SalaryNode

Average All Occupations Salary in Illinois

The average annual salary for All Occupations in Illinois stands at a robust $69,020, surpassing the national average of $67,140. This favorable compensation is influenced by Illinois's dynamic economic landscape and its significant contribution to the national workforce, creating a strong demand for skilled professionals across various sectors.

Executive Summary

  • Average Salary: $69,020 per year.
  • Growth Trend: Salaries have shifted 18.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $124,560.
  • Outlook: Illinois boasts a substantial workforce of 6,065,230 individuals, with All Occupations representing a significant portion. The location quotient of 1 indicates that the concentration of these roles in Illinois is on par with the national average, suggesting a stable and consistent demand that aligns with the overall U.S. job market.
2024 Market Data

Salary Overview

$69,020

The average All Occupations in Illinois earns+2.8%above the national average.

BreakdownBased on 40h/week
Hourly

$33.2

Weekly

$1,327

Monthly

$5,752

All Occupations Salary Distribution in Illinois

Salary progression for All Occupations in Illinois typically scales with experience. Entry-level positions may start closer to the lower percentiles, while senior roles command salaries in the higher percentiles. The widening gap between these percentiles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$31,030$14.9
ExperiencedProficient professional working independently.25% (Junior)$51,765$24.9
Mid-LevelEstablished expert. Standard market value.50% (Median)$50,000$24
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$86,275$41.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$124,560$59.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$69,020

Gross Pay

Real Wage (Purchasing Power)

$75,185

Adjusted for COL (91.8)

With an average annual salary of $69,020 and a cost of living index of 91.8 (meaning it's 8.2% cheaper than the national average), Illinois offers a strong purchasing power for its residents. This means the nominal salary translates into a higher real income, allowing for a comfortable lifestyle.

Job Market Context

6,065,230

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

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

A location quotient of 1 for All Occupations in Illinois signifies that the state's employment concentration for these roles is precisely at the national average. This suggests a balanced job market where demand and supply are in equilibrium, neither overly saturated nor experiencing a significant shortage.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Illinois

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Illinois?

The median annual salary for a All Occupations in Illinois is $69,020. This typically ranges from $31,030 for entry-level positions to $124,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 2.8% higher than the national median of $67,140.

Is Illinois a lucrative place for All Occupationss?

Yes, Illinois offers a lucrative environment for All Occupations.The average salary of $69,020 exceeds the national average, and the cost of living is below the national average, enhancing purchasing power.

Is Illinois a good place to live for All Occupations?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

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

How does Illinois's average salary compare to the national average?

The average annual salary for All Occupations in Illinois is $69,020, which is higher than the national average of $67,140.

What is the cost of living in Illinois compared to the rest of the U.S.?

Illinois has a cost of living index of 91.8, which is 8.2% lower than the national average of 100.

How concentrated are All Occupations jobs in Illinois?

The location quotient for All Occupations in Illinois is 1, indicating that the concentration of these jobs is the same as the national average.

How many people are employed in All Occupations in Illinois?

Illinois has a total local workforce of 6,065,230, and the number of jobs per 1,000 workers for All Occupations is 1000, aligning with the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,065,230 employees in the Illinois area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.