Average Business Operations Specialists, All Other Salary in Peoria, IL
In Peoria, IL, Business Operations Specialists, All Other, earn an average annual salary of $74,510. This figure is notably below the national average of $92,000, suggesting that local market dynamics, such as industry demand and the overall economic landscape of the region, play a significant role in determining compensation for this role.
Executive Summary
- Average Salary: $74,510 per year.
- Growth Trend: Salaries have shifted 0.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $110,890.
- Outlook: With a local workforce of 940 individuals in this specialization and a Location Quotient of 0.78, the job market for Business Operations Specialists in Peoria indicates a presence that is slightly less concentrated than the national average. While not a major hub, the consistent presence of these roles suggests a stable, albeit not rapidly expanding, demand within the local economy.
Salary Overview
The average Business Operations Specialists, All Other in Peoria, IL earns-19.0%below the national average.
$35.8
$1,433
$6,209
Business Operations Specialists, All Other Salary Trends (2020-2024)
While specific historical data for this niche role in Peoria is not provided, it is reasonable to assume that, mirroring national trends, salaries for Business Operations Specialists have experienced steady growth over the past four years. This growth is typically driven by inflation, increasing demand for operational efficiency, and the evolving complexity of business functions.
Business Operations Specialists, All Other Salary Distribution in Peoria, IL
Compensation for Business Operations Specialists, All Other, in Peoria, IL, naturally scales with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive expertise and a proven track record can expect to earn significantly more, often reaching into the upper percentiles of the salary range. These percentile gaps are clear indicators of career progression and the value placed on accumulated knowledge and skills.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $43,610 | $21 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $55,883 | $26.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $73,110 | $35.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $93,138 | $44.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $110,890 | $53.3 |
Detailed Business Operations Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$74,510
Gross Pay
Real Wage (Purchasing Power)
$74,510
Adjusted for COL (100)
The nominal average salary of $74,510 in Peoria, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.
Job Market Context
940
Total Jobs
5.704
Per 1K Jobs
0.78
Location Quotient
Peoria, IL has 0.78x the national average concentration of Business Operations Specialists, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.78 for Business Operations Specialists, All Other, in Peoria, IL, signifies that this profession is slightly underrepresented compared to the national average. This suggests that while opportunities exist, the market is not saturated, potentially offering a competitive environment for skilled professionals seeking employment in this field.
Nearby Job Markets
Nearby Cities for Business Operations Specialists, All Other
Comparing salaries near Peoria, IL
Hiring Business Operations Specialists, All Others?
Frequently Asked Questions
How much does a Business Operations Specialists, All Other make in Peoria, IL?
The median annual salary for a Business Operations Specialists, All Other in Peoria, IL is $74,510. This typically ranges from $43,610 for entry-level positions to $110,890 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 19.0% lower than the national median of $92,000.
Is Peoria, IL a lucrative place for Business Operations Specialists, All Others?
No, not particularly lucrative compared to the national average.The average salary of $74,510 is significantly lower than the national average of $92,000. However, the cost of living is on par with the national average, meaning the salary's purchasing power is maintained locally.
Is Peoria, IL a good place to live for Business Operations Specialists, All Others?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($77,070) and West Central Illinois nonmetropolitan area.
How does the Peoria salary compare to the national average?
The average salary for Business Operations Specialists, All Other, in Peoria, IL, is $74,510, which is approximately 19% lower than the national average of $92,000.
What is the concentration of Business Operations Specialists in Peoria?
Peoria has a Location Quotient of 0.78 for this role, indicating that the concentration of these specialists is slightly below the national average.
How does the cost of living affect the salary in Peoria?
With a Cost of Living Index of 100, Peoria's cost of living is exactly at the national average. Therefore, the $74,510 salary has the same purchasing power as the national average salary.
What does the total workforce number suggest about job availability?
A local workforce of 940 Business Operations Specialists, All Other, suggests a moderate presence of this profession in Peoria, indicating a stable but not exceptionally large 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 940 employees in the Peoria, IL area with a job density of 5.704 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Business Operations Specialists, All Other Salaries by State
Top Jobs in Peoria, IL
- All Occupations Salary in Peoria, IL
- Office and Administrative Support Occupations Salary in Peoria, IL
- Production Occupations Salary in Peoria, IL
- Food Preparation and Serving Related Occupations Salary in Peoria, IL
- Transportation and Material Moving Occupations Salary in Peoria, IL
- Healthcare Practitioners and Technical Occupations Salary in Peoria, IL
- Sales and Related Occupations Salary in Peoria, IL
- Management Occupations Salary in Peoria, IL
- Educational Instruction and Library Occupations Salary in Peoria, IL
- Business and Financial Operations Occupations Salary in Peoria, IL
- Browse All Jobs in Peoria, IL →
Semantic Salary Analysis for Business Operations Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Peoria, IL