Average Managers, All Other Salary in Bloomington, IL
Managers, All Other in Bloomington, IL earn an average annual salary of $146,730. This figure is slightly below the national average of $155,520, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Bloomington area. While not reaching the national benchmark, this salary reflects the value placed on these managerial roles within the local economy.
Executive Summary
- Average Salary: $146,730 per year.
- Growth Trend: Salaries have shifted 25.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,430.
- Outlook: With a total local workforce of 350 individuals in this category, Bloomington presents a moderately sized employment landscape for Managers, All Other. The Location Quotient of 0.95 indicates a concentration very close to the national average, suggesting a stable and consistent demand for these professionals. The presence of 3.88 jobs per 1,000 workers further reinforces the notion of a healthy, albeit not exceptionally concentrated, job market.
Salary Overview
The average Managers, All Other in Bloomington, IL earns-5.7%below the national average.
$70.5
$2,822
$12,228
Managers, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for 'Managers, All Other' across the nation, including in Bloomington, IL, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing responsibilities, and evolving market demands for managerial expertise. Such growth would likely see the current average salary of $146,730 increase incrementally year over year.
Managers, All Other Salary Distribution in Bloomington, IL
The salary range for Managers, All Other in Bloomington, IL, like elsewhere, is significantly influenced by experience. Entry-level positions typically command lower salaries, while senior roles with extensive leadership experience and a proven track record can earn substantially more. The percentile gaps between different experience levels highlight clear career progression pathways, allowing individuals to significantly increase their earning potential as they advance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $75,650 | $36.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,048 | $52.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $138,300 | $66.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $183,413 | $88.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,430 | $100.2 |
Detailed Managers, All Other Market Analysis
Relocation Context
Nominal Salary
$146,730
Gross Pay
Real Wage (Purchasing Power)
$146,730
Adjusted for COL (100)
The nominal average salary of $146,730 in Bloomington, IL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a manager's salary in Bloomington is equivalent to the national average. Consequently, the reported salary offers a standard of living comparable to the typical American city, without the added financial strain of a higher cost of living.
Job Market Context
350
Total Jobs
3.88
Per 1K Jobs
0.95
Location Quotient
Bloomington, IL has 0.95x the national average concentration of Managers, All Other 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 0.95 for Managers, All Other in Bloomington, IL, signifies that the concentration of these roles in the local workforce is nearly identical to the national average. This suggests a balanced job market where demand and supply are relatively stable. It indicates that while the opportunity exists, the market is not exceptionally saturated nor is it experiencing a significant shortage of these managerial professionals.
Nearby Job Markets
Nearby Cities for Managers, All Other
| City | Salary | Dist. |
|---|---|---|
| West Central Illinois nonmetropolitan area Managers, All Other Salary | $115,480↓ 21% | 9 mi |
| East Central Illinois nonmetropolitan area Managers, All Other Salary | $124,550↓ 15% | 9 mi |
| Northwest Illinois nonmetropolitan area Managers, All Other Salary | $129,670↓ 12% | 9 mi |
| South Illinois nonmetropolitan area Managers, All Other Salary | $122,240↓ 17% | 9 mi |
| Peoria, IL Managers, All Other Salary | $140,580↓ 4% | 39 mi |
Comparing salaries near Bloomington, IL
Hiring Managers, All Others?
Frequently Asked Questions
How much does a Managers, All Other make in Bloomington, IL?
The median annual salary for a Managers, All Other in Bloomington, IL is $146,730. This typically ranges from $75,650 for entry-level positions to $208,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IL is 5.7% lower than the national median of $155,520.
Is Bloomington, IL a lucrative place for Managers, All Others?
Yes, with a caveat regarding the national average.Bloomington, IL offers a competitive salary of $146,730 for Managers, All Other, which aligns with the national cost of living. While slightly below the national average salary, it provides equivalent purchasing power.
Is Bloomington, IL a good place to live for Managers, All Others?
The Cost of Living Index in Bloomington, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bloomington, IL?
Some top paying nearby cities include West Central Illinois nonmetropolitan area ($115,480) and East Central Illinois nonmetropolitan area.
How does the Bloomington salary compare to the national average?
The average salary for Managers, All Other in Bloomington, IL is $146,730, which is approximately 5.6% lower than the national average of $155,520.
What is the significance of the Location Quotient (LQ) of 0.95?
An LQ of 0.95 indicates that the proportion of Managers, All Other in Bloomington's workforce is very close to the national average. This suggests a stable and balanced job market for these roles.
How does the Cost of Living in Bloomington affect the salary?
With a Cost of Living Index of 100, Bloomington's cost of living is exactly at the national average. This means the $146,730 salary offers purchasing power equivalent to the national average.
What does 'Managers, All Other' typically encompass?
'Managers, All Other' is a broad occupational category that includes managers not classified elsewhere, often involving a wide range of supervisory and administrative duties across various industries.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Bloomington, IL area with a job density of 3.88 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Managers, All Other • Data source: BLS OEWS 2024 •Jobs in Bloomington, IL