SalaryNode

Average General and Operations Managers Salary in Springfield, IL

General and Operations Managers in Springfield, IL earn an average annual salary of $114,390. This figure is notably below the national average of $132,920, suggesting that local market dynamics and potentially a lower cost of doing business influence compensation in this region. While the nominal salary is lower, understanding the local economic landscape is crucial for a complete picture.

Executive Summary

  • Average Salary: $114,390 per year.
  • Growth Trend: Salaries have shifted 17.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $205,860.
  • Outlook: Springfield, IL hosts a substantial local workforce of 2,580 General and Operations Managers, with 25.074 jobs per 1,000 workers. The Location Quotient of 1.08 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable and perhaps growing demand for operational leadership within the state capital's diverse economic sectors.
2024 Market Data

Salary Overview

$114,390

The average General and Operations Managers in Springfield, IL earns-13.9%below the national average.

BreakdownBased on 40h/week
Hourly

$55

Weekly

$2,200

Monthly

$9,533

General and Operations Managers Salary Distribution in Springfield, IL

The salary spectrum for General and Operations Managers in Springfield, IL, like elsewhere, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles with extensive leadership responsibilities and a proven track record can earn considerably more. The gap between the lower and upper percentiles of earnings signifies clear opportunities for career progression and substantial salary increases with accumulated expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$44,410$21.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$85,793$41.2
ManagerOversees team, compliance, and project delivery.50% (Median)$94,650$45.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$142,988$68.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$205,860$99

Detailed General and Operations Managers Market Analysis

Relocation Context

Nominal Salary

$114,390

Gross Pay

Real Wage (Purchasing Power)

$114,390

Adjusted for COL (100)

With an average annual salary of $114,390 and a Cost of Living Index of 100, General and Operations Managers in Springfield, IL experience a purchasing power that aligns with the national average. This means that the nominal salary effectively translates to a standard of living comparable to the rest of the country, making it a neutral factor for relocation considerations from a cost perspective.

Job Market Context

2,580

Total Jobs

25.074

Per 1K Jobs

1.08

Location Quotient

Above Average

With a location quotient of 1.08, Springfield, IL has a slightly higher-than-average concentration of General and Operations Managers roles compared to the national norm.

The Location Quotient of 1.08 for General and Operations Managers in Springfield, IL, indicates a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps even a bit more robust locally, the market is not oversaturated, offering a balanced environment for both job seekers and employers.

Nearby Job Markets

Hiring General and Operations Managerss?

Frequently Asked Questions

How much does a General and Operations Managers make in Springfield, IL?

The median annual salary for a General and Operations Managers in Springfield, IL is $114,390. This typically ranges from $44,410 for entry-level positions to $205,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, IL is 13.9% lower than the national median of $132,920.

Is Springfield, IL a lucrative place for General and Operations Managers?

Moderately. While the average salary is below the national average, the cost of living is also at the national average.General and Operations Managers in Springfield, IL earn $114,390, which is less than the national average of $132,920. However, the cost of living is exactly at the national average, meaning the purchasing power of this salary is comparable to the national standard.

Is Springfield, IL a good place to live for General and Operations Managers?

The Cost of Living Index in Springfield, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, IL?

Some top paying nearby cities include Decatur, IL ($140,920) and West Central Illinois nonmetropolitan area.

How does the number of General and Operations Managers in Springfield, IL compare nationally?

Springfield, IL has a total local workforce of 2,580 General and Operations Managers, with 25.074 jobs per 1,000 workers, indicating a solid presence in the region.

What is the significance of the Location Quotient (LQ) for this role in Springfield, IL?

An LQ of 1.08 means that General and Operations Managers are slightly more concentrated in Springfield, IL than the national average, suggesting a healthy local demand for these professionals.

How does experience impact salary for General and Operations Managers in Springfield, IL?

Experience is a key driver of salary. Entry-level positions will earn less, while senior managers with extensive leadership experience can command significantly higher compensation, reflecting career progression.

Does the cost of living in Springfield, IL affect the value of the average salary?

No, the cost of living in Springfield, IL is at the national average (100), meaning the $114,390 salary offers a purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,580 employees in the Springfield, IL area with a job density of 25.074 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.