SalaryNode

Average All Occupations Salary in East Central Illinois nonmetropolitan area

In the East Central Illinois nonmetropolitan area, the average annual salary for all occupations stands at $56,070. This figure is notably below the national average of $67,140, reflecting the economic dynamics and potentially lower demand for certain roles in non-metropolitan regions. Localized economic factors and industry concentrations often dictate these pay scales.

Executive Summary

  • Average Salary: $56,070 per year.
  • Growth Trend: Salaries have shifted 27.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $92,960.
  • Outlook: With a substantial local workforce of 143,620 individuals, the East Central Illinois nonmetropolitan area demonstrates a significant labor presence. The location quotient of 1.0 indicates that the concentration of jobs across all occupations is precisely at the national average, suggesting a stable but not exceptionally high demand relative to the size of the workforce.
2024 Market Data

Salary Overview

$56,070

The average All Occupations in East Central Illinois nonmetropolitan area earns-16.5%below the national average.

BreakdownBased on 40h/week
Hourly

$27

Weekly

$1,078

Monthly

$4,673

All Occupations Salary Distribution in East Central Illinois nonmetropolitan area

Salary progression in East Central Illinois nonmetropolitan area, like elsewhere, is typically tied to experience and skill level. Entry-level positions will naturally fall at the lower end of the pay scale, while senior and specialized roles command higher compensation. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and increased earning potential with accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$29,540$14.2
ExperiencedProficient professional working independently.25% (Junior)$42,053$20.2
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,440$21.8
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$70,088$33.7
Top TierIndustry leader / Executive level compensation.90% (Expert)$92,960$44.7

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$56,070

Gross Pay

Real Wage (Purchasing Power)

$56,070

Adjusted for COL (100)

The average annual salary of $56,070 in East Central Illinois nonmetropolitan area aligns perfectly with the national average cost of living, indicated by an index of 100. This means that, on average, the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

143,620

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, East Central Illinois nonmetropolitan area has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A location quotient of 1.0 for 'All Occupations' in East Central Illinois nonmetropolitan area signifies that the proportion of these jobs within the local economy is exactly in line with the national average. This suggests a balanced job market where the availability of diverse employment opportunities is neither exceptionally concentrated nor notably scarce compared to the rest of the country.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near East Central Illinois nonmetropolitan area

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in East Central Illinois nonmetropolitan area?

The median annual salary for a All Occupations in East Central Illinois nonmetropolitan area is $56,070. This typically ranges from $29,540 for entry-level positions to $92,960 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Central Illinois nonmetropolitan area is 16.5% lower than the national median of $67,140.

Is East Central Illinois nonmetropolitan area a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $56,070 is significantly lower than the national average of $67,140. This indicates that earning potential for 'All Occupations' is not as high in this region.

Is East Central Illinois nonmetropolitan area a good place to live for All Occupations?

The Cost of Living Index in East Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near East Central Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($68,600) and Decatur, IL.

How does the local salary compare to the national average?

The average annual salary in East Central Illinois nonmetropolitan area is $56,070, which is $11,070 less than the national average of $67,140.

What is the cost of living in East Central Illinois nonmetropolitan area?

The cost of living index for East Central Illinois nonmetropolitan area is 100, which is exactly the national average.

How large is the workforce in this region?

The total local workforce in the East Central Illinois nonmetropolitan area comprises 143,620 individuals.

What does a Location Quotient of 1.0 mean?

A Location Quotient of 1.0 indicates that the concentration of 'All Occupations' jobs in East Central Illinois nonmetropolitan area is the same as the national average, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 143,620 employees in the East Central Illinois nonmetropolitan area area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.