Average Industrial Engineers Salary in Southwest Minnesota nonmetropolitan area
Industrial Engineers in the Southwest Minnesota nonmetropolitan area earn an average annual salary of $101,750. This figure is slightly below the national average of $107,860, a difference often attributable to regional economic factors and industry concentration. While the nominal salary is competitive, understanding the local market dynamics is key to appreciating its value.
Executive Summary
- Average Salary: $101,750 per year.
- Growth Trend: Salaries have shifted 14.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $141,300.
- Outlook: With a local workforce of 540 Industrial Engineers, this region demonstrates a significant concentration of these professionals, as indicated by a Location Quotient of 2. This suggests a robust demand and a specialized job market for industrial engineering talent within Southwest Minnesota, exceeding national averages for job density per capita.
Salary Overview
The average Industrial Engineers in Southwest Minnesota nonmetropolitan area earns-5.7%below the national average.
$48.9
$1,957
$8,479
Industrial Engineers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Industrial Engineers in Southwest Minnesota have experienced growth over the past four years, mirroring national trends. Economic development and increased industrial activity in nonmetropolitan areas often lead to upward pressure on wages for specialized roles.
Industrial Engineers Salary Distribution in Southwest Minnesota nonmetropolitan area
Salary progression for Industrial Engineers typically scales with experience. Entry-level positions will likely fall below the average, while senior and lead roles command higher compensation. The percentile gaps in salary distribution signify clear career advancement opportunities and the increasing value placed on seasoned expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $66,550 | $32 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $76,313 | $36.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $97,380 | $46.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $127,188 | $61.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $141,300 | $67.9 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$101,750
Gross Pay
Real Wage (Purchasing Power)
$101,750
Adjusted for COL (100)
The average annual salary of $101,750 in Southwest 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 equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
540
Total Jobs
4.549
Per 1K Jobs
2
Location Quotient
Southwest Minnesota nonmetropolitan area has 2.0x 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.
A Location Quotient of 2 for Industrial Engineers in Southwest Minnesota indicates that this profession is twice as concentrated in this region compared to the national average. This suggests a highly specialized and potentially competitive job market, where employers may actively seek out experienced professionals due to the localized demand.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Industrial Engineers Salary | $92,150↓ 9% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Industrial Engineers Salary | $109,130↑ 7% | 58 mi |
Comparing salaries near Southwest Minnesota nonmetropolitan area
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Southwest Minnesota nonmetropolitan area?
The median annual salary for a Industrial Engineers in Southwest Minnesota nonmetropolitan area is $101,750. This typically ranges from $66,550 for entry-level positions to $141,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Minnesota nonmetropolitan area is 5.7% lower than the national median of $107,860.
Is Southwest Minnesota nonmetropolitan area a lucrative place for Industrial Engineers?
Yes, it offers competitive compensation relative to the cost of living.Industrial Engineers here earn $101,750 annually, which is close to the national average, while the cost of living is exactly at the national average. The high concentration of these roles (LQ of 2) also points to strong local demand.
Is Southwest Minnesota nonmetropolitan area a good place to live for Industrial Engineers?
The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($92,150) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the local salary compare to the national average?
The average annual salary for Industrial Engineers in Southwest Minnesota is $101,750, which is slightly lower than the national average of $107,860.
What does the Location Quotient of 2 mean for Industrial Engineers in this area?
A Location Quotient of 2 signifies that Industrial Engineers are twice as concentrated in Southwest Minnesota compared to the national average, indicating a strong regional presence and demand for this profession.
How does the cost of living affect the Industrial Engineer's salary in Southwest Minnesota?
With a Cost of Living Index of 100, the nominal salary of $101,750 provides purchasing power equivalent to the national average, making it a financially stable region for these professionals.
What is the total number of Industrial Engineers in Southwest Minnesota?
There are approximately 540 Industrial Engineers employed in the Southwest 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 540 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 4.549 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Engineers • Data source: BLS OEWS 2024 •Jobs in Southwest Minnesota nonmetropolitan area