Average Management Occupations Salary in Kankakee, IL
In Kankakee, IL, professionals in Management Occupations can expect an average annual salary of $109,640. This figure is notably below the national average of $143,930, reflecting the unique economic dynamics and industry landscape of the Kankakee region. Local factors, including industry concentration and demand, play a significant role in shaping compensation for these vital roles.
Executive Summary
- Average Salary: $109,640 per year.
- Growth Trend: Salaries have shifted 13.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $174,990.
- Outlook: The Kankakee, IL market for Management Occupations is moderately sized, with a total local workforce of 2,710 individuals in this sector. A Location Quotient of 0.9 suggests that management roles are present at a rate very close to the national average, indicating a stable, albeit not exceptionally concentrated, demand for these positions within the local economy.
Salary Overview
The average Management Occupations in Kankakee, IL earns-23.8%below the national average.
$52.7
$2,108
$9,137
Management Occupations Salary Trends (2020-2024)
While specific historical data for Kankakee's management sector isn't provided, it's reasonable to assume a general trend of salary growth mirroring national patterns over the past four years. Economic shifts and evolving business needs typically drive incremental increases in compensation for management roles, reflecting both inflation and increased demand for skilled leadership.
Management Occupations Salary Distribution in Kankakee, IL
Salary progression within Management Occupations in Kankakee, IL, is significantly influenced by experience and specialization. Entry-level management positions will naturally command lower salaries, while senior executives with extensive experience and proven track records can expect compensation well above the average. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,780 | $23.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,230 | $39.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,550 | $46.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $137,050 | $65.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $174,990 | $84.1 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$109,640
Gross Pay
Real Wage (Purchasing Power)
$109,640
Adjusted for COL (100)
The average annual salary of $109,640 in Kankakee, IL, aligns perfectly with the local Cost of Living Index of 100, which is also the national average. This means that the purchasing power of a management professional's salary in Kankakee is equivalent to the national standard, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
2,710
Total Jobs
63.826
Per 1K Jobs
0.9
Location Quotient
Kankakee, IL has 0.90x 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.
With a Location Quotient of 0.9, the Kankakee, IL market for Management Occupations is nearly on par with the national average in terms of concentration. This suggests a balanced job market where management roles are readily available but not overwhelmingly abundant, indicating a competitive yet accessible landscape for both employers seeking talent and professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN Management Occupations Salary | $146,000↑ 33% | 55 mi |
| Michigan City-La Porte, IN Management Occupations Salary | $113,570↑ 4% | 66 mi |
| Champaign-Urbana, IL Management Occupations Salary | $115,720↑ 6% | 72 mi |
| Lafayette-West Lafayette, IN Management Occupations Salary | $124,960↑ 14% | 72 mi |
| Bloomington, IL Management Occupations Salary | $141,900↑ 29% | 72 mi |
Comparing salaries near Kankakee, IL
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Kankakee, IL?
The median annual salary for a Management Occupations in Kankakee, IL is $109,640. This typically ranges from $49,780 for entry-level positions to $174,990 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kankakee, IL is 23.8% lower than the national median of $143,930.
Is Kankakee, IL a lucrative place for Management Occupationss?
No, Kankakee, IL is not a particularly lucrative place for Management Occupations compared to the national average.The average salary of $109,640 is significantly lower than the national average of $143,930. However, the cost of living is also at the national average, meaning the nominal salary's purchasing power is comparable.
Is Kankakee, IL a good place to live for Management Occupations?
The Cost of Living Index in Kankakee, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Kankakee, IL?
Some top paying nearby cities include Chicago-Naperville-Elgin, IL-IN ($146,000) and Michigan City-La Porte, IN.
How does Kankakee's management salary compare to the national average?
The average annual salary for Management Occupations in Kankakee, IL is $109,640, which is considerably lower than the national average of $143,930.
What is the concentration of management jobs in Kankakee, IL?
Kankakee, IL has a Location Quotient of 0.9 for Management Occupations, indicating that the concentration of these jobs is slightly below the national average.
Does the cost of living in Kankakee affect the value of the management salary?
No, the cost of living in Kankakee is at the national average (100), meaning the $109,640 salary offers purchasing power equivalent to the national average salary in a national average cost of living area.
How many management jobs are there per 1,000 workers in Kankakee, IL?
There are approximately 63.826 management jobs per 1,000 workers in Kankakee, IL, reflecting the local employment structure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,710 employees in the Kankakee, IL area with a job density of 63.826 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Management Occupations Salaries by State
Top Jobs in Kankakee, IL
- All Occupations Salary in Kankakee, IL
- Healthcare Practitioners and Technical Occupations Salary in Kankakee, IL
- Office and Administrative Support Occupations Salary in Kankakee, IL
- Food Preparation and Serving Related Occupations Salary in Kankakee, IL
- Transportation and Material Moving Occupations Salary in Kankakee, IL
- Production Occupations Salary in Kankakee, IL
- Sales and Related Occupations Salary in Kankakee, IL
- Educational Instruction and Library Occupations Salary in Kankakee, IL
- Management Occupations Salary in Kankakee, IL
- Healthcare Support Occupations Salary in Kankakee, IL
- Browse All Jobs in Kankakee, IL →
Semantic Salary Analysis for Management Occupations • Data source: BLS OEWS 2024 •Jobs in Kankakee, IL