Average Construction and Extraction Occupations Salary in Peoria, IL
In Peoria, IL, professionals in Construction and Extraction Occupations earn an impressive average annual salary of $74,920. This figure significantly surpasses the national average of $64,030, indicating a strong local demand and potentially higher value placed on these skilled roles within the region. The specific economic drivers and industry needs of Peoria contribute to this elevated compensation.
Executive Summary
- Average Salary: $74,920 per year.
- Growth Trend: Salaries have shifted 20.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $105,220.
- Outlook: Peoria boasts a substantial local workforce of 6,430 individuals in Construction and Extraction Occupations. With a Location Quotient of 0.94, the concentration of these jobs is nearly on par with the national average, suggesting a stable and robust job market. The presence of nearly 39 jobs per 1,000 workers further underscores the consistent demand for skilled labor in this sector within the Peoria area.
Salary Overview
The average Construction and Extraction Occupations in Peoria, IL earns+17.0%above the national average.
$36
$1,441
$6,243
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Construction and Extraction Occupations in Peoria have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increased construction activity, and demand for skilled trades likely contribute to an upward trajectory in average earnings for these roles.
Construction and Extraction Occupations Salary Distribution in Peoria, IL
Salary progression within Construction and Extraction Occupations in Peoria is strongly tied to experience and specialization. Entry-level positions typically offer a lower starting wage, while seasoned professionals with specialized skills and supervisory experience can command significantly higher salaries. The widening pay gap between the lower and upper percentiles clearly signifies substantial career advancement opportunities and increased earning potential as one climbs the career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,120 | $19.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $56,190 | $27 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $76,260 | $36.7 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $93,650 | $45 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $105,220 | $50.6 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$74,920
Gross Pay
Real Wage (Purchasing Power)
$74,920
Adjusted for COL (100)
The average annual salary of $74,920 in Peoria aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Construction and Extraction professional's income in Peoria is equivalent to the national average. While the salary is higher than the national average, the cost of living does not present a disadvantage, making the nominal salary quite competitive in real terms.
Job Market Context
6,430
Total Jobs
38.896
Per 1K Jobs
0.94
Location Quotient
Peoria, IL has 0.94x the national average concentration of Construction and Extraction 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 0.94, the job market for Construction and Extraction Occupations in Peoria is highly representative of the national landscape. This indicates that the industry is neither significantly over-represented nor under-represented in the local economy compared to the rest of the country. The market is competitive, with a steady availability of roles that closely mirrors national employment patterns.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
Comparing salaries near Peoria, IL
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Peoria, IL?
The median annual salary for a Construction and Extraction Occupations in Peoria, IL is $74,920. This typically ranges from $40,120 for entry-level positions to $105,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 17.0% higher than the national median of $64,030.
Is Peoria, IL a lucrative place for Construction and Extraction Occupationss?
Yes, Peoria, IL offers a lucrative environment for Construction and Extraction Occupations.The average annual salary of $74,920 is notably higher than the national average, and the cost of living is exactly at the national average, enhancing the real value of this income.
Is Peoria, IL a good place to live for Construction and Extraction 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 ($72,290) and West Central Illinois nonmetropolitan area.
How does Peoria's Construction and Extraction salary compare to the national average?
Professionals in Construction and Extraction Occupations in Peoria earn an average of $74,920 annually, which is over $10,000 more than the national average of $64,030.
What is the concentration of Construction and Extraction jobs in Peoria?
Peoria has a concentration of Construction and Extraction jobs (Location Quotient of 0.94) that is very close to the national average, indicating a balanced presence of these roles in the local job market.
Does the cost of living in Peoria affect the value of the salary?
No, the cost of living in Peoria is exactly at the national average (Index of 100), meaning the higher-than-average salary of $74,920 provides purchasing power equivalent to the national standard.
How many Construction and Extraction jobs are there per 1,000 workers in Peoria?
There are approximately 38.9 jobs per 1,000 workers in Construction and Extraction Occupations in Peoria, reflecting a solid presence of this industry.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,430 employees in the Peoria, IL area with a job density of 38.896 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Peoria, IL