Average Industrial Production Managers Salary in Elkhart-Goshen, IN
Industrial Production Managers in Elkhart-Goshen, IN earn an average annual salary of $113,420. This figure is notably below the national average of $129,180, suggesting that local economic factors and industry demand play a significant role in compensation within this specific region. Understanding these localized dynamics is crucial for career planning and salary negotiation.
Executive Summary
- Average Salary: $113,420 per year.
- Growth Trend: Salaries have shifted 30.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,580.
- Outlook: The Elkhart-Goshen area supports a substantial workforce of 940 Industrial Production Managers, as indicated by a robust Location Quotient of 4.79. This high concentration signifies a strong regional demand and a specialized labor market for these professionals, suggesting a stable and potentially growing job environment for those in this field.
Salary Overview
The average Industrial Production Managers in Elkhart-Goshen, IN earns-12.2%below the national average.
$54.5
$2,181
$9,452
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 Elkhart-Goshen have experienced growth over the past four years, mirroring national trends. Economic expansion, inflation, and increasing demand for skilled management in manufacturing sectors typically drive upward salary adjustments.
Industrial Production Managers Salary Distribution in Elkhart-Goshen, IN
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 roles with extensive leadership responsibilities command higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior compensation reflects the value placed on accumulated expertise and proven management capabilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $72,880 | $35 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $85,065 | $40.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,070 | $49.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,775 | $68.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $166,580 | $80.1 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$113,420
Gross Pay
Real Wage (Purchasing Power)
$113,420
Adjusted for COL (100)
An average annual salary of $113,420 in Elkhart-Goshen, IN, aligns perfectly with the national average cost of living, which stands at an index of 100. This means that the purchasing power of an Industrial Production Manager's salary in this area is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
940
Total Jobs
7.281
Per 1K Jobs
4.79
Location Quotient
Elkhart-Goshen, IN has 4.8x 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.
The exceptionally high Location Quotient of 4.79 for Industrial Production Managers in Elkhart-Goshen indicates a market that is significantly more concentrated than the national average. This suggests a specialized and potentially competitive environment where employers actively seek out talent with specific regional experience, and professionals in this role are highly valued within the local industrial landscape.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| South Bend-Mishawaka, IN-MI Industrial Production Managers Salary | $114,560↑ 1% | 16 mi |
| Niles, MI Industrial Production Managers Salary | $118,240↑ 4% | 18 mi |
| Kalamazoo-Portage, MI Industrial Production Managers Salary | $124,340↑ 10% | 45 mi |
| Michigan City-La Porte, IN Industrial Production Managers Salary | $115,510↑ 2% | 47 mi |
| Battle Creek, MI Industrial Production Managers Salary | $125,750↑ 11% | 56 mi |
Comparing salaries near Elkhart-Goshen, IN
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Elkhart-Goshen, IN?
The median annual salary for a Industrial Production Managers in Elkhart-Goshen, IN is $113,420. This typically ranges from $72,880 for entry-level positions to $166,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Elkhart-Goshen, IN is 12.2% lower than the national median of $129,180.
Is Elkhart-Goshen, IN a lucrative place for Industrial Production Managers?
Yes, with caveats.While the average salary of $113,420 is below the national average, the cost of living is also at the national average, maintaining purchasing power. Furthermore, the high concentration of these roles (LQ of 4.79) indicates strong local demand and specialization.
Is Elkhart-Goshen, IN a good place to live for Industrial Production Managers?
The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Elkhart-Goshen, IN?
Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($114,560) and Niles, MI.
How does the Elkhart-Goshen salary compare to the national average?
Industrial Production Managers in Elkhart-Goshen earn an average of $113,420 annually, which is less than the national average of $129,180.
What is the significance of the Location Quotient in Elkhart-Goshen?
A Location Quotient of 4.79 signifies that Industrial Production Managers are highly concentrated in Elkhart-Goshen compared to the national average, indicating a strong regional presence and demand for this profession.
How does the cost of living affect the salary in Elkhart-Goshen?
With a Cost of Living Index of 100, Elkhart-Goshen is at the national average, meaning the $113,420 salary offers purchasing power equivalent to the national average.
What is the total number of Industrial Production Managers in Elkhart-Goshen?
The total local workforce for Industrial Production Managers in Elkhart-Goshen is approximately 940 individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 940 employees in the Elkhart-Goshen, IN area with a job density of 7.281 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Industrial Production Managers Salaries by State
Top Jobs in Elkhart-Goshen, IN
- All Occupations Salary in Elkhart-Goshen, IN
- Production Occupations Salary in Elkhart-Goshen, IN
- Miscellaneous Assemblers and Fabricators Salary in Elkhart-Goshen, IN
- Office and Administrative Support Occupations Salary in Elkhart-Goshen, IN
- Transportation and Material Moving Occupations Salary in Elkhart-Goshen, IN
- Sales and Related Occupations Salary in Elkhart-Goshen, IN
- Food Preparation and Serving Related Occupations Salary in Elkhart-Goshen, IN
- Installation, Maintenance, and Repair Occupations Salary in Elkhart-Goshen, IN
- Management Occupations Salary in Elkhart-Goshen, IN
- Construction and Extraction Occupations Salary in Elkhart-Goshen, IN
- Browse All Jobs in Elkhart-Goshen, IN →
Semantic Salary Analysis for Industrial Production Managers • Data source: BLS OEWS 2024 •Jobs in Elkhart-Goshen, IN