Average Industrial Production Managers Salary in Eastern New Mexico nonmetropolitan area
Industrial Production Managers in the Eastern New Mexico nonmetropolitan area command an impressive average annual salary of $140,840. This figure notably surpasses the national average of $129,180, suggesting that the specific demands and economic landscape of this region necessitate higher compensation for these critical roles. The localized pay reflects the unique operational needs and potentially specialized skill sets valued within this nonmetropolitan industrial sector.
Executive Summary
- Average Salary: $140,840 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $206,090.
- Outlook: The job market for Industrial Production Managers in Eastern New Mexico, while modest in size with a total local workforce of 220, shows a healthy concentration. A Location Quotient of 0.9 indicates a presence that is nearly on par with the national average, suggesting a stable and consistent demand for these professionals. The rate of 1.367 jobs per 1,000 workers further reinforces the idea that this sector, though not densely populated, offers reliable employment opportunities for experienced managers.
Salary Overview
The average Industrial Production Managers in Eastern New Mexico nonmetropolitan area earns+9.0%above the national average.
$67.7
$2,708
$11,737
Industrial Production Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Production Managers in Eastern New Mexico have experienced steady growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled management in production facilities typically drive upward salary adjustments, ensuring that compensation remains competitive and reflective of the role's importance.
Industrial Production Managers Salary Distribution in Eastern New Mexico nonmetropolitan area
Career progression for Industrial Production Managers in Eastern New Mexico significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and a proven track record can ascend to the highest salary percentiles. The widening gap between entry-level and senior-level salaries underscores the value placed on expertise, leadership, and the ability to optimize complex production processes.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $98,130 | $47.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $105,630 | $50.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $128,940 | $62 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $176,050 | $84.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $206,090 | $99.1 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$140,840
Gross Pay
Real Wage (Purchasing Power)
$140,840
Adjusted for COL (100)
The average annual salary of $140,840 in Eastern New Mexico presents a strong financial proposition, especially when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an Industrial Production Manager's salary in this region is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living often associated with major metropolitan areas.
Job Market Context
220
Total Jobs
1.367
Per 1K Jobs
0.9
Location Quotient
Eastern New Mexico nonmetropolitan area has 0.90x the national average concentration of Industrial Production Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.9, the job market for Industrial Production Managers in Eastern New Mexico is characterized by a near-national average concentration of these roles. This suggests a balanced market where demand is stable and professionals are neither excessively scarce nor overly abundant. While not a hyper-concentrated hub, the consistent presence indicates a healthy and sustainable demand for skilled managers within the region's industrial landscape.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Albuquerque, NM Industrial Production Managers Salary | $127,010↓ 10% | 29 mi |
Comparing salaries near Eastern New Mexico nonmetropolitan area
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Eastern New Mexico nonmetropolitan area?
The median annual salary for a Industrial Production Managers in Eastern New Mexico nonmetropolitan area is $140,840. This typically ranges from $98,130 for entry-level positions to $206,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Eastern New Mexico nonmetropolitan area is 9.0% higher than the national median of $129,180.
Is Eastern New Mexico nonmetropolitan area a lucrative place for Industrial Production Managerss?
Yes, it is a lucrative place for Industrial Production Managers.The average salary of $140,840 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Eastern New Mexico nonmetropolitan area a good place to live for Industrial Production Managers?
The Cost of Living Index in Eastern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Eastern New Mexico nonmetropolitan area?
Some top paying nearby cities include Albuquerque, NM ($127,010) and others.
How does the salary compare to the national average?
The average annual salary for Industrial Production Managers in Eastern New Mexico is $140,840, which is higher than the national average of $129,180.
What is the Cost of Living in Eastern New Mexico?
The Cost of Living Index in Eastern New Mexico is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated are Industrial Production Manager jobs in this area?
The Location Quotient is 0.9, indicating that the concentration of Industrial Production Manager jobs is nearly at the national average, suggesting a stable job market.
What is the total number of Industrial Production Managers in this region?
There are approximately 220 Industrial Production Managers employed in the Eastern New Mexico 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 220 employees in the Eastern New Mexico nonmetropolitan area area with a job density of 1.367 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Production Managers • Data source: BLS OEWS 2024 •Jobs in Eastern New Mexico nonmetropolitan area