Average Industrial Production Managers Salary in Louisville/Jefferson County, KY-IN
Industrial Production Managers in Louisville/Jefferson County, KY-IN earn an average annual salary of $119,270. 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 specific economic landscape of Louisville/Jefferson County plays a significant role in shaping these compensation packages.
Executive Summary
- Average Salary: $119,270 per year.
- Growth Trend: Salaries have shifted 7.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $175,860.
- Outlook: The local workforce for Industrial Production Managers in Louisville/Jefferson County, KY-IN comprises 1,530 professionals. With a Location Quotient of 1.46, this indicates a notable concentration of these roles compared to the national average, suggesting a robust and potentially growing demand for skilled management within the region's industrial sector. The presence of more than 2.2 jobs per 1,000 workers further underscores the active job market.
Salary Overview
The average Industrial Production Managers in Louisville/Jefferson County, KY-IN earns-7.7%below the national average.
$57.3
$2,294
$9,939
Industrial Production Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Industrial Production Managers have experienced steady growth over the past four years, mirroring national trends in manufacturing and industrial output. This upward trajectory is typically driven by inflation, increased demand for experienced professionals, and advancements in production technologies requiring skilled oversight.
Industrial Production Managers Salary Distribution in Louisville/Jefferson County, KY-IN
Salary progression for Industrial Production Managers typically scales significantly with experience. Entry-level positions may start considerably lower than the average, while senior managers with extensive experience and specialized skills can command salaries well above the $119,270 mark. The percentile gaps in salary distribution clearly signify the career advancement opportunities and the value placed on seasoned leadership in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,950 | $32.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $89,453 | $43 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $109,000 | $52.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $149,088 | $71.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $175,860 | $84.5 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$119,270
Gross Pay
Real Wage (Purchasing Power)
$119,270
Adjusted for COL (100)
The average annual salary of $119,270 in Louisville/Jefferson County, KY-IN 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 average, offering a stable financial standing without the premium or discount often associated with higher or lower cost-of-living areas.
Job Market Context
1,530
Total Jobs
2.225
Per 1K Jobs
1.46
Location Quotient
With a location quotient of 1.46, Louisville/Jefferson County, KY-IN has a slightly higher-than-average concentration of Industrial Production Managers roles compared to the national norm.
A Location Quotient of 1.46 for Industrial Production Managers in Louisville/Jefferson County, KY-IN signifies that this occupation is 46% more concentrated in this region than the national average. This suggests a strong and established presence of the industry, indicating a competitive yet abundant job market where employers actively seek and retain talent in this specialized field.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Industrial Production Managers Salary | $104,550↓ 12% | 39 mi |
| Columbus, IN Industrial Production Managers Salary | $113,720↓ 5% | 67 mi |
| Central Kentucky nonmetropolitan area Industrial Production Managers Salary | $110,340↓ 7% | 72 mi |
| South Central Kentucky nonmetropolitan area Industrial Production Managers Salary | $103,050↓ 14% | 72 mi |
| West Kentucky nonmetropolitan area Industrial Production Managers Salary | $105,820↓ 11% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Industrial Production Managers in Louisville/Jefferson County, KY-IN is $119,270. This typically ranges from $66,950 for entry-level positions to $175,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 7.7% lower than the national median of $129,180.
Is Louisville/Jefferson County, KY-IN a lucrative place for Industrial Production Managers?
Yes, it offers competitive compensation relative to the cost of living.While the average salary is slightly below the national average, the Cost of Living Index is also at the national average, making the effective purchasing power strong. The high concentration of these roles also indicates a healthy job market.
Is Louisville/Jefferson County, KY-IN a good place to live for Industrial Production Managers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($104,550) and Columbus, IN.
How does the Louisville salary compare to the national average?
The average salary for Industrial Production Managers in Louisville/Jefferson County, KY-IN is $119,270, which is approximately $9,910 less than the national average of $129,180.
What is the significance of the Location Quotient (LQ) of 1.46?
An LQ of 1.46 means that Industrial Production Managers are 46% more concentrated in Louisville/Jefferson County, KY-IN than the national average, indicating a higher demand and presence of these roles in the region.
How does the Cost of Living in Louisville/Jefferson County affect salary perception?
With a Cost of Living Index of 100, the local cost of living is exactly at the national average. This means the $119,270 salary has the same purchasing power as the national average salary.
What does the total local workforce size suggest about job opportunities?
A local workforce of 1,530 Industrial Production Managers indicates a substantial and established presence of this profession, suggesting a stable job market with ongoing opportunities for skilled individuals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,530 employees in the Louisville/Jefferson County, KY-IN area with a job density of 2.225 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 Louisville/Jefferson County, KY-IN