SalaryNode

Average Computer and Mathematical Occupations Salary in Chicago-Naperville-Elgin, IL-IN

In the Chicago-Naperville-Elgin, IL-IN metropolitan area, professionals in Computer and Mathematical Occupations earn an average annual salary of $108,320. This figure is slightly below the national average of $119,220, suggesting that while the region offers substantial compensation, local market dynamics and potentially a slightly lower cost of living compared to hyper-competitive tech hubs contribute to this differential. The robust presence of these roles indicates a significant demand within the local economy.

Executive Summary

  • Average Salary: $108,320 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $166,690.
  • Outlook: The Chicago-Naperville-Elgin area boasts a substantial workforce of 131,400 individuals within Computer and Mathematical Occupations. With a Location Quotient of 0.87, the concentration of these roles is just shy of the national average, indicating a well-established but not overly saturated market. This suggests a healthy and stable job market with consistent opportunities for skilled professionals.
2024 Market Data

Salary Overview

$108,320

The average Computer and Mathematical Occupations in Chicago-Naperville-Elgin, IL-IN earns-9.1%below the national average.

BreakdownBased on 40h/week
Hourly

$52.1

Weekly

$2,083

Monthly

$9,027

Computer and Mathematical Occupations Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Salary progression within Computer and Mathematical Occupations is strongly tied to experience and specialization. Entry-level positions typically start at the lower end of the pay scale, while senior roles, principal engineers, and specialized data scientists can command significantly higher salaries, often reaching well into the six figures. The percentile gaps in salary distribution clearly signify the career progression and increased earning potential available to those who advance their skills and tenure.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$52,400$25.2
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$81,240$39.1
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$102,410$49.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$135,400$65.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$166,690$80.1

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$108,320

Gross Pay

Real Wage (Purchasing Power)

$108,320

Adjusted for COL (100)

The average annual salary of $108,320 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial foundation for residents. While not offering a significant cost-of-living advantage, it ensures that the earned income effectively covers standard expenses without the premium often associated with higher-cost metropolitan areas.

Job Market Context

131,400

Total Jobs

29.37

Per 1K Jobs

0.87

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.87x the national average concentration of Computer and Mathematical Occupations 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 0.87 for Computer and Mathematical Occupations in Chicago-Naperville-Elgin, IL-IN indicates that the concentration of these jobs is slightly lower than the national average. This suggests that while the market is robust and offers ample opportunities, it may not be as intensely competitive as regions with a higher LQ. Professionals can expect a balanced job market with a good number of available positions relative to the workforce size.

Nearby Job Markets

Nearby Cities for Computer and Mathematical Occupations

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

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Computer and Mathematical Occupations in Chicago-Naperville-Elgin, IL-IN is $108,320. This typically ranges from $52,400 for entry-level positions to $166,690 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 9.1% lower than the national median of $119,220.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Computer and Mathematical Occupationss?

Yes, it offers competitive compensation.The average salary of $108,320 is substantial, and with a cost of living index matching the national average, your earnings hold strong purchasing power.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Computer and Mathematical Occupations?

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 ($79,910) and Kenosha, WI.

How does the Chicago-Naperville-Elgin salary compare to the national average?

The average salary of $108,320 in Chicago-Naperville-Elgin is slightly below the national average of $119,220 for Computer and Mathematical Occupations.

What is the job market like for Computer and Mathematical Occupations in this area?

The job market is robust, with a significant workforce and a concentration of roles just below the national average, indicating a healthy demand.

Does the cost of living affect the salary's value?

No, the local cost of living index is 100, matching the national average, so the $108,320 salary has equivalent purchasing power.

How many Computer and Mathematical Occupations jobs are there per 1,000 workers?

There are approximately 29.37 jobs per 1,000 workers in Computer and Mathematical Occupations within the Chicago-Naperville-Elgin, IL-IN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 131,400 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 29.37 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.