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Average Industrial Engineers Salary in Memphis, TN-MS-AR

Industrial Engineers in the Memphis, TN-MS-AR metropolitan area command an average annual salary of $100,660. This figure is slightly below the national average of $107,860, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the area.

Executive Summary

  • Average Salary: $100,660 per year.
  • Growth Trend: Salaries have shifted 26.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $133,070.
  • Outlook: The Memphis region supports a robust workforce of 1,430 Industrial Engineers, with a location quotient of 1.02 indicating a concentration very close to the national average. This suggests a stable and consistent demand for these professionals, reflecting the area's industrial base and logistical importance.
2024 Market Data

Salary Overview

$100,660

The average Industrial Engineers in Memphis, TN-MS-AR earns-6.7%below the national average.

BreakdownBased on 40h/week
Hourly

$48.4

Weekly

$1,936

Monthly

$8,388

Industrial Engineers Salary Distribution in Memphis, TN-MS-AR

Salary progression for Industrial Engineers in Memphis is significantly influenced by experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects substantial career advancement opportunities and increased earning potential with expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$66,240$31.8
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$75,495$36.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$99,990$48.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$125,825$60.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$133,070$64

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$100,660

Gross Pay

Real Wage (Purchasing Power)

$100,660

Adjusted for COL (100)

With an average annual salary of $100,660 and a Cost of Living Index at the national average of 100, Industrial Engineers in Memphis experience a salary that directly aligns with the typical cost of living nationwide. This means their purchasing power is comparable to that of their counterparts in other major metropolitan areas across the country.

Job Market Context

1,430

Total Jobs

2.306

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

The location quotient of 1.02 for Industrial Engineers in Memphis signifies a job market that is nearly identical in concentration to the national average. This suggests a balanced market where demand and supply are relatively stable, offering consistent opportunities without extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Memphis, TN-MS-AR

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Memphis, TN-MS-AR?

The median annual salary for a Industrial Engineers in Memphis, TN-MS-AR is $100,660. This typically ranges from $66,240 for entry-level positions to $133,070 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 6.7% lower than the national median of $107,860.

Is Memphis, TN-MS-AR a lucrative place for Industrial Engineers?

Yes, with a stable salary aligned to the national cost of living.Industrial Engineers in Memphis earn $100,660, which aligns perfectly with the national average cost of living. The stable job market concentration indicates consistent demand for their skills.

Is Memphis, TN-MS-AR a good place to live for Industrial Engineers?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Memphis, TN-MS-AR?

Some top paying nearby cities include Jonesboro, AR ($94,200) and Jackson, TN.

How does the Memphis salary compare to the national average?

The average annual salary for Industrial Engineers in Memphis is $100,660, which is slightly lower than the national average of $107,860.

What is the concentration of Industrial Engineers in Memphis?

The concentration, measured by the location quotient, is 1.02, indicating that the proportion of Industrial Engineers in Memphis is very close to the national average.

How does the cost of living in Memphis affect the salary?

Memphis has a Cost of Living Index of 100, which is the national average. This means the $100,660 salary offers purchasing power equivalent to the national standard.

What is the total number of Industrial Engineers in the Memphis workforce?

There are approximately 1,430 Industrial Engineers employed within the Memphis, TN-MS-AR 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 1,430 employees in the Memphis, TN-MS-AR area with a job density of 2.306 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.