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Average Industrial Engineers Salary in Niles, MI

Industrial Engineers in Niles, MI, can expect an average annual salary of $94,740. This figure is notably below the national average of $107,860, suggesting that local market dynamics and potentially a different industry focus in Niles influence compensation levels for this role. The specific economic landscape and demand within the Niles region play a significant role in shaping these salary outcomes.

Executive Summary

  • Average Salary: $94,740 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $129,570.
  • Outlook: The industrial engineering job market in Niles, MI, shows a moderate level of concentration, as indicated by a Location Quotient of 2.19, significantly above the national average. With a local workforce of 300 Industrial Engineers, this suggests a robust demand relative to the national distribution, implying a stable or potentially growing job market for these professionals within the area.
2024 Market Data

Salary Overview

$94,740

The average Industrial Engineers in Niles, MI earns-12.2%below the national average.

BreakdownBased on 40h/week
Hourly

$45.6

Weekly

$1,822

Monthly

$7,895

Industrial Engineers Salary Distribution in Niles, MI

The salary range for Industrial Engineers in Niles, MI, naturally expands with experience. Entry-level positions typically start at the lower end of the spectrum, while senior engineers with extensive expertise and a proven track record command significantly higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential available as one advances in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$63,030$30.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$71,055$34.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$94,660$45.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$118,425$56.9
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$129,570$62.3

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$94,740

Gross Pay

Real Wage (Purchasing Power)

$94,740

Adjusted for COL (100)

An average annual salary of $94,740 in Niles, MI, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of an Industrial Engineer's salary in Niles is comparable to the national average, offering a stable financial environment without the added pressure of a higher cost of living often associated with major metropolitan areas.

Job Market Context

300

Total Jobs

4.966

Per 1K Jobs

2.19

Location Quotient

Major Hub

Niles, MI has 2.2x 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 2.19 for Industrial Engineers in Niles, MI, indicates a strong concentration of these professionals relative to the national average. This suggests that Niles has a specialized demand or a higher proportion of industrial engineering roles compared to other regions, potentially making the job market competitive for new entrants but favorable for experienced professionals seeking opportunities.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Niles, MI

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Niles, MI?

The median annual salary for a Industrial Engineers in Niles, MI is $94,740. This typically ranges from $63,030 for entry-level positions to $129,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Niles, MI is 12.2% lower than the national median of $107,860.

Is Niles, MI a lucrative place for Industrial Engineers?

Yes, with a caveat.Niles, MI offers a strong concentration of Industrial Engineers (LQ 2.19) and a cost of living on par with the national average. While the average salary is below the national average, the stable cost of living makes it a financially sound location.

Is Niles, MI a good place to live for Industrial Engineers?

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

Where are the highest paying cities near Niles, MI?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($96,550) and Elkhart-Goshen, IN.

How does the Niles, MI salary compare to the national average?

The average annual salary for Industrial Engineers in Niles, MI, is $94,740, which is lower than the national average of $107,860.

What is the concentration of Industrial Engineers in Niles, MI?

Niles, MI has a Location Quotient of 2.19 for Industrial Engineers, meaning the concentration of these professionals is more than double the national average.

How does the cost of living in Niles, MI affect salary perception?

With a Cost of Living Index of 100, Niles, MI, matches the national average. This means the $94,740 salary offers purchasing power equivalent to the national average, making it relatively stable.

What does the job market look like for Industrial Engineers in Niles, MI?

The market shows a strong local presence of Industrial Engineers, with 4.966 jobs per 1,000 workers and a high concentration (LQ 2.19), indicating significant local demand relative to national distribution.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Niles, MI area with a job density of 4.966 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.