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Average Human Resources Managers Salary in Peoria, IL

Human Resources Managers in Peoria, IL, earn an average annual salary of $138,990. This figure is notably below the national average of $164,620, suggesting that local market dynamics and industry demand play a significant role in compensation within this specific Illinois region. Factors such as the size of the local economy and the concentration of HR-related industries likely influence this pay scale.

Executive Summary

  • Average Salary: $138,990 per year.
  • Growth Trend: Salaries have shifted 13.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $198,240.
  • Outlook: With a local workforce of 290 Human Resources Managers, Peoria, IL, presents a moderately concentrated job market. The Location Quotient of 1.28 indicates a slightly higher presence of these roles compared to the national average, suggesting a stable, albeit not booming, demand for HR expertise within the area. The number of jobs per 1,000 workers further solidifies this picture of consistent, localized employment opportunities.
2024 Market Data

Salary Overview

$138,990

The average Human Resources Managers in Peoria, IL earns-15.6%below the national average.

BreakdownBased on 40h/week
Hourly

$66.8

Weekly

$2,673

Monthly

$11,583

Human Resources Managers Salary Distribution in Peoria, IL

The salary range for Human Resources Managers in Peoria, IL, naturally scales with experience. Entry-level positions typically command salaries at the lower end of the spectrum, while senior HR managers with extensive experience and specialized skills can expect compensation significantly higher than the average. The percentile gaps in earnings clearly signify the career progression and increased responsibilities associated with advancing in this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$78,360$37.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$104,243$50.1
ManagerOversees team, compliance, and project delivery.50% (Median)$124,030$59.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$173,738$83.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$198,240$95.3

Detailed Human Resources Managers Market Analysis

Relocation Context

Nominal Salary

$138,990

Gross Pay

Real Wage (Purchasing Power)

$138,990

Adjusted for COL (100)

The average annual salary of $138,990 in Peoria, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an HR Manager's salary in Peoria is equivalent to the national standard, offering a stable financial outlook without the added pressure of a high cost of living or the benefit of a significantly lower one.

Job Market Context

290

Total Jobs

1.782

Per 1K Jobs

1.28

Location Quotient

Above Average

With a location quotient of 1.28, Peoria, IL has a slightly higher-than-average concentration of Human Resources Managers roles compared to the national norm.

A Location Quotient of 1.28 for Human Resources Managers in Peoria, IL, signifies a market where these professionals are slightly more concentrated than the national average. This suggests a healthy demand and a potentially competitive environment for skilled HR talent, indicating that employers in Peoria value and actively seek out HR expertise, making it a viable market for career growth.

Nearby Job Markets

Hiring Human Resources Managerss?

Frequently Asked Questions

How much does a Human Resources Managers make in Peoria, IL?

The median annual salary for a Human Resources Managers in Peoria, IL is $138,990. This typically ranges from $78,360 for entry-level positions to $198,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 15.6% lower than the national median of $164,620.

Is Peoria, IL a lucrative place for Human Resources Managers?

Yes, with caveats.While the average salary of $138,990 is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The slightly higher concentration of HR roles (LQ 1.28) suggests consistent local demand.

Is Peoria, IL a good place to live for Human Resources 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 ($138,440) and West Central Illinois nonmetropolitan area.

How does Peoria's HR Manager salary compare to the national average?

Human Resources Managers in Peoria, IL, earn an average of $138,990 annually, which is approximately $25,630 less than the national average of $164,620.

What is the significance of the Location Quotient (LQ) in Peoria for HR Managers?

An LQ of 1.28 means that Human Resources Managers are 28% more concentrated in Peoria, IL, than the national average, indicating a slightly higher demand or presence of these roles in the local job market.

Does the cost of living in Peoria affect the HR Manager salary?

No, the cost of living in Peoria is exactly at the national average (100), meaning the $138,990 salary has the same purchasing power as the national average salary.

How many HR Manager jobs are there in Peoria, IL?

There are approximately 290 Human Resources Managers in Peoria, IL, representing 1.782 jobs per 1,000 workers in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 290 employees in the Peoria, IL area with a job density of 1.782 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.