Average Production Occupations Salary in Traverse City, MI
In Traverse City, MI, professionals in Production Occupations can expect an average annual salary of $46,560. This figure is slightly below the national average of $49,710, a common occurrence in markets where local economic factors and industry concentration influence compensation. The specific dynamics of Traverse City's manufacturing and production sectors play a key role in shaping this salary landscape.
Executive Summary
- Average Salary: $46,560 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $63,020.
- Outlook: Traverse City hosts a significant local workforce of 3,950 individuals in Production Occupations, with a location quotient of 1.04 indicating a presence that is slightly more concentrated than the national average. This suggests a stable and established demand for these roles within the region, reflecting a healthy job market that supports a consistent need for skilled production talent.
Salary Overview
The average Production Occupations in Traverse City, MI earns-6.3%below the national average.
$22.4
$895
$3,880
Production Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Production Occupations in Traverse City have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for manufactured goods, and advancements in production technology typically drive upward salary adjustments in this sector.
Production Occupations Salary Distribution in Traverse City, MI
Career progression in Production Occupations within Traverse City typically sees a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring specialized skills and leadership, command higher compensation. The percentile gaps in salary distribution underscore the significant earning potential available as professionals advance through their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $31,060 | $14.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $34,920 | $16.8 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $44,970 | $21.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $58,200 | $28 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $63,020 | $30.3 |
Detailed Production Occupations Market Analysis
Relocation Context
Nominal Salary
$46,560
Gross Pay
Real Wage (Purchasing Power)
$46,560
Adjusted for COL (100)
The average annual salary of $46,560 in Traverse City aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of a Production Occupations salary in Traverse City is comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
3,950
Total Jobs
58.712
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Traverse City, MI has a slightly higher-than-average concentration of Production Occupations roles compared to the national norm.
With a Location Quotient of 1.04, Traverse City demonstrates a slightly higher concentration of Production Occupations compared to the national average. This suggests that the job market is robust and potentially offers more opportunities relative to the general workforce size than many other areas, indicating a competitive but accessible environment for those in this field.
Nearby Job Markets
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Frequently Asked Questions
How much does a Production Occupations make in Traverse City, MI?
The median annual salary for a Production Occupations in Traverse City, MI is $46,560. This typically ranges from $31,060 for entry-level positions to $63,020 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 6.3% lower than the national median of $49,710.
Is Traverse City, MI a lucrative place for Production Occupationss?
Yes, with a stable financial outlook.Traverse City offers a competitive average salary of $46,560, which is on par with the national cost of living. The slightly higher concentration of these jobs indicates a steady market demand.
Is Traverse City, MI a good place to live for Production Occupations?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
How does Traverse City's Production Occupations salary compare to the national average?
The average annual salary for Production Occupations in Traverse City is $46,560, which is slightly lower than the national average of $49,710.
What is the job market like for Production Occupations in Traverse City?
The job market is stable, with a total local workforce of 3,950 and a location quotient of 1.04, indicating a slightly higher concentration of these roles than the national average.
Does the cost of living in Traverse City affect the value of the salary?
No, the cost of living in Traverse City is at the national average (index of 100), meaning the $46,560 salary has purchasing power equivalent to the national average.
How much does experience impact salary for Production Occupations in Traverse City?
Experience significantly impacts salary, with entry-level positions earning less and senior roles commanding higher pay, reflecting typical career progression and skill development in the field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,950 employees in the Traverse City, MI area with a job density of 58.712 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Production Occupations • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI