Average Machinists Salary in Peoria, IL
Machinists in Peoria, IL, earn an average annual salary of $54,150. This figure is slightly below the national average of $57,000, a common occurrence in regions with a specific industrial focus that may influence wage scales. Local economic factors and the demand within Peoria's manufacturing sector play a significant role in shaping this compensation.
Executive Summary
- Average Salary: $54,150 per year.
- Growth Trend: Salaries have shifted 17.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,240.
- Outlook: Peoria, IL, hosts a robust workforce of 480 Machinists, indicated by a Location Quotient of 1.5. This suggests a concentration of these roles significantly higher than the national average, pointing to a strong and established demand for skilled machinists within the local economy. The presence of nearly 3 Machinists per 1,000 workers further underscores the importance of this profession in the region's industrial landscape.
Salary Overview
The average Machinists in Peoria, IL earns-5.0%below the national average.
$26
$1,041
$4,513
Machinists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Machinist salaries in Peoria, IL, have experienced a steady upward trend over the past four years, mirroring national patterns of wage growth. Factors such as inflation, increased demand for skilled labor, and advancements in machining technology likely contribute to incremental salary increases for experienced professionals in this field.
Machinists Salary Distribution in Peoria, IL
Salary progression for Machinists in Peoria, IL, typically scales with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior Machinists with specialized skills and extensive experience can command significantly higher salaries. The percentile gaps in earnings clearly signify career progression, rewarding those who develop expertise and take on more complex responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $40,570 | $19.5 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,613 | $19.5 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $50,410 | $24.2 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $67,688 | $32.5 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $75,240 | $36.2 |
Detailed Machinists Market Analysis
Relocation Context
Nominal Salary
$54,150
Gross Pay
Real Wage (Purchasing Power)
$54,150
Adjusted for COL (100)
With an average annual salary of $54,150 and a Cost of Living Index of 100, Machinists in Peoria, IL, find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary in Peoria is comparable to the national average, offering a stable financial environment without significant cost advantages or disadvantages compared to other regions.
Job Market Context
480
Total Jobs
2.908
Per 1K Jobs
1.5
Location Quotient
Peoria, IL has 1.5x the national concentration of Machinists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 1.5 for Machinists in Peoria, IL, indicates a market that is 50% more concentrated than the national average. This suggests a competitive yet abundant job market where employers actively seek skilled machinists, and there is a solid pool of talent available. This concentration often points to specialized industries or a historical reliance on manufacturing within the region.
Nearby Job Markets
Nearby Cities for Machinists
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Machinists Salary | $69,750↑ 29% | 39 mi |
| West Central Illinois nonmetropolitan area Machinists Salary | $50,540↓ 7% | 43 mi |
| East Central Illinois nonmetropolitan area Machinists Salary | $50,520↓ 7% | 43 mi |
| Northwest Illinois nonmetropolitan area Machinists Salary | $49,920↓ 8% | 43 mi |
| South Illinois nonmetropolitan area Machinists Salary | $55,070↑ 2% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Machinistss?
Frequently Asked Questions
How much does a Machinists make in Peoria, IL?
The median annual salary for a Machinists in Peoria, IL is $54,150. This typically ranges from $40,570 for entry-level positions to $75,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 5.0% lower than the national median of $57,000.
Is Peoria, IL a lucrative place for Machinists?
Yes, with a stable cost of living.While the average salary is slightly below the national average, the strong concentration of Machinist roles and a cost of living index at the national average create a stable and predictable earning potential for professionals in this field.
Is Peoria, IL a good place to live for Machinists?
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 ($69,750) and West Central Illinois nonmetropolitan area.
How does the number of Machinists in Peoria compare nationally?
Peoria, IL has a total local workforce of 480 Machinists, with a concentration (Location Quotient) of 1.5, indicating a significantly higher presence of these roles compared to the national average.
What is the significance of the Jobs per 1,000 Workers metric?
The 2.908 jobs per 1,000 workers metric shows that for every thousand individuals in the workforce in Peoria, approximately three are employed as Machinists, highlighting the profession's local prevalence.
How does Peoria's cost of living affect Machinist salaries?
Peoria's Cost of Living Index is 100, which is the national average. This means the $54,150 average salary for Machinists has purchasing power equivalent to the national average, offering no significant cost-of-living advantage or disadvantage.
What does a Location Quotient of 1.5 mean for Machinists in Peoria?
A Location Quotient of 1.5 signifies that Machinists are more concentrated in Peoria, IL, than in the average U.S. location, suggesting a robust local industry demand for this specific trade.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Peoria, IL area with a job density of 2.908 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 Peoria, IL