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Average Gambling Managers Salary in Illinois

Gambling Managers in Illinois earn an average annual salary of $80,920. This figure is notably lower than the national average of $102,050, suggesting that local market dynamics and potentially a lower cost of living contribute to this compensation difference. The specific economic landscape and demand within Illinois's gambling sector play a crucial role in shaping these salary expectations.

Executive Summary

  • Average Salary: $80,920 per year.
  • Growth Trend: Salaries have shifted 6.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $131,360.
  • Outlook: With a total local workforce of 230 Gambling Managers, Illinois presents a niche but established market for these professionals. The Location Quotient of 1.29 indicates a concentration of these roles slightly above the national average, suggesting a stable, albeit not rapidly expanding, demand for experienced individuals in this sector within the state.
2024 Market Data

Salary Overview

$80,920

The average Gambling Managers in Illinois earns-20.7%below the national average.

BreakdownBased on 40h/week
Hourly

$38.9

Weekly

$1,556

Monthly

$6,743

Gambling Managers Salary Distribution in Illinois

Career progression for Gambling Managers in Illinois typically involves significant salary increases with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior roles, requiring extensive leadership and operational expertise, command higher salaries. The percentile gaps in earnings clearly signify the substantial career advancement and earning potential available as one moves up the management ladder.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$45,900$22.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,690$29.2
ManagerOversees team, compliance, and project delivery.50% (Median)$75,990$36.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$101,150$48.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$131,360$63.2

Detailed Gambling Managers Market Analysis

Relocation Context

Nominal Salary

$80,920

Gross Pay

Real Wage (Purchasing Power)

$88,148

Adjusted for COL (91.8)

The average annual salary of $80,920 in Illinois is quite competitive when considering the local Cost of Living Index of 91.8. Since this index is below the national average of 100, the nominal salary offers a relatively strong purchasing power for residents, making Illinois an economically viable location for Gambling Managers.

Job Market Context

230

Total Jobs

0.039

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Illinois has a slightly higher-than-average concentration of Gambling Managers roles compared to the national norm.

Illinois's Location Quotient of 1.29 for Gambling Managers signifies a job market that is 29% more concentrated than the national average. This suggests that while the absolute number of jobs might not be overwhelmingly large, the relative presence of these roles indicates a healthy and established demand within the state, making it a potentially attractive market for those seeking specialized opportunities.

Nearby Job Markets

Hiring Gambling Managerss?

Frequently Asked Questions

How much does a Gambling Managers make in Illinois?

The median annual salary for a Gambling Managers in Illinois is $80,920. This typically ranges from $45,900 for entry-level positions to $131,360 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 20.7% lower than the national median of $102,050.

Is Illinois a lucrative place for Gambling Managers?

Yes, Illinois offers a competitive landscape for Gambling Managers.While the average salary is below the national average, the lower cost of living and a concentration of roles above the national average make it an economically sound choice.

Is Illinois a good place to live for Gambling Managers?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

What is the average salary for a Gambling Manager in Illinois?

The average annual salary for a Gambling Manager in Illinois is $80,920.

How does the Illinois salary compare to the national average?

The average salary in Illinois ($80,920) is lower than the national average of $102,050.

Is the job market for Gambling Managers concentrated in Illinois?

Yes, Illinois has a Location Quotient of 1.29, indicating a higher concentration of Gambling Manager roles compared to the national average.

How does the cost of living in Illinois affect the salary?

With a Cost of Living Index of 91.8, Illinois is more affordable than the national average, meaning the $80,920 salary offers good purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Illinois area with a job density of 0.039 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Gambling Managers • Data source: BLS OEWS 2024 •Jobs in Illinois