Average Facilities Managers Salary in Peoria, IL
Facilities Managers in Peoria, IL, earn an average annual salary of $94,880. This figure is notably below the national average of $116,350, suggesting that local market dynamics and potentially a lower cost of living influence compensation. While the nominal salary is lower, understanding the full financial picture requires considering these regional economic factors.
Executive Summary
- Average Salary: $94,880 per year.
- Growth Trend: Salaries have shifted 0.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $133,850.
- Outlook: With a total local workforce of 240 Facilities Managers, Peoria presents a moderately sized employment pool. The Location Quotient of 1.57 indicates a higher concentration of these roles compared to the national average, suggesting a stable or potentially growing demand for skilled professionals in this sector within the region.
Salary Overview
The average Facilities Managers in Peoria, IL earns-18.5%below the national average.
$45.6
$1,825
$7,907
Facilities Managers Salary Trends (2020-2024)
While specific historical data for Peoria is not provided, it's reasonable to assume that Facilities Manager salaries in the area have experienced growth over the past four years, mirroring national trends. Economic factors, inflation, and increasing demand for facility upkeep and management services typically drive salary increases in most professional fields.
Facilities Managers Salary Distribution in Peoria, IL
The career trajectory for Facilities Managers in Peoria, IL, shows significant salary progression with experience. Entry-level positions might start in the lower percentiles, while seasoned professionals with extensive expertise and leadership responsibilities can command salaries in the higher percentiles, reflecting a clear path for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $53,490 | $25.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $71,160 | $34.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,360 | $44.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $118,600 | $57 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $133,850 | $64.4 |
Detailed Facilities Managers Market Analysis
Relocation Context
Nominal Salary
$94,880
Gross Pay
Real Wage (Purchasing Power)
$94,880
Adjusted for COL (100)
The average Facilities Manager salary in Peoria, IL, is $94,880, aligning perfectly with a Cost of Living Index of 100, which represents the national average. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing for professionals relocating to or residing in Peoria.
Job Market Context
240
Total Jobs
1.439
Per 1K Jobs
1.57
Location Quotient
Peoria, IL has 1.6x the national concentration of Facilities Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.57 signifies that Facilities Managers are more concentrated in Peoria, IL, than the national average. This suggests a robust local market with a higher proportion of job opportunities relative to the general workforce, potentially indicating a competitive environment for employers seeking talent but favorable conditions for job seekers.
Nearby Job Markets
Nearby Cities for Facilities Managers
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Facilities Managers Salary | $101,910↑ 7% | 39 mi |
| West Central Illinois nonmetropolitan area Facilities Managers Salary | $86,190↓ 9% | 43 mi |
| East Central Illinois nonmetropolitan area Facilities Managers Salary | $96,120↑ 1% | 43 mi |
| Northwest Illinois nonmetropolitan area Facilities Managers Salary | $94,010↓ 1% | 43 mi |
| South Illinois nonmetropolitan area Facilities Managers Salary | $96,190↑ 1% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Facilities Managerss?
Frequently Asked Questions
How much does a Facilities Managers make in Peoria, IL?
The median annual salary for a Facilities Managers in Peoria, IL is $94,880. This typically ranges from $53,490 for entry-level positions to $133,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 18.5% lower than the national median of $116,350.
Is Peoria, IL a lucrative place for Facilities Managers?
Yes, with caveats.The average salary of $94,880 is competitive given the national average Cost of Living Index of 100. However, it is below the national average salary, indicating that 'lucrative' depends on individual financial goals and comparisons.
Is Peoria, IL a good place to live for Facilities Managers?
The Cost of Living Index in Peoria, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Peoria, IL?
Some top paying nearby cities include Bloomington, IL ($101,910) and West Central Illinois nonmetropolitan area.
How does Peoria's Facilities Manager salary compare to the national average?
Facilities Managers in Peoria, IL, earn an average of $94,880 annually, which is less than the national average of $116,350.
What is the concentration of Facilities Managers in Peoria, IL?
Peoria, IL has a higher concentration of Facilities Managers than the national average, indicated by a Location Quotient of 1.57.
How does the cost of living in Peoria affect salary perception?
With a Cost of Living Index of 100, Peoria's cost of living is at the national average, meaning the $94,880 salary offers purchasing power equivalent to the national average.
What does the job market look like for Facilities Managers in Peoria?
The job market appears stable with a higher-than-average concentration of Facilities Managers, suggesting consistent demand for these roles within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Peoria, IL area with a job density of 1.439 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Facilities Managers Salaries by State
Top Jobs in Peoria, IL
- All Occupations Salary in Peoria, IL
- Office and Administrative Support Occupations Salary in Peoria, IL
- Production Occupations Salary in Peoria, IL
- Food Preparation and Serving Related Occupations Salary in Peoria, IL
- Transportation and Material Moving Occupations Salary in Peoria, IL
- Healthcare Practitioners and Technical Occupations Salary in Peoria, IL
- Sales and Related Occupations Salary in Peoria, IL
- Management Occupations Salary in Peoria, IL
- Educational Instruction and Library Occupations Salary in Peoria, IL
- Business and Financial Operations Occupations Salary in Peoria, IL
- Browse All Jobs in Peoria, IL →
Semantic Salary Analysis for Facilities Managers • Data source: BLS OEWS 2024 •Jobs in Peoria, IL