SalaryNode

Average Industrial Machinery Mechanics Salary in Peoria, IL

Industrial Machinery Mechanics in Peoria, IL, command an average annual salary of $70,890, surpassing the national average of $66,990. This elevated pay reflects the localized demand and the specific industrial needs within the Peoria region, which often require specialized skills and experience.

Executive Summary

  • Average Salary: $70,890 per year.
  • Growth Trend: Salaries have shifted 16.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $87,370.
  • Outlook: Peoria, IL, hosts a robust local workforce of 520 Industrial Machinery Mechanics, with a Location Quotient of 1.16 indicating a higher concentration of these roles than the national average. This suggests a stable and potentially growing demand for skilled mechanics in the area, supported by 3.168 jobs per thousand workers.
2024 Market Data

Salary Overview

$70,890

The average Industrial Machinery Mechanics in Peoria, IL earns+5.8%above the national average.

BreakdownBased on 40h/week
Hourly

$34.1

Weekly

$1,363

Monthly

$5,908

Industrial Machinery Mechanics Salary Distribution in Peoria, IL

Career progression for Industrial Machinery Mechanics in Peoria, IL, is clearly reflected in salary differentials. Entry-level positions might start closer to $50,000, while seasoned senior mechanics with extensive experience and specialized certifications can earn upwards of $90,000. These percentile gaps highlight significant earning potential as expertise and responsibility increase.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$48,870$23.5
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$53,168$25.6
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$74,530$35.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$88,613$42.6
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$87,370$42

Detailed Industrial Machinery Mechanics Market Analysis

Relocation Context

Nominal Salary

$70,890

Gross Pay

Real Wage (Purchasing Power)

$70,890

Adjusted for COL (100)

With an average annual salary of $70,890 and a Cost of Living Index at the national average of 100, Industrial Machinery Mechanics in Peoria, IL, experience a salary that aligns directly with the cost of living. This means their earnings provide a purchasing power equivalent to the national average, offering financial stability.

Job Market Context

520

Total Jobs

3.168

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Peoria, IL has a slightly higher-than-average concentration of Industrial Machinery Mechanics roles compared to the national norm.

The Location Quotient of 1.16 for Industrial Machinery Mechanics in Peoria, IL, signifies a market where these professionals are slightly more concentrated than the national average. This suggests a healthy demand and a competitive environment, where employers may need to offer attractive compensation to secure and retain skilled talent.

Nearby Job Markets

Frequently Asked Questions

How much does a Industrial Machinery Mechanics make in Peoria, IL?

The median annual salary for a Industrial Machinery Mechanics in Peoria, IL is $70,890. This typically ranges from $48,870 for entry-level positions to $87,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 5.8% higher than the national median of $66,990.

Is Peoria, IL a lucrative place for Industrial Machinery Mechanics?

Yes, Peoria, IL, offers a lucrative environment for Industrial Machinery Mechanics.The average salary of $70,890 is notably higher than the national average, and the cost of living is on par with the national index, indicating strong purchasing power.

Is Peoria, IL a good place to live for Industrial Machinery Mechanics?

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 ($76,930) and West Central Illinois nonmetropolitan area.

What is the average salary for an Industrial Machinery Mechanic in Peoria, IL?

The average annual salary for an Industrial Machinery Mechanic in Peoria, IL, is $70,890.

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

Industrial Machinery Mechanics in Peoria, IL, earn approximately $3,900 more annually than the national average, which stands at $66,990.

What is the concentration of Industrial Machinery Mechanics in Peoria, IL?

Peoria, IL, has a higher concentration of Industrial Machinery Mechanics compared to the national average, indicated by a Location Quotient of 1.16.

How does the cost of living in Peoria affect the salary?

The cost of living in Peoria, IL, is exactly at the national average (Index 100), meaning the $70,890 salary offers purchasing power equivalent to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Peoria, IL area with a job density of 3.168 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.