Average Agents and Business Managers of Artists, Performers, and Athletes Salary in Illinois
Agents and Business Managers of Artists, Performers, and Athletes in Illinois earn an average annual salary of $96,130. This figure is notably lower than the national average of $165,620, suggesting that regional economic factors and industry concentration play a significant role in compensation within the state.
Executive Summary
- Average Salary: $96,130 per year.
- Growth Trend: Salaries have shifted 2.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $162,960.
- Outlook: With a total local workforce of 280 individuals in this specialized field, the Illinois market for Agents and Business Managers of Artists, Performers, and Athletes appears to be moderately sized. The location quotient of 0.5 indicates a lower concentration of these professionals compared to the national average, suggesting a potentially less saturated but also less robust demand within the state.
Salary Overview
The average Agents and Business Managers of Artists, Performers, and Athletes in Illinois earns-42.0%below the national average.
$46.2
$1,849
$8,011
Agents and Business Managers of Artists, Performers, and Athletes Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for specialized roles like Agents and Business Managers of Artists, Performers, and Athletes have experienced steady growth over the past four years, mirroring broader economic trends and increasing demand for skilled professionals in talent management.
Agents and Business Managers of Artists, Performers, and Athletes Salary Distribution in Illinois
Salary progression for Agents and Business Managers of Artists, Performers, and Athletes typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with a proven track record and extensive networks can command salaries well above the average, reaching into the upper percentiles and reflecting substantial career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $50,260 | $24.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $72,098 | $34.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $72,490 | $34.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $120,163 | $57.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $162,960 | $78.3 |
Detailed Agents and Business Managers of Artists, Performers, and Athletes Market Analysis
Relocation Context
Nominal Salary
$96,130
Gross Pay
Real Wage (Purchasing Power)
$104,717
Adjusted for COL (91.8)
The nominal average salary of $96,130 in Illinois presents a favorable financial picture when considered against the state's Cost of Living Index of 91.8. This index, being below the national average of 100, suggests that the purchasing power of an agent's salary in Illinois is relatively strong, potentially allowing for a higher standard of living compared to more expensive regions.
Job Market Context
280
Total Jobs
0.046
Per 1K Jobs
0.5
Location Quotient
Illinois has 0.50x the national average concentration of Agents and Business Managers of Artists, Performers, and Athletes jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A location quotient of 0.5 for Agents and Business Managers of Artists, Performers, and Athletes in Illinois signifies that this profession is less concentrated in the state than the national average. This suggests that while the overall number of jobs might be lower, there may be fewer professionals competing for available opportunities, potentially creating a niche market for skilled individuals.
Nearby Job Markets
Hiring Agents and Business Managers of Artists, Performers, and Athletess?
Frequently Asked Questions
How much does a Agents and Business Managers of Artists, Performers, and Athletes make in Illinois?
The median annual salary for a Agents and Business Managers of Artists, Performers, and Athletes in Illinois is $96,130. This typically ranges from $50,260 for entry-level positions to $162,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Illinois is 42.0% lower than the national median of $165,620.
Is Illinois a lucrative place for Agents and Business Managers of Artists, Performers, and Athletes?
No, not compared to the national average.While the cost of living is lower, the average salary of $96,130 is significantly less than the national average of $165,620, indicating less lucrative compensation in Illinois for this role.
Is Illinois a good place to live for Agents and Business Managers of Artists, Performers, and Athletes?
With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.
How does the number of jobs per 1,000 workers compare nationally?
With 0.046 jobs per 1,000 workers, Illinois has a lower density of Agents and Business Managers of Artists, Performers, and Athletes compared to the national average, reflecting the state's lower location quotient.
What is the significance of the 0.5 Location Quotient?
A Location Quotient of 0.5 means that the concentration of Agents and Business Managers of Artists, Performers, and Athletes in Illinois is half that of the national average, indicating a less specialized workforce in this sector within the state.
How does the cost of living in Illinois affect salary perception?
With a Cost of Living Index of 91.8, Illinois is more affordable than the national average. This means the $96,130 salary can provide a higher standard of living than the same nominal salary in a more expensive state.
What is the total number of professionals in this field in Illinois?
There are approximately 280 Agents and Business Managers of Artists, Performers, and Athletes employed in Illinois, representing a smaller segment of the state's overall workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Illinois area with a job density of 0.046 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Agents and Business Managers of Artists, Performers, and Athletes • Data source: BLS OEWS 2024 •Jobs in Illinois