Average All Occupations Salary in Springfield, IL
In Springfield, IL, the average annual salary for All Occupations stands at $66,320, a figure slightly below the national average of $67,140. This marginal difference is often influenced by a combination of local economic factors, industry concentration, and the specific demand within the Springfield metropolitan area for these roles. The city's economic landscape shapes compensation for its substantial workforce.
Executive Summary
- Average Salary: $66,320 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,790.
- Outlook: Springfield, IL boasts a significant workforce of 102,720 individuals, indicating a robust local labor market. With a Location Quotient of 1.0 for All Occupations, the concentration of these roles aligns precisely with the national average, suggesting a stable and predictable demand. This equilibrium points to a healthy job market where opportunities are consistently available for professionals across various sectors.
Salary Overview
The average All Occupations in Springfield, IL earns-1.2%below the national average.
$31.9
$1,275
$5,527
All Occupations Salary Trends (2020-2024)
While specific historical data for All Occupations in Springfield, IL is not provided, it is reasonable to assume a general trend of salary growth over the past four years, mirroring national economic patterns. Factors such as inflation, evolving industry demands, and increased productivity typically drive modest annual increases in compensation for most occupations.
All Occupations Salary Distribution in Springfield, IL
Salary progression for All Occupations in Springfield, IL, like elsewhere, is strongly tied to experience and skill level. Entry-level positions typically fall within the lower percentiles, while senior or specialized roles command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement pathways and the increasing value placed on expertise and tenure.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $29,630 | $14.2 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $49,740 | $23.9 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $49,550 | $23.8 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $82,900 | $39.9 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $112,790 | $54.2 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$66,320
Gross Pay
Real Wage (Purchasing Power)
$66,320
Adjusted for COL (100)
The nominal average annual salary of $66,320 in Springfield, IL, is perfectly balanced by its Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the average salary in Springfield is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability for residents.
Job Market Context
102,720
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Springfield, IL 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 Springfield, IL, indicates that the proportion of these jobs within the local economy is exactly in line with the national average. This suggests that the job market for All Occupations is neither exceptionally concentrated nor scarce; it reflects a balanced presence and competitive landscape typical of many mid-sized American cities.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL All Occupations Salary | $63,120↓ 5% | 39 mi |
| West Central Illinois nonmetropolitan area All Occupations Salary | $55,230↓ 17% | 53 mi |
| East Central Illinois nonmetropolitan area All Occupations Salary | $56,070↓ 15% | 53 mi |
| Northwest Illinois nonmetropolitan area All Occupations Salary | $56,440↓ 15% | 53 mi |
| South Illinois nonmetropolitan area All Occupations Salary | $56,170↓ 15% | 53 mi |
Comparing salaries near Springfield, IL
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Springfield, IL?
The median annual salary for a All Occupations in Springfield, IL is $66,320. This typically ranges from $29,630 for entry-level positions to $112,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, IL is 1.2% lower than the national median of $67,140.
Is Springfield, IL a lucrative place for All Occupationss?
No, not significantly more lucrative than the national average.The average salary of $66,320 is slightly below the national average, and the cost of living is exactly at the national average, indicating standard earning potential and purchasing power.
Is Springfield, IL a good place to live for All Occupations?
The Cost of Living Index in Springfield, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, IL?
Some top paying nearby cities include Decatur, IL ($63,120) and West Central Illinois nonmetropolitan area.
How does the Springfield, IL salary compare to the national average?
The average annual salary for All Occupations in Springfield, IL is $66,320, which is slightly lower than the national average of $67,140.
What is the cost of living in Springfield, IL?
Springfield, IL has a Cost of Living Index of 100, which is exactly the same as the national average.
How large is the workforce in Springfield, IL?
Springfield, IL has a total local workforce of 102,720 individuals.
Is there high demand for All Occupations in Springfield, IL?
With a Location Quotient of 1.0, the concentration of All Occupations in Springfield, IL matches the national average, indicating a stable and typical level of demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 102,720 employees in the Springfield, IL area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Springfield, IL