Industrial Engineering Technologists and Technicians in the Chicago-Naperville-Elgin, IL-IN area earn an average annual salary of $72,940. This figure slightly surpasses the national average of $69,540, indicating a localized premium for these skilled professionals. The specific economic drivers and industry demands within this metropolitan region contribute to this elevated compensation.
Executive Summary
- Average Salary: $72,940 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $98,280.
- Outlook: With a local workforce of 1,660 Industrial Engineering Technologists and Technicians and a Location Quotient of 0.78, the job market in Chicago-Naperville-Elgin, IL-IN shows a concentration slightly below the national average. While not a primary hub for this specific occupation, the presence of a substantial workforce suggests consistent demand and opportunities for skilled individuals.
Salary Overview
The average Industrial Engineering Technologists and Technicians in Chicago-Naperville-Elgin, IL-IN earns+4.9%above the national average.
$35.1
$1,403
$6,078
Industrial Engineering Technologists and Technicians Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Industrial Engineering Technologists and Technicians have experienced steady growth over the past four years, mirroring broader economic trends and increasing demand for efficiency and process improvement across industries. This upward trajectory is likely influenced by technological advancements and the continuous need for optimization in manufacturing and service sectors.
Industrial Engineering Technologists and Technicians Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression for Industrial Engineering Technologists and Technicians typically correlates with increased salary. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies significant earning potential as one advances in their career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $49,730 | $23.9 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $54,705 | $26.3 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $74,330 | $35.7 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $91,175 | $43.8 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $98,280 | $47.3 |
Detailed Industrial Engineering Technologists and Technicians Market Analysis
Relocation Context
Nominal Salary
$72,940
Gross Pay
Real Wage (Purchasing Power)
$72,940
Adjusted for COL (100)
The average annual salary of $72,940 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an Industrial Engineering Technologist's salary in this area is equivalent to the national average, offering a stable financial standing without significant cost-of-living adjustments.
Job Market Context
1,660
Total Jobs
0.371
Per 1K Jobs
0.78
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 0.78x the national average concentration of Industrial Engineering Technologists and Technicians 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 0.78 suggests that Industrial Engineering Technologists and Technicians are slightly less concentrated in the Chicago-Naperville-Elgin, IL-IN area compared to the national average. This indicates a moderately competitive market where demand is present but not overwhelmingly high, potentially offering a balanced environment for job seekers.
Nearby Job Markets
Nearby Cities for Industrial Engineering Technologists and Technicians
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Industrial Engineering Technologists and Technicians Salary | $66,830↓ 8% | 51 mi |
| Racine-Mount Pleasant, WI Industrial Engineering Technologists and Technicians Salary | $65,330↓ 10% | 59 mi |
| Niles, MI Industrial Engineering Technologists and Technicians Salary | $54,910↓ 25% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Industrial Engineering Technologists and Technicianss?
Frequently Asked Questions
How much does a Industrial Engineering Technologists and Technicians make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Industrial Engineering Technologists and Technicians in Chicago-Naperville-Elgin, IL-IN is $72,940. This typically ranges from $49,730 for entry-level positions to $98,280 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 4.9% higher than the national median of $69,540.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Industrial Engineering Technologists and Technicianss?
Yes, it offers a slightly above-average salary.The average salary of $72,940 is higher than the national average, and the cost of living is on par with the national average, making it a financially sound location.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Industrial Engineering Technologists and Technicians?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Kenosha, WI ($66,830) and Racine-Mount Pleasant, WI.
How does the Chicago-Naperville-Elgin, IL-IN salary compare to the national average?
The average salary for Industrial Engineering Technologists and Technicians in Chicago-Naperville-Elgin, IL-IN is $72,940, which is slightly higher than the national average of $69,540.
What is the Cost of Living in Chicago-Naperville-Elgin, IL-IN relative to the nation?
The Cost of Living Index for Chicago-Naperville-Elgin, IL-IN is 100, which is exactly the national average, meaning the cost of goods and services is comparable nationwide.
How concentrated are Industrial Engineering Technologists and Technicians jobs in this area?
The Location Quotient of 0.78 indicates that this occupation is slightly less concentrated in Chicago-Naperville-Elgin, IL-IN compared to the national average.
What is the total number of Industrial Engineering Technologists and Technicians in the Chicago-Naperville-Elgin, IL-IN area?
There are approximately 1,660 Industrial Engineering Technologists and Technicians employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,660 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.371 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Industrial Engineering Technologists and Technicians • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN