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Average Industrial Production Managers Salary in Central Kentucky nonmetropolitan area

Industrial Production Managers in the Central Kentucky nonmetropolitan area earn an average annual salary of $110,340. This figure sits below the national average of $129,180, reflecting regional economic factors and industry concentration. The specific pay scale in this area is influenced by the local demand and the overall economic landscape of nonmetropolitan Kentucky.

Executive Summary

  • Average Salary: $110,340 per year.
  • Growth Trend: Salaries have shifted 19.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $168,880.
  • Outlook: The Central Kentucky nonmetropolitan area supports a dedicated workforce of 540 Industrial Production Managers. A Location Quotient of 2.06 indicates a significant concentration of these roles compared to the national average, suggesting a robust and specialized job market within this region. With 3.125 jobs per 1,000 workers, the demand for these professionals is notably higher than the national benchmark.
2024 Market Data

Salary Overview

$110,340

The average Industrial Production Managers in Central Kentucky nonmetropolitan area earns-14.6%below the national average.

BreakdownBased on 40h/week
Hourly

$53.1

Weekly

$2,122

Monthly

$9,195

Industrial Production Managers Salary Distribution in Central Kentucky nonmetropolitan area

Salary progression for Industrial Production Managers typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive leadership and operational expertise can command salaries in the upper percentiles. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$43,140$20.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$82,755$39.8
ManagerOversees team, compliance, and project delivery.50% (Median)$101,940$49
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$137,925$66.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$168,880$81.2

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$110,340

Gross Pay

Real Wage (Purchasing Power)

$110,340

Adjusted for COL (100)

The average annual salary of $110,340 in Central Kentucky'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 for residents.

Job Market Context

540

Total Jobs

3.125

Per 1K Jobs

2.06

Location Quotient

Major Hub

Central Kentucky nonmetropolitan area has 2.1x 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 2.06 for Industrial Production Managers in Central Kentucky's nonmetropolitan area signifies a market that is more than twice as concentrated as the national average. This indicates a strong regional specialization and potentially higher demand relative to the general workforce, making it a significant hub for this profession.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Central Kentucky nonmetropolitan area

Hiring Industrial Production Managerss?

Frequently Asked Questions

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

The median annual salary for a Industrial Production Managers in Central Kentucky nonmetropolitan area is $110,340. This typically ranges from $43,140 for entry-level positions to $168,880 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Kentucky nonmetropolitan area is 14.6% lower than the national median of $129,180.

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

Yes, it offers a strong concentration of opportunities.While the average salary is below the national average, the high Location Quotient of 2.06 indicates a significant demand and concentration of these roles, suggesting a robust job market.

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

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

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

Some top paying nearby cities include Lexington-Fayette, KY ($118,460) and Elizabethtown, KY.

How does the salary compare to the national average?

The average salary of $110,340 in Central Kentucky is approximately 14.5% lower than the national average of $129,180.

What is the significance of the Location Quotient?

A Location Quotient of 2.06 means that Industrial Production Managers are more than twice as concentrated in this region compared to the national average, indicating a specialized and potentially high-demand job market.

How does the Cost of Living affect the salary?

With a Cost of Living Index of 100, the national average, the $110,340 salary in Central Kentucky offers purchasing power equivalent to the national standard.

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

There are approximately 540 Industrial Production Managers employed in the Central Kentucky nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 540 employees in the Central Kentucky nonmetropolitan area area with a job density of 3.125 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.