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Average Industrial Engineers Salary in New York-Newark-Jersey City, NY-NJ

Industrial Engineers in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an impressive average annual salary of $113,340. This figure notably surpasses the national average of $107,860, indicating a premium for engineering talent within this dynamic economic hub. The concentration of industries and the demand for process optimization in such a large metropolitan area likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $113,340 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $156,570.
  • Outlook: The job market for Industrial Engineers in New York-Newark-Jersey City, NY-NJ appears stable, with a total local workforce of 7,910 professionals. While the Location Quotient of 0.37 suggests a lower concentration compared to the national average, this does not necessarily indicate a weak market. Instead, it may point to a broader industrial base where Industrial Engineers are integrated across various sectors, rather than being hyper-specialized in a few dominant industries.
2024 Market Data

Salary Overview

$113,340

The average Industrial Engineers in New York-Newark-Jersey City, NY-NJ earns+5.1%above the national average.

BreakdownBased on 40h/week
Hourly

$54.5

Weekly

$2,180

Monthly

$9,445

Industrial Engineers Salary Distribution in New York-Newark-Jersey City, NY-NJ

Salary progression for Industrial Engineers in this region is strongly tied to experience and specialization. Entry-level positions typically start at a lower percentile, while seasoned professionals with expertise in areas like lean manufacturing, Six Sigma, or supply chain management can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects significant opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$78,010$37.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$85,005$40.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$107,000$51.4
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$141,675$68.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$156,570$75.3

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$113,340

Gross Pay

Real Wage (Purchasing Power)

$113,340

Adjusted for COL (100)

The average annual salary of $113,340 in New York-Newark-Jersey City, NY-NJ aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of an Industrial Engineer's salary in this metropolitan area is comparable to the national standard, offering a balanced financial landscape despite the perception of higher costs in major urban centers.

Job Market Context

7,910

Total Jobs

0.845

Per 1K Jobs

0.37

Location Quotient

Low Concentration

At 0.37x, New York-Newark-Jersey City, NY-NJ has a notably lower concentration of Industrial Engineers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.37 for Industrial Engineers in New York-Newark-Jersey City, NY-NJ indicates that this profession is less concentrated here than the national average. This suggests that while the demand exists, the market is not saturated with Industrial Engineers relative to other professions. This could translate to a competitive environment for employers seeking specialized talent, potentially leading to favorable compensation for skilled engineers.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Industrial Engineers in New York-Newark-Jersey City, NY-NJ is $113,340. This typically ranges from $78,010 for entry-level positions to $156,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 5.1% higher than the national median of $107,860.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Industrial Engineers?

Yes, it is a lucrative place for Industrial Engineers.The average salary of $113,340 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Industrial Engineers?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($117,900) and Trenton-Princeton, NJ.

How does the local salary compare to the national average?

Industrial Engineers in New York-Newark-Jersey City, NY-NJ earn an average of $113,340 annually, which is higher than the national average of $107,860.

What is the concentration of Industrial Engineers in this area?

The Location Quotient is 0.37, meaning Industrial Engineers are less concentrated in this region compared to the national average.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the salary of $113,340 holds its value comparably to the national average, suggesting a balanced economic environment.

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

There are approximately 7,910 Industrial Engineers employed in the New York-Newark-Jersey City, NY-NJ 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 7,910 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.845 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.