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Average Industrial Production Managers Salary in Evansville, IN

Industrial Production Managers in Evansville, IN, command an impressive average annual salary of $121,780. This figure is notably close to the national average of $129,180, suggesting that while slightly below the national benchmark, the local market offers competitive compensation. Factors such as regional industry demands and the specific manufacturing landscape in and around Evansville likely influence this pay scale.

Executive Summary

  • Average Salary: $121,780 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $175,670.
  • Outlook: With a total local workforce of 320 Industrial Production Managers, Evansville presents a focused employment environment for this role. The Location Quotient of 1.58 indicates a significantly higher concentration of these professionals compared to the national average, signaling robust demand and a specialized job market within the region.
2024 Market Data

Salary Overview

$121,780

The average Industrial Production Managers in Evansville, IN earns-5.7%below the national average.

BreakdownBased on 40h/week
Hourly

$58.6

Weekly

$2,342

Monthly

$10,148

Industrial Production Managers Salary Distribution in Evansville, IN

The career trajectory for an Industrial Production Manager typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, but as professionals gain expertise, manage larger teams, and take on more complex operational challenges, their earnings can ascend to the higher percentiles, reflecting their increased value and responsibility within an organization.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$74,830$36
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$91,335$43.9
ManagerOversees team, compliance, and project delivery.50% (Median)$119,710$57.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$152,225$73.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$175,670$84.5

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$121,780

Gross Pay

Real Wage (Purchasing Power)

$121,780

Adjusted for COL (100)

An average annual salary of $121,780 in Evansville, IN, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an Industrial Production Manager's salary in Evansville is equivalent to that of someone earning the national average in a similarly priced area, offering a stable financial foundation.

Job Market Context

320

Total Jobs

2.401

Per 1K Jobs

1.58

Location Quotient

Major Hub

Evansville, IN has 1.6x 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 Location Quotient of 1.58 for Industrial Production Managers in Evansville signifies a market where this profession is more concentrated than the national average. This suggests a specialized demand for these skills within the local economy, potentially leading to more opportunities and a competitive environment for both employers seeking talent and professionals seeking roles.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Evansville, IN

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Evansville, IN?

The median annual salary for a Industrial Production Managers in Evansville, IN is $121,780. This typically ranges from $74,830 for entry-level positions to $175,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Evansville, IN is 5.7% lower than the national median of $129,180.

Is Evansville, IN a lucrative place for Industrial Production Managers?

Yes, it offers competitive compensation.With an average salary of $121,780, Evansville provides compensation close to the national average. Coupled with a cost of living at the national average, this makes it a financially stable location for the role.

Is Evansville, IN a good place to live for Industrial Production Managers?

The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Evansville, IN?

Some top paying nearby cities include Owensboro, KY ($112,080) and Paducah, KY-IL.

How does the Evansville salary compare to the national average?

The average salary for Industrial Production Managers in Evansville, IN is $121,780, which is slightly below the national average of $129,180, but still represents strong compensation.

What does the Location Quotient of 1.58 mean for job seekers?

A Location Quotient of 1.58 indicates that Industrial Production Managers are more concentrated in Evansville than the national average, suggesting a robust local demand for these specialized skills.

Is the cost of living high in Evansville for this role?

No, Evansville's cost of living index is 100, which is the national average. This means your salary of $121,780 will have purchasing power equivalent to the national average.

How many Industrial Production Managers work in Evansville?

There are approximately 320 Industrial Production Managers employed locally in Evansville, IN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Evansville, IN area with a job density of 2.401 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.