Average Industrial Engineers Salary in Chicago-Naperville-Elgin, IL-IN
Industrial Engineers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an average annual salary of $104,160. This figure is slightly below the national average of $107,860, suggesting a nuanced compensation landscape. Local economic factors and industry demand within this specific region likely influence this pay rate, creating a unique market for these professionals.
Executive Summary
- Average Salary: $104,160 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $141,130.
- Outlook: The Chicago-Naperville-Elgin area boasts a substantial workforce of 10,640 Industrial Engineers, indicating a significant presence of this profession. With a Location Quotient of 1.05, the concentration of these roles is marginally higher than the national average, signaling a robust and stable demand for their expertise within the region's industrial and manufacturing sectors.
Salary Overview
The average Industrial Engineers in Chicago-Naperville-Elgin, IL-IN earns-3.4%below the national average.
$50.1
$2,003
$8,680
Industrial Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Industrial Engineers across major metropolitan areas like Chicago have experienced steady growth over the past four years. This trend is typically driven by increasing demand for process optimization, supply chain efficiency, and technological integration within various industries, leading to upward pressure on compensation.
Industrial Engineers Salary Distribution in Chicago-Naperville-Elgin, IL-IN
The career trajectory for Industrial Engineers typically shows a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on accumulated knowledge, problem-solving capabilities, and leadership potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $65,880 | $31.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $78,120 | $37.6 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $100,940 | $48.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $130,200 | $62.6 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $141,130 | $67.9 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$104,160
Gross Pay
Real Wage (Purchasing Power)
$104,160
Adjusted for COL (100)
An average annual salary of $104,160 in the Chicago-Naperville-Elgin area aligns perfectly with the national average cost of living (100). This means that the purchasing power of an Industrial Engineer's salary in this region is comparable to the national standard, offering a stable financial outlook without significant strain or advantage due to living expenses.
Job Market Context
10,640
Total Jobs
2.379
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Industrial Engineers roles compared to the national norm.
The Location Quotient of 1.05 for Industrial Engineers in Chicago-Naperville-Elgin indicates a slightly higher concentration of these roles compared to the national average. This suggests a competitive yet healthy job market where demand is consistent with, or slightly exceeds, the national proportion of available talent, offering good opportunities for skilled professionals.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| Michigan City-La Porte, IN Industrial Engineers Salary | $91,760↓ 12% | 41 mi |
| Kenosha, WI Industrial Engineers Salary | $97,710↓ 6% | 51 mi |
| Kankakee, IL Industrial Engineers Salary | $93,130↓ 11% | 55 mi |
| Racine-Mount Pleasant, WI Industrial Engineers Salary | $93,180↓ 11% | 59 mi |
| Niles, MI Industrial Engineers Salary | $94,740↓ 9% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Industrial Engineers in Chicago-Naperville-Elgin, IL-IN is $104,160. This typically ranges from $65,880 for entry-level positions to $141,130 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 3.4% lower than the national median of $107,860.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Industrial Engineers?
Yes, it offers comparable earning potential to the national average with an average cost of living.Industrial Engineers in this region earn $104,160, nearly matching the national average, while the cost of living is exactly at the national average. This balance indicates a stable and potentially lucrative environment for these professionals.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Industrial Engineers?
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 Michigan City-La Porte, IN ($91,760) and Kenosha, WI.
How does the Chicago Industrial Engineer salary compare to the national average?
The average annual salary for Industrial Engineers in Chicago-Naperville-Elgin, IL-IN is $104,160, which is slightly below the national average of $107,860.
What is the concentration of Industrial Engineers in the Chicago area?
The Chicago-Naperville-Elgin area has a Location Quotient of 1.05 for Industrial Engineers, indicating a slightly higher concentration than the national average.
How does the cost of living in Chicago affect an Industrial Engineer's salary?
The cost of living in Chicago is at the national average (100), meaning the $104,160 salary provides purchasing power equivalent to the national average.
Is the job market for Industrial Engineers strong in Chicago?
With a workforce of 10,640 and a Location Quotient slightly above average, the job market for Industrial Engineers in Chicago appears robust and stable, with consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,640 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 2.379 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Industrial Engineers Salaries by State
Top Jobs in Chicago-Naperville-Elgin, IL-IN
- All Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Office and Administrative Support Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Transportation and Material Moving Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Management Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Sales and Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Food Preparation and Serving Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Business and Financial Operations Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Production Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Healthcare Practitioners and Technical Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Educational Instruction and Library Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Browse All Jobs in Chicago-Naperville-Elgin, IL-IN →
Semantic Salary Analysis for Industrial Engineers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN