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Average Industrial Production Managers Salary in Portland-South Portland, ME

Industrial Production Managers in Portland-South Portland, ME, command an average annual salary of $123,660. This figure is slightly below the national average of $129,180, suggesting a localized market dynamic that influences compensation. Factors such as regional industry demand and the specific economic landscape of Maine likely contribute to this pay scale.

Executive Summary

  • Average Salary: $123,660 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,530.
  • Outlook: The Portland-South Portland area supports a robust workforce of 490 Industrial Production Managers. With a Location Quotient of 1.14, this indicates a concentration of these roles that is 14% higher than the national average, signaling a healthy and potentially growing demand for skilled professionals in this sector within the region.
2024 Market Data

Salary Overview

$123,660

The average Industrial Production Managers in Portland-South Portland, ME earns-4.3%below the national average.

BreakdownBased on 40h/week
Hourly

$59.5

Weekly

$2,378

Monthly

$10,305

Industrial Production Managers Salary Distribution in Portland-South Portland, ME

Salary progression for Industrial Production Managers in Portland-South Portland, ME, typically scales significantly with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive leadership and operational expertise can command salaries in the upper percentiles, reflecting their value in optimizing production processes and managing teams effectively.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$80,460$38.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,745$44.6
ManagerOversees team, compliance, and project delivery.50% (Median)$110,730$53.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$154,575$74.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$163,530$78.6

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$123,660

Gross Pay

Real Wage (Purchasing Power)

$123,660

Adjusted for COL (100)

An average annual salary of $123,660 in Portland-South Portland, ME, aligns perfectly with the national average cost of living (Index 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 footing without the added pressure of higher or lower living expenses.

Job Market Context

490

Total Jobs

1.732

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Portland-South Portland, ME has a slightly higher-than-average concentration of Industrial Production Managers roles compared to the national norm.

The Location Quotient of 1.14 for Industrial Production Managers in Portland-South Portland, ME, signifies a slightly higher concentration of these roles compared to the national average. This suggests a competitive yet accessible job market where demand is present and potentially outstripping supply, offering good opportunities for qualified candidates.

Nearby Job Markets

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Portland-South Portland, ME?

The median annual salary for a Industrial Production Managers in Portland-South Portland, ME is $123,660. This typically ranges from $80,460 for entry-level positions to $163,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Portland-South Portland, ME is 4.3% lower than the national median of $129,180.

Is Portland-South Portland, ME a lucrative place for Industrial Production Managers?

Yes, it offers competitive compensation relative to the cost of living.Industrial Production Managers earn $123,660 annually, which is comparable to the national average salary, while the cost of living is exactly at the national average, making it financially advantageous.

Is Portland-South Portland, ME a good place to live for Industrial Production Managers?

The Cost of Living Index in Portland-South Portland, ME is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Portland-South Portland, ME?

Some top paying nearby cities include Lewiston-Auburn, ME ($133,340) and Central New Hampshire nonmetropolitan area.

How does the Portland-South Portland salary compare to the national average?

The average salary for Industrial Production Managers in Portland-South Portland, ME is $123,660, which is slightly lower than the national average of $129,180.

What is the concentration of Industrial Production Managers in this area?

The Location Quotient is 1.14, indicating that the concentration of Industrial Production Managers in Portland-South Portland, ME is 14% higher than the national average.

How does the cost of living affect the salary?

The cost of living in Portland-South Portland, ME is 100, which is the national average. This means the $123,660 salary has the same purchasing power as the national average salary.

What is the total workforce size for this role locally?

There are approximately 490 Industrial Production Managers employed in the Portland-South Portland, ME area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Portland-South Portland, ME area with a job density of 1.732 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.