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Average Industrial Production Managers Salary in Indiana

Industrial Production Managers in Indiana earn an average annual salary of $118,340. This figure is notably below the national average of $129,180, suggesting that local market dynamics and potentially industry-specific demand influence compensation within the state. Factors such as the concentration of manufacturing facilities and the overall economic landscape of Indiana play a crucial role in shaping these salary levels.

Executive Summary

  • Average Salary: $118,340 per year.
  • Growth Trend: Salaries have shifted 15.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $172,310.
  • Outlook: Indiana boasts a substantial workforce of 8,910 Industrial Production Managers, indicating a significant presence in the state's industrial sector. The Location Quotient of 1.84 signifies that this role is more concentrated in Indiana than the national average, suggesting robust demand and a potentially stable job market for these professionals within the state's manufacturing ecosystem.
2024 Market Data

Salary Overview

$118,340

The average Industrial Production Managers in Indiana earns-8.4%below the national average.

BreakdownBased on 40h/week
Hourly

$56.9

Weekly

$2,276

Monthly

$9,862

Industrial Production Managers Salary Distribution in Indiana

The salary for an Industrial Production Manager in Indiana typically scales significantly with experience. Entry-level positions might command salaries closer to the lower percentiles, while seasoned professionals with extensive leadership experience and a proven track record can expect to earn at the higher percentiles, potentially exceeding $150,000 annually. These percentile gaps clearly signify substantial career progression opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$73,930$35.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$88,755$42.7
ManagerOversees team, compliance, and project delivery.50% (Median)$105,320$50.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$147,925$71.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$172,310$82.8

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$118,340

Gross Pay

Real Wage (Purchasing Power)

$131,489

Adjusted for COL (90)

An average annual salary of $118,340 in Indiana presents a favorable financial situation when considering the local Cost of Living Index of 90. This index indicates that living expenses in Indiana are 10% lower than the national average. Therefore, the nominal salary of $118,340 translates to a higher effective purchasing power, allowing for a comfortable lifestyle relative to national benchmarks.

Job Market Context

8,910

Total Jobs

2.795

Per 1K Jobs

1.84

Location Quotient

Major Hub

Indiana has 1.8x 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.

With a Location Quotient of 1.84, Indiana exhibits a significantly higher concentration of Industrial Production Managers compared to the national average. This suggests a robust and specialized job market for these professionals within the state, indicating strong demand from local industries and potentially less competition for experienced candidates relative to their prevalence.

Nearby Job Markets

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Indiana?

The median annual salary for a Industrial Production Managers in Indiana is $118,340. This typically ranges from $73,930 for entry-level positions to $172,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 8.4% lower than the national median of $129,180.

Is Indiana a lucrative place for Industrial Production Managers?

Yes, with a caveat regarding the national average.Indiana offers a competitive salary of $118,340, which is significantly enhanced by a lower cost of living. While below the national average, the overall financial well-being for these managers is strong due to reduced living expenses.

Is Indiana a good place to live for Industrial Production Managers?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,260) and Kokomo, IN.

How does Indiana's salary for Industrial Production Managers compare to the national average?

The average annual salary for Industrial Production Managers in Indiana is $118,340, which is approximately $10,840 less than the national average of $129,180.

What is the concentration of Industrial Production Managers in Indiana?

Indiana has a Location Quotient of 1.84 for Industrial Production Managers, meaning the role is 84% more concentrated in Indiana than the national average, indicating strong local demand.

How does the cost of living affect the Indiana salary?

Indiana's Cost of Living Index is 90, which is 10% lower than the national average. This means the $118,340 salary has greater purchasing power in Indiana than a higher salary in a more expensive state.

What is the total workforce size for this role in Indiana?

There are 8,910 Industrial Production Managers employed in Indiana, representing a significant segment of the state's industrial management workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,910 employees in the Indiana area with a job density of 2.795 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.