Average Financial Specialists, All Other Salary in Peoria, IL
The average salary for Financial Specialists, All Others in Peoria, IL is $72,910. While this is lower than the national average, the cost of living in Peoria, IL may offset the difference, preserving real purchasing power. Notably, Peoria, IL is a key hub for this profession, with a job concentration 1.3x higher than average.
Executive Summary
- Average Salary: $72,910 per year.
- Growth Trend: Salaries have shifted 1.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,550.
- Outlook: The current demand for Financial Specialists, All Others is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Peoria, IL economy.
Salary Overview
The average Financial Specialists, All Other in Peoria, IL earns-22.7%below the national average.
$35.1
$1,402
$6,076
Financial Specialists, All Other Salary Trends (2020-2024)
Over the past 3 years, Financial Specialists, All Other salaries in Peoria, IL have seen a slight adjustment of -1.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Financial Specialists, All Other Salary Distribution in Peoria, IL
The earning potential for Financial Specialists, All Others in Peoria, IL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $42,990, while highly experienced professionals can command wages upwards of $98,550.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $42,990 | $20.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $54,683 | $26.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $65,960 | $31.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $91,138 | $43.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $98,550 | $47.4 |
Detailed Financial Specialists, All Other Market Analysis
Relocation Context
Nominal Salary
$72,910
Gross Pay
Real Wage (Purchasing Power)
$72,910
Adjusted for COL (100)
In Peoria, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $72,910 to $72,910.
Job Market Context
180
Total Jobs
1.077
Per 1K Jobs
1.3
Location Quotient
With a location quotient of 1.30, Peoria, IL has a slightly higher-than-average concentration of Financial Specialists, All Other roles compared to the national norm.
180 people work as Financial Specialists, All Other in Peoria, IL.
1.077 out of every 1,000 local jobs are Financial Specialists, All Other positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Financial Specialists, All Other
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Financial Specialists, All Other Salary | $108,030↑ 48% | 39 mi |
| West Central Illinois nonmetropolitan area Financial Specialists, All Other Salary | $69,260↓ 5% | 43 mi |
| East Central Illinois nonmetropolitan area Financial Specialists, All Other Salary | $67,200↓ 8% | 43 mi |
| Northwest Illinois nonmetropolitan area Financial Specialists, All Other Salary | $63,150↓ 13% | 43 mi |
| South Illinois nonmetropolitan area Financial Specialists, All Other Salary | $71,180↓ 2% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Financial Specialists, All Others?
Frequently Asked Questions
How much does a Financial Specialists, All Other make in Peoria, IL?
The median annual salary for a Financial Specialists, All Other in Peoria, IL is $72,910. This typically ranges from $42,990 for entry-level positions to $98,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 22.7% lower than the national median of $94,320.
Is Peoria, IL a good place for Financial Specialists, All Others?
Yes, Peoria, IL is highly recommended due to strong job demand. While salaries are competitive ($72,910), the area is particularly notable for its high job density for Financial Specialists, All Others. See distinct detailed breakdown below.
Is Peoria, IL a good place to live for Financial Specialists, All Others?
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 ($108,030) and West Central Illinois nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Peoria, IL area with a job density of 1.077 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Financial Specialists, All Other • Data source: BLS OEWS 2024 •Jobs in Peoria, IL