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Average Industrial Engineers Salary in Toledo, OH

Industrial Engineers in Toledo, OH, command an average annual salary of $99,340. This figure is notably below the national average of $107,860, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the Toledo metropolitan area. The specific economic landscape and the concentration of relevant industries in Ohio's Glass City play a significant role in shaping these salary benchmarks.

Executive Summary

  • Average Salary: $99,340 per year.
  • Growth Trend: Salaries have shifted 9.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $131,690.
  • Outlook: The industrial engineering job market in Toledo, OH, appears robust, evidenced by a total local workforce of 1,160 professionals. With a Location Quotient of 1.74, industrial engineers are significantly more concentrated in Toledo than the national average, indicating a strong and established presence of this profession within the region, which often correlates with sustained demand and opportunities.
2024 Market Data

Salary Overview

$99,340

The average Industrial Engineers in Toledo, OH earns-7.9%below the national average.

BreakdownBased on 40h/week
Hourly

$47.8

Weekly

$1,910

Monthly

$8,278

Industrial Engineers Salary Distribution in Toledo, OH

The salary trajectory for Industrial Engineers in Toledo, OH, demonstrates a clear progression with experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills can command salaries in the higher percentiles. This widening gap between entry-level and senior roles signifies substantial career advancement and earning potential within the field as one accumulates experience and takes on greater responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$70,610$33.9
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$74,505$35.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$96,860$46.6
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$124,175$59.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$131,690$63.3

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$99,340

Gross Pay

Real Wage (Purchasing Power)

$99,340

Adjusted for COL (100)

An average annual salary of $99,340 in Toledo, OH, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the nominal salary earned by Industrial Engineers in Toledo holds its purchasing power directly in line with the national average, offering a stable financial environment for residents without the added pressure of significantly higher or lower living expenses.

Job Market Context

1,160

Total Jobs

3.962

Per 1K Jobs

1.74

Location Quotient

Major Hub

Toledo, OH has 1.7x 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.

The Location Quotient of 1.74 for Industrial Engineers in Toledo, OH, signifies a market where this profession is 74% more concentrated than the national average. This suggests a robust demand and a potentially competitive environment, as there are more industrial engineering jobs relative to the overall workforce compared to other regions, indicating a strong industry presence that values these specialized skills.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Toledo, OH

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Toledo, OH?

The median annual salary for a Industrial Engineers in Toledo, OH is $99,340. This typically ranges from $70,610 for entry-level positions to $131,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Toledo, OH is 7.9% lower than the national median of $107,860.

Is Toledo, OH a lucrative place for Industrial Engineers?

Yes, with a caveat regarding national averages.While the average salary of $99,340 is below the national average, the strong concentration of industrial engineers (LQ 1.74) and a cost of living at the national average suggest a stable and opportunity-rich market.

Is Toledo, OH a good place to live for Industrial Engineers?

The Cost of Living Index in Toledo, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Toledo, OH?

Some top paying nearby cities include Monroe, MI ($99,940) and Ann Arbor, MI.

How does Toledo's industrial engineer salary compare to the national average?

Industrial Engineers in Toledo, OH, earn an average of $99,340 annually, which is approximately 8% less than the national average of $107,860.

What is the concentration of Industrial Engineers in Toledo, OH?

Toledo, OH, has a higher concentration of Industrial Engineers than the national average, with a Location Quotient of 1.74, indicating a significant presence of this profession in the local job market.

How does the cost of living in Toledo affect the salary of an Industrial Engineer?

With a Cost of Living Index of 100, Toledo's cost of living is exactly at the national average. This means the $99,340 salary for Industrial Engineers has purchasing power equivalent to the national average.

What does the job market look like for Industrial Engineers in Toledo?

The job market appears strong, with 3.962 jobs per 1,000 workers and a substantial local workforce of 1,160, suggesting consistent demand for industrial engineering expertise in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,160 employees in the Toledo, OH area with a job density of 3.962 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.