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Average Industrial Production Managers Salary in Wyoming

Industrial Production Managers in Wyoming earn an impressive average annual salary of $155,180, significantly exceeding the national average of $129,180. This elevated compensation likely reflects the specialized skills required for managing production processes in a state with a unique industrial landscape and potentially higher operational costs.

Executive Summary

  • Average Salary: $155,180 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $219,850.
  • Outlook: With a local workforce of 360 Industrial Production Managers and a Location Quotient of 0.84, the job market in Wyoming indicates a stable, though slightly less concentrated, presence compared to national averages. The figure of 1.281 jobs per 1,000 workers suggests a consistent demand for these roles within the state's industrial sectors.
2024 Market Data

Salary Overview

$155,180

The average Industrial Production Managers in Wyoming earns+20.1%above the national average.

BreakdownBased on 40h/week
Hourly

$74.6

Weekly

$2,984

Monthly

$12,932

Industrial Production Managers Salary Distribution in Wyoming

The salary for an Industrial Production Manager in Wyoming can vary significantly based on 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 higher percentiles, reflecting their greater value and contribution to productivity and efficiency.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$101,210$48.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$116,385$56
ManagerOversees team, compliance, and project delivery.50% (Median)$155,670$74.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$193,975$93.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$219,850$105.7

Detailed Industrial Production Managers Market Analysis

Relocation Context

Nominal Salary

$155,180

Gross Pay

Real Wage (Purchasing Power)

$167,220

Adjusted for COL (92.8)

An average annual salary of $155,180 in Wyoming presents a favorable financial situation, especially considering the state's Cost of Living Index of 92.8, which is below the national average of 100. This means that the purchasing power of an Industrial Production Manager's salary in Wyoming is likely higher than in many other parts of the country.

Job Market Context

360

Total Jobs

1.281

Per 1K Jobs

0.84

Location Quotient

Below Average

Wyoming has 0.84x 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.

Wyoming's Location Quotient of 0.84 suggests that Industrial Production Manager roles are present but not disproportionately concentrated compared to the national average. This indicates a healthy, albeit not hyper-specialized, job market where professionals can find opportunities without facing extreme competition often seen in more saturated regions.

Nearby Job Markets

Nearby Cities for Industrial Production Managers

CitySalaryDist.
Casper, WY Industrial Production Managers Salary$150,820 3%50 mi

Comparing salaries near Wyoming

Hiring Industrial Production Managerss?

Frequently Asked Questions

How much does a Industrial Production Managers make in Wyoming?

The median annual salary for a Industrial Production Managers in Wyoming is $155,180. This typically ranges from $101,210 for entry-level positions to $219,850 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wyoming is 20.1% higher than the national median of $129,180.

Is Wyoming a lucrative place for Industrial Production Managers?

Yes, Wyoming offers a lucrative environment for Industrial Production Managers.The average salary of $155,180 significantly surpasses the national average, and the lower cost of living further enhances the financial benefits for these professionals.

Is Wyoming a good place to live for Industrial Production Managers?

With a Cost of Living Index of 92.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Wyoming?

Some top paying nearby cities include Casper, WY ($150,820) and others.

How does the Wyoming salary compare to the national average?

The average annual salary for Industrial Production Managers in Wyoming is $155,180, which is substantially higher than the national average of $129,180.

What is the total number of Industrial Production Managers in Wyoming?

There are approximately 360 Industrial Production Managers employed in Wyoming.

How does the concentration of Industrial Production Managers in Wyoming compare nationally?

Wyoming has a Location Quotient of 0.84 for Industrial Production Managers, indicating a slightly lower concentration of these roles compared to the national average.

Is the cost of living in Wyoming higher or lower than the national average?

The cost of living in Wyoming is lower than the national average, with an index of 92.8 compared to the national benchmark of 100.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Wyoming area with a job density of 1.281 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.