Average General and Operations Managers Salary in Peoria, IL
General and Operations Managers in Peoria, IL, command an average annual salary of $115,920. This figure is notably below the national average of $132,920, suggesting that local economic factors and industry demand play a significant role in compensation within this specific metropolitan area. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $115,920 per year.
- Growth Trend: Salaries have shifted 10.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $209,600.
- Outlook: Peoria, IL supports a substantial workforce of 3,900 General and Operations Managers, indicating a significant presence of these roles within the local economy. With a Location Quotient of 1.02, the concentration of these managers is just slightly above the national average, suggesting a stable and consistent demand for their expertise without being overly saturated.
Salary Overview
The average General and Operations Managers in Peoria, IL earns-12.8%below the national average.
$55.7
$2,229
$9,660
General and Operations Managers Salary Trends (2020-2024)
While specific historical data for Peoria, IL is not provided, it is reasonable to assume that salaries for General and Operations Managers have experienced a steady upward trend over the past four years, mirroring national economic growth and increasing demand for skilled management professionals. This growth is often driven by inflation, increased responsibilities, and the need for experienced leadership in dynamic business environments.
General and Operations Managers Salary Distribution in Peoria, IL
The career trajectory for General and Operations Managers in Peoria, IL, typically involves significant salary increases with experience. Entry-level positions might start at a lower percentile, but as professionals gain years of experience, develop specialized skills, and take on greater responsibilities, their earnings can ascend to the higher percentiles. These percentile gaps clearly signify the value placed on seasoned leadership and proven operational expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $45,230 | $21.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $86,940 | $41.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,690 | $46 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $144,900 | $69.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $209,600 | $100.8 |
Detailed General and Operations Managers Market Analysis
Relocation Context
Nominal Salary
$115,920
Gross Pay
Real Wage (Purchasing Power)
$115,920
Adjusted for COL (100)
The average annual salary of $115,920 in Peoria, IL, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a manager's salary in Peoria is equivalent to that of a manager earning the national average salary in a location with a national average cost of living. Therefore, the nominal salary translates effectively to real-world expenses and lifestyle.
Job Market Context
3,900
Total Jobs
23.6
Per 1K Jobs
1.02
Location Quotient
With a location quotient of 1.02, Peoria, IL has a slightly higher-than-average concentration of General and Operations Managers roles compared to the national norm.
With a Location Quotient of 1.02, Peoria, IL, presents a job market for General and Operations Managers that is very closely aligned with the national average in terms of concentration. This suggests a balanced market where opportunities are neither exceptionally scarce nor overwhelmingly abundant, indicating a competitive yet accessible environment for professionals in this field.
Nearby Job Markets
Nearby Cities for General and Operations Managers
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL General and Operations Managers Salary | $118,870↑ 3% | 39 mi |
| West Central Illinois nonmetropolitan area General and Operations Managers Salary | $104,010↓ 10% | 43 mi |
| East Central Illinois nonmetropolitan area General and Operations Managers Salary | $107,900↓ 7% | 43 mi |
| Northwest Illinois nonmetropolitan area General and Operations Managers Salary | $103,450↓ 11% | 43 mi |
| South Illinois nonmetropolitan area General and Operations Managers Salary | $101,730↓ 12% | 43 mi |
Comparing salaries near Peoria, IL
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Frequently Asked Questions
How much does a General and Operations Managers make in Peoria, IL?
The median annual salary for a General and Operations Managers in Peoria, IL is $115,920. This typically ranges from $45,230 for entry-level positions to $209,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 12.8% lower than the national median of $132,920.
Is Peoria, IL a lucrative place for General and Operations Managers?
Yes, Peoria, IL offers a comparable financial standing for General and Operations Managers.While the nominal salary is below the national average, the cost of living also matches the national average, making the purchasing power equivalent. The stable job market concentration further supports consistent opportunities.
Is Peoria, IL a good place to live for General and Operations 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 ($118,870) and West Central Illinois nonmetropolitan area.
How does Peoria's General and Operations Manager salary compare to the national average?
The average salary for General and Operations Managers in Peoria, IL is $115,920, which is below the national average of $132,920.
What is the cost of living in Peoria, IL compared to the national average?
Peoria, IL has a cost of living index of 100, which is exactly the same as the national average.
How concentrated are General and Operations Manager roles in Peoria, IL?
The concentration of General and Operations Manager roles in Peoria, IL, is indicated by a Location Quotient of 1.02, meaning it is very close to the national average concentration.
What is the total number of General and Operations Managers in Peoria, IL?
There are approximately 3,900 General and Operations Managers employed in the Peoria, IL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,900 employees in the Peoria, IL area with a job density of 23.6 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for General and Operations Managers • Data source: BLS OEWS 2024 •Jobs in Peoria, IL