Average Industrial Engineers Salary in Peoria, IL
Industrial Engineers in Peoria, IL, command an impressive average annual salary of $113,840, significantly exceeding the national average of $107,860. This elevated compensation is likely driven by the specialized demand and concentration of industrial and manufacturing sectors within the region, necessitating a highly skilled engineering workforce.
Executive Summary
- Average Salary: $113,840 per year.
- Growth Trend: Salaries have shifted 23.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,090.
- Outlook: The local job market for Industrial Engineers in Peoria, IL, appears robust, supported by a substantial workforce of 1,480 professionals. The Location Quotient of 3.94 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong and sustained demand within the area's industrial landscape.
Salary Overview
The average Industrial Engineers in Peoria, IL earns+5.5%above the national average.
$54.7
$2,189
$9,487
Industrial Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Industrial Engineers in Peoria, IL, have experienced consistent growth over the past four years, mirroring national trends. This growth is typically fueled by increasing industry demands, technological advancements, and the ongoing need for process optimization and efficiency improvements.
Industrial Engineers Salary Distribution in Peoria, IL
Salary progression for Industrial Engineers in Peoria, IL, typically scales with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with extensive expertise and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $71,920 | $34.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $85,380 | $41 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $111,330 | $53.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $142,300 | $68.4 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $165,090 | $79.4 |
Detailed Industrial Engineers Market Analysis
Relocation Context
Nominal Salary
$113,840
Gross Pay
Real Wage (Purchasing Power)
$113,840
Adjusted for COL (100)
With an average annual salary of $113,840 and a Cost of Living Index of 100 (matching the national average), Industrial Engineers relocating to or residing in Peoria, IL, can expect their nominal earnings to translate directly into purchasing power. This means the salary offers a standard of living comparable to the national average, without the added financial strain of a higher cost of living.
Job Market Context
1,480
Total Jobs
8.955
Per 1K Jobs
3.94
Location Quotient
Peoria, IL has 3.9x the national concentration of Industrial Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 3.94 for Industrial Engineers in Peoria, IL, signifies a highly concentrated job market, indicating that this profession is significantly more prevalent here than in the average U.S. location. This suggests a competitive environment for employers seeking talent, potentially leading to higher compensation and a strong demand for skilled professionals in the region.
Nearby Job Markets
Nearby Cities for Industrial Engineers
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Industrial Engineers Salary | $94,470↓ 17% | 39 mi |
| West Central Illinois nonmetropolitan area Industrial Engineers Salary | $92,450↓ 19% | 43 mi |
| East Central Illinois nonmetropolitan area Industrial Engineers Salary | $91,230↓ 20% | 43 mi |
| Northwest Illinois nonmetropolitan area Industrial Engineers Salary | $89,250↓ 22% | 43 mi |
| South Illinois nonmetropolitan area Industrial Engineers Salary | $92,500↓ 19% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Industrial Engineerss?
Frequently Asked Questions
How much does a Industrial Engineers make in Peoria, IL?
The median annual salary for a Industrial Engineers in Peoria, IL is $113,840. This typically ranges from $71,920 for entry-level positions to $165,090 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 5.5% higher than the national median of $107,860.
Is Peoria, IL a lucrative place for Industrial Engineers?
Yes, Peoria, IL is a lucrative place for Industrial Engineers.The average salary of $113,840 is notably higher than the national average, and the cost of living is at the national average, making it financially advantageous.
Is Peoria, IL a good place to live for Industrial Engineers?
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 ($94,470) and West Central Illinois nonmetropolitan area.
How does the Peoria, IL salary compare to the national average?
Industrial Engineers in Peoria, IL, earn an average of $113,840 annually, which is approximately $6,000 more than the national average of $107,860.
What is the concentration of Industrial Engineers in Peoria, IL?
Peoria, IL has a high concentration of Industrial Engineers, indicated by a Location Quotient of 3.94, meaning the profession is nearly four times more common than the national average.
Does the cost of living affect the value of an Industrial Engineer's salary in Peoria, IL?
No, the cost of living in Peoria, IL, is exactly at the national average (100). This means the higher-than-average salary directly translates to strong purchasing power for Industrial Engineers.
How many Industrial Engineers are employed in Peoria, IL?
There are approximately 1,480 Industrial Engineers employed in the Peoria, IL area, representing a significant portion of the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,480 employees in the Peoria, IL area with a job density of 8.955 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 Engineers • Data source: BLS OEWS 2024 •Jobs in Peoria, IL