SalaryNode

Average Gambling Cage Workers Salary in Chicago-Naperville-Elgin, IL-IN

Gambling Cage Workers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an average annual salary of $38,330. This figure is slightly below the national average of $38,870, indicating that while the role is present, local market dynamics and potentially a slightly lower demand compared to other regions contribute to this compensation. The concentration of these roles within the local economy also plays a part in shaping the pay scale.

Executive Summary

  • Average Salary: $38,330 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $46,450.
  • Outlook: The job market for Gambling Cage Workers in Chicago-Naperville-Elgin, IL-IN appears moderately robust, evidenced by a total local workforce of 580 individuals in this role. The Location Quotient of 1.49 suggests a higher concentration of these jobs compared to the national average, implying a stable demand and a specialized local industry that supports these positions.
2024 Market Data

Salary Overview

$38,330

The average Gambling Cage Workers in Chicago-Naperville-Elgin, IL-IN earns-1.4%below the national average.

BreakdownBased on 40h/week
Hourly

$18.4

Weekly

$737

Monthly

$3,194

Gambling Cage Workers Salary Distribution in Chicago-Naperville-Elgin, IL-IN

The salary progression for Gambling Cage Workers typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior roles highlights clear career advancement opportunities within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$31,800$15.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$28,748$13.8
ManagerOversees team, compliance, and project delivery.50% (Median)$36,990$17.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$47,913$23
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$46,450$22.3

Detailed Gambling Cage Workers Market Analysis

Relocation Context

Nominal Salary

$38,330

Gross Pay

Real Wage (Purchasing Power)

$38,330

Adjusted for COL (100)

The average annual salary of $38,330 for Gambling Cage Workers in Chicago-Naperville-Elgin, IL-IN aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of this salary is on par with the national average, suggesting that the cost of essential goods and services in the Chicago area is neither significantly higher nor lower than the typical US city.

Job Market Context

580

Total Jobs

0.13

Per 1K Jobs

1.49

Location Quotient

Above Average

With a location quotient of 1.49, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Gambling Cage Workers roles compared to the national norm.

With a Location Quotient of 1.49, the Chicago-Naperville-Elgin, IL-IN area demonstrates a notable concentration of Gambling Cage Worker positions relative to the national average. This indicates a more specialized and potentially competitive market for these roles, suggesting that employers may have a slightly larger pool of candidates to draw from, but also that the industry is a more significant employer in this region.

Nearby Job Markets

Hiring Gambling Cage Workerss?

Frequently Asked Questions

How much does a Gambling Cage Workers make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Gambling Cage Workers in Chicago-Naperville-Elgin, IL-IN is $38,330. This typically ranges from $31,800 for entry-level positions to $46,450 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 1.4% lower than the national median of $38,870.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Gambling Cage Workerss?

No, not significantly more lucrative than the national average.The average salary of $38,330 is slightly below the national average, and the cost of living is exactly at the national average, offering no distinct financial advantage.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Gambling Cage Workers?

The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.

How does the local workforce size impact job prospects?

A local workforce of 580 Gambling Cage Workers suggests a established presence of this profession, indicating consistent opportunities, though the overall size means competition can still be present.

What does a Location Quotient of 1.49 mean for job seekers?

A Location Quotient above 1.0, like 1.49, signifies that Gambling Cage Worker jobs are more concentrated in Chicago-Naperville-Elgin, IL-IN than the national average, potentially leading to more specialized roles and industry-specific career paths.

Are there significant salary differences based on experience?

Yes, typically, experienced Gambling Cage Workers earn more than entry-level staff, with salary increases reflecting acquired skills, responsibility, and tenure within the industry.

How does the cost of living affect the $38,330 salary?

Since the Cost of Living Index is 100 (the national average), the $38,330 salary in Chicago-Naperville-Elgin, IL-IN has purchasing power equivalent to the national average, meaning it's neither exceptionally high nor low in real terms.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 580 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.13 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.