Average Management Occupations Salary in Rockford, IL
In Rockford, IL, professionals in Management Occupations can expect an average annual salary of $116,210. This figure is notably below the national average of $143,930, reflecting the localized economic dynamics and specific industry demands within the region. Factors such as the concentration of specific industries and the overall economic health of Rockford contribute to this salary differential.
Executive Summary
- Average Salary: $116,210 per year.
- Growth Trend: Salaries have shifted 17.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $190,380.
- Outlook: Rockford, IL supports a substantial workforce of 9,010 individuals in Management Occupations. With a Location Quotient of 0.91, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally dense market. The presence of 64.697 management jobs per 1,000 workers suggests a consistent demand for leadership and operational expertise within the local economy.
Salary Overview
The average Management Occupations in Rockford, IL earns-19.3%below the national average.
$55.9
$2,235
$9,684
Management Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Management Occupations in Rockford, like most regions, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increased demand for skilled management professionals, and the evolving complexity of business operations, leading to incremental salary increases.
Management Occupations Salary Distribution in Rockford, IL
The salary spectrum for Management Occupations in Rockford, IL, naturally widens with experience. Entry-level positions will command lower salaries, while senior leadership roles, requiring extensive experience and specialized skills, will reach significantly higher compensation levels. The percentile gaps between these levels are indicative of the career progression and the increasing value placed on seasoned management expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,720 | $25.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $87,158 | $41.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,090 | $48.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $145,263 | $69.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $190,380 | $91.5 |
Detailed Management Occupations Market Analysis
Relocation Context
Nominal Salary
$116,210
Gross Pay
Real Wage (Purchasing Power)
$116,210
Adjusted for COL (100)
An average annual salary of $116,210 in Rockford, IL, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a Rockford-based management salary is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.
Job Market Context
9,010
Total Jobs
64.697
Per 1K Jobs
0.91
Location Quotient
Rockford, IL has 0.91x 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.
The Location Quotient of 0.91 for Management Occupations in Rockford, IL, suggests that the presence of these roles is nearly on par with the national average. This indicates a competitive job market where opportunities exist but are not overwhelmingly abundant compared to national hubs, requiring professionals to be well-qualified and potentially proactive in their job search.
Nearby Job Markets
Nearby Cities for Management Occupations
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Management Occupations Salary | $133,500↑ 15% | 30 mi |
| Madison, WI Management Occupations Salary | $141,170↑ 21% | 59 mi |
| Kenosha, WI Management Occupations Salary | $134,580↑ 16% | 65 mi |
| Racine-Mount Pleasant, WI Management Occupations Salary | $126,200↑ 9% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Management Occupations Salary | $146,000↑ 26% | 78 mi |
Comparing salaries near Rockford, IL
Hiring Management Occupationss?
Frequently Asked Questions
How much does a Management Occupations make in Rockford, IL?
The median annual salary for a Management Occupations in Rockford, IL is $116,210. This typically ranges from $52,720 for entry-level positions to $190,380 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 19.3% lower than the national median of $143,930.
Is Rockford, IL a lucrative place for Management Occupationss?
No, but it offers good value.While the average salary of $116,210 is below the national average, the cost of living in Rockford is also at the national average, meaning your earnings have equivalent purchasing power.
Is Rockford, IL a good place to live for Management Occupations?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($133,500) and Madison, WI.
How does Rockford's management salary compare to the national average?
The average annual salary for Management Occupations in Rockford, IL is $116,210, which is lower than the national average of $143,930.
What is the cost of living in Rockford, IL for management professionals?
Rockford, IL has a Cost of Living Index of 100, which is exactly the national average, making it neither significantly more nor less expensive than the rest of the country.
How concentrated are management jobs in Rockford compared to the US?
The Location Quotient for Management Occupations in Rockford is 0.91, indicating a slightly lower concentration of these jobs compared to the national average.
How many management jobs are there per 1,000 workers in Rockford?
There are approximately 64.7 management jobs per 1,000 workers in Rockford, IL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,010 employees in the Rockford, IL area with a job density of 64.697 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 Rockford, IL