SalaryNode

Average Industrial Truck and Tractor Operators Salary in Peoria, IL

Industrial Truck and Tractor Operators in Peoria, IL, earn an average annual salary of $51,150. This figure notably surpasses the national average of $47,800, indicating a localized premium for these essential roles. The higher compensation in Peoria can be attributed to the specific industrial demands and the concentration of related businesses within the region.

Executive Summary

  • Average Salary: $51,150 per year.
  • Growth Trend: Salaries have shifted 27.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $63,420.
  • Outlook: With a local workforce of 1,030 Industrial Truck and Tractor Operators, Peoria demonstrates a significant presence in this sector. The Location Quotient of 1.19 suggests that this occupation is more concentrated in Peoria than the national average, implying a robust and potentially growing demand for skilled operators within the local economy.
2024 Market Data

Salary Overview

$51,150

The average Industrial Truck and Tractor Operators in Peoria, IL earns+7.0%above the national average.

BreakdownBased on 40h/week
Hourly

$24.6

Weekly

$984

Monthly

$4,263

Industrial Truck and Tractor Operators Salary Distribution in Peoria, IL

Career progression for Industrial Truck and Tractor Operators in Peoria typically involves a salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and a proven track record can command salaries in the higher percentiles, reflecting their increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$37,080$17.8
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$38,363$18.4
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$50,940$24.5
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$63,938$30.7
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$63,420$30.5

Detailed Industrial Truck and Tractor Operators Market Analysis

Relocation Context

Nominal Salary

$51,150

Gross Pay

Real Wage (Purchasing Power)

$51,150

Adjusted for COL (100)

The average annual salary of $51,150 in Peoria, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an operator's salary in Peoria is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

1,030

Total Jobs

6.242

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, Peoria, IL has a slightly higher-than-average concentration of Industrial Truck and Tractor Operators roles compared to the national norm.

A Location Quotient of 1.19 signifies that Industrial Truck and Tractor Operators are 19% more concentrated in Peoria than in the average U.S. location. This suggests a favorable job market for these professionals, with potentially more opportunities and less intense competition compared to areas with a lower concentration.

Nearby Job Markets

Frequently Asked Questions

How much does a Industrial Truck and Tractor Operators make in Peoria, IL?

The median annual salary for a Industrial Truck and Tractor Operators in Peoria, IL is $51,150. This typically ranges from $37,080 for entry-level positions to $63,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 7.0% higher than the national median of $47,800.

Is Peoria, IL a lucrative place for Industrial Truck and Tractor Operators?

Yes, Peoria, IL offers a lucrative environment for Industrial Truck and Tractor Operators.Operators in Peoria earn above the national average salary, and the cost of living is on par with the national average, enhancing their effective earnings.

Is Peoria, IL a good place to live for Industrial Truck and Tractor Operators?

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 ($40,330) and West Central Illinois nonmetropolitan area.

How does the local workforce size impact job opportunities?

A local workforce of 1,030 indicates a substantial presence of Industrial Truck and Tractor Operators, suggesting a stable and active job market with ongoing demand for these roles.

What does a Location Quotient of 1.19 mean for job seekers?

A Location Quotient of 1.19 means the occupation is more concentrated in Peoria than nationally, implying a higher demand relative to other professions and potentially more job openings.

How does Peoria's cost of living compare to other cities?

Peoria's Cost of Living Index of 100 means it is exactly average compared to the national standard, making the local salary highly competitive in terms of purchasing power.

Are there many Industrial Truck and Tractor Operator jobs in Peoria?

With 6.242 jobs per 1,000 workers, Peoria shows a healthy representation of this role, indicating consistent employment opportunities within the local industrial sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,030 employees in the Peoria, IL area with a job density of 6.242 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.