Average Industrial Production Managers Salary in Palm Bay-Melbourne-Titusville, FL
Industrial Production Managers in the Palm Bay-Melbourne-Titusville, FL area earn an impressive average annual salary of $130,530. This figure slightly surpasses the national average of $129,180, indicating a strong local demand for these critical operational roles. The specialized nature of manufacturing and production within this region likely contributes to the competitive compensation offered to experienced professionals.
Executive Summary
- Average Salary: $130,530 per year.
- Growth Trend: Salaries have shifted 11.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $182,190.
- Outlook: With a local workforce of 380 Industrial Production Managers and a Location Quotient of 1.04, the job market in Palm Bay-Melbourne-Titusville, FL, shows a healthy concentration of these roles, slightly above the national average. This suggests a stable and potentially growing demand for skilled professionals to oversee and optimize production processes within the area's industrial landscape.
Salary Overview
The average Industrial Production Managers in Palm Bay-Melbourne-Titusville, FL earns+1.0%above the national average.
$62.8
$2,510
$10,878
Industrial Production Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Production Managers in Palm Bay-Melbourne-Titusville, FL, have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for manufactured goods, and the need for advanced operational expertise likely drive this upward salary trajectory.
Industrial Production Managers Salary Distribution in Palm Bay-Melbourne-Titusville, FL
The career path for an Industrial Production Manager typically involves significant salary progression. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and a proven track record in optimizing efficiency and managing complex operations can command salaries in the upper percentiles, reflecting their increased value and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $75,300 | $36.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,898 | $47.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $127,410 | $61.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $163,163 | $78.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $182,190 | $87.6 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$130,530
Gross Pay
Real Wage (Purchasing Power)
$130,530
Adjusted for COL (100)
The average annual salary of $130,530 in Palm Bay-Melbourne-Titusville, FL, 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 comparable to the national average, offering a stable financial environment without significant cost-of-living adjustments needed.
Job Market Context
380
Total Jobs
1.577
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Palm Bay-Melbourne-Titusville, FL has a slightly higher-than-average concentration of Industrial Production Managers roles compared to the national norm.
A Location Quotient of 1.04 signifies that Industrial Production Managers are slightly more concentrated in the Palm Bay-Melbourne-Titusville, FL area than the national average. This suggests a robust and active job market for these professionals, where employers may actively seek out specialized talent, potentially leading to competitive hiring practices.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Sebastian-Vero Beach-West Vero Corridor, FL Industrial Production Managers Salary | $113,370↓ 13% | 17 mi |
| Port St. Lucie, FL Industrial Production Managers Salary | $106,150↓ 19% | 50 mi |
| Orlando-Kissimmee-Sanford, FL Industrial Production Managers Salary | $125,070↓ 4% | 59 mi |
| North Florida nonmetropolitan area Industrial Production Managers Salary | $131,800↑ 1% | 64 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Industrial Production Managers in Palm Bay-Melbourne-Titusville, FL is $130,530. This typically ranges from $75,300 for entry-level positions to $182,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 1.0% higher than the national median of $129,180.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Industrial Production Managerss?
Yes, it is a lucrative place for Industrial Production Managers.The average salary of $130,530 is slightly above the national average, and the Cost of Living Index is at the national average, indicating strong earning potential.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Industrial Production Managers?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($113,370) and Port St. Lucie, FL.
How does the local salary compare to the national average?
The average annual salary for Industrial Production Managers in Palm Bay-Melbourne-Titusville, FL, is $130,530, which is slightly higher than the national average of $129,180.
What is the concentration of Industrial Production Managers in this area?
The Location Quotient is 1.04, meaning there is a slightly higher concentration of Industrial Production Managers in Palm Bay-Melbourne-Titusville, FL, compared to the national average.
How does the Cost of Living affect the salary in Palm Bay-Melbourne-Titusville, FL?
The Cost of Living Index is 100, which is the national average. This means the $130,530 salary has purchasing power equivalent to the national average.
What does the total local workforce number indicate?
A total local workforce of 380 Industrial Production Managers suggests a significant, albeit specialized, presence of these roles within the region's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 1.577 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 Palm Bay-Melbourne-Titusville, FL