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Average Industrial Production Managers Salary in Southern Indiana nonmetropolitan area

Industrial Production Managers in Southern Indiana's nonmetropolitan area earn an average annual salary of $105,280. This figure is notably below the national average of $129,180, reflecting regional economic factors and potentially a different industrial landscape. The specific demand and supply dynamics within this locale significantly influence compensation levels for these critical operational roles.

Executive Summary

  • Average Salary: $105,280 per year.
  • Growth Trend: Salaries have shifted 3.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $145,340.
  • Outlook: The local workforce of 750 Industrial Production Managers, coupled with a Location Quotient of 2.5, indicates a strong concentration of these professionals in Southern Indiana's nonmetropolitan region. This suggests a robust demand for their expertise, significantly exceeding the national average concentration. The presence of nearly 4 jobs per 1,000 workers further underscores the active market for these roles.
2024 Market Data

Salary Overview

$105,280

The average Industrial Production Managers in Southern Indiana nonmetropolitan area earns-18.5%below the national average.

BreakdownBased on 40h/week
Hourly

$50.6

Weekly

$2,025

Monthly

$8,773

Industrial Production Managers Salary Distribution in Southern Indiana nonmetropolitan area

Career progression for Industrial Production Managers typically involves significant salary increases with experience. Entry-level positions will command lower salaries, while senior managers with extensive experience and a proven track record of optimizing production processes can expect compensation well above the average. The percentile gaps in salary distribution clearly signify the substantial rewards associated with advancing through the ranks and acquiring specialized skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$69,190$33.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$78,960$38
ManagerOversees team, compliance, and project delivery.50% (Median)$98,420$47.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$131,600$63.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$145,340$69.9

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$105,280

Gross Pay

Real Wage (Purchasing Power)

$105,280

Adjusted for COL (100)

The average annual salary of $105,280 in Southern Indiana's nonmetropolitan area aligns perfectly with the national 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 stability and predictability for those considering a move.

Job Market Context

750

Total Jobs

3.807

Per 1K Jobs

2.5

Location Quotient

Major Hub

Southern Indiana nonmetropolitan area has 2.5x 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.

A Location Quotient of 2.5 for Industrial Production Managers in Southern Indiana's nonmetropolitan area signifies a market that is 2.5 times more concentrated than the national average. This indicates a highly specialized and potentially competitive environment where employers actively seek out talent with specific industrial production management skills, suggesting a strong demand relative to the national landscape.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Southern Indiana nonmetropolitan area

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Southern Indiana nonmetropolitan area?

The median annual salary for a Industrial Production Managers in Southern Indiana nonmetropolitan area is $105,280. This typically ranges from $69,190 for entry-level positions to $145,340 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Indiana nonmetropolitan area is 18.5% lower than the national median of $129,180.

Is Southern Indiana nonmetropolitan area a lucrative place for Industrial Production Managers?

Yes, with a caveat regarding national averages.While the average salary is below the national benchmark, the high concentration (LQ 2.5) and cost of living matching the national average suggest strong local demand and good purchasing power for the role.

Is Southern Indiana nonmetropolitan area a good place to live for Industrial Production Managers?

The Cost of Living Index in Southern Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southern Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($131,260) and Kokomo, IN.

How does the local workforce size impact job availability?

A local workforce of 750 Industrial Production Managers suggests a substantial pool of talent and established industry presence, supporting ongoing demand and potential for career growth within the region.

What does a Location Quotient of 2.5 mean for Industrial Production Managers?

A Location Quotient of 2.5 indicates that Industrial Production Managers are significantly more prevalent in this nonmetropolitan area of Southern Indiana compared to the national average, pointing to specialized industry needs.

How does the cost of living affect the $105,280 salary?

With a Cost of Living Index of 100, the $105,280 salary offers purchasing power equivalent to the national average, making it a stable financial proposition for residents.

Are there many Industrial Production Manager jobs per 1,000 workers in this area?

Yes, with 3.807 jobs per 1,000 workers, this nonmetropolitan area shows a higher-than-average concentration of opportunities for Industrial Production Managers, reflecting strong local industry employment.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 750 employees in the Southern Indiana nonmetropolitan area area with a job density of 3.807 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.