Average Machinists Salary in Chicago-Naperville-Elgin, IL-IN
Machinists in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $59,080, surpassing the national average of $57,000. This elevated compensation is often driven by the region's robust industrial base and demand for skilled manufacturing professionals, reflecting the specific economic landscape of this dynamic area.
Executive Summary
- Average Salary: $59,080 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $81,850.
- Outlook: With a substantial local workforce of 10,500 Machinists and a Location Quotient of 1.21, the Chicago-Naperville-Elgin area demonstrates a significant concentration of these roles compared to the national average. This indicates a robust job market with a demand that outpaces the general distribution of the profession, suggesting a healthy environment for current and prospective Machinists.
Salary Overview
The average Machinists in Chicago-Naperville-Elgin, IL-IN earns+3.6%above the national average.
$28.4
$1,136
$4,923
Machinists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Machinists in the Chicago-Naperville-Elgin, IL-IN area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, technological advancements in machining, and increasing demand for precision manufacturing likely contribute to a positive salary trajectory for skilled professionals in this field.
Machinists Salary Distribution in Chicago-Naperville-Elgin, IL-IN
The career path for Machinists typically shows a clear salary progression based on experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. These percentile gaps are indicative of the value placed on expertise and the career advancement opportunities available within the Machinist profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,440 | $18 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $44,310 | $21.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $57,470 | $27.6 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $73,850 | $35.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $81,850 | $39.4 |
Detailed Machinists Market Analysis
Relocation Context
Nominal Salary
$59,080
Gross Pay
Real Wage (Purchasing Power)
$59,080
Adjusted for COL (100)
The average annual salary of $59,080 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Machinist's salary in this region is equivalent to the national standard, offering a stable financial standing without the immediate pressure of higher living expenses.
Job Market Context
10,500
Total Jobs
2.346
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Machinists roles compared to the national norm.
A Location Quotient of 1.21 signifies that Machinists are more concentrated in the Chicago-Naperville-Elgin, IL-IN area than the national average. This suggests a competitive yet abundant job market, where employers actively seek skilled individuals, and professionals have a good selection of opportunities, potentially leading to better negotiation power for experienced candidates.
Nearby Job Markets
Nearby Cities for Machinists
| City | Salary | Dist. |
|---|---|---|
| Michigan City-La Porte, IN Machinists Salary | $49,760↓ 16% | 41 mi |
| Kenosha, WI Machinists Salary | $55,470↓ 6% | 51 mi |
| Kankakee, IL Machinists Salary | $57,050↓ 3% | 55 mi |
| Racine-Mount Pleasant, WI Machinists Salary | $52,180↓ 12% | 59 mi |
| Niles, MI Machinists Salary | $50,140↓ 15% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
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Frequently Asked Questions
How much does a Machinists make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Machinists in Chicago-Naperville-Elgin, IL-IN is $59,080. This typically ranges from $37,440 for entry-level positions to $81,850 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 3.6% higher than the national median of $57,000.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Machinists?
Yes, Chicago-Naperville-Elgin, IL-IN is a lucrative place for Machinists.The average salary of $59,080 exceeds the national average, and the cost of living is on par with the national index, indicating strong earning potential.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Machinists?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Michigan City-La Porte, IN ($49,760) and Kenosha, WI.
How does the Machinist job market compare nationally in Chicago?
The Chicago-Naperville-Elgin, IL-IN area has a higher concentration of Machinists than the national average, with a Location Quotient of 1.21, suggesting a robust local demand.
What is the average salary for a Machinist in Chicago?
The average annual salary for a Machinist in the Chicago-Naperville-Elgin, IL-IN metropolitan area is $59,080.
How does the cost of living in Chicago affect Machinist salaries?
The cost of living in Chicago-Naperville-Elgin, IL-IN is at the national average (100), meaning the $59,080 salary offers purchasing power equivalent to the national median.
What is the total number of Machinists in the Chicago area?
There are approximately 10,500 Machinists employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,500 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 2.346 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Machinists • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN