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Average Industrial Production Managers Salary in Janesville-Beloit, WI

Industrial Production Managers in Janesville-Beloit, WI, earn an impressive average annual salary of $128,820. This figure is remarkably close to the national average of $129,180, indicating a strong and competitive compensation landscape within the region. Local economic factors and industry demand likely contribute to this parity, ensuring that specialized management roles are valued.

Executive Summary

  • Average Salary: $128,820 per year.
  • Growth Trend: Salaries have shifted 1.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,640.
  • Outlook: With a dedicated local workforce of 230 Industrial Production Managers, Janesville-Beloit demonstrates a significant concentration of talent. The Location Quotient of 2.14 far exceeds the national average, signaling a robust demand for these professionals and suggesting a healthy job market with ample opportunities for skilled individuals in this sector.
2024 Market Data

Salary Overview

$128,820

The average Industrial Production Managers in Janesville-Beloit, WI earns-0.3%below the national average.

BreakdownBased on 40h/week
Hourly

$61.9

Weekly

$2,477

Monthly

$10,735

Industrial Production Managers Salary Distribution in Janesville-Beloit, WI

Career progression for Industrial Production Managers in Janesville-Beloit offers substantial salary increases. Entry-level positions might start significantly lower, but with accumulated experience and demonstrated leadership, professionals can advance to senior roles commanding higher compensation. The percentile gaps in salary distribution highlight the significant earning potential tied to seniority and expertise within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$76,560$36.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$96,615$46.4
ManagerOversees team, compliance, and project delivery.50% (Median)$123,120$59.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$161,025$77.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$173,640$83.5

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$128,820

Gross Pay

Real Wage (Purchasing Power)

$128,820

Adjusted for COL (100)

The average annual salary of $128,820 in Janesville-Beloit, WI, 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 this area is equivalent to the national standard, offering a stable financial environment for residents without the burden of higher living expenses.

Job Market Context

230

Total Jobs

3.254

Per 1K Jobs

2.14

Location Quotient

Major Hub

Janesville-Beloit, WI has 2.1x 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 2.14 for Industrial Production Managers in Janesville-Beloit is a strong indicator of industry concentration. This value, more than double the national average, suggests that the region is a significant hub for this profession, implying a competitive yet potentially abundant job market where specialized skills are highly sought after.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Janesville-Beloit, WI

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Janesville-Beloit, WI?

The median annual salary for a Industrial Production Managers in Janesville-Beloit, WI is $128,820. This typically ranges from $76,560 for entry-level positions to $173,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Janesville-Beloit, WI is 0.3% lower than the national median of $129,180.

Is Janesville-Beloit, WI a lucrative place for Industrial Production Managerss?

Yes, it is a lucrative place for Industrial Production Managers.The average salary of $128,820 is nearly on par with the national average, and the high concentration of these roles (LQ of 2.14) indicates strong local demand.

Is Janesville-Beloit, WI a good place to live for Industrial Production Managers?

The Cost of Living Index in Janesville-Beloit, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Janesville-Beloit, WI?

Some top paying nearby cities include Rockford, IL ($117,230) and Madison, WI.

How does the Janesville-Beloit salary compare to the national average?

The average salary of $128,820 in Janesville-Beloit is very close to the national average of $129,180, indicating comparable earning potential.

Is there high demand for Industrial Production Managers in Janesville-Beloit?

Yes, the Location Quotient of 2.14 signifies a demand more than double the national average, suggesting a robust job market for these professionals.

What is the cost of living in Janesville-Beloit compared to the national average?

Janesville-Beloit has a Cost of Living Index of 100, which is exactly the national average, meaning your salary's purchasing power is standard.

How many Industrial Production Managers work in Janesville-Beloit?

There are approximately 230 Industrial Production Managers employed in the Janesville-Beloit area, representing a significant 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 230 employees in the Janesville-Beloit, WI area with a job density of 3.254 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.