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Average Industrial Production Managers Salary in Upper Peninsula of Michigan nonmetropolitan area

Industrial Production Managers in the Upper Peninsula of Michigan nonmetropolitan area earn an average annual salary of $114,380. This figure is notably below the national average of $129,180, reflecting regional economic factors and industry concentration. The specific pay scale in this area is influenced by the local demand for skilled management professionals within the manufacturing and production sectors.

Executive Summary

  • Average Salary: $114,380 per year.
  • Growth Trend: Salaries have shifted 8.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $164,850.
  • Outlook: The job market for Industrial Production Managers in the Upper Peninsula of Michigan appears moderately robust, evidenced by a total local workforce of 280 individuals in this role. The Location Quotient of 1.68 indicates a higher concentration of these positions compared to the national average, suggesting a sustained demand for experienced professionals within the region's industrial landscape.
2024 Market Data

Salary Overview

$114,380

The average Industrial Production Managers in Upper Peninsula of Michigan nonmetropolitan area earns-11.5%below the national average.

BreakdownBased on 40h/week
Hourly

$55

Weekly

$2,200

Monthly

$9,532

Industrial Production Managers Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area

Career progression for Industrial Production Managers typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while senior roles, commanding greater responsibility and expertise, can reach the higher percentiles of the salary range. The widening gap between entry-level and senior salaries signifies substantial career advancement opportunities and earning potential within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$74,120$35.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$85,785$41.2
ManagerOversees team, compliance, and project delivery.50% (Median)$104,500$50.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$142,975$68.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$164,850$79.3

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$114,380

Gross Pay

Real Wage (Purchasing Power)

$114,380

Adjusted for COL (100)

The average annual salary of $114,380 in the Upper Peninsula of Michigan 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 that of their national counterparts, offering stability in terms of affordability relative to the rest of the country.

Job Market Context

280

Total Jobs

2.554

Per 1K Jobs

1.68

Location Quotient

Major Hub

Upper Peninsula of Michigan nonmetropolitan area has 1.7x 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.

With a Location Quotient of 1.68, the Upper Peninsula of Michigan nonmetropolitan area exhibits a significantly higher concentration of Industrial Production Managers than the national average. This suggests a specialized regional market where these roles are more prevalent, potentially leading to a more competitive environment for job seekers but also indicating a strong presence and demand from local industries.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Upper Peninsula of Michigan nonmetropolitan area?

The median annual salary for a Industrial Production Managers in Upper Peninsula of Michigan nonmetropolitan area is $114,380. This typically ranges from $74,120 for entry-level positions to $164,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 11.5% lower than the national median of $129,180.

Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Industrial Production Managerss?

No, but it offers good value.While the average salary of $114,380 is below the national average, the Cost of Living Index of 100 means your earnings have equivalent purchasing power. The high concentration of roles (LQ 1.68) indicates a stable job market.

Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Industrial Production Managers?

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

Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?

Some top paying nearby cities include Midland, MI ($148,630) and Saginaw, MI.

How does the Upper Peninsula's salary compare to the national average for Industrial Production Managers?

Industrial Production Managers in the Upper Peninsula of Michigan earn an average of $114,380 annually, which is approximately $14,700 less than the national average of $129,180.

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

The region has a Location Quotient of 1.68, meaning there are 68% more Industrial Production Managers employed per worker than the national average, indicating a strong presence in the local economy.

How does the cost of living affect the salary in the Upper Peninsula?

The Cost of Living Index is 100, which is the national average. This means the $114,380 salary has the same purchasing power as the national average salary, despite being lower in nominal terms.

What does the job market size suggest for Industrial Production Managers?

With 280 Industrial Production Managers in the local workforce and a high concentration (LQ 1.68), the job market indicates a steady demand for these professionals within the region's industrial sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 2.554 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.