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Average Education Administrators, Postsecondary Salary in West Central Illinois nonmetropolitan area

In the West Central Illinois nonmetropolitan area, Education Administrators, Postsecondary earn an average annual salary of $91,690. This figure is notably below the national average of $120,180, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as local institutional funding, regional economic conditions, and the overall cost of doing business in nonmetropolitan settings contribute to this salary differential.

Executive Summary

  • Average Salary: $91,690 per year.
  • Growth Trend: Salaries have shifted 20.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $151,490.
  • Outlook: The job market for Education Administrators, Postsecondary in West Central Illinois appears stable, with a total local workforce of 230 individuals. The location quotient of 1.17 suggests a slightly higher concentration of these roles compared to the national average, indicating a consistent, albeit not overwhelmingly robust, demand within the region. The presence of 1.338 jobs per 1,000 workers further solidifies this outlook, pointing to a steady employment environment for professionals in this field.
2024 Market Data

Salary Overview

$91,690

The average Education Administrators, Postsecondary in West Central Illinois nonmetropolitan area earns-23.7%below the national average.

BreakdownBased on 40h/week
Hourly

$44.1

Weekly

$1,763

Monthly

$7,641

Education Administrators, Postsecondary Salary Distribution in West Central Illinois nonmetropolitan area

Career progression for Education Administrators, Postsecondary typically involves a significant salary increase with experience. Entry-level positions might start at the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$51,140$24.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,768$33.1
ManagerOversees team, compliance, and project delivery.50% (Median)$78,620$37.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$114,613$55.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$151,490$72.8

Detailed Education Administrators, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$91,690

Gross Pay

Real Wage (Purchasing Power)

$91,690

Adjusted for COL (100)

The nominal average salary of $91,690 in West Central Illinois nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary in this region is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.

Job Market Context

230

Total Jobs

1.338

Per 1K Jobs

1.17

Location Quotient

Above Average

With a location quotient of 1.17, West Central Illinois nonmetropolitan area has a slightly higher-than-average concentration of Education Administrators, Postsecondary roles compared to the national norm.

With a location quotient of 1.17, West Central Illinois nonmetropolitan area shows a slightly higher concentration of Education Administrators, Postsecondary compared to the national average. This suggests that while the roles are present and slightly more prevalent than elsewhere, the market is not saturated, indicating a potentially competitive but accessible environment for qualified candidates seeking employment in this sector.

Nearby Job Markets

Nearby Cities for Education Administrators, Postsecondary

Comparing salaries near West Central Illinois nonmetropolitan area

Hiring Education Administrators, Postsecondarys?

Frequently Asked Questions

How much does a Education Administrators, Postsecondary make in West Central Illinois nonmetropolitan area?

The median annual salary for a Education Administrators, Postsecondary in West Central Illinois nonmetropolitan area is $91,690. This typically ranges from $51,140 for entry-level positions to $151,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Central Illinois nonmetropolitan area is 23.7% lower than the national median of $120,180.

Is West Central Illinois nonmetropolitan area a lucrative place for Education Administrators, Postsecondarys?

No, not compared to the national average.While the average salary of $91,690 is substantial, it falls below the national average of $120,180. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is West Central Illinois nonmetropolitan area a good place to live for Education Administrators, Postsecondarys?

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

Where are the highest paying cities near West Central Illinois nonmetropolitan area?

Some top paying nearby cities include Peoria, IL ($111,020) and others.

How does the local workforce size affect job prospects?

A local workforce of 230 indicates a focused, but not extensive, pool of professionals. This suggests that while opportunities exist, the market is relatively specialized.

What does a Location Quotient of 1.17 mean for job seekers?

A location quotient above 1.0 signifies a higher concentration of this profession in the area compared to the national average, implying a steady demand for these roles.

How does the Cost of Living Index impact salary perception?

With a Cost of Living Index of 100, the $91,690 salary offers purchasing power equivalent to the national average, suggesting a stable financial environment for residents.

What is the significance of 1.338 jobs per 1,000 workers?

This metric indicates that for every 1,000 workers in the region, approximately 1.338 are employed as Education Administrators, Postsecondary, reflecting the prevalence of these positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the West Central Illinois nonmetropolitan area area with a job density of 1.338 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.