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Average Industrial Engineers Salary in Sioux Falls, SD-MN

Industrial Engineers in Sioux Falls, SD-MN earn an average annual salary of $94,290, which is below the national average of $107,860. This differential is often influenced by the specific industry demands and the overall economic landscape of the region, which may present different opportunities and compensation structures compared to larger, more industrialized metropolitan areas.

Executive Summary

  • Average Salary: $94,290 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,900.
  • Outlook: The Sioux Falls, SD-MN area supports a local workforce of 270 Industrial Engineers. With a Location Quotient of 0.68, the concentration of these roles is slightly below the national average, suggesting a stable but not hyper-competitive market. The presence of 1.547 jobs per 1,000 workers indicates a consistent demand for industrial engineering expertise within the region's economic framework.
2024 Market Data

Salary Overview

$94,290

The average Industrial Engineers in Sioux Falls, SD-MN earns-12.6%below the national average.

BreakdownBased on 40h/week
Hourly

$45.3

Weekly

$1,813

Monthly

$7,858

Industrial Engineers Salary Distribution in Sioux Falls, SD-MN

Salary progression for Industrial Engineers typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior engineers with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary data clearly signify the career trajectory and increased earning potential as professionals advance their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$67,480$32.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$70,718$34
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$92,170$44.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$117,863$56.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$124,900$60

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$94,290

Gross Pay

Real Wage (Purchasing Power)

$94,290

Adjusted for COL (100)

An average annual salary of $94,290 in Sioux Falls, SD-MN 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 Sioux Falls is equivalent to that of someone earning the national average salary in a location with a national average cost of living, offering a balanced financial standing.

Job Market Context

270

Total Jobs

1.547

Per 1K Jobs

0.68

Location Quotient

Below Average

Sioux Falls, SD-MN has 0.68x the national average concentration of Industrial Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.68 for Industrial Engineers in Sioux Falls, SD-MN indicates that the concentration of these professionals is lower than the national average. This suggests that while there is a presence of these roles, the market is not saturated, potentially offering good opportunities for skilled individuals without facing intense competition from a large pool of local candidates.

Nearby Job Markets

Nearby Cities for Industrial Engineers

CitySalaryDist.
Sioux City, IA-NE-SD Industrial Engineers Salary$107,840 14%74 mi

Comparing salaries near Sioux Falls, SD-MN

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Sioux Falls, SD-MN?

The median annual salary for a Industrial Engineers in Sioux Falls, SD-MN is $94,290. This typically ranges from $67,480 for entry-level positions to $124,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sioux Falls, SD-MN is 12.6% lower than the national median of $107,860.

Is Sioux Falls, SD-MN a lucrative place for Industrial Engineers?

No, not exceptionally lucrative compared to the national average.While the average salary of $94,290 is substantial, it falls below the national average of $107,860. However, the cost of living matching the national average provides good purchasing power for the salary offered.

Is Sioux Falls, SD-MN a good place to live for Industrial Engineers?

The Cost of Living Index in Sioux Falls, SD-MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Sioux Falls, SD-MN?

Some top paying nearby cities include Sioux City, IA-NE-SD ($107,840) and others.

How does the Sioux Falls Industrial Engineer salary compare to the national average?

The average annual salary for Industrial Engineers in Sioux Falls, SD-MN is $94,290, which is approximately 12.5% lower than the national average of $107,860.

What is the cost of living in Sioux Falls, SD-MN for Industrial Engineers?

The cost of living in Sioux Falls, SD-MN is exactly at the national average, with an index of 100. This means that the purchasing power of the local salary is equivalent to the national average.

How concentrated is the Industrial Engineer job market in Sioux Falls?

The job market for Industrial Engineers in Sioux Falls is less concentrated than the national average, with a Location Quotient of 0.68, indicating fewer jobs per capita relative to the rest of the country.

What is the total number of Industrial Engineers in Sioux Falls?

There are approximately 270 Industrial Engineers employed in the Sioux Falls, SD-MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Sioux Falls, SD-MN area with a job density of 1.547 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.