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Average Industrial Production Managers Salary in Central Indiana nonmetropolitan area

Industrial Production Managers in Central Indiana's nonmetropolitan area earn an average annual salary of $110,700. This figure is notably below the national average of $129,180, suggesting that regional economic factors and industry concentration play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $110,700 per year.
  • Growth Trend: Salaries have shifted 17.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,280.
  • Outlook: The Central Indiana nonmetropolitan area supports a dedicated workforce of 580 Industrial Production Managers. With a Location Quotient of 2.36, this region exhibits a significantly higher concentration of these roles compared to the national average, indicating robust local demand and a specialized job market for these professionals.
2024 Market Data

Salary Overview

$110,700

The average Industrial Production Managers in Central Indiana nonmetropolitan area earns-14.3%below the national average.

BreakdownBased on 40h/week
Hourly

$53.2

Weekly

$2,129

Monthly

$9,225

Industrial Production Managers Salary Distribution in Central Indiana nonmetropolitan area

Career progression for Industrial Production Managers in Central Indiana typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior managers with extensive expertise and proven track records can command salaries well into the upper percentiles, reflecting the value of their leadership and operational knowledge.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$70,850$34.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$83,025$39.9
ManagerOversees team, compliance, and project delivery.50% (Median)$102,730$49.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$138,375$66.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$163,280$78.5

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$110,700

Gross Pay

Real Wage (Purchasing Power)

$110,700

Adjusted for COL (100)

The average annual salary of $110,700 in Central Indiana's nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an Industrial Production Manager's salary in this region is equivalent to the national standard, offering a stable financial environment without the premium associated with higher cost-of-living areas.

Job Market Context

580

Total Jobs

3.582

Per 1K Jobs

2.36

Location Quotient

Major Hub

Central Indiana nonmetropolitan area has 2.4x the national concentration of Industrial Production Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 2.36 signifies that Industrial Production Managers are more than twice as concentrated in Central Indiana's nonmetropolitan area compared to the national average. This high concentration suggests a specialized and potentially competitive market, where employers actively seek talent with specific regional experience or where the industry has a strong, established presence.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Central Indiana nonmetropolitan area

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Central Indiana nonmetropolitan area?

The median annual salary for a Industrial Production Managers in Central Indiana nonmetropolitan area is $110,700. This typically ranges from $70,850 for entry-level positions to $163,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 14.3% lower than the national median of $129,180.

Is Central Indiana nonmetropolitan area a lucrative place for Industrial Production Managers?

No, not when compared to the national average salary.While the average salary of $110,700 is substantial, it falls below the national average of $129,180. However, the cost of living being at the national average offsets this difference somewhat.

Is Central Indiana nonmetropolitan area a good place to live for Industrial Production Managers?

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

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,260) and Kokomo, IN.

How does the job concentration in Central Indiana compare nationally?

The job concentration, measured by the Location Quotient, is 2.36, which is significantly higher than the national average of 1.0, indicating a greater prevalence of Industrial Production Manager roles in this region.

What is the total number of Industrial Production Managers in this area?

There are approximately 580 Industrial Production Managers employed in the Central Indiana nonmetropolitan area.

How does the cost of living in Central Indiana affect salary perception?

With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the $110,700 salary offers standard purchasing power relative to the rest of the country.

Are there many job opportunities for Industrial Production Managers in this region?

The high Location Quotient suggests a strong demand and a specialized market for Industrial Production Managers, implying a good number of opportunities relative to the national landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Central Indiana nonmetropolitan area area with a job density of 3.582 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.