SalaryNode

Average Gambling Dealers Salary in Chicago-Naperville-Elgin, IL-IN

Gambling Dealers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an average annual salary of $35,310. This figure is slightly below the national average of $39,000, suggesting that local market dynamics and potentially a higher concentration of entry-level positions influence compensation. While the nominal salary may seem lower, it's crucial to consider the local economic context.

Executive Summary

  • Average Salary: $35,310 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $62,520.
  • Outlook: The Chicago-Naperville-Elgin, IL-IN area supports a local workforce of 1,950 Gambling Dealers. With a Location Quotient of 0.81, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand relative to other occupations. The presence of nearly two thousand professionals suggests a mature market with consistent employment opportunities.
2024 Market Data

Salary Overview

$35,310

The average Gambling Dealers in Chicago-Naperville-Elgin, IL-IN earns-9.5%below the national average.

BreakdownBased on 40h/week
Hourly

$17

Weekly

$679

Monthly

$2,943

Gambling Dealers Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Salary progression for Gambling Dealers typically correlates with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with extensive experience in various games and customer service can command significantly higher salaries. The percentile gaps in earnings, from the lowest paid to the highest, reflect this career trajectory and the value placed on expertise and reliability in the industry.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$17,960$8.6
ExperiencedProficient professional working independently.25% (Junior)$26,483$12.7
Mid-LevelEstablished expert. Standard market value.50% (Median)$30,230$14.5
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$44,138$21.2
Top TierIndustry leader / Executive level compensation.90% (Expert)$62,520$30.1

Detailed Gambling Dealers Market Analysis

Relocation Context

Nominal Salary

$35,310

Gross Pay

Real Wage (Purchasing Power)

$35,310

Adjusted for COL (100)

The average annual salary of $35,310 for Gambling Dealers 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 comparable to the national average, making the nominal income effectively neutral in terms of affordability for residents.

Job Market Context

1,950

Total Jobs

0.435

Per 1K Jobs

0.81

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.81x the national average concentration of Gambling Dealers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.81 for Gambling Dealers in Chicago-Naperville-Elgin, IL-IN indicates that the occupation is slightly less concentrated than the national average. This suggests that while the job market is present and supports a substantial workforce, it may not be as saturated as in other regions, potentially offering a balanced competitive landscape for job seekers.

Nearby Job Markets

Hiring Gambling Dealerss?

Frequently Asked Questions

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

The median annual salary for a Gambling Dealers in Chicago-Naperville-Elgin, IL-IN is $35,310. This typically ranges from $17,960 for entry-level positions to $62,520 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 9.5% lower than the national median of $39,000.

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

No, not exceptionally lucrative compared to the national average.The average salary of $35,310 is below the national average of $39,000, although the cost of living is on par with the national average.

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

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 Chicago Gambling Dealer salary compare to the national average?

The average annual salary for Gambling Dealers in Chicago-Naperville-Elgin, IL-IN is $35,310, which is approximately 9.5% lower than the national average of $39,000.

What is the Cost of Living impact on a Gambling Dealer's salary in Chicago?

With a Cost of Living Index of 100, the Chicago-Naperville-Elgin, IL-IN area matches the national average, meaning the $35,310 salary has average purchasing power locally.

How many Gambling Dealers are there in the Chicago area?

The Chicago-Naperville-Elgin, IL-IN metropolitan area employs approximately 1,950 Gambling Dealers, representing 0.435 jobs per 1,000 workers.

Is the job market for Gambling Dealers growing in Chicago?

While specific growth rates aren't detailed, the stable workforce size and a Location Quotient slightly below average suggest a consistent, rather than rapidly expanding, job market for Gambling Dealers in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,950 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.435 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Chicago-Naperville-Elgin, IL-IN

Semantic Salary Analysis for Gambling Dealers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN