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Average Industrial Engineers Salary in Upper Peninsula of Michigan nonmetropolitan area

Industrial Engineers in the Upper Peninsula of Michigan nonmetropolitan area earn an average annual salary of $88,470. This figure is notably below the national average of $107,860, reflecting the unique economic landscape and demand specific to this region. Factors such as local industry concentration and the overall economic activity within this nonmetropolitan area contribute to this salary differential.

Executive Summary

  • Average Salary: $88,470 per year.
  • Growth Trend: Salaries have shifted 10.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $119,390.
  • Outlook: The industrial engineering job market in the Upper Peninsula of Michigan nonmetropolitan area, with a total local workforce of 350 professionals, indicates a stable, albeit niche, demand. The location quotient of 1.39 suggests a concentration of these roles higher than the national average, implying that while the absolute number of jobs might be modest, the relative importance and demand within the local economy are significant.
2024 Market Data

Salary Overview

$88,470

The average Industrial Engineers in Upper Peninsula of Michigan nonmetropolitan area earns-18.0%below the national average.

BreakdownBased on 40h/week
Hourly

$42.5

Weekly

$1,701

Monthly

$7,373

Industrial Engineers Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

Salary progression for Industrial Engineers typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while senior engineers with extensive expertise and a proven track record in complex problem-solving command significantly higher salaries. The percentile gaps in compensation clearly signify career progression, rewarding accumulated knowledge and leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$61,070$29.4
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$66,353$31.9
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$83,850$40.3
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$110,588$53.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$119,390$57.4

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$88,470

Gross Pay

Real Wage (Purchasing Power)

$88,470

Adjusted for COL (100)

The nominal average annual salary of $88,470 in the Upper Peninsula of Michigan nonmetropolitan area aligns precisely 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 comparable to the national standard, offering a stable financial environment for residents.

Job Market Context

350

Total Jobs

3.152

Per 1K Jobs

1.39

Location Quotient

Above Average

With a location quotient of 1.39, Upper Peninsula of Michigan nonmetropolitan area has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

With a location quotient of 1.39, the Upper Peninsula of Michigan nonmetropolitan area exhibits a higher concentration of Industrial Engineers relative to the national average. This suggests that the job market here is more specialized and potentially competitive for these roles, as the demand is proportionally greater than in other areas, offering unique opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Industrial Engineers in Upper Peninsula of Michigan nonmetropolitan area is $88,470. This typically ranges from $61,070 for entry-level positions to $119,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 18.0% lower than the national median of $107,860.

Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Industrial Engineers?

No, not in terms of nominal salary compared to the national average.While the $88,470 average salary is substantial, it falls below the national average of $107,860. However, the cost of living being at the national average means the purchasing power is comparable.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Industrial Engineers?

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

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($102,760) and Saginaw, MI.

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

A local workforce of 350 Industrial Engineers suggests a focused, but potentially limited, job market. While the concentration (LQ 1.39) indicates relative importance, the absolute number of positions might not be vast, requiring professionals to be highly skilled and adaptable.

What does a Location Quotient of 1.39 mean for Industrial Engineers in this area?

A Location Quotient of 1.39 signifies that Industrial Engineers are 39% more concentrated in this nonmetropolitan area than the national average. This indicates a stronger local demand or a specialized industry presence that favors this profession.

How does the Cost of Living Index of 100 impact the perceived value of the salary?

An index of 100 means the cost of living is exactly at the national average. Therefore, the $88,470 salary offers a purchasing power equivalent to the national median, making it a fair, though not exceptionally high, compensation in this region.

Are there many Industrial Engineering jobs per 1,000 workers in this area?

With 3.152 jobs per 1,000 workers, there is a solid presence of Industrial Engineering roles relative to the overall workforce. This metric reinforces the idea that the profession is well-established and valued within the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 3.152 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.