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Average Industrial Engineers Salary in Northwest Minnesota nonmetropolitan area

Industrial Engineers in the Northwest Minnesota nonmetropolitan area earn an average annual salary of $91,500. This figure is notably below the national average of $107,860, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $91,500 per year.
  • Growth Trend: Salaries have shifted 12.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,700.
  • Outlook: The industrial engineering job market in Northwest Minnesota is moderately concentrated, with a total local workforce of 500 professionals. The location quotient of 1.14 indicates a slightly higher presence of these roles compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for industrial engineering expertise in the region.
2024 Market Data

Salary Overview

$91,500

The average Industrial Engineers in Northwest Minnesota nonmetropolitan area earns-15.2%below the national average.

BreakdownBased on 40h/week
Hourly

$44

Weekly

$1,760

Monthly

$7,625

Industrial Engineers Salary Distribution in Northwest Minnesota nonmetropolitan area

Salary progression for Industrial Engineers in Northwest Minnesota typically scales with experience. Entry-level positions may start at a lower percentile, while senior engineers with extensive experience and specialized skills can command salaries significantly above the average. The increasing salary percentiles reflect the value of accumulated knowledge and leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$63,740$30.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$68,625$33
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$85,170$40.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$114,375$55
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$126,700$60.9

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$91,500

Gross Pay

Real Wage (Purchasing Power)

$91,500

Adjusted for COL (100)

The average annual salary of $91,500 in Northwest Minnesota aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an industrial engineer's salary in this region is comparable to that of their counterparts in a typical U.S. location, offering a stable financial outlook.

Job Market Context

500

Total Jobs

2.597

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Northwest Minnesota nonmetropolitan area has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

With a location quotient of 1.14, Northwest Minnesota demonstrates a slightly higher concentration of Industrial Engineers than the national average. This suggests a moderately competitive job market where employers may seek specialized skills, but the overall demand remains consistent with regional industrial needs.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Northwest Minnesota nonmetropolitan area

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Northwest Minnesota nonmetropolitan area?

The median annual salary for a Industrial Engineers in Northwest Minnesota nonmetropolitan area is $91,500. This typically ranges from $63,740 for entry-level positions to $126,700 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Minnesota nonmetropolitan area is 15.2% lower than the national median of $107,860.

Is Northwest Minnesota nonmetropolitan area a lucrative place for Industrial Engineers?

No, not significantly more lucrative than the national average.While the average salary of $91,500 is substantial, it falls below the national average. However, the cost of living is also at the national average, making the purchasing power comparable.

Is Northwest Minnesota nonmetropolitan area a good place to live for Industrial Engineers?

The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($92,150) and Minneapolis-St. Paul-Bloomington, MN-WI.

How does the Northwest Minnesota salary compare to the national average?

The average salary for Industrial Engineers in Northwest Minnesota is $91,500, which is lower than the national average of $107,860.

What is the concentration of Industrial Engineers in this area?

The location quotient is 1.14, indicating a slightly higher concentration of Industrial Engineers in Northwest Minnesota compared to the national average.

How does the cost of living affect the salary?

The cost of living in Northwest Minnesota is at the national average (100), meaning the $91,500 salary offers purchasing power equivalent to the national average.

What is the total number of Industrial Engineers in this region?

There are approximately 500 Industrial Engineers working in the Northwest Minnesota nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 2.597 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.