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Average Industrial Production Managers Salary in New Haven, CT

Industrial Production Managers in New Haven, CT, earn an impressive average annual salary of $129,360. This figure is remarkably aligned with the national average of $129,180, suggesting that the specific economic drivers and industry demands within New Haven create a compensation landscape that closely mirrors the broader U.S. market for this critical role.

Executive Summary

  • Average Salary: $129,360 per year.
  • Growth Trend: Salaries have shifted 1.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $187,550.
  • Outlook: With a local workforce of 350 Industrial Production Managers, New Haven presents a stable, albeit not exceptionally concentrated, job market for this profession. The Location Quotient of 0.8 indicates a slightly lower concentration of these roles compared to the national average, suggesting a balanced demand that is neither saturated nor critically undersupplied, offering steady opportunities for skilled professionals.
2024 Market Data

Salary Overview

$129,360

The average Industrial Production Managers in New Haven, CT earns+0.1%above the national average.

BreakdownBased on 40h/week
Hourly

$62.2

Weekly

$2,488

Monthly

$10,780

Industrial Production Managers Salary Distribution in New Haven, CT

The career path for an Industrial Production Manager typically involves significant salary progression based on experience. Entry-level positions might start at a lower percentile, while seasoned professionals with a proven track record in optimizing production, managing teams, and implementing strategic improvements can command salaries well into the upper percentiles, reflecting their increased value and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$78,720$37.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$97,020$46.6
ManagerOversees team, compliance, and project delivery.50% (Median)$123,580$59.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$161,700$77.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$187,550$90.2

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$129,360

Gross Pay

Real Wage (Purchasing Power)

$129,360

Adjusted for COL (100)

The average annual salary of $129,360 in New Haven, CT, 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 New Haven is equivalent to the national average, offering a stable financial standing without the immediate pressures of significantly higher or lower living expenses.

Job Market Context

350

Total Jobs

1.218

Per 1K Jobs

0.8

Location Quotient

Below Average

New Haven, CT has 0.80x 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 0.8 for Industrial Production Managers in New Haven suggests that the concentration of these roles is slightly below the national average. This indicates that while the profession is present and valued, the market is not overly saturated, potentially offering a competitive but accessible environment for those seeking employment or career advancement in this field.

Nearby Job Markets

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in New Haven, CT?

The median annual salary for a Industrial Production Managers in New Haven, CT is $129,360. This typically ranges from $78,720 for entry-level positions to $187,550 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Haven, CT is 0.1% higher than the national median of $129,180.

Is New Haven, CT a lucrative place for Industrial Production Managers?

Yes, New Haven, CT offers a lucrative environment for Industrial Production Managers.The average salary of $129,360 is virtually identical to the national average, and the cost of living is also at the national average, indicating strong earning potential relative to expenses.

Is New Haven, CT a good place to live for Industrial Production Managers?

The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Haven, CT?

Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($150,760) and Waterbury-Shelton, CT.

How does the New Haven salary compare to the national average?

The average annual salary for Industrial Production Managers in New Haven, CT, is $129,360, which is nearly identical to the national average of $129,180.

What is the concentration of Industrial Production Managers in New Haven?

The concentration, measured by the Location Quotient, is 0.8, indicating a slightly lower presence of these roles compared to the national average.

How does the cost of living affect the salary in New Haven?

With a Cost of Living Index of 100, the national average, the $129,360 salary in New Haven provides purchasing power equivalent to the national average.

What does the number of jobs per 1,000 workers signify?

The 1.218 jobs per 1,000 workers suggests a moderate level of employment opportunities for Industrial Production Managers within the 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 350 employees in the New Haven, CT area with a job density of 1.218 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.