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Average Industrial Production Managers Salary in Central Missouri nonmetropolitan area

Industrial Production Managers in the Central Missouri nonmetropolitan area earn an average annual salary of $101,580. 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. The unique economic landscape of Central Missouri shapes the earning potential for these critical management roles.

Executive Summary

  • Average Salary: $101,580 per year.
  • Growth Trend: Salaries have shifted 1.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $153,020.
  • Outlook: The Central Missouri nonmetropolitan area supports a dedicated workforce of 240 Industrial Production Managers. With a Location Quotient of 1.03, the concentration of these roles is slightly above the national average, indicating a stable, albeit not exceptionally high, demand within the region. This suggests a consistent need for experienced professionals to oversee production operations.
2024 Market Data

Salary Overview

$101,580

The average Industrial Production Managers in Central Missouri nonmetropolitan area earns-21.4%below the national average.

BreakdownBased on 40h/week
Hourly

$48.8

Weekly

$1,953

Monthly

$8,465

Industrial Production Managers Salary Distribution in Central Missouri nonmetropolitan area

Career progression for Industrial Production Managers typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior managers with extensive experience and a proven track record can command salaries well into the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise, leadership, and strategic oversight in production management.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,940$27.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$76,185$36.6
ManagerOversees team, compliance, and project delivery.50% (Median)$97,360$46.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$126,975$61
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$153,020$73.6

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$101,580

Gross Pay

Real Wage (Purchasing Power)

$101,580

Adjusted for COL (100)

The average annual salary of $101,580 in the Central Missouri 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 added pressure of higher living expenses.

Job Market Context

240

Total Jobs

1.569

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Central Missouri nonmetropolitan area has a slightly higher-than-average concentration of Industrial Production Managers roles compared to the national norm.

A Location Quotient of 1.03 for Industrial Production Managers in Central Missouri indicates a job market that is very close to the national average in terms of industry concentration. While not a significantly high concentration, it suggests that the demand for these professionals is stable and reflects the typical presence of manufacturing and production facilities in a region of this size and economic makeup. The market is neither oversaturated nor exceptionally scarce for this role.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Central Missouri nonmetropolitan area

Hiring Industrial Production Managerss?

Frequently Asked Questions

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

The median annual salary for a Industrial Production Managers in Central Missouri nonmetropolitan area is $101,580. This typically ranges from $57,940 for entry-level positions to $153,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Missouri nonmetropolitan area is 21.4% lower than the national median of $129,180.

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

No, it is not exceptionally lucrative compared to the national average.While the average salary of $101,580 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 Missouri nonmetropolitan area a good place to live for Industrial Production Managers?

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

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

Some top paying nearby cities include Jefferson City, MO ($125,670) and Columbia, MO.

How does the Central Missouri salary compare to the national average?

The average salary for Industrial Production Managers in Central Missouri ($101,580) is approximately 21.3% lower than the national average ($129,180).

What is the significance of the Location Quotient (LQ) of 1.03?

An LQ of 1.03 means that Industrial Production Managers are employed in the Central Missouri nonmetropolitan area at a rate slightly higher than the national average, indicating a comparable level of industry presence.

How does the cost of living affect the salary in Central Missouri?

With a cost of living index of 100, the salary of $101,580 has the same purchasing power as the national average salary, making it relatively stable in terms of real income.

What is the total workforce size for Industrial Production Managers in this area?

There are approximately 240 Industrial Production Managers employed in the Central Missouri nonmetropolitan area, representing a small but stable segment of the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Central Missouri nonmetropolitan area area with a job density of 1.569 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.