated in Lima, OH, compared to the national average, indicating a strong regional presence and demand for this profession.

How does the cost of living in Lima, OH affect the Industrial Engineer salary?

With a Cost of Living Index of 100, Lima's cost of living is exactly at the national average. Therefore, the $102,480 salary offers purchasing power equivalent to the national average.

What does the total local workforce number imply for Industrial Engineers in Lima, OH?

A local workforce of 290 Industrial Engineers suggests a significant, established community of professionals in Lima, OH, supporting a consistent demand for their skills within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Lima, OH area with a job density of 5.921 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.