Average Industrial Production Managers Salary in Farmington, NM
The average salary for a Industrial Production Managers in Farmington, NM is $126,450. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $126,450 per year.
- Growth Trend: Salaries have shifted 5.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $173,000.
- Outlook: The current demand for Industrial Production Managerss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Farmington, NM economy.
Salary Overview
The average Industrial Production Managers in Farmington, NM earns-2.1%below the national average.
$60.8
$2,432
$10,538
Industrial Production Managers Salary Trends (2020-2024)
Over the past 1 years, Industrial Production Managers salaries in Farmington, NM have remained stable with a modest increase of 5.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Industrial Production Managers Salary Distribution in Farmington, NM
The earning potential for Industrial Production Managerss in Farmington, NM varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $86,890, while highly experienced professionals can command wages upwards of $173,000.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $86,890 | $41.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,838 | $45.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $120,270 | $57.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $158,063 | $76 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $173,000 | $83.2 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$126,450
Gross Pay
Real Wage (Purchasing Power)
$126,450
Adjusted for COL (100)
In Farmington, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $126,450 to $126,450.
Job Market Context
40
Total Jobs
0.773
Per 1K Jobs
0.51
Location Quotient
Farmington, NM has 0.51x 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.
40 people work as Industrial Production Managers in Farmington, NM.
Only 0.773 out of every 1,000 local jobs are Industrial Production Managers roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Farmington, NM?
The median annual salary for a Industrial Production Managers in Farmington, NM is $126,450. This typically ranges from $86,890 for entry-level positions to $173,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Farmington, NM is 2.1% lower than the national median of $129,180.
Is Farmington, NM a good place for Industrial Production Managerss?
It depends on your priorities. While the average Industrial Production Managers salary in Farmington, NM is $126,450 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Farmington, NM. See distinct detailed breakdown below.
Is Farmington, NM a good place to live for Industrial Production Managers?
The Cost of Living Index in Farmington, NM is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Farmington, NM area with a job density of 0.773 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 Farmington, NM