Average Industrial Production Managers Salary in Northwest Illinois nonmetropolitan area
Industrial Production Managers in the Northwest Illinois nonmetropolitan area earn an average annual salary of $121,980. This figure is slightly below the national average of $129,180, suggesting localized economic factors and industry demand play a significant role in compensation within this region. The specific needs and scale of industrial operations in Northwest Illinois likely influence this pay structure.
Executive Summary
- Average Salary: $121,980 per year.
- Growth Trend: Salaries have shifted 10.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $178,850.
- Outlook: With a local workforce of 430 Industrial Production Managers, the job market in Northwest Illinois nonmetropolitan area demonstrates a notable concentration, as indicated by a Location Quotient of 2.18. This suggests a demand for these professionals that is more than double the national average, pointing towards a robust and potentially growing sector for this role within the region.
Salary Overview
The average Industrial Production Managers in Northwest Illinois nonmetropolitan area earns-5.6%below the national average.
$58.7
$2,346
$10,165
Industrial Production Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Industrial Production Managers across the United States, including the Northwest Illinois nonmetropolitan area, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing industry complexity, and a persistent demand for skilled management professionals in the manufacturing and production sectors.
Industrial Production Managers Salary Distribution in Northwest Illinois nonmetropolitan area
Salary progression for Industrial Production Managers typically scales significantly with experience. Entry-level positions might command salaries closer to the lower percentiles, while senior managers with extensive experience and a proven track record can expect compensation in the upper percentiles. The substantial gaps between these percentiles highlight 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) | $79,130 | $38 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $91,485 | $44 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $109,550 | $52.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $152,475 | $73.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $178,850 | $86 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$121,980
Gross Pay
Real Wage (Purchasing Power)
$121,980
Adjusted for COL (100)
The average annual salary of $121,980 in Northwest Illinois nonmetropolitan area 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 environment without significant cost-of-living advantages or disadvantages compared to the rest of the country.
Job Market Context
430
Total Jobs
3.315
Per 1K Jobs
2.18
Location Quotient
Northwest Illinois nonmetropolitan area has 2.2x 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 2.18 for Industrial Production Managers in the Northwest Illinois nonmetropolitan area signifies a highly concentrated job market. This indicates that the demand for these professionals is significantly higher relative to the national average, suggesting a competitive environment for employers seeking talent and potentially favorable conditions for job seekers with relevant expertise.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Industrial Production Managers Salary | $121,270↓ 1% | 9 mi |
| Decatur, IL Industrial Production Managers Salary | $124,460↑ 2% | 34 mi |
| Champaign-Urbana, IL Industrial Production Managers Salary | $119,370↓ 2% | 41 mi |
| Peoria, IL Industrial Production Managers Salary | $118,890↓ 3% | 43 mi |
| Springfield, IL Industrial Production Managers Salary | $107,760↓ 12% | 53 mi |
Comparing salaries near Northwest Illinois nonmetropolitan area
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Northwest Illinois nonmetropolitan area?
The median annual salary for a Industrial Production Managers in Northwest Illinois nonmetropolitan area is $121,980. This typically ranges from $79,130 for entry-level positions to $178,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Illinois nonmetropolitan area is 5.6% lower than the national median of $129,180.
Is Northwest Illinois nonmetropolitan area a lucrative place for Industrial Production Managers?
Yes, it offers competitive compensation relative to its cost of living.Industrial Production Managers earn $121,980 annually, which is competitive given the national average cost of living. The high concentration of these roles (LQ 2.18) further indicates strong regional demand.
Is Northwest Illinois nonmetropolitan area a good place to live for Industrial Production Managers?
The Cost of Living Index in Northwest Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($121,270) and Decatur, IL.
How does the local salary compare to the national average?
The average annual salary for Industrial Production Managers in Northwest Illinois nonmetropolitan area is $121,980, which is slightly lower than the national average of $129,180.
What is the concentration of Industrial Production Managers in this area?
The concentration, measured by the Location Quotient, is 2.18, meaning there are more than twice the national average number of Industrial Production Managers per worker in this region.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the salary of $121,980 has the same purchasing power as the national average salary in a national average cost of living area.
What does the number of jobs per 1,000 workers indicate?
The figure of 3.315 jobs per 1,000 workers suggests a healthy presence of Industrial Production Manager roles within the local economy, aligning with the high Location Quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Northwest Illinois nonmetropolitan area area with a job density of 3.315 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 Northwest Illinois nonmetropolitan area