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Average Industrial Production Managers Salary in West Central Illinois nonmetropolitan area

Industrial Production Managers in the West Central Illinois nonmetropolitan area earn an average annual salary of $113,990. This figure is notably below the national average of $129,180, suggesting that regional economic factors and industry demand play a significant role in compensation within this specific locale. The unique industrial landscape and workforce dynamics of West Central Illinois likely contribute to this pay differential.

Executive Summary

  • Average Salary: $113,990 per year.
  • Growth Trend: Salaries have shifted 10.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $170,150.
  • Outlook: The job market for Industrial Production Managers in West Central Illinois appears moderately robust, evidenced by a total local workforce of 430 individuals in this role. While not a massive market, the concentration of these positions, indicated by a Location Quotient of 1.68, suggests a demand that is 68% higher than the national average. This implies that the region relies on these professionals more heavily than the typical U.S. area, pointing to a stable, albeit specialized, job market.
2024 Market Data

Salary Overview

$113,990

The average Industrial Production Managers in West Central Illinois nonmetropolitan area earns-11.8%below the national average.

BreakdownBased on 40h/week
Hourly

$54.8

Weekly

$2,192

Monthly

$9,499

Industrial Production Managers Salary Distribution in West Central Illinois nonmetropolitan area

Salary progression for Industrial Production Managers typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive leadership experience and a proven track record in optimizing production processes can expect to earn considerably more. The percentile gaps in salary data, though not explicitly detailed here, would reflect this career trajectory, with senior managers occupying the higher salary brackets.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$76,330$36.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$85,493$41.1
ManagerOversees team, compliance, and project delivery.50% (Median)$103,810$49.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$142,488$68.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$170,150$81.8

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$113,990

Gross Pay

Real Wage (Purchasing Power)

$113,990

Adjusted for COL (100)

The nominal average annual salary of $113,990 in West Central Illinois 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 someone earning the national average salary in a location with a national average cost of living. Therefore, the salary offers a standard lifestyle without the premium or discount associated with higher or lower cost-of-living areas.

Job Market Context

430

Total Jobs

2.551

Per 1K Jobs

1.68

Location Quotient

Major Hub

West Central Illinois 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, West Central Illinois exhibits a significantly higher concentration of Industrial Production Managers compared to the national average. This indicates a specialized demand for these professionals within the region's industrial sector. While the total workforce size is moderate, the elevated LQ suggests that companies in this area actively seek and retain these managers, making the market competitive for skilled individuals but potentially abundant in opportunities for those with relevant experience.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

Comparing salaries near West Central Illinois nonmetropolitan area

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in West Central Illinois nonmetropolitan area?

The median annual salary for a Industrial Production Managers in West Central Illinois nonmetropolitan area is $113,990. This typically ranges from $76,330 for entry-level positions to $170,150 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Central Illinois nonmetropolitan area is 11.8% lower than the national median of $129,180.

Is West Central Illinois nonmetropolitan area a lucrative place for Industrial Production Managerss?

No, it is not as lucrative as the national average.While the average salary of $113,990 is substantial, it falls below the national average of $129,180. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is West Central Illinois nonmetropolitan area a good place to live for Industrial Production Managers?

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

Where are the highest paying cities near West Central Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($121,270) and Decatur, IL.

How does the local salary compare to the national average?

The average annual salary for Industrial Production Managers in West Central Illinois is $113,990, which is lower than the national average of $129,180.

What is the cost of living in West Central Illinois compared to the national average?

The cost of living in West Central Illinois is exactly at the national average, with an index of 100.

How concentrated are Industrial Production Manager jobs in this region?

The region has a high concentration of these jobs, with a Location Quotient of 1.68, meaning they are 68% more prevalent than the national average.

What is the total number of Industrial Production Managers in West Central Illinois?

There are approximately 430 Industrial Production Managers employed in the West Central Illinois nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the West Central Illinois nonmetropolitan area area with a job density of 2.551 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.