Average Industrial Production Managers Salary in Raleigh-Cary, NC
Industrial Production Managers in Raleigh-Cary, NC, command an impressive average annual salary of $130,060. This figure slightly surpasses the national average of $129,180, indicating a robust demand and competitive compensation landscape within the region. The local economic drivers and industry concentration contribute to this favorable pay scale.
Executive Summary
- Average Salary: $130,060 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $212,690.
- Outlook: The Raleigh-Cary area supports a substantial workforce of 880 Industrial Production Managers. With a Location Quotient of 0.8, the concentration is slightly below the national average, suggesting a stable yet not oversaturated market. The presence of 1.218 jobs per 1,000 workers indicates a consistent need for these professionals, underpinning a healthy job market outlook.
Salary Overview
The average Industrial Production Managers in Raleigh-Cary, NC earns+0.7%above the national average.
$62.5
$2,501
$10,838
Industrial Production Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Industrial Production Managers in Raleigh-Cary have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for manufactured goods, and evolving industry needs likely contribute to upward salary adjustments, ensuring competitive compensation for experienced professionals.
Industrial Production Managers Salary Distribution in Raleigh-Cary, NC
Career progression for Industrial Production Managers in Raleigh-Cary is typically marked by significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries well into the upper percentiles, often exceeding $150,000. These percentile gaps clearly signify the value placed on experience and leadership in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $65,170 | $31.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,545 | $46.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $119,380 | $57.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $162,575 | $78.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $212,690 | $102.3 |
Detailed Industrial Production Managers Market Analysis
Relocation Context
Nominal Salary
$130,060
Gross Pay
Real Wage (Purchasing Power)
$130,060
Adjusted for COL (100)
The average annual salary of $130,060 in Raleigh-Cary, NC, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an Industrial Production Manager's salary in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain compared to other regions.
Job Market Context
880
Total Jobs
1.218
Per 1K Jobs
0.8
Location Quotient
Raleigh-Cary, NC 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 Raleigh-Cary suggests that the profession is slightly less concentrated than the national average. This indicates a healthy job market where demand is present but not overwhelmingly saturated, potentially offering good opportunities for skilled professionals seeking employment without facing extreme competition.
Nearby Job Markets
Nearby Cities for Industrial Production Managers
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Industrial Production Managers Salary | $141,740↑ 9% | 18 mi |
| Rocky Mount, NC Industrial Production Managers Salary | $136,110↑ 5% | 48 mi |
| Goldsboro, NC Industrial Production Managers Salary | $114,030↓ 12% | 49 mi |
| Burlington, NC Industrial Production Managers Salary | $119,760↓ 8% | 49 mi |
| Fayetteville, NC Industrial Production Managers Salary | $111,710↓ 14% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Industrial Production Managerss?
Frequently Asked Questions
How much does a Industrial Production Managers make in Raleigh-Cary, NC?
The median annual salary for a Industrial Production Managers in Raleigh-Cary, NC is $130,060. This typically ranges from $65,170 for entry-level positions to $212,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 0.7% higher than the national median of $129,180.
Is Raleigh-Cary, NC a lucrative place for Industrial Production Managers?
Yes, Raleigh-Cary, NC offers a lucrative environment for Industrial Production Managers.The average salary of $130,060 is slightly above the national average, and the cost of living is on par with the national index, providing strong purchasing power.
Is Raleigh-Cary, NC a good place to live for Industrial Production Managers?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($141,740) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average annual salary for Industrial Production Managers in Raleigh-Cary, NC, is $130,060, which is slightly higher than the national average of $129,180.
What is the cost of living in Raleigh-Cary, NC for Industrial Production Managers?
The Cost of Living Index in Raleigh-Cary, NC, is 100, which is exactly the national average. This means your salary has the same purchasing power as it would nationally.
How concentrated is the job market for Industrial Production Managers in Raleigh-Cary, NC?
The job market concentration, measured by the Location Quotient, is 0.8, indicating it's slightly less concentrated than the national average, suggesting a balanced market.
How many Industrial Production Managers work in Raleigh-Cary, NC?
There are approximately 880 Industrial Production Managers employed in the Raleigh-Cary, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 880 employees in the Raleigh-Cary, NC area with a job density of 1.218 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 Raleigh-Cary, NC