SalaryNode

Average Food Service Managers Salary in Peoria, IL

Food Service Managers in Peoria, IL, command an impressive average annual salary of $74,220, surpassing the national average of $72,020. This localized premium is often driven by a combination of regional demand, operational costs, and the specific economic landscape of the Peoria metropolitan area. Understanding these local factors is key to appreciating the compensation structure for this vital role.

Executive Summary

  • Average Salary: $74,220 per year.
  • Growth Trend: Salaries have shifted 51.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,130.
  • Outlook: The job market for Food Service Managers in Peoria, IL, appears robust, with a total local workforce of 370 individuals in this sector. The Location Quotient of 1.4 indicates a higher concentration of these roles in Peoria compared to the national average, suggesting a sustained or growing demand for skilled management professionals within the local food service industry.
2024 Market Data

Salary Overview

$74,220

The average Food Service Managers in Peoria, IL earns+3.1%above the national average.

BreakdownBased on 40h/week
Hourly

$35.7

Weekly

$1,427

Monthly

$6,185

Food Service Managers Salary Distribution in Peoria, IL

Career progression for Food Service Managers in Peoria, IL, is clearly reflected in salary differentials. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with extensive experience in operations, staff management, and financial oversight can expect to earn significantly more, potentially reaching into the upper percentiles of the $74,220 average. These percentile gaps underscore the value placed on accumulated expertise and leadership capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$35,880$17.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$55,665$26.8
ManagerOversees team, compliance, and project delivery.50% (Median)$60,950$29.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$92,775$44.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$136,130$65.4

Detailed Food Service Managers Market Analysis

Relocation Context

Nominal Salary

$74,220

Gross Pay

Real Wage (Purchasing Power)

$74,220

Adjusted for COL (100)

With an average annual salary of $74,220 and a Cost of Living Index of 100, which is precisely the national average, Food Service Managers in Peoria, IL, experience a strong purchasing power. The nominal salary directly translates to the national average cost of living, indicating that their earnings are well-aligned with the general expenses in the area, making it a financially stable location.

Job Market Context

370

Total Jobs

2.225

Per 1K Jobs

1.4

Location Quotient

Above Average

With a location quotient of 1.40, Peoria, IL has a slightly higher-than-average concentration of Food Service Managers roles compared to the national norm.

The Location Quotient of 1.4 for Food Service Managers in Peoria, IL, signifies a market where this profession is 40% more concentrated than the national average. This suggests a competitive yet potentially abundant job market, where employers may actively seek out qualified candidates, and professionals have a good opportunity to find suitable employment within their field.

Nearby Job Markets

Hiring Food Service Managerss?

Frequently Asked Questions

How much does a Food Service Managers make in Peoria, IL?

The median annual salary for a Food Service Managers in Peoria, IL is $74,220. This typically ranges from $35,880 for entry-level positions to $136,130 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 3.1% higher than the national median of $72,020.

Is Peoria, IL a lucrative place for Food Service Managers?

Yes, Peoria, IL offers a lucrative environment for Food Service Managers.The average salary of $74,220 is higher than the national average, and the Cost of Living Index of 100 means your earnings have strong purchasing power locally.

Is Peoria, IL a good place to live for Food Service 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 ($66,340) and West Central Illinois nonmetropolitan area.

How does the Peoria Food Service Manager salary compare to the national average?

The average annual salary for Food Service Managers in Peoria, IL, is $74,220, which is notably higher than the national average of $72,020.

What is the concentration of Food Service Managers in Peoria, IL?

Peoria, IL has a Location Quotient of 1.4 for Food Service Managers, indicating a 40% higher concentration of these roles compared to the national average.

How does the cost of living in Peoria, IL affect the salary?

Peoria, IL has a Cost of Living Index of 100, which is the national average. This means the $74,220 salary provides purchasing power equivalent to the national average.

What does the local workforce size suggest about job opportunities?

With a local workforce of 370 Food Service Managers, the market indicates a substantial presence and likely consistent demand for these professionals in Peoria, IL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Peoria, IL area with a job density of 2.225 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.