SalaryNode

Average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary in Chicago-Naperville-Elgin, IL-IN

In the Chicago-Naperville-Elgin, IL-IN metropolitan area, Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers earn an average annual salary of $42,910. This figure is slightly below the national average of $45,940, a common occurrence in regions where specific industry demand or local economic factors may influence compensation. The concentration of this role within the local workforce also plays a part in the prevailing wage.

Executive Summary

  • Average Salary: $42,910 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $59,880.
  • Outlook: The Chicago-Naperville-Elgin area demonstrates a robust job market for Electrical, Electronic, and Electromechanical Assemblers, with a total local workforce of 10,300. The Location Quotient of 1.36 indicates a higher concentration of these roles compared to the national average, suggesting a strong and potentially growing demand for skilled assemblers in this region.
2024 Market Data

Salary Overview

$42,910

The average Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Chicago-Naperville-Elgin, IL-IN earns-6.6%below the national average.

BreakdownBased on 40h/week
Hourly

$20.6

Weekly

$825

Monthly

$3,576

Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Career progression for Electrical, Electronic, and Electromechanical Assemblers typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior assemblers with specialized skills and years of experience can command salaries well above the average. The percentile gaps in earnings clearly signify the career trajectory and earning potential available within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$31,010$14.9
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$32,183$15.5
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$39,530$19
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$53,638$25.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$59,880$28.8

Detailed Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers Market Analysis

Relocation Context

Nominal Salary

$42,910

Gross Pay

Real Wage (Purchasing Power)

$42,910

Adjusted for COL (100)

The average annual salary of $42,910 in the Chicago-Naperville-Elgin, IL-IN area aligns precisely with the national average cost of living index of 100. This means that the purchasing power of the local salary is on par with the national average, offering a stable financial environment for residents without the added pressure of significantly higher or lower living expenses.

Job Market Context

10,300

Total Jobs

2.301

Per 1K Jobs

1.36

Location Quotient

Above Average

With a location quotient of 1.36, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers roles compared to the national norm.

With a Location Quotient of 1.36, the Chicago-Naperville-Elgin, IL-IN area exhibits a notable concentration of Electrical, Electronic, and Electromechanical Assemblers compared to the national landscape. This suggests a more competitive job market with potentially more opportunities, but also indicates that employers may have a wider pool of talent to draw from, influencing hiring dynamics and salary negotiations.

Nearby Job Markets

Hiring Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finisherss?

Frequently Asked Questions

How much does a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers in Chicago-Naperville-Elgin, IL-IN is $42,910. This typically ranges from $31,010 for entry-level positions to $59,880 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 6.6% lower than the national median of $45,940.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finisherss?

No, not significantly more lucrative than the national average.While the area has a higher concentration of these jobs (LQ of 1.36), the average salary of $42,910 is below the national average of $45,940, and the cost of living is at the national average.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers?

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 Michigan City-La Porte, IN ($37,580) and Kenosha, WI.

How does the local salary compare to the national average?

The average annual salary for Electrical, Electronic, and Electromechanical Assemblers in Chicago-Naperville-Elgin, IL-IN is $42,910, which is $3,030 less than the national average of $45,940.

What is the job concentration for this role in Chicago?

The Location Quotient (LQ) for this role in Chicago-Naperville-Elgin, IL-IN is 1.36, indicating that the area has 36% more of these jobs than the national average, suggesting a higher demand or specialization.

How does the cost of living affect the salary in Chicago?

The cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average (100). Therefore, the nominal salary of $42,910 has the same purchasing power as the national average salary.

What is the total number of these assemblers in the Chicago area?

There are approximately 10,300 Electrical, Electronic, and Electromechanical Assemblers, Except Coil Winders, Tapers, and Finishers employed within the Chicago-Naperville-Elgin, IL-IN 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 10,300 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 2.301 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.