SalaryNode

Average Bakers Salary in Chicago-Naperville-Elgin, IL-IN

Bakers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an average annual salary of $38,640. This figure is notably higher than the national average of $37,640, suggesting that the local market offers a slight premium for these skilled professionals. Factors such as the region's economic activity and demand for baked goods likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $38,640 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $47,000.
  • Outlook: With a substantial local workforce of 8,780 Bakers and a Location Quotient of 1.31, the Chicago-Naperville-Elgin area demonstrates a significant concentration of these roles compared to the national average. This indicates a robust and established job market for Bakers, suggesting consistent demand and opportunities within the region.
2024 Market Data

Salary Overview

$38,640

The average Bakers in Chicago-Naperville-Elgin, IL-IN earns+2.7%above the national average.

BreakdownBased on 40h/week
Hourly

$18.6

Weekly

$743

Monthly

$3,220

Bakers Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Career progression for Bakers typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while senior Bakers with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings reflect this clear path for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$30,990$14.9
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$28,980$13.9
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$36,970$17.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$48,300$23.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$47,000$22.6

Detailed Bakers Market Analysis

Relocation Context

Nominal Salary

$38,640

Gross Pay

Real Wage (Purchasing Power)

$38,640

Adjusted for COL (100)

The average annual salary of $38,640 for Bakers in Chicago-Naperville-Elgin aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by Bakers in this region holds its purchasing power directly in line with the national average, offering no significant advantage or disadvantage in terms of real income.

Job Market Context

8,780

Total Jobs

1.963

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Bakers roles compared to the national norm.

The Location Quotient of 1.31 for Bakers in Chicago-Naperville-Elgin signifies a higher concentration of these jobs than the national average. This suggests that the job market is more robust and potentially more competitive, with a greater availability of opportunities relative to the general workforce compared to other regions.

Nearby Job Markets

Nearby Cities for Bakers

CitySalaryDist.
Michigan City-La Porte, IN Bakers Salary$38,680 0%41 mi
Kenosha, WI Bakers Salary$37,340 3%51 mi
Racine-Mount Pleasant, WI Bakers Salary$35,510 8%59 mi
Niles, MI Bakers Salary$33,790 13%71 mi

Comparing salaries near Chicago-Naperville-Elgin, IL-IN

Hiring Bakerss?

Frequently Asked Questions

How much does a Bakers make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Bakers in Chicago-Naperville-Elgin, IL-IN is $38,640. This typically ranges from $30,990 for entry-level positions to $47,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 2.7% higher than the national median of $37,640.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Bakerss?

Yes, slightly more lucrative than the national average.Bakers in this region earn $1,000 more annually than the national average, and the cost of living is on par with the national average, indicating a slightly better financial standing.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Bakers?

The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?

Some top paying nearby cities include Michigan City-La Porte, IN ($38,680) and Kenosha, WI.

What is the average salary for a Baker in Chicago-Naperville-Elgin, IL-IN?

The average annual salary for Bakers in the Chicago-Naperville-Elgin, IL-IN metropolitan area is $38,640.

How does the Chicago Baker salary compare to the national average?

Bakers in Chicago-Naperville-Elgin, IL-IN earn approximately $1,000 more per year on average than the national average salary for Bakers.

Is the job market for Bakers strong in Chicago-Naperville-Elgin, IL-IN?

Yes, the market is strong, indicated by a Location Quotient of 1.31, meaning there is a higher concentration of Baker jobs than the national average.

What is the cost of living in Chicago-Naperville-Elgin, IL-IN compared to the national average?

The cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average, with a Cost of Living Index of 100.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,780 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 1.963 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.