Average Installation, Maintenance, and Repair Occupations Salary in Peoria, IL
In Peoria, IL, professionals in Installation, Maintenance, and Repair Occupations earn an average annual salary of $61,830. This figure is slightly above the national average of $61,410, indicating a stable and competitive market for these essential roles. Local economic factors and demand within the region contribute to this favorable compensation.
Executive Summary
- Average Salary: $61,830 per year.
- Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $94,750.
- Outlook: With a local workforce of 6,910 individuals in Installation, Maintenance, and Repair Occupations, Peoria demonstrates a significant concentration of these professionals, as evidenced by a Location Quotient of 1.07. This suggests that the demand for these skills is at least on par with, if not slightly exceeding, the national average, pointing to a robust job market.
Salary Overview
The average Installation, Maintenance, and Repair Occupations in Peoria, IL earns+0.7%above the national average.
$29.7
$1,189
$5,153
Installation, Maintenance, and Repair Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Installation, Maintenance, and Repair Occupations in Peoria have seen consistent growth over the past four years, mirroring national trends. This upward trajectory is driven by inflation, increasing demand for skilled trades, and the ongoing need for infrastructure upkeep and technological installations.
Installation, Maintenance, and Repair Occupations Salary Distribution in Peoria, IL
Career progression within Installation, Maintenance, and Repair Occupations in Peoria, IL, typically involves a significant salary increase from entry-level to senior positions. While exact figures vary, the gap between the lowest and highest earners often signifies the value placed on specialized skills, extensive experience, and leadership responsibilities, reflecting a clear path for career advancement.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $36,310 | $17.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $46,373 | $22.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $59,460 | $28.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $77,288 | $37.2 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $94,750 | $45.6 |
Detailed Installation, Maintenance, and Repair Occupations Market Analysis
Relocation Context
Nominal Salary
$61,830
Gross Pay
Real Wage (Purchasing Power)
$61,830
Adjusted for COL (100)
The nominal average annual salary of $61,830 in Peoria, IL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the salary is equivalent to the national average, offering residents a stable financial standing without the premium often associated with higher cost-of-living areas.
Job Market Context
6,910
Total Jobs
41.835
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Peoria, IL has a slightly higher-than-average concentration of Installation, Maintenance, and Repair Occupations roles compared to the national norm.
A Location Quotient of 1.07 for Installation, Maintenance, and Repair Occupations in Peoria indicates a market that is slightly more concentrated than the national average. This suggests a healthy demand for these roles, potentially offering more opportunities and competitive compensation compared to areas with lower concentration, though it doesn't necessarily imply an oversaturated market.
Nearby Job Markets
Nearby Cities for Installation, Maintenance, and Repair Occupations
Comparing salaries near Peoria, IL
Hiring Installation, Maintenance, and Repair Occupationss?
Frequently Asked Questions
How much does a Installation, Maintenance, and Repair Occupations make in Peoria, IL?
The median annual salary for a Installation, Maintenance, and Repair Occupations in Peoria, IL is $61,830. This typically ranges from $36,310 for entry-level positions to $94,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 0.7% higher than the national median of $61,410.
Is Peoria, IL a lucrative place for Installation, Maintenance, and Repair Occupationss?
Yes, Peoria, IL offers a competitive environment for these roles.The average salary of $61,830 slightly surpasses the national average, and the cost of living is exactly at the national benchmark, making it a financially sound location.
Is Peoria, IL a good place to live for Installation, Maintenance, and Repair Occupations?
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 ($59,340) and West Central Illinois nonmetropolitan area.
How does the number of jobs per 1,000 workers compare nationally?
Peoria, IL has 41.835 jobs per 1,000 workers in Installation, Maintenance, and Repair Occupations, which is a strong indicator of local demand relative to the workforce size.
What is the significance of the Location Quotient (LQ) being 1.07?
An LQ of 1.07 means that Peoria has 7% more of these jobs relative to its workforce compared to the national average, suggesting a slightly higher concentration and demand for these roles locally.
Does experience significantly impact salary in this field in Peoria?
Yes, as in most fields, experience is a key driver of salary. Senior roles requiring specialized knowledge and extensive experience command higher compensation than entry-level positions.
How does the cost of living affect the $61,830 salary?
With a Cost of Living Index of 100, the $61,830 salary in Peoria has the same purchasing power as the national average salary, indicating a balanced economic environment for residents.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 6,910 employees in the Peoria, IL area with a job density of 41.835 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Installation, Maintenance, and Repair Occupations • Data source: BLS OEWS 2024 •Jobs in Peoria, IL