SalaryNode

Average All Occupations Salary in Rockford, IL

In Rockford, IL, the average annual salary for All Occupations stands at $59,130. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demand play a significant role in compensation levels within the region. Understanding these localized pay scales is crucial for career planning and financial management.

Executive Summary

  • Average Salary: $59,130 per year.
  • Growth Trend: Salaries have shifted 19.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $99,500.
  • Outlook: Rockford, IL boasts a substantial total local workforce of 139,310 individuals. With a jobs-per-1,000-workers ratio of 1000 and a location quotient of 1, the job market indicates a stable and nationally aligned presence for All Occupations, suggesting consistent demand that mirrors the broader economic landscape.
2024 Market Data

Salary Overview

$59,130

The average All Occupations in Rockford, IL earns-11.9%below the national average.

BreakdownBased on 40h/week
Hourly

$28.4

Weekly

$1,137

Monthly

$4,928

All Occupations Salary Distribution in Rockford, IL

Salary progression in All Occupations typically scales with experience, moving from entry-level positions to senior roles. While specific percentile data for Rockford is unavailable, the widening gap between lower and higher salary percentiles generally signifies significant career advancement opportunities and increased earning potential for seasoned professionals.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$29,880$14.4
ExperiencedProficient professional working independently.25% (Junior)$44,348$21.3
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,970$22.1
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$73,913$35.5
Top TierIndustry leader / Executive level compensation.90% (Expert)$99,500$47.8

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$59,130

Gross Pay

Real Wage (Purchasing Power)

$59,130

Adjusted for COL (100)

The nominal average annual salary of $59,130 in Rockford, IL aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that, on average, the purchasing power of a Rockford resident's salary is equivalent to that of a national average consumer.

Job Market Context

139,310

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Rockford, IL 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 Rockford, IL indicates that the concentration of these jobs in the local area is precisely at the national average. This suggests a balanced job market where demand and supply for these roles are neither exceptionally high nor low compared to the rest of the country.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Rockford, IL

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Rockford, IL?

The median annual salary for a All Occupations in Rockford, IL is $59,130. This typically ranges from $29,880 for entry-level positions to $99,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rockford, IL is 11.9% lower than the national median of $67,140.

Is Rockford, IL a lucrative place for All Occupationss?

No, not significantly above the national average.The average salary of $59,130 is below the national average of $67,140, although the cost of living is on par with the national average.

Is Rockford, IL a good place to live for All Occupations?

The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rockford, IL?

Some top paying nearby cities include Janesville-Beloit, WI ($60,360) and Madison, WI.

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

The average annual salary for All Occupations in Rockford, IL is $59,130, which is less than the national average of $67,140.

What is the Cost of Living in Rockford, IL?

Rockford, IL has a Cost of Living Index of 100, which is exactly the national average, meaning it is neither more nor less expensive to live there than the typical U.S. city.

How large is the workforce in Rockford, IL for All Occupations?

Rockford, IL has a total local workforce of 139,310, with 1000 jobs per 1,000 workers in the All Occupations category.

Is there a high concentration of All Occupations jobs in Rockford, IL?

The Location Quotient for All Occupations in Rockford, IL is 1, indicating that the concentration of these jobs is the same as 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 139,310 employees in the Rockford, IL area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.