SalaryNode

Average Business Teachers, Postsecondary Salary in Peoria, IL

The average salary for a Business Teachers, Postsecondary in Peoria, IL is $110,680. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $110,680 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $203,410.
  • Outlook: This role remains a specialized component of the broader Peoria, IL economy.
2024 Market Data

Salary Overview

$110,680

The average Business Teachers, Postsecondary in Peoria, IL earns+1.6%above the national average.

BreakdownBased on 40h/week
Hourly

$53.2

Weekly

$2,128

Monthly

$9,223

Business Teachers, Postsecondary Salary Distribution in Peoria, IL

The earning potential for Business Teachers, Postsecondarys in Peoria, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $50,590, while highly experienced professionals can command wages upwards of $203,410.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$50,590$24.3
Tenured / ProProfessional status. Curriculum development.25% (Junior)$83,010$39.9
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$80,530$38.7
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$138,350$66.5
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$203,410$97.8

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$110,680

Gross Pay

Real Wage (Purchasing Power)

$110,680

Adjusted for COL (100)

In Peoria, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $110,680 to $110,680.

Nearby Job Markets

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in Peoria, IL?

The median annual salary for a Business Teachers, Postsecondary in Peoria, IL is $110,680. This typically ranges from $50,590 for entry-level positions to $203,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 1.6% higher than the national median of $108,950.

Is Peoria, IL a good place for Business Teachers, Postsecondarys?

Yes, Peoria, IL is financially attractive for Business Teachers, Postsecondarys. The average salary of $110,680 exceeds the national average. See distinct detailed breakdown below.

Is Peoria, IL a good place to live for Business Teachers, Postsecondarys?

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 ($109,300) and West Central Illinois nonmetropolitan area.

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