Average Industrial Production Managers Salary in Florence, SC
Industrial Production Managers in Florence, SC earn an impressive average annual salary of $128,090. This figure is remarkably close to the national average of $129,180, indicating strong compensation trends in the region. Local economic factors and industry demand likely contribute to this competitive pay scale.
Executive Summary
- Average Salary: $128,090 per year.
- Growth Trend: Salaries have shifted 23.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,740.
- Outlook: With a total local workforce of 270 Industrial Production Managers, Florence, SC demonstrates a significant concentration of these professionals, as evidenced by a Location Quotient of 1.99. This suggests a robust demand for their expertise within the local industrial landscape, implying a stable and potentially growing job market for this role.
Salary Overview
The average Industrial Production Managers in Florence, SC earns-0.8%below the national average.
$61.6
$2,463
$10,674
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 Florence, SC have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased industry output, and evolving operational complexities likely contribute to upward salary adjustments.
Industrial Production Managers Salary Distribution in Florence, SC
Career progression for Industrial Production Managers in Florence, SC typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between the 25th percentile (entry-level) and the 75th percentile (senior) often signifies substantial earning potential, reflecting accumulated experience and leadership responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $71,440 | $34.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $96,068 | $46.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $120,110 | $57.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $160,113 | $77 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,740 | $100.4 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$128,090
Gross Pay
Real Wage (Purchasing Power)
$128,090
Adjusted for COL (100)
The average annual salary of $128,090 in Florence, SC 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 Florence is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
270
Total Jobs
3.024
Per 1K Jobs
1.99
Location Quotient
Florence, SC has 2.0x 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.
A Location Quotient of 1.99 signifies that Industrial Production Managers are more than twice as concentrated in Florence, SC compared to the national average. This indicates a specialized and potentially competitive market where employers actively seek out talent with these specific skills, suggesting a favorable environment for experienced professionals.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Sumter, SC Industrial Production Managers Salary | $124,440↓ 3% | 38 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Industrial Production Managers Salary | $105,370↓ 18% | 61 mi |
| Columbia, SC Industrial Production Managers Salary | $132,680↑ 4% | 64 mi |
| Northwestern South Carolina nonmetropolitan area Industrial Production Managers Salary | $131,910↑ 3% | 70 mi |
| Northeastern South Carolina nonmetropolitan area Industrial Production Managers Salary | $123,210↓ 4% | 70 mi |
Comparing salaries near Florence, SC
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Florence, SC?
The median annual salary for a Industrial Production Managers in Florence, SC is $128,090. This typically ranges from $71,440 for entry-level positions to $208,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 0.8% lower than the national median of $129,180.
Is Florence, SC a lucrative place for Industrial Production Managers?
Yes, Florence, SC offers a lucrative environment for Industrial Production Managers.The average salary of $128,090 is nearly on par with the national average, and the high concentration of these roles (LQ 1.99) suggests strong local demand.
Is Florence, SC a good place to live for Industrial Production Managers?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Sumter, SC ($124,440) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does the Florence, SC salary compare to the national average?
The average salary of $128,090 in Florence, SC is very close to the national average of $129,180, indicating competitive compensation within the region.
What does the Location Quotient of 1.99 mean for Industrial Production Managers in Florence, SC?
A Location Quotient of 1.99 means that Industrial Production Managers are more than 99% more concentrated in Florence, SC than the national average, indicating a higher demand and presence of these roles locally.
Is the cost of living high in Florence, SC for Industrial Production Managers?
No, the cost of living in Florence, SC is at the national average (index of 100), meaning the $128,090 salary offers average purchasing power compared to other areas.
How many Industrial Production Managers are there in Florence, SC?
There are approximately 270 Industrial Production Managers employed in Florence, SC, representing 3.024 jobs per 1,000 workers in the total 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 270 employees in the Florence, SC area with a job density of 3.024 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 Florence, SC