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Average Industrial Engineers Salary in Southwest Virginia nonmetropolitan area

Industrial Engineers in the Southwest Virginia nonmetropolitan area earn an average annual salary of $92,440. This figure is notably below the national average of $107,860, reflecting regional economic factors and industry demand specific to this locale. The unique economic landscape of Southwest Virginia influences compensation for specialized roles like Industrial Engineers.

Executive Summary

  • Average Salary: $92,440 per year.
  • Growth Trend: Salaries have shifted 17.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,460.
  • Outlook: The Industrial Engineer job market in Southwest Virginia is characterized by a focused workforce of 280 professionals. With a Location Quotient of 1.05, the concentration of these roles is slightly above the national average, suggesting a stable, albeit niche, demand within the region's industrial and manufacturing sectors. The presence of 2.387 jobs per 1,000 workers indicates a consistent need for these engineering skills.
2024 Market Data

Salary Overview

$92,440

The average Industrial Engineers in Southwest Virginia nonmetropolitan area earns-14.3%below the national average.

BreakdownBased on 40h/week
Hourly

$44.4

Weekly

$1,778

Monthly

$7,703

Industrial Engineers Salary Distribution in Southwest Virginia nonmetropolitan area

Salary progression for Industrial Engineers in Southwest Virginia typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive expertise and a proven track record can command salaries significantly higher than the average. The widening gap between entry-level and senior-level salaries signifies clear career advancement opportunities within the region.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$58,850$28.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$69,330$33.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$86,600$41.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$115,550$55.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$130,460$62.7

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$92,440

Gross Pay

Real Wage (Purchasing Power)

$92,440

Adjusted for COL (100)

An average annual salary of $92,440 in Southwest Virginia 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 this region is equivalent to that of their counterparts in a typical U.S. location, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

280

Total Jobs

2.387

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Southwest Virginia nonmetropolitan area has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

The Location Quotient of 1.05 for Industrial Engineers in Southwest Virginia suggests a job market that is slightly more concentrated than the national average. This indicates a healthy presence and steady demand for these professionals within the region's specific economic structure, positioning it as a stable, though not hyper-competitive, employment landscape.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Southwest Virginia nonmetropolitan area

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Southwest Virginia nonmetropolitan area?

The median annual salary for a Industrial Engineers in Southwest Virginia nonmetropolitan area is $92,440. This typically ranges from $58,850 for entry-level positions to $130,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Virginia nonmetropolitan area is 14.3% lower than the national median of $107,860.

Is Southwest Virginia nonmetropolitan area a lucrative place for Industrial Engineers?

No, but it offers balanced living.While the average salary of $92,440 is below the national average, the cost of living is also at the national average, providing equivalent purchasing power.

Is Southwest Virginia nonmetropolitan area a good place to live for Industrial Engineers?

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

Where are the highest paying cities near Southwest Virginia nonmetropolitan area?

Some top paying nearby cities include Charlottesville, VA ($112,120) and Richmond, VA.

How does the Industrial Engineer salary in Southwest Virginia compare to the national average?

The average annual salary for Industrial Engineers in Southwest Virginia is $92,440, which is lower than the national average of $107,860.

What is the concentration of Industrial Engineers in Southwest Virginia?

The concentration, measured by the Location Quotient, is 1.05, indicating a slightly higher presence of Industrial Engineers in this nonmetropolitan area compared to the national average.

How does the cost of living in Southwest Virginia affect salary perception?

With a Cost of Living Index of 100, the nominal salary of $92,440 holds purchasing power equivalent to the national average, making it a stable financial environment.

What is the size of the Industrial Engineer workforce in Southwest Virginia?

The total local workforce for Industrial Engineers in this nonmetropolitan area comprises 280 professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Southwest Virginia nonmetropolitan area area with a job density of 2.387 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.