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Average Construction Managers Salary in Northwest Illinois nonmetropolitan area

Construction Managers in Northwest Illinois nonmetropolitan area earn an average annual salary of $111,600. This figure is slightly below the national average of $119,770, suggesting that while demand exists, regional economic factors and the specific needs of the local construction market influence compensation levels. The unique economic landscape of this nonmetropolitan region plays a key role in shaping these salary outcomes.

Executive Summary

  • Average Salary: $111,600 per year.
  • Growth Trend: Salaries have shifted 5.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $155,830.
  • Outlook: With a local workforce of 300 Construction Managers and a Location Quotient of 1.02, the job market in Northwest Illinois nonmetropolitan area indicates a stable and slightly above-average concentration of these professionals compared to the national landscape. This suggests a consistent demand for skilled construction management, reflecting ongoing development and infrastructure projects within the region.
2024 Market Data

Salary Overview

$111,600

The average Construction Managers in Northwest Illinois nonmetropolitan area earns-6.8%below the national average.

BreakdownBased on 40h/week
Hourly

$53.7

Weekly

$2,146

Monthly

$9,300

Construction Managers Salary Distribution in Northwest Illinois nonmetropolitan area

Salary progression for Construction Managers in Northwest Illinois nonmetropolitan area typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive project portfolios and leadership capabilities can command salaries in the upper percentiles. These percentile gaps clearly signify the career progression and increased earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,550$30.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$83,700$40.2
ManagerOversees team, compliance, and project delivery.50% (Median)$100,470$48.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$139,500$67.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$155,830$74.9

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$111,600

Gross Pay

Real Wage (Purchasing Power)

$111,600

Adjusted for COL (100)

The average annual salary of $111,600 in Northwest Illinois nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Construction Manager's salary in this region is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

300

Total Jobs

2.299

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Northwest Illinois nonmetropolitan area has a slightly higher-than-average concentration of Construction Managers roles compared to the national norm.

The Location Quotient of 1.02 for Construction Managers in Northwest Illinois nonmetropolitan area signifies a job market that is very close to the national average in terms of concentration. This suggests a balanced market where the number of construction management roles is neither excessively scarce nor overly saturated, indicating a healthy level of competition and opportunity for qualified professionals.

Nearby Job Markets

Nearby Cities for Construction Managers

Comparing salaries near Northwest Illinois nonmetropolitan area

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Northwest Illinois nonmetropolitan area?

The median annual salary for a Construction Managers in Northwest Illinois nonmetropolitan area is $111,600. This typically ranges from $63,550 for entry-level positions to $155,830 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Illinois nonmetropolitan area is 6.8% lower than the national median of $119,770.

Is Northwest Illinois nonmetropolitan area a lucrative place for Construction Managerss?

Yes, it offers competitive compensation relative to the cost of living.Construction Managers in this area earn $111,600 annually, which aligns with the national average cost of living. This indicates a strong earning potential without the financial strain of higher living expenses.

Is Northwest Illinois nonmetropolitan area a good place to live for Construction Managers?

The Cost of Living Index in Northwest Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($96,250) and Decatur, IL.

How does the local workforce size affect job opportunities?

A local workforce of 300 suggests a moderate-sized market, indicating consistent opportunities without extreme competition, especially given the slightly above-average concentration.

What is the significance of the Location Quotient (LQ) being 1.02?

An LQ of 1.02 means that Construction Managers are slightly more concentrated in Northwest Illinois nonmetropolitan area than the national average, implying a steady demand for their skills.

How does the salary compare to the national average?

The average salary of $111,600 is slightly lower than the national average of $119,770, but this difference is often offset by the local cost of living.

Is Northwest Illinois nonmetropolitan area a good place for career growth in construction management?

Yes, the stable market concentration and the potential for salary increases with experience suggest good prospects for career advancement and earning potential.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Northwest Illinois nonmetropolitan area area with a job density of 2.299 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.