Average Industrial Engineers Salary in Waco, TX
Industrial Engineers in Waco, TX, earn an average annual salary of $101,590. This figure is slightly below the national average of $107,860, reflecting a localized market dynamic. Factors such as regional industry demand and the specific economic landscape of Waco contribute to this pay scale.
Executive Summary
- Average Salary: $101,590 per year.
- Growth Trend: Salaries have shifted 7.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,700.
- Outlook: The industrial engineering job market in Waco, TX, is characterized by a modest workforce of 220 professionals. With a Location Quotient of 0.76, the concentration of these roles is slightly below the national average, suggesting a stable but not exceptionally high demand. The presence of 1.722 jobs per 1,000 workers indicates a consistent, albeit niche, employment environment for industrial engineers in the area.
Salary Overview
The average Industrial Engineers in Waco, TX earns-5.8%below the national average.
$48.8
$1,954
$8,466
Industrial Engineers Salary Trends (2020-2024)
While specific historical data for Waco is not provided, it is generally assumed that salaries for Industrial Engineers nationwide have experienced steady growth over the past four years, driven by technological advancements and increased emphasis on operational efficiency. This trend likely extends to Waco, TX, with engineers seeing incremental increases in compensation as they gain experience and the demand for their specialized skills evolves.
Industrial Engineers Salary Distribution in Waco, TX
Salary progression for Industrial Engineers in Waco, TX, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while senior engineers with extensive project management and problem-solving expertise can command salaries in the upper percentiles. These percentile gaps highlight the substantial career growth and earning potential available within the field as professionals advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $68,330 | $32.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $76,193 | $36.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $101,600 | $48.8 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $126,988 | $61.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $132,700 | $63.8 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$101,590
Gross Pay
Real Wage (Purchasing Power)
$101,590
Adjusted for COL (100)
An average annual salary of $101,590 in Waco, TX, 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 Waco is equivalent to the national average. Consequently, relocating to Waco offers financial stability without the immediate pressure of a significantly higher or lower cost of living impacting disposable income.
Job Market Context
220
Total Jobs
1.722
Per 1K Jobs
0.76
Location Quotient
Waco, TX has 0.76x the national average concentration of Industrial Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.76 for Industrial Engineers in Waco, TX, suggests that the profession is less concentrated than the national average. This indicates that while opportunities exist, the market may be less saturated with professionals compared to national hubs. This could translate to a more competitive environment for securing roles, but also potentially greater visibility for skilled individuals.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| North Region of Texas nonmetropolitan area Industrial Engineers Salary | $97,520↓ 4% | 41 mi |
| Northwestern Region of Texas nonmetropolitan area Industrial Engineers Salary | $115,240↑ 13% | 41 mi |
| Hill Country Region of Texas nonmetropolitan area Industrial Engineers Salary | $97,060↓ 4% | 41 mi |
| Coastal Plains Region of Texas nonmetropolitan area Industrial Engineers Salary | $113,320↑ 12% | 41 mi |
| Eastern Region of Texas nonmetropolitan area Industrial Engineers Salary | $93,070↓ 8% | 41 mi |
Comparing salaries near Waco, TX
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Waco, TX?
The median annual salary for a Industrial Engineers in Waco, TX is $101,590. This typically ranges from $68,330 for entry-level positions to $132,700 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Waco, TX is 5.8% lower than the national median of $107,860.
Is Waco, TX a lucrative place for Industrial Engineers?
No, not exceptionally lucrative compared to the national average.While the average salary of $101,590 is substantial, it falls slightly below the national average of $107,860. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is Waco, TX a good place to live for Industrial Engineers?
The Cost of Living Index in Waco, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Waco, TX?
Some top paying nearby cities include North Region of Texas nonmetropolitan area ($97,520) and Northwestern Region of Texas nonmetropolitan area.
How does Waco's Industrial Engineer salary compare to the national average?
Industrial Engineers in Waco, TX, earn an average of $101,590 annually, which is approximately $6,270 less than the national average of $107,860.
What is the concentration of Industrial Engineers in Waco, TX?
The concentration, measured by the Location Quotient, is 0.76, indicating that Industrial Engineers are slightly less prevalent in Waco compared to the national average.
Does the cost of living in Waco affect the salary's value?
No, the cost of living in Waco is exactly at the national average (index of 100), meaning the $101,590 salary offers the same purchasing power as the national average salary.
How many Industrial Engineers are employed in Waco, TX?
There are approximately 220 Industrial Engineers working in Waco, TX, representing 1.722 jobs per 1,000 workers in 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 220 employees in the Waco, TX area with a job density of 1.722 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 Waco, TX