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Average Management Occupations Salary in Illinois

Management Occupations in Illinois command an average annual salary of $139,280, slightly below the national average of $143,930. This localized compensation reflects a complex interplay of industry demand, regional economic factors, and the state's overall business environment, which influences how employers structure their pay scales for leadership roles.

Executive Summary

  • Average Salary: $139,280 per year.
  • Growth Trend: Salaries have shifted 11.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $228,870.
  • Outlook: With a substantial total local workforce of 535,120 individuals, Illinois demonstrates a significant labor market. The Location Quotient of 1.24 indicates that Management Occupations are more concentrated in Illinois than the national average, suggesting a robust demand and a well-established presence for these roles within the state's economy.
2024 Market Data

Salary Overview

$139,280

The average Management Occupations in Illinois earns-3.2%below the national average.

BreakdownBased on 40h/week
Hourly

$67

Weekly

$2,678

Monthly

$11,607

Management Occupations Salary Distribution in Illinois

Salary progression for Management Occupations in Illinois typically scales significantly with experience. Entry-level positions might start at a lower percentile, while senior management roles can command salaries well into the upper percentiles. The widening gap between entry-level and senior salaries clearly signifies substantial career progression opportunities and the increasing value placed on seasoned leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,130$27.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$104,460$50.2
ManagerOversees team, compliance, and project delivery.50% (Median)$123,140$59.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$174,100$83.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$228,870$110

Detailed Management Occupations Market Analysis

Relocation Context

Nominal Salary

$139,280

Gross Pay

Real Wage (Purchasing Power)

$151,721

Adjusted for COL (91.8)

The average annual salary of $139,280 in Illinois presents a favorable financial picture when considered against the state's Cost of Living Index of 91.8. This index is below the national average of 100, meaning that the purchasing power of an Illinois salary is relatively stronger, allowing for a potentially higher standard of living compared to more expensive regions.

Job Market Context

535,120

Total Jobs

88.228

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Illinois has a slightly higher-than-average concentration of Management Occupations roles compared to the national norm.

Illinois's Location Quotient of 1.24 for Management Occupations signifies a higher concentration of these roles compared to the national average. This suggests that the job market for management professionals in Illinois is not only active but potentially more competitive, with employers actively seeking and retaining skilled leaders, indicating a healthy demand for this profession.

Nearby Job Markets

Nearby Cities for Management Occupations

CitySalaryDist.
Bloomington, IL Management Occupations Salary$141,900↑ 2%9 mi
Decatur, IL Management Occupations Salary$127,420↓ 9%34 mi
Champaign-Urbana, IL Management Occupations Salary$115,720↓ 17%41 mi
Peoria, IL Management Occupations Salary$125,350↓ 10%43 mi
Springfield, IL Management Occupations Salary$117,190↓ 16%53 mi

Comparing salaries near Illinois

Hiring Management Occupationss?

Frequently Asked Questions

How much does a Management Occupations make in Illinois?

The median annual salary for a Management Occupations in Illinois is $139,280. This typically ranges from $58,130 for entry-level positions to $228,870 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 3.2% lower than the national median of $143,930.

Is Illinois a lucrative place for Management Occupations?

Yes, with a caveat regarding the national average.Illinois offers a strong average salary of $139,280 for Management Occupations, which is competitive, especially considering the lower cost of living.

Is Illinois a good place to live for Management Occupations?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Illinois?

Some top paying nearby cities include Bloomington, IL ($141,900) and Decatur, IL.

How does Illinois's management salary compare to the national average?

The average annual salary for Management Occupations in Illinois is $139,280, which is slightly lower than the national average of $143,930.

What is the concentration of Management Occupations in Illinois?

Illinois has a Location Quotient of 1.24 for Management Occupations, indicating that these roles are more concentrated in the state than the national average.

How does the cost of living in Illinois affect the salary?

With a Cost of Living Index of 91.8, Illinois is more affordable than the national average (100), meaning the $139,280 salary offers good purchasing power.

How many management jobs are there per 1,000 workers in Illinois?

There are approximately 88.228 Management Occupations jobs per 1,000 workers in Illinois, reflecting a significant presence in the state's workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 535,120 employees in the Illinois area with a job density of 88.228 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Illinois