SalaryNode

Average Production Occupations Salary in Lafayette-West Lafayette, IN

In Lafayette-West Lafayette, IN, professionals in Production Occupations earn an average annual salary of $51,410, surpassing the national average of $49,710. This elevated compensation is likely influenced by the region's specific industrial demands and the concentration of specialized manufacturing activities that necessitate a skilled workforce.

Executive Summary

  • Average Salary: $51,410 per year.
  • Growth Trend: Salaries have shifted 19.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $72,910.
  • Outlook: The Lafayette-West Lafayette area boasts a robust job market for Production Occupations, evidenced by a substantial local workforce of 15,700 individuals. With a Location Quotient of 2.71, production roles are significantly more concentrated here than the national average, indicating strong and sustained demand for these positions within the local economy.
2024 Market Data

Salary Overview

$51,410

The average Production Occupations in Lafayette-West Lafayette, IN earns+3.4%above the national average.

BreakdownBased on 40h/week
Hourly

$24.7

Weekly

$989

Monthly

$4,284

Production Occupations Salary Distribution in Lafayette-West Lafayette, IN

Career progression within Production Occupations in Lafayette-West Lafayette offers significant earning potential. Entry-level positions typically start at the lower end of the pay scale, while experienced professionals and senior roles can command substantially higher salaries. The widening percentile gaps clearly signify the value placed on accumulated experience, specialized skills, and leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$30,420$14.6
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,558$18.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$49,310$23.7
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$64,263$30.9
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$72,910$35.1

Detailed Production Occupations Market Analysis

Relocation Context

Nominal Salary

$51,410

Gross Pay

Real Wage (Purchasing Power)

$51,410

Adjusted for COL (100)

For individuals considering a move to Lafayette-West Lafayette, the average annual salary of $51,410 presents a favorable financial outlook. With a Cost of Living Index precisely at the national average of 100, the nominal salary translates directly into purchasing power that is on par with the rest of the country, making it an economically stable choice.

Job Market Context

15,700

Total Jobs

153.867

Per 1K Jobs

2.71

Location Quotient

Major Hub

Lafayette-West Lafayette, IN has 2.7x the national concentration of Production Occupations jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 2.71 for Production Occupations in Lafayette-West Lafayette signifies a market with a significantly higher concentration of these jobs compared to the national average. This indicates a specialized and abundant job market, suggesting that employers actively seek and retain production talent, making it a competitive yet opportunity-rich environment for workers.

Nearby Job Markets

Hiring Production Occupationss?

Frequently Asked Questions

How much does a Production Occupations make in Lafayette-West Lafayette, IN?

The median annual salary for a Production Occupations in Lafayette-West Lafayette, IN is $51,410. This typically ranges from $30,420 for entry-level positions to $72,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 3.4% higher than the national median of $49,710.

Is Lafayette-West Lafayette, IN a lucrative place for Production Occupationss?

Yes, Lafayette-West Lafayette offers a lucrative environment for Production Occupations.The average salary of $51,410 is above the national average, and the cost of living is exactly at the national average, providing strong purchasing power.

Is Lafayette-West Lafayette, IN a good place to live for Production Occupations?

The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Kokomo, IN ($66,770) and Northern Indiana nonmetropolitan area.

How does the local salary compare to the national average?

The average annual salary for Production Occupations in Lafayette-West Lafayette is $51,410, which is higher than the national average of $49,710.

What does the Location Quotient of 2.71 mean for job seekers?

A Location Quotient of 2.71 indicates that Production Occupations are more than 2.5 times more concentrated in Lafayette-West Lafayette than the national average, suggesting high demand and a specialized job market.

How does the Cost of Living in Lafayette-West Lafayette affect salary value?

With a Cost of Living Index of 100, the national average, your $51,410 salary in Lafayette-West Lafayette has the same purchasing power as the national average salary in a national average cost of living area.

What is the total number of Production Occupations jobs in the area?

There are approximately 15,700 individuals employed in Production Occupations within the Lafayette-West Lafayette, IN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,700 employees in the Lafayette-West Lafayette, IN area with a job density of 153.867 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.