In the Chicago-Naperville-Elgin, IL-IN metropolitan area, Education and Childcare Administrators in preschool and daycare settings earn an average annual salary of $54,660. This figure is notably below the national average of $61,350, suggesting that local market dynamics and potentially other factors influence compensation for these vital roles. The specific economic landscape of this region shapes the earning potential for professionals in this field.
Executive Summary
- Average Salary: $54,660 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $74,810.
- Outlook: The Chicago-Naperville-Elgin, IL-IN area supports a local workforce of 2,960 Education and Childcare Administrators, Preschool and Daycare professionals. With a Location Quotient of 1.42, this indicates a concentration of these roles that is 42% higher than the national average. This elevated quotient suggests a robust demand and a significant presence of this industry within the local economy, pointing towards a stable job market for these administrators.
Salary Overview
The average Education and Childcare Administrators, Preschool and Daycare in Chicago-Naperville-Elgin, IL-IN earns-10.9%below the national average.
$26.3
$1,051
$4,555
Education and Childcare Administrators, Preschool and Daycare Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Education and Childcare Administrators in the Chicago-Naperville-Elgin, IL-IN area have experienced growth over the past four years, mirroring national trends. Factors such as inflation, increased demand for early childhood education, and evolving industry standards likely contribute to a gradual upward trajectory in compensation for experienced professionals in this sector.
Education and Childcare Administrators, Preschool and Daycare Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression for Education and Childcare Administrators in Chicago-Naperville-Elgin, IL-IN typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles of the salary range, while seasoned professionals with extensive experience and leadership responsibilities can command salaries in the upper percentiles. The gap between entry-level and senior roles highlights clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $40,990 | $19.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $40,995 | $19.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,470 | $22.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $68,325 | $32.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $74,810 | $36 |
Detailed Education and Childcare Administrators, Preschool and Daycare Market Analysis
Relocation Context
Nominal Salary
$54,660
Gross Pay
Real Wage (Purchasing Power)
$54,660
Adjusted for COL (100)
The average annual salary of $54,660 in the Chicago-Naperville-Elgin, IL-IN area aligns precisely with the national average cost of living, which is indexed at 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is comparable to the national standard. Therefore, relocating to this area for this role does not present an immediate disadvantage in terms of cost of living versus salary.
Job Market Context
2,960
Total Jobs
0.661
Per 1K Jobs
1.42
Location Quotient
With a location quotient of 1.42, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Education and Childcare Administrators, Preschool and Daycare roles compared to the national norm.
With a Location Quotient of 1.42, the Chicago-Naperville-Elgin, IL-IN metropolitan area demonstrates a higher concentration of Education and Childcare Administrators, Preschool and Daycare professionals compared to the national average. This suggests that the job market in this region is more specialized and potentially more competitive, with a greater number of employers seeking candidates with these specific skills. It indicates a strong local industry presence.
Nearby Job Markets
Nearby Cities for Education and Childcare Administrators, Preschool and Daycare
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Education and Childcare Administrators, Preschool and Daycare Salary | $50,680↓ 7% | 51 mi |
| Racine-Mount Pleasant, WI Education and Childcare Administrators, Preschool and Daycare Salary | $49,000↓ 10% | 59 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Education and Childcare Administrators, Preschool and Daycares?
Frequently Asked Questions
How much does a Education and Childcare Administrators, Preschool and Daycare make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Education and Childcare Administrators, Preschool and Daycare in Chicago-Naperville-Elgin, IL-IN is $54,660. This typically ranges from $40,990 for entry-level positions to $74,810 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 10.9% lower than the national median of $61,350.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Education and Childcare Administrators, Preschool and Daycares?
No, not more lucrative than the national average.The average salary of $54,660 is below the national average of $61,350, although the cost of living is at the national average. The higher concentration of jobs suggests strong local demand, but not necessarily higher pay.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Education and Childcare Administrators, Preschool and Daycares?
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 ($50,680) and Racine-Mount Pleasant, WI.
How does the Chicago-Naperville-Elgin, IL-IN salary compare to the national average?
The average annual salary for Education and Childcare Administrators, Preschool and Daycare in Chicago-Naperville-Elgin, IL-IN is $54,660, which is lower than the national average of $61,350.
What is the concentration of this job role in Chicago-Naperville-Elgin, IL-IN?
The Location Quotient for this role in Chicago-Naperville-Elgin, IL-IN is 1.42, indicating that the area has 42% more of these jobs per worker than the national average.
How does the cost of living affect the salary in Chicago-Naperville-Elgin, IL-IN?
The cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average (100), meaning the $54,660 salary has purchasing power equivalent to the national average.
What does the job market look like for these administrators in Chicago?
The job market appears robust with a higher-than-average concentration of these roles, suggesting consistent demand and a significant industry presence within the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,960 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.661 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Education and Childcare Administrators, Preschool and Daycare Salaries by State
Top Jobs in Chicago-Naperville-Elgin, IL-IN
- All Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Office and Administrative Support Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Transportation and Material Moving Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Management Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Sales and Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Food Preparation and Serving Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Business and Financial Operations Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Production Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Healthcare Practitioners and Technical Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Educational Instruction and Library Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Browse All Jobs in Chicago-Naperville-Elgin, IL-IN →
Semantic Salary Analysis for Education and Childcare Administrators, Preschool and Daycare • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN