Average Management Occupations Salary in East Central Illinois nonmetropolitan area
Management Occupations in the East Central Illinois nonmetropolitan area command an average annual salary of $111,580. This figure is notably below the national average of $143,930, reflecting the unique economic drivers and industry concentrations present in this specific region. Localized demand and the specific mix of industries significantly influence compensation levels compared to broader national trends.
Executive Summary
- Average Salary: $111,580 per year.
- Growth Trend: Salaries have shifted 32.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $189,400.
- Outlook: With a local workforce of 8,890 individuals in Management Occupations, the East Central Illinois nonmetropolitan area presents a stable, albeit not exceptionally concentrated, job market. The Location Quotient of 0.87 suggests that management roles are present at a rate slightly below the national average, indicating a moderate level of demand and a balanced supply of qualified professionals within the region.
Salary Overview
The average Management Occupations in East Central Illinois nonmetropolitan area earns-22.5%below the national average.
$53.6
$2,146
$9,298
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in regions like East Central Illinois have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for skilled leadership, and the evolving complexities of business operations, leading to incremental salary adjustments upwards.
Management Occupations Salary Distribution in East Central Illinois nonmetropolitan area
The salary landscape for Management Occupations is heavily influenced by experience. Entry-level positions typically start at lower percentiles, while senior management roles command significantly higher salaries, often reaching into the top 75th percentile and beyond. The widening gap between entry-level and senior compensation clearly signifies substantial career progression opportunities and the associated pay increases within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,260 | $22.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,685 | $40.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,850 | $46.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $139,475 | $67.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $189,400 | $91.1 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$111,580
Gross Pay
Real Wage (Purchasing Power)
$111,580
Adjusted for COL (100)
The average annual salary of $111,580 in East Central Illinois aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a management professional's salary in this region is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
8,890
Total Jobs
61.891
Per 1K Jobs
0.87
Location Quotient
East Central Illinois nonmetropolitan area has 0.87x the national average concentration of Management Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.87 for Management Occupations in East Central Illinois indicates that this sector is slightly less concentrated than the national average. This suggests that while management roles are integral to the local economy, the market is not saturated, potentially offering a competitive environment for skilled professionals seeking opportunities without facing extreme competition.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Management Occupations Salary | $141,900↑ 27% | 9 mi |
| Decatur, IL Management Occupations Salary | $127,420↑ 14% | 34 mi |
| Champaign-Urbana, IL Management Occupations Salary | $115,720↑ 4% | 41 mi |
| Peoria, IL Management Occupations Salary | $125,350↑ 12% | 43 mi |
| Springfield, IL Management Occupations Salary | $117,190↑ 5% | 53 mi |
Comparing salaries near East Central Illinois nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in East Central Illinois nonmetropolitan area?
The median annual salary for a Management Occupations in East Central Illinois nonmetropolitan area is $111,580. This typically ranges from $47,260 for entry-level positions to $189,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in East Central Illinois nonmetropolitan area is 22.5% lower than the national median of $143,930.
Is East Central Illinois nonmetropolitan area a lucrative place for Management Occupationss?
No, not as lucrative as the national average.While the average salary of $111,580 is substantial, it falls below the national average of $143,930. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is East Central Illinois nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in East Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near East Central Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($141,900) and Decatur, IL.
What is the average salary for Management Occupations in East Central Illinois?
The average annual salary for Management Occupations in the East Central Illinois nonmetropolitan area is $111,580.
How does the East Central Illinois salary compare to the national average?
The average salary in East Central Illinois ($111,580) is lower than the national average for Management Occupations ($143,930).
What is the Cost of Living Index in East Central Illinois?
The Cost of Living Index in East Central Illinois is 100, which is the national average.
How concentrated are Management Occupations jobs in this region?
The Location Quotient for Management Occupations is 0.87, indicating a slightly lower concentration compared to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,890 employees in the East Central Illinois nonmetropolitan area area with a job density of 61.891 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in East Central Illinois nonmetropolitan area