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Average Industrial Engineers Salary in South Central Kentucky nonmetropolitan area

Industrial Engineers in South Central Kentucky nonmetropolitan area earn an average annual salary of $87,900. This figure is notably below the national average of $107,860, reflecting regional economic factors and potentially a different industry focus compared to national hubs. The specific demand and industry mix within this nonmetropolitan region directly influence the compensation offered to these vital engineering professionals.

Executive Summary

  • Average Salary: $87,900 per year.
  • Growth Trend: Salaries have shifted 9.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $118,990.
  • Outlook: The industrial engineering job market in South Central Kentucky nonmetropolitan area is moderately concentrated, with a Location Quotient of 1.1, indicating a slightly higher presence than the national average. Supporting a local workforce of 430 professionals, this suggests a stable, albeit not rapidly expanding, demand for industrial engineers within the region. The presence of 2.502 jobs per 1,000 workers points to a consistent need for their expertise in optimizing operations and processes.
2024 Market Data

Salary Overview

$87,900

The average Industrial Engineers in South Central Kentucky nonmetropolitan area earns-18.5%below the national average.

BreakdownBased on 40h/week
Hourly

$42.3

Weekly

$1,690

Monthly

$7,325

Industrial Engineers Salary Distribution in South Central Kentucky nonmetropolitan area

Salary progression for Industrial Engineers in South Central Kentucky nonmetropolitan area typically scales with experience. Entry-level positions might start closer to the lower percentiles, while senior engineers with extensive project management and design expertise can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and the increasing value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$62,700$30.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$65,925$31.7
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$81,630$39.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$109,875$52.8
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$118,990$57.2

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$87,900

Gross Pay

Real Wage (Purchasing Power)

$87,900

Adjusted for COL (100)

The nominal average salary of $87,900 in South Central Kentucky nonmetropolitan area 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 equivalent to that of someone earning the national average in a typical U.S. location. Therefore, the salary offers a comparable standard of living without the premium often associated with higher cost-of-living areas.

Job Market Context

430

Total Jobs

2.502

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, South Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

With a Location Quotient of 1.1, the job market for Industrial Engineers in South Central Kentucky nonmetropolitan area shows a slight concentration above the national average. This suggests that while the demand is present and perhaps slightly more pronounced than in other nonmetropolitan areas, it does not indicate an oversaturated market. The 430 professionals in the workforce are supported by a steady stream of roles, implying a balanced environment for job seekers and employers.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near South Central Kentucky nonmetropolitan area

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in South Central Kentucky nonmetropolitan area?

The median annual salary for a Industrial Engineers in South Central Kentucky nonmetropolitan area is $87,900. This typically ranges from $62,700 for entry-level positions to $118,990 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Central Kentucky nonmetropolitan area is 18.5% lower than the national median of $107,860.

Is South Central Kentucky nonmetropolitan area a lucrative place for Industrial Engineers?

No, it is not more lucrative than the national average.While the average salary of $87,900 is competitive within the region, 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 South Central Kentucky nonmetropolitan area a good place to live for Industrial Engineers?

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

Where are the highest paying cities near South Central Kentucky nonmetropolitan area?

Some top paying nearby cities include Lexington-Fayette, KY ($103,740) and Elizabethtown, KY.

How does the local workforce size affect job prospects for Industrial Engineers?

A local workforce of 430 industrial engineers suggests a moderate-sized professional community. This indicates a stable demand for their skills within the region's industries, without the intense competition often seen in larger metropolitan areas.

What does a Location Quotient of 1.1 mean for Industrial Engineers in this area?

A Location Quotient of 1.1 signifies that industrial engineers are slightly more concentrated in South Central Kentucky nonmetropolitan area than the national average. This implies a slightly higher demand or a more established presence of the profession compared to the rest of the country.

How does the cost of living impact the perceived value of an Industrial Engineer's salary?

With a Cost of Living Index of 100, the national average, the $87,900 salary offers a standard purchasing power equivalent to the national average. This means the salary's value is not diminished by high living expenses, making it relatively stable.

Are there significant salary differences based on experience for Industrial Engineers in this region?

Yes, experience plays a crucial role. Entry-level engineers will earn less, while senior engineers with specialized skills and proven track records can command higher salaries, reflecting the typical career progression and increased responsibilities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the South Central Kentucky nonmetropolitan area area with a job density of 2.502 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.