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Average Industrial Production Managers Salary in Niles, MI

Industrial Production Managers in Niles, MI earn an average annual salary of $118,240. This figure is slightly below the national average of $129,180, suggesting that while the role is present, local market dynamics and industry specifics in Niles may influence compensation levels compared to broader national trends. The concentration of these roles in Niles, however, indicates a significant local demand.

Executive Summary

  • Average Salary: $118,240 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,150.
  • Outlook: With a local workforce of 250 Industrial Production Managers, Niles, MI demonstrates a notable presence in this sector. The Location Quotient of 2.81 significantly exceeds the national average, indicating a strong concentration of these roles within the local economy. This suggests a robust job market for Industrial Production Managers in Niles, with demand likely outpacing the national average.
2024 Market Data

Salary Overview

$118,240

The average Industrial Production Managers in Niles, MI earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$56.9

Weekly

$2,274

Monthly

$9,853

Industrial Production Managers Salary Distribution in Niles, MI

Salary progression for Industrial Production Managers in Niles, MI, typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive leadership and operational expertise can command salaries well above the average. The percentile gaps in salary data reflect this career trajectory, with senior roles representing the highest earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,630$31.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$88,680$42.6
ManagerOversees team, compliance, and project delivery.50% (Median)$105,130$50.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$147,800$71.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$170,150$81.8

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$118,240

Gross Pay

Real Wage (Purchasing Power)

$118,240

Adjusted for COL (100)

The average annual salary of $118,240 in Niles, MI, 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 Niles 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

250

Total Jobs

4.267

Per 1K Jobs

2.81

Location Quotient

Major Hub

Niles, MI has 2.8x 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 2.81 for Industrial Production Managers in Niles, MI, signifies a highly concentrated job market relative to the rest of the United States. This indicates that the demand for these professionals is substantially higher in Niles than the national average, suggesting a competitive environment for employers seeking talent and potentially favorable conditions for job seekers.

Nearby Job Markets

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Niles, MI?

The median annual salary for a Industrial Production Managers in Niles, MI is $118,240. This typically ranges from $65,630 for entry-level positions to $170,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Niles, MI is 8.5% lower than the national median of $129,180.

Is Niles, MI a lucrative place for Industrial Production Managers?

Yes, with a strong concentration of roles.While the average salary is slightly below the national average, the significantly high Location Quotient indicates strong local demand and a robust job market for Industrial Production Managers in Niles.

Is Niles, MI a good place to live for Industrial Production Managers?

The Cost of Living Index in Niles, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Niles, MI?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($114,560) and Elkhart-Goshen, IN.

How does the Niles, MI salary compare to the national average?

The average annual salary for Industrial Production Managers in Niles, MI is $118,240, which is approximately 8.4% lower than the national average of $129,180.

What is the significance of the Location Quotient in Niles, MI?

A Location Quotient of 2.81 means that Industrial Production Managers are employed in Niles at a rate 2.81 times higher than the national average, indicating a strong local industry presence and demand.

How does the Cost of Living in Niles, MI affect the salary?

With a Cost of Living Index of 100, Niles, MI is at the national average. This means the $118,240 salary offers purchasing power equivalent to the national average, making it a stable financial environment.

What is the total number of Industrial Production Managers in Niles, MI?

There are approximately 250 Industrial Production Managers employed in the Niles, MI area, representing a significant portion of the local workforce in this specialized field.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Niles, MI area with a job density of 4.267 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.