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Average Industrial Production Managers Salary in Milwaukee-Waukesha, WI

Industrial Production Managers in the Milwaukee-Waukesha, WI area earn an impressive average annual salary of $128,030. This figure is remarkably close to the national average of $129,180, indicating strong compensation within this key manufacturing hub. The robust industrial sector and demand for skilled management professionals in the region contribute to this competitive pay.

Executive Summary

  • Average Salary: $128,030 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $175,220.
  • Outlook: With a local workforce of 2,090 Industrial Production Managers, Milwaukee-Waukesha demonstrates a significant concentration of talent. The Location Quotient of 1.68 suggests that this role is more prevalent here than the national average, pointing to a healthy and potentially growing job market for these professionals.
2024 Market Data

Salary Overview

$128,030

The average Industrial Production Managers in Milwaukee-Waukesha, WI earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$61.6

Weekly

$2,462

Monthly

$10,669

Industrial Production Managers Salary Distribution in Milwaukee-Waukesha, WI

Salary progression for Industrial Production Managers typically scales with experience. Entry-level positions may start at a lower percentile, while senior managers with extensive expertise and a proven track record can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth opportunities and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$79,590$38.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$96,023$46.2
ManagerOversees team, compliance, and project delivery.50% (Median)$121,530$58.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$160,038$76.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$175,220$84.2

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$128,030

Gross Pay

Real Wage (Purchasing Power)

$128,030

Adjusted for COL (100)

The average annual salary of $128,030 in Milwaukee-Waukesha 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.

Job Market Context

2,090

Total Jobs

2.547

Per 1K Jobs

1.68

Location Quotient

Major Hub

Milwaukee-Waukesha, WI has 1.7x 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 1.68 for Industrial Production Managers in Milwaukee-Waukesha indicates a market that is significantly more concentrated than the national average. This suggests a strong demand and a specialized industry presence, making it a potentially advantageous location for those seeking opportunities in this field.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Milwaukee-Waukesha, WI

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Milwaukee-Waukesha, WI?

The median annual salary for a Industrial Production Managers in Milwaukee-Waukesha, WI is $128,030. This typically ranges from $79,590 for entry-level positions to $175,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Milwaukee-Waukesha, WI is 0.9% lower than the national median of $129,180.

Is Milwaukee-Waukesha, WI a lucrative place for Industrial Production Managers?

Yes.The average salary of $128,030 is very competitive with the national average, and the cost of living is exactly at the national average. The high concentration of these roles (LQ of 1.68) further supports strong local demand.

Is Milwaukee-Waukesha, WI a good place to live for Industrial Production Managers?

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

Where are the highest paying cities near Milwaukee-Waukesha, WI?

Some top paying nearby cities include Racine-Mount Pleasant, WI ($117,710) and Kenosha, WI.

How does the Milwaukee-Waukesha salary compare to the national average?

The average salary of $128,030 in Milwaukee-Waukesha is slightly below the national average of $129,180, representing a difference of approximately $1,150 annually.

What is the significance of the Location Quotient (LQ) of 1.68?

An LQ of 1.68 means that Industrial Production Managers are employed in Milwaukee-Waukesha at a rate 68% higher than the national average, indicating a strong presence and demand for this profession in the region.

Does the cost of living affect the salary's value?

No, the cost of living in Milwaukee-Waukesha is exactly at the national average (100), meaning the $128,030 salary has the same purchasing power as the national average salary.

How many Industrial Production Managers work in Milwaukee-Waukesha?

There are approximately 2,090 Industrial Production Managers employed within the Milwaukee-Waukesha metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,090 employees in the Milwaukee-Waukesha, WI area with a job density of 2.547 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.