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Average Industrial Engineers Salary in Winston-Salem, NC

Industrial Engineers in Winston-Salem, NC earn an average annual salary of $94,270. This figure is notably below the national average of $107,860, suggesting that local market dynamics, industry concentration, and potentially the specific types of manufacturing or service industries prevalent in the region influence compensation levels. While lower than the national benchmark, this salary reflects the specific economic landscape of Winston-Salem.

Executive Summary

  • Average Salary: $94,270 per year.
  • Growth Trend: Salaries have shifted 15.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,650.
  • Outlook: Winston-Salem supports a local workforce of 720 Industrial Engineers, indicating a stable presence in the region. The Location Quotient of 1.16 suggests a slightly higher concentration of these professionals compared to the national average, implying a steady demand and a well-established ecosystem for industrial engineering roles within the local economy.
2024 Market Data

Salary Overview

$94,270

The average Industrial Engineers in Winston-Salem, NC earns-12.6%below the national average.

BreakdownBased on 40h/week
Hourly

$45.3

Weekly

$1,813

Monthly

$7,856

Industrial Engineers Salary Distribution in Winston-Salem, NC

The career path for Industrial Engineers in Winston-Salem typically involves significant salary progression based on experience. Entry-level positions might start closer to $70,000, while senior engineers with extensive expertise and leadership responsibilities can command salaries exceeding $120,000. The widening salary gap between junior and senior roles signifies clear opportunities for career advancement and increased earning potential within the local market.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$65,130$31.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$70,703$34
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$93,030$44.7
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$117,838$56.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$130,650$62.8

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$94,270

Gross Pay

Real Wage (Purchasing Power)

$94,270

Adjusted for COL (100)

With an average annual salary of $94,270 and a Cost of Living Index of 100 (matching the national average), Industrial Engineers in Winston-Salem experience a purchasing power that is aligned with the rest of the country. This means that the nominal salary translates directly to the national average cost of goods and services, offering a stable financial footing for residents.

Job Market Context

720

Total Jobs

2.63

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Winston-Salem, NC has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.

The Location Quotient of 1.16 for Industrial Engineers in Winston-Salem indicates a healthy concentration of these professionals, slightly above the national average. This suggests a robust job market with a good number of opportunities relative to the size of the workforce, implying that employers are actively seeking and retaining industrial engineering talent in the area.

Nearby Job Markets

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Winston-Salem, NC?

The median annual salary for a Industrial Engineers in Winston-Salem, NC is $94,270. This typically ranges from $65,130 for entry-level positions to $130,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Winston-Salem, NC is 12.6% lower than the national median of $107,860.

Is Winston-Salem, NC a lucrative place for Industrial Engineers?

Yes, it offers competitive compensation relative to its cost of living.While the average salary of $94,270 is below the national average, the cost of living in Winston-Salem is also at the national average. This makes the salary quite competitive in terms of purchasing power within the local market.

Is Winston-Salem, NC a good place to live for Industrial Engineers?

The Cost of Living Index in Winston-Salem, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Winston-Salem, NC?

Some top paying nearby cities include Greensboro-High Point, NC ($93,100) and Eastern North Carolina nonmetropolitan area.

How does the Winston-Salem salary compare to the national average?

The average annual salary for Industrial Engineers in Winston-Salem, NC is $94,270, which is approximately 12.5% lower than the national average of $107,860.

What is the concentration of Industrial Engineers in Winston-Salem?

Winston-Salem has a Location Quotient of 1.16 for Industrial Engineers, indicating a slightly higher concentration of these professionals compared to the national average.

How does the cost of living affect the salary in Winston-Salem?

The cost of living in Winston-Salem is at the national average (index of 100), meaning the $94,270 salary offers purchasing power equivalent to the national average.

What is the total number of Industrial Engineers in Winston-Salem?

There are approximately 720 Industrial Engineers working in the Winston-Salem, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 720 employees in the Winston-Salem, NC area with a job density of 2.63 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.