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Average Industrial Engineers Salary in Champaign-Urbana, IL

Industrial Engineers in Champaign-Urbana, IL earn an average annual salary of $91,530. This figure is notably below the national average of $107,860, suggesting that local market dynamics and potentially a different industry focus within the region influence compensation levels. While the pay may differ from national benchmarks, understanding the local economic landscape is key to evaluating this salary.

Executive Summary

  • Average Salary: $91,530 per year.
  • Growth Trend: Salaries have shifted 13.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $130,640.
  • Outlook: The Champaign-Urbana, IL market for Industrial Engineers is stable, with a local workforce of 240 professionals. The Location Quotient of 0.99 indicates that the concentration of Industrial Engineers in this area is very close to the national average, suggesting a balanced demand and supply. With 2.257 jobs per 1,000 workers, the presence of these roles is consistent with national trends, pointing to a steady, albeit not exceptionally high, demand for their expertise.
2024 Market Data

Salary Overview

$91,530

The average Industrial Engineers in Champaign-Urbana, IL earns-15.1%below the national average.

BreakdownBased on 40h/week
Hourly

$44

Weekly

$1,760

Monthly

$7,628

Industrial Engineers Salary Distribution in Champaign-Urbana, IL

The salary trajectory for Industrial Engineers in Champaign-Urbana, IL, like elsewhere, is significantly influenced by experience. Entry-level positions typically start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills command higher salaries, often reaching the 75th percentile and beyond. The gap between entry-level and senior-level compensation clearly signifies the value placed on accumulated knowledge and proven problem-solving capabilities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$47,250$22.7
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$68,648$33
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$93,420$44.9
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$114,413$55
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$130,640$62.8

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$91,530

Gross Pay

Real Wage (Purchasing Power)

$91,530

Adjusted for COL (100)

The average annual salary of $91,530 for Industrial Engineers in Champaign-Urbana, IL, aligns perfectly with the local Cost of Living Index of 100. This means that the nominal salary has the same purchasing power as the national average salary would in a national average cost of living area. Therefore, while the salary is below the national average, the cost of living in Champaign-Urbana does not diminish its real value, offering a stable financial standing for professionals in the region.

Job Market Context

240

Total Jobs

2.257

Per 1K Jobs

0.99

Location Quotient

Below Average

Champaign-Urbana, IL has 0.99x the national average concentration of Industrial Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.99, the Champaign-Urbana, IL market for Industrial Engineers is nearly on par with the national average in terms of concentration. This suggests a competitive yet accessible job market; there are neither significantly more nor fewer Industrial Engineers relative to the overall workforce compared to the rest of the country. Professionals can expect a stable employment environment with opportunities available, but perhaps without the intense competition or oversaturation seen in areas with much higher LQs.

Nearby Job Markets

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Champaign-Urbana, IL?

The median annual salary for a Industrial Engineers in Champaign-Urbana, IL is $91,530. This typically ranges from $47,250 for entry-level positions to $130,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 15.1% lower than the national median of $107,860.

Is Champaign-Urbana, IL a lucrative place for Industrial Engineers?

No, not exceptionally lucrative compared to the national average.While the average salary of $91,530 is stable due to a Cost of Living Index of 100, it falls below the national average of $107,860.

Is Champaign-Urbana, IL a good place to live for Industrial Engineers?

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

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($115,680) and West Central Illinois nonmetropolitan area.

How does the Champaign-Urbana salary compare to the national average?

The average salary for Industrial Engineers in Champaign-Urbana, IL is $91,530, which is $16,330 less than the national average of $107,860.

What is the concentration of Industrial Engineers in Champaign-Urbana, IL?

The concentration, measured by the Location Quotient, is 0.99, indicating that the proportion of Industrial Engineers in the local workforce is very close to the national average.

How does the cost of living affect the Industrial Engineer salary in Champaign-Urbana?

The Cost of Living Index is 100, meaning it's the national average. Therefore, the $91,530 salary has the same purchasing power locally as the national average salary would nationally.

What does a Location Quotient of 0.99 signify for job seekers?

A Location Quotient of 0.99 suggests a balanced job market where the demand for Industrial Engineers is neither exceptionally high nor low relative to the national landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Champaign-Urbana, IL area with a job density of 2.257 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.