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Average Industrial Engineers Salary in West Central Illinois nonmetropolitan area

Industrial Engineers in the West Central Illinois nonmetropolitan area earn an average annual salary of $92,450. This figure is notably below the national average of $107,860, reflecting the unique economic dynamics and industry demands specific to this region. Factors such as the concentration of specific manufacturing sectors and the overall cost of doing business in nonmetropolitan areas often influence compensation levels.

Executive Summary

  • Average Salary: $92,450 per year.
  • Growth Trend: Salaries have shifted 17.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,340.
  • Outlook: The industrial engineering job market in West Central Illinois, with a total local workforce of 420 professionals, presents a stable environment. The location quotient of 1.09 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady, albeit not rapidly expanding, demand for industrial engineering expertise within the region's established industries.
2024 Market Data

Salary Overview

$92,450

The average Industrial Engineers in West Central Illinois nonmetropolitan area earns-14.3%below the national average.

BreakdownBased on 40h/week
Hourly

$44.5

Weekly

$1,778

Monthly

$7,704

Industrial Engineers Salary Distribution in West Central Illinois nonmetropolitan area

The salary progression for Industrial Engineers in West Central Illinois, as in most regions, is significantly influenced by experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior-level salaries signifies a clear career trajectory and the increasing value placed on expertise and leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$62,580$30.1
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$69,338$33.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$88,440$42.5
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$115,563$55.6
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$130,340$62.7

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$92,450

Gross Pay

Real Wage (Purchasing Power)

$92,450

Adjusted for COL (100)

An average annual salary of $92,450 in West Central Illinois 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 average, offering a balanced lifestyle where income effectively covers expenses without significant strain or surplus compared to the rest of the country.

Job Market Context

420

Total Jobs

2.473

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, West Central Illinois nonmetropolitan area has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

With a location quotient of 1.09, West Central Illinois demonstrates a slightly higher concentration of Industrial Engineers than the national average. This suggests a moderately competitive job market where employers may have a slightly easier time finding qualified candidates, but demand remains consistent with regional industry needs. It indicates a stable presence of industrial engineering roles rather than a saturated or scarce market.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near West Central Illinois nonmetropolitan area

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in West Central Illinois nonmetropolitan area?

The median annual salary for a Industrial Engineers in West Central Illinois nonmetropolitan area is $92,450. This typically ranges from $62,580 for entry-level positions to $130,340 for top-level roles.

How does the salary compare to the national average?

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

Is West Central Illinois nonmetropolitan area a lucrative place for Industrial Engineers?

No, not when compared to the national average.While the average salary of $92,450 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 West Central Illinois nonmetropolitan area a good place to live for Industrial Engineers?

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

Where are the highest paying cities near West Central Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($94,470) and Decatur, IL.

How does the number of Industrial Engineers in West Central Illinois compare nationally?

With 420 local professionals, the concentration is slightly above the national average, indicated by a location quotient of 1.09.

What is the cost of living impact on an Industrial Engineer's salary in this region?

The cost of living index is 100, which is the national average. This means the $92,450 salary has purchasing power equivalent to the national average.

Are there many job opportunities for Industrial Engineers in West Central Illinois?

The job market appears stable with a slightly higher concentration of roles than the national average, suggesting consistent demand within the region's industries.

How does experience affect an Industrial Engineer's salary in West Central Illinois?

Experience significantly impacts salary, with senior engineers earning considerably more than entry-level professionals, reflecting a clear career growth path.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the West Central Illinois nonmetropolitan area area with a job density of 2.473 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.