Industrial Engineers Salary

It’s a stretch — at the median salary of $98K, rent takes 33.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,023/month. The 30% guideline puts the comfortable ceiling at roughly $1,800/month in rent — so roommates or a 1-bedroom would ease the math significantly.

The 10th-percentile wage — what new industrial engineers typically earn — is $74K/year. Take-home on that works out to about $4,722/month.

Pay here is roughly in line with the national average — $98K locally vs. $102K nationally, a 4% difference.

Southeast Minnesota nonmetropolitan area pays $98K median vs. the U.S. average of $102K — that’s -4%.

The median is $98,210 a year, that works out to about $47 an hour. But the range is wide: entry-level workers start around $73,730, and experienced industrial engineers can clear $131,390. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $6,019/month after taxes. A 2-bedroom here rents for about $2,023/month, which eats 33.6% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

Southeast Minnesota nonmetropolitan area has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median industrial engineers salary is worth about $98,210 in national-average purchasing power.

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.