SalaryNode

Average Computer and Mathematical Occupations Salary in Peoria, IL

In Peoria, IL, professionals in Computer and Mathematical Occupations earn an average annual salary of $92,390. This figure is notably below the national average of $119,220, suggesting that local market dynamics and potentially a different industry focus influence compensation within the region. Factors such as the specific types of tech roles prevalent and the demand from local industries likely contribute to this salary differential.

Executive Summary

  • Average Salary: $92,390 per year.
  • Growth Trend: Salaries have shifted 3.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $146,430.
  • Outlook: The Computer and Mathematical Occupations sector in Peoria, IL, comprises a workforce of 2,830 individuals. With a Location Quotient of 0.51, the concentration of these roles is below the national average, indicating a less saturated market compared to national trends. While the absolute number of jobs per 1,000 workers (17.136) suggests a moderate presence, the lower concentration implies that opportunities might be more specialized or less abundant than in highly concentrated tech hubs.
2024 Market Data

Salary Overview

$92,390

The average Computer and Mathematical Occupations in Peoria, IL earns-22.5%below the national average.

BreakdownBased on 40h/week
Hourly

$44.4

Weekly

$1,777

Monthly

$7,699

Computer and Mathematical Occupations Salary Distribution in Peoria, IL

Salary progression within Computer and Mathematical Occupations in Peoria, IL, typically scales significantly with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior roles, demanding extensive expertise and leadership, command substantially higher salaries. The percentile gaps between junior and senior roles highlight the substantial career growth and earning potential available as professionals advance their careers and acquire specialized skills.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$46,860$22.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$69,293$33.3
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$86,990$41.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$115,488$55.5
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$146,430$70.4

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$92,390

Gross Pay

Real Wage (Purchasing Power)

$92,390

Adjusted for COL (100)

The average annual salary of $92,390 in Peoria, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial environment for professionals in Computer and Mathematical Occupations without the added financial strain of a higher cost of living.

Job Market Context

2,830

Total Jobs

17.136

Per 1K Jobs

0.51

Location Quotient

Below Average

Peoria, IL has 0.51x 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.

With a Location Quotient of 0.51, the Computer and Mathematical Occupations market in Peoria, IL, is less concentrated than the national average. This suggests that while the field is present, it is not a dominant sector in terms of workforce concentration. Consequently, job seekers might find fewer specialized roles compared to national tech hubs, but this could also translate to less intense competition for available positions.

Nearby Job Markets

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Peoria, IL?

The median annual salary for a Computer and Mathematical Occupations in Peoria, IL is $92,390. This typically ranges from $46,860 for entry-level positions to $146,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 22.5% lower than the national median of $119,220.

Is Peoria, IL a lucrative place for Computer and Mathematical Occupationss?

No, not compared to the national average.While the cost of living is average, the average salary of $92,390 for Computer and Mathematical Occupations is significantly lower than the national average of $119,220.

Is Peoria, IL a good place to live for Computer and Mathematical Occupations?

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 ($111,150) and West Central Illinois nonmetropolitan area.

How does Peoria's Computer and Mathematical Occupations salary compare to the national average?

The average salary in Peoria, IL, is $92,390, which is considerably lower than the national average of $119,220 for Computer and Mathematical Occupations.

What is the concentration of Computer and Mathematical Occupations in Peoria, IL?

The concentration, measured by the Location Quotient, is 0.51, indicating that these occupations are less prevalent in Peoria compared to the national average.

Does the cost of living in Peoria affect the perceived salary?

No, the cost of living in Peoria is exactly at the national average (100), meaning the $92,390 salary has the same purchasing power as the national average salary would in a national-average cost-of-living area.

What is the total workforce size for Computer and Mathematical Occupations in Peoria, IL?

There are 2,830 individuals employed in Computer and Mathematical Occupations in Peoria, IL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,830 employees in the Peoria, IL area with a job density of 17.136 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.