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Average Industrial Production Managers Salary in Lakeland-Winter Haven, FL

In Lakeland-Winter Haven, FL, Industrial Production Managers earn an average annual salary of $127,330. This figure is slightly below the national average of $129,180, suggesting a localized compensation structure influenced by regional economic factors and industry demand within the area. The stability of the cost of living at the national average further contextualizes this salary.

Executive Summary

  • Average Salary: $127,330 per year.
  • Growth Trend: Salaries have shifted 3.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $205,410.
  • Outlook: The Lakeland-Winter Haven area supports a dedicated workforce of 330 Industrial Production Managers. With a Location Quotient of 0.82, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally dense job market. The presence of 1.25 jobs per 1,000 workers suggests consistent opportunities for skilled professionals in this sector.
2024 Market Data

Salary Overview

$127,330

The average Industrial Production Managers in Lakeland-Winter Haven, FL earns-1.4%below the national average.

BreakdownBased on 40h/week
Hourly

$61.2

Weekly

$2,449

Monthly

$10,611

Industrial Production Managers Salary Distribution in Lakeland-Winter Haven, FL

Salary progression for Industrial Production Managers in Lakeland-Winter Haven, FL, typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior roles commanding higher salaries reflect increased responsibility and expertise. The gap between the 25th and 75th percentiles of earnings would illustrate this career trajectory and the value placed on seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$74,790$36
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$95,498$45.9
ManagerOversees team, compliance, and project delivery.50% (Median)$115,860$55.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$159,163$76.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$205,410$98.8

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$127,330

Gross Pay

Real Wage (Purchasing Power)

$127,330

Adjusted for COL (100)

The average annual salary of $127,330 in Lakeland-Winter Haven, FL, 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 region is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

330

Total Jobs

1.25

Per 1K Jobs

0.82

Location Quotient

Below Average

Lakeland-Winter Haven, FL has 0.82x 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.

A Location Quotient of 0.82 for Industrial Production Managers in Lakeland-Winter Haven suggests that the industry is present but not a dominant sector compared to national concentrations. This indicates a moderately competitive job market where demand is steady, but the pool of available positions may be more limited than in areas with higher LQs.

Nearby Job Markets

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Lakeland-Winter Haven, FL?

The median annual salary for a Industrial Production Managers in Lakeland-Winter Haven, FL is $127,330. This typically ranges from $74,790 for entry-level positions to $205,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lakeland-Winter Haven, FL is 1.4% lower than the national median of $129,180.

Is Lakeland-Winter Haven, FL a lucrative place for Industrial Production Managers?

Yes, it offers competitive compensation.Industrial Production Managers in Lakeland-Winter Haven earn $127,330 annually, which is close to the national average. Coupled with a cost of living index matching the national average, this presents a financially stable environment.

Is Lakeland-Winter Haven, FL a good place to live for Industrial Production Managers?

The Cost of Living Index in Lakeland-Winter Haven, FL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lakeland-Winter Haven, FL?

Some top paying nearby cities include North Florida nonmetropolitan area ($131,800) and South Florida nonmetropolitan area.

How does the salary compare to the national average?

The average salary for Industrial Production Managers in Lakeland-Winter Haven, FL is $127,330, which is slightly below the national average of $129,180.

What is the concentration of Industrial Production Managers in this area?

The Location Quotient is 0.82, indicating that the concentration of Industrial Production Managers in Lakeland-Winter Haven is slightly lower than the national average.

How does the cost of living affect the salary?

The cost of living in Lakeland-Winter Haven is 100, which is the national average. This means the $127,330 salary has purchasing power equivalent to the national average.

What is the total workforce size for this role locally?

There are approximately 330 Industrial Production Managers employed in the Lakeland-Winter Haven, FL area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Lakeland-Winter Haven, FL area with a job density of 1.25 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.