In Peoria, IL, Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic professionals earn an average annual salary of $56,330. This figure significantly surpasses the national average of $50,190, indicating a robust local demand for these specialized skills. The higher compensation in Peoria can be attributed to a concentrated industry presence and specific regional economic factors driving up wages for skilled manufacturing roles.
Executive Summary
- Average Salary: $56,330 per year.
- Growth Trend: Salaries have shifted 20.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $57,820.
- Outlook: The job market for Lathe and Turning Machine Tool Setters, Operators, and Tenders in Peoria, IL, appears robust, supported by a local workforce of 280 individuals in this role. The high Location Quotient of 13.77 strongly suggests a significant concentration of these jobs relative to the national average, pointing towards a healthy and potentially growing demand within the region.
Salary Overview
The average Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Peoria, IL earns+12.2%above the national average.
$27.1
$1,083
$4,694
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Lathe and Turning Machine Tool Setters, Operators, and Tenders in Peoria, IL, have experienced growth over the past four years, mirroring national trends in manufacturing and skilled trades. Economic factors, inflation, and evolving industry demands typically contribute to a steady upward trajectory in compensation for such specialized roles.
Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Peoria, IL
Career progression for Lathe and Turning Machine Tool Setters, Operators, and Tenders in Peoria, IL, typically involves a salary scale that increases with experience. Entry-level positions may start closer to the lower end of the pay spectrum, while senior operators with extensive experience and specialized certifications can command significantly higher salaries. The percentile gaps in earnings clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $55,660 | $26.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $42,248 | $20.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $56,640 | $27.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $70,413 | $33.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $57,820 | $27.8 |
Detailed Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$56,330
Gross Pay
Real Wage (Purchasing Power)
$56,330
Adjusted for COL (100)
The average annual salary of $56,330 in Peoria, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the nominal salary earned by Lathe and Turning Machine Tool Setters, Operators, and Tenders in Peoria offers purchasing power equivalent to the national average, making it a stable financial environment for these professionals.
Job Market Context
280
Total Jobs
1.695
Per 1K Jobs
13.77
Location Quotient
Peoria, IL has 13.8x the national concentration of Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 13.77, Peoria, IL, exhibits an exceptionally high concentration of Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic professionals compared to the national average. This indicates a highly specialized and potentially competitive job market where employers actively seek this talent, offering a strong advantage to skilled individuals in the field.
Nearby Job Markets
Nearby Cities for Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic
| City | Salary | Dist. |
|---|---|---|
| Northwest Illinois nonmetropolitan area Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary | $47,350↓ 16% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Frequently Asked Questions
How much does a Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic make in Peoria, IL?
The median annual salary for a Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Peoria, IL is $56,330. This typically ranges from $55,660 for entry-level positions to $57,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 12.2% higher than the national median of $50,190.
Is Peoria, IL a lucrative place for Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Yes, Peoria, IL is a lucrative place for these professionals.The average salary of $56,330 significantly exceeds the national average, and the high concentration of these jobs (LQ 13.77) indicates strong regional demand.
Is Peoria, IL a good place to live for Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
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 Northwest Illinois nonmetropolitan area ($47,350) and others.
How does the local workforce size affect job prospects?
A local workforce of 280 suggests a substantial, established presence of these roles in Peoria, IL, indicating consistent opportunities for both new entrants and experienced professionals.
What does a Location Quotient of 13.77 mean for job seekers?
A Location Quotient of 13.77 signifies that these jobs are over 13 times more concentrated in Peoria than the national average, pointing to high demand and specialized industry needs.
How does the cost of living in Peoria compare nationally?
Peoria's Cost of Living Index is 100, exactly matching the national average, meaning your salary of $56,330 will have purchasing power equivalent to the national average.
Are there opportunities for career growth in this role in Peoria?
Yes, the salary distribution typically shows significant increases from entry-level to senior positions, reflecting clear pathways for career advancement and higher earning potential within this field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Peoria, IL area with a job density of 1.695 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Lathe and Turning Machine Tool Setters, Operators, and Tenders, Metal and Plastic • Data source: BLS OEWS 2024 •Jobs in Peoria, IL