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The average salary for an Inventory Management Specialist is approximately $56,032 per year, but this can vary widely by state and experience. For instance, states like California and New York typically offer higher salaries compared to others. In addition to geographic location, factors such as years of experience and industry can also significantly impact earnings.
Professionals with several years in the field often command salaries above the average, making ongoing education and skill development crucial. Employers are increasingly looking for candidates with proven abilities in supply chain optimization and inventory control systems. Here are some key insights:
By understanding these dynamics, job seekers can better navigate their career paths and negotiate salaries effectively.
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The average inventory management specialist salary in Maryland, Virginia, and Montana are the highest in the U.S. The lowest average inventory management specialist salary states are Tennessee, Nevada, and Louisiana.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Virginia | $68,897 | $33.12 |
| 2 | West Virginia | $64,197 | $30.86 |
| 3 | New York | $66,796 | $32.11 |
| 4 | Indiana | $63,580 | $30.57 |
| 5 | Michigan | $67,214 | $32.31 |
| 6 | South Dakota | $67,669 | $32.53 |
| 7 | Maryland | $69,799 | $33.56 |
| 8 | Vermont | $63,701 | $30.63 |
| 9 | Washington | $66,056 | $31.76 |
| 10 | Montana | $68,221 | $32.80 |
| 11 | Illinois | $61,413 | $29.53 |
| 12 | Iowa | $61,224 | $29.43 |
| 13 | Pennsylvania | $62,153 | $29.88 |
| 14 | North Carolina | $61,905 | $29.76 |
| 15 | California | $65,720 | $31.60 |
| 16 | Delaware | $60,395 | $29.04 |
| 17 | Oregon | $60,160 | $28.92 |
| 18 | Connecticut | $62,336 | $29.97 |
| 19 | Wyoming | $63,204 | $30.39 |
| 20 | Nebraska | $62,211 | $29.91 |
| 21 | New Jersey | $60,434 | $29.05 |
| 22 | Kentucky | $55,295 | $26.58 |
| 23 | Wisconsin | $58,876 | $28.31 |
| 24 | North Dakota | $52,692 | $25.33 |
| 25 | Rhode Island | $60,965 | $29.31 |
| 26 | Massachusetts | $59,920 | $28.81 |
| 27 | Ohio | $54,516 | $26.21 |
| 28 | District of Columbia | $66,385 | $31.92 |
| 29 | Missouri | $56,514 | $27.17 |
| 30 | New Hampshire | $57,118 | $27.46 |
| 31 | Colorado | $58,135 | $27.95 |
| 32 | Arizona | $51,951 | $24.98 |
| 33 | Arkansas | $50,747 | $24.40 |
| 34 | Kansas | $53,728 | $25.83 |
| 35 | Hawaii | $44,724 | $21.50 |
| 36 | South Carolina | $53,829 | $25.88 |
| 37 | Idaho | $53,776 | $25.85 |
| 38 | Alaska | $52,864 | $25.42 |
| 39 | Maine | $54,327 | $26.12 |
| 40 | Texas | $49,773 | $23.93 |
| 41 | Tennessee | $49,624 | $23.86 |
| 42 | Minnesota | $52,001 | $25.00 |
| 43 | Nevada | $49,167 | $23.64 |
| 44 | Oklahoma | $51,111 | $24.57 |
| 45 | Florida | $43,766 | $21.04 |
| 46 | Georgia | $50,340 | $24.20 |
| 47 | Alabama | $49,992 | $24.03 |
| 48 | Utah | $51,467 | $24.74 |
| 49 | Mississippi | $49,903 | $23.99 |
| 50 | New Mexico | $45,937 | $22.09 |
| 51 | Louisiana | $46,340 | $22.28 |
The highest-paying cities for inventory management specialists are Tracy, CA, Southfield, MI, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Tracy, CA | $70,370 | $33.83 |
| 2 | Southfield, MI | $67,299 | $32.36 |
| 3 | New York, NY | $66,899 | $32.16 |
| 4 | Washington, DC | $66,390 | $31.92 |
| 5 | Fort Wayne, IN | $65,373 | $31.43 |
| 6 | Durham, NC | $63,275 | $30.42 |
| 7 | Reading, PA | $62,251 | $29.93 |
| 8 | Chicago, IL | $61,753 | $29.69 |
| 9 | Billerica, MA | $59,554 | $28.63 |
| 10 | Denver, CO | $58,058 | $27.91 |
| 11 | Kansas City, MO | $56,469 | $27.15 |
| 12 | Cleveland, OH | $55,477 | $26.67 |
| 13 | Juneau, AK | $54,685 | $26.29 |
| 14 | Kansas City, KS | $54,451 | $26.18 |
| 15 | Saint Paul, MN | $52,083 | $25.04 |
| 16 | Salt Lake City, UT | $51,469 | $24.74 |
| 17 | Atlanta, GA | $50,566 | $24.31 |
| 18 | Irving, TX | $50,353 | $24.21 |
| 19 | Gainesville, FL | $44,456 | $21.37 |
An inventory management specialist's salary ranges from $38,000 a year at the 10th percentile to $81,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $81,000 | $6,750 | $39 |
| 75th Percentile | $68,000 | $5,667 | $33 |
| Average | $56,032 | $4,669 | $27 |
| 25th Percentile | $46,000 | $3,833 | $22 |
| 10th Percentile | $38,000 | $3,167 | $18 |
The highest paying types of inventory management specialists are supply chain vice president, director of supply chain management, and supply chain director.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Supply Chain Consultant | $88,400 | $7,367 | $42.50 | 42,265 |
| Supply Chain Vice President | $138,019 | $11,502 | $66.36 | 58,159 |
| Supply Chain Coordinator | $50,728 | $4,227 | $24.39 | 33,654 |
| Supply Chain Director | $129,438 | $10,786 | $62.23 | 37,396 |
| Supply Chain Lead | $101,348 | $8,446 | $48.73 | 34,069 |
| Supply Chain Manager | $100,414 | $8,368 | $48.28 | 37,773 |
Top companies hiring inventory management specialists now:
Inventory management specialist salaries at NVIDIA and Genentech are the highest-paying according to our most recent salary estimates. In addition, the average inventory management specialist salary at companies like McKinsey & Company Inc and BNY Mellon are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | NVIDIA | $114,262 | $54.93 |
| 2 | Genentech | $107,500 | $51.68 |
| 3 | McKinsey & Company Inc | $97,425 | $46.84 |
| 4 | BNY Mellon | $94,154 | $45.27 |
| 5 | Santander Bank | $93,867 | $45.13 |
| 6 | Altice USA | $92,392 | $44.42 |
| 7 | Medtronic | $91,557 | $44.02 |
| 8 | Accenture | $86,953 | $41.80 |
| 9 | CDM Smith | $84,830 | $40.78 |
| 10 | Point B | $83,198 | $40.00 |
| 11 | Thermo Fisher Scientific | $81,230 | $39.05 |
| 12 | PerkinElmer | $80,621 | $38.76 |
| 13 | U.S. Secret Service | $80,516 | $38.71 |
| 14 | Department of Homeland Security | $79,823 | $38.38 |
| 15 | ClientSolv | $76,258 | $36.66 |
| 16 | Tecsys | $75,671 | $36.38 |
| 17 | Deloitte | $74,111 | $35.63 |
| 18 | Cummins | $73,552 | $35.36 |
| 19 | L3Harris | $72,995 | $35.09 |
| 20 | Boston Dynamics | $72,888 | $35.04 |
The average inventory management specialist salary has risen by $6,898 over the last ten years. In 2014, the average inventory management specialist earned $49,134 annually, but today, they earn $56,032 a year. That works out to a 8% change in pay for inventory management specialists over the last decade.
Compare inventory management specialist salaries for cities or states with the national average over time.
Compare inventory management specialist salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $56,000 | $26.94 | +4.1% |
| 2025 | $53,700 | $25.84 | +1.3% |
| 2024 | $53,100 | $25.51 | +1.7% |
| 2023 | $52,100 | $25.06 | +0.6% |
| 2022 | $51,800 | $24.91 | +0.1% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Vetpride Services Inc. | Inventory Management Specialist IV | San Diego, CA | 06/29/2025 | $41,051 |
| Vetpride Services, Inc. | Inventory Management Specialist IV | San Diego, CA | 06/29/2025 | $41,051 |
| MSC Industrial Direct Co., Inc. | Vendor Managed Inventory Specialist | Columbus, OH | 06/28/2025 | $37,566 |
| MSC Industrial Direct Co., Inc. | Inventory Management Specialist | Marietta, GA | 06/28/2025 | $55,000 |
| Molex | Vendor Managed Inventory Specialist | Lisle, IL | 06/28/2025 | $60,000 |
| Department of Veterans Affairs | Inventory Management Specialist | Fargo, ND | 06/28/2025 | $61,111 |
| Department of Veterans Affairs | Inventory Management Specialist | Houston, TX | 06/28/2025 | $70,477 |
| Department of Veterans Affairs | Supervisory Inventory Management Specialist | Aurora, CO | 06/28/2025 | $82,440 |
| Department of Veterans Affairs | Supervisory Inventory Management Specialist | Saint Louis, MO | 06/28/2025 | $75,815 |
| Department of Veterans Affairs | Supervisory Inventory Management Specialist | Detroit, MI | 06/28/2025 | $81,556 |
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