Average Management Occupations Salary in Northwest Illinois nonmetropolitan area
In the Northwest Illinois nonmetropolitan area, Management Occupations professionals earn an average annual salary of $108,800. This figure is notably below the national average of $143,930, a disparity often influenced by regional economic factors and the specific industry mix prevalent in nonmetropolitan settings.
Executive Summary
- Average Salary: $108,800 per year.
- Growth Trend: Salaries have shifted 14.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $180,790.
- Outlook: With a local workforce of 8,500 individuals in Management Occupations and a Location Quotient of 0.93, the job market in Northwest Illinois nonmetropolitan area indicates a demand for management roles that is nearly on par with the national average. This suggests a stable, albeit not rapidly expanding, employment landscape for these professionals within the region.
Salary Overview
The average Management Occupations in Northwest Illinois nonmetropolitan area earns-24.4%below the national average.
$52.3
$2,092
$9,067
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Management Occupations in Northwest Illinois nonmetropolitan area have experienced gradual growth over the past four years, mirroring broader economic trends and inflation adjustments. This steady progression likely reflects an ongoing need for skilled management professionals to support regional businesses.
Management Occupations Salary Distribution in Northwest Illinois nonmetropolitan area
Salary progression for Management Occupations typically scales significantly with experience. Entry-level positions might command salaries closer to the lower percentiles, while senior and executive roles, representing the higher percentiles, can substantially exceed the average. These percentile gaps highlight clear career advancement pathways and the increasing value placed on seasoned leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $44,880 | $21.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $81,600 | $39.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $95,340 | $45.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $136,000 | $65.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $180,790 | $86.9 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$108,800
Gross Pay
Real Wage (Purchasing Power)
$108,800
Adjusted for COL (100)
The average annual salary of $108,800 in Northwest Illinois nonmetropolitan area 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 that of someone earning the national average in a location with average living expenses.
Job Market Context
8,500
Total Jobs
66.174
Per 1K Jobs
0.93
Location Quotient
Northwest Illinois nonmetropolitan area has 0.93x 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 0.93 for Management Occupations in Northwest Illinois nonmetropolitan area suggests that the concentration of these jobs is slightly below the national average. This indicates a competitive market where opportunities exist but may require proactive searching, as the field is not disproportionately represented compared to other regions.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Management Occupations Salary | $141,900↑ 30% | 9 mi |
| Decatur, IL Management Occupations Salary | $127,420↑ 17% | 34 mi |
| Champaign-Urbana, IL Management Occupations Salary | $115,720↑ 6% | 41 mi |
| Peoria, IL Management Occupations Salary | $125,350↑ 15% | 43 mi |
| Springfield, IL Management Occupations Salary | $117,190↑ 8% | 53 mi |
Comparing salaries near Northwest Illinois nonmetropolitan area
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Northwest Illinois nonmetropolitan area?
The median annual salary for a Management Occupations in Northwest Illinois nonmetropolitan area is $108,800. This typically ranges from $44,880 for entry-level positions to $180,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Illinois nonmetropolitan area is 24.4% lower than the national median of $143,930.
Is Northwest Illinois nonmetropolitan area a lucrative place for Management Occupationss?
No, not exceptionally lucrative compared to national averages.While the average salary of $108,800 is substantial, it falls significantly short of the national average of $143,930. However, the cost of living being at the national average means the salary's purchasing power is standard.
Is Northwest Illinois nonmetropolitan area a good place to live for Management Occupations?
The Cost of Living Index in Northwest Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Illinois nonmetropolitan area?
Some top paying nearby cities include Bloomington, IL ($141,900) and Decatur, IL.
How does the number of management jobs per 1,000 workers compare nationally?
With 66.174 jobs per 1,000 workers, Northwest Illinois nonmetropolitan area has a slightly lower concentration of management roles compared to the national average, which would be approximately 66.174 if the Location Quotient were exactly 1.0.
What is the total number of management professionals in this region?
The total local workforce for Management Occupations in the Northwest Illinois nonmetropolitan area comprises approximately 8,500 individuals.
Does the Location Quotient of 0.93 indicate a strong job market?
A Location Quotient of 0.93 suggests that the presence of Management Occupations in this region is slightly less concentrated than the national average. This implies a stable but not overly saturated job market for these roles.
How does the cost of living impact the $108,800 salary?
With a Cost of Living Index of 100, the $108,800 salary offers purchasing power equivalent to the national average. This means that while the nominal salary is lower than the national average, its real value is maintained by the standard cost of living.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,500 employees in the Northwest Illinois nonmetropolitan area area with a job density of 66.174 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 Northwest Illinois nonmetropolitan area