SalaryNode

Average Education Administrators, Postsecondary Salary in Chicago-Naperville-Elgin, IL-IN

Education Administrators, Postsecondary professionals in the Chicago-Naperville-Elgin, IL-IN area earn an average annual salary of $107,020. This figure is slightly below the national average of $120,180, suggesting that while the demand is present, local market dynamics or specific institutional structures may influence compensation levels compared to the broader U.S. landscape.

Executive Summary

  • Average Salary: $107,020 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $162,820.
  • Outlook: With a local workforce of 6,340 individuals in this role, the Chicago-Naperville-Elgin metropolitan area demonstrates a significant concentration of postsecondary education administration talent. The Location Quotient of 1.24 indicates a higher-than-average presence of these professionals compared to the national distribution, signaling a robust and active job market for this specialized field within the region.
2024 Market Data

Salary Overview

$107,020

The average Education Administrators, Postsecondary in Chicago-Naperville-Elgin, IL-IN earns-11.0%below the national average.

BreakdownBased on 40h/week
Hourly

$51.5

Weekly

$2,058

Monthly

$8,918

Education Administrators, Postsecondary Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Career progression for Education Administrators, Postsecondary typically involves a substantial salary increase with experience. Entry-level positions may start considerably lower than the average, while senior leadership roles, such as deans or provosts, command significantly higher salaries. The widening gap between entry-level and senior-level compensation reflects the accumulation of expertise, responsibility, and strategic impact throughout a professional's career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$62,500$30
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$80,265$38.6
ManagerOversees team, compliance, and project delivery.50% (Median)$99,260$47.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$133,775$64.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$162,820$78.3

Detailed Education Administrators, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$107,020

Gross Pay

Real Wage (Purchasing Power)

$107,020

Adjusted for COL (100)

The average annual salary of $107,020 in Chicago-Naperville-Elgin aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is equivalent to the national average, indicating that while the nominal pay is slightly lower than the national average for the role, the cost of living does not diminish its real value significantly within this metropolitan area.

Job Market Context

6,340

Total Jobs

1.417

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Education Administrators, Postsecondary roles compared to the national norm.

The Location Quotient of 1.24 for Education Administrators, Postsecondary in Chicago-Naperville-Elgin signifies a notable concentration of these professionals, exceeding the national average. This suggests a competitive yet abundant job market, where opportunities are readily available, but employers also have access to a skilled talent pool, potentially leading to nuanced hiring dynamics.

Nearby Job Markets

Nearby Cities for Education Administrators, Postsecondary

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

Hiring Education Administrators, Postsecondarys?

Frequently Asked Questions

How much does a Education Administrators, Postsecondary make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Education Administrators, Postsecondary in Chicago-Naperville-Elgin, IL-IN is $107,020. This typically ranges from $62,500 for entry-level positions to $162,820 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 11.0% lower than the national median of $120,180.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Education Administrators, Postsecondarys?

Yes, it offers competitive compensation and a strong job market.The area boasts a significant concentration of these professionals with a Location Quotient of 1.24, and the average salary of $107,020 is well-supported by a Cost of Living Index matching the national average.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Education Administrators, Postsecondarys?

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 Kenosha, WI ($135,130) and others.

How does the Chicago salary compare to the national average?

The average salary for Education Administrators, Postsecondary in Chicago-Naperville-Elgin is $107,020, which is approximately 11% lower than the national average of $120,180.

What is the job concentration like in Chicago for this role?

Chicago-Naperville-Elgin has a higher concentration of Education Administrators, Postsecondary than the national average, indicated by a Location Quotient of 1.24.

Does the cost of living affect the salary in Chicago?

No, the Cost of Living Index in Chicago-Naperville-Elgin is 100, which is the national average, meaning the $107,020 salary has average purchasing power.

How many Education Administrators, Postsecondary work in the Chicago area?

There are approximately 6,340 Education Administrators, Postsecondary working within the Chicago-Naperville-Elgin metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,340 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 1.417 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.