SalaryNode

Average Managers, All Other Salary in Champaign-Urbana, IL

Managers, All Other in Champaign-Urbana, IL, earn an average annual salary of $129,510. This figure is notably below the national average of $155,520, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation within this region. While the nominal salary is lower than the national benchmark, understanding the local economic landscape is crucial for a complete picture.

Executive Summary

  • Average Salary: $129,510 per year.
  • Growth Trend: Salaries have shifted 22.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $208,260.
  • Outlook: The Champaign-Urbana market for Managers, All Other, comprises a local workforce of 310 individuals. With a Location Quotient of 0.72, this indicates a slightly lower concentration of these roles compared to the national average. While not indicating a booming demand, the presence of nearly 3 jobs per 1,000 workers suggests a stable, albeit not exceptionally high, level of opportunity within the area.
2024 Market Data

Salary Overview

$129,510

The average Managers, All Other in Champaign-Urbana, IL earns-16.7%below the national average.

BreakdownBased on 40h/week
Hourly

$62.3

Weekly

$2,491

Monthly

$10,793

Managers, All Other Salary Distribution in Champaign-Urbana, IL

Salary progression for Managers, All Other, typically scales significantly with experience. Entry-level positions might start at a lower percentile, while senior or highly specialized roles command top-tier compensation. The percentile gaps in salary distribution reflect the value placed on accumulated expertise, leadership capabilities, and a proven track record of success, allowing for substantial career advancement and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,410$30.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$97,133$46.7
ManagerOversees team, compliance, and project delivery.50% (Median)$118,070$56.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$161,888$77.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$208,260$100.1

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$129,510

Gross Pay

Real Wage (Purchasing Power)

$129,510

Adjusted for COL (100)

The average annual salary of $129,510 in Champaign-Urbana, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of this salary is equivalent to the national average, offering a balanced financial standing for residents without the premium or discount often associated with higher or lower cost-of-living areas.

Job Market Context

310

Total Jobs

2.939

Per 1K Jobs

0.72

Location Quotient

Below Average

Champaign-Urbana, IL has 0.72x 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 0.72 for Managers, All Other, in Champaign-Urbana signifies that this occupation is less concentrated locally than it is nationally. This suggests that while the role exists and is filled, the market may not be saturated, potentially offering a competitive environment for skilled professionals seeking opportunities. It implies that the demand is present but not overwhelmingly abundant compared to the national landscape.

Nearby Job Markets

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Champaign-Urbana, IL?

The median annual salary for a Managers, All Other in Champaign-Urbana, IL is $129,510. This typically ranges from $63,410 for entry-level positions to $208,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 16.7% lower than the national median of $155,520.

Is Champaign-Urbana, IL a lucrative place for Managers, All Other?

No, not exceptionally lucrative compared to the national average.While the average salary of $129,510 is substantial, it falls below the national average of $155,520, indicating less lucrative compensation. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Champaign-Urbana, IL a good place to live for Managers, All Others?

The Cost of Living Index in Champaign-Urbana, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($133,360) and West Central Illinois nonmetropolitan area.

How does the local workforce size affect management roles in Champaign-Urbana?

The local workforce of 310 for Managers, All Other, suggests a moderate presence of these roles. While not a massive market, it indicates consistent demand and opportunities for professionals within this specific segment of the Champaign-Urbana economy.

What does a Location Quotient of 0.72 mean for job seekers?

A Location Quotient of 0.72 implies that Managers, All Other, are less common in Champaign-Urbana than the national average. This could mean fewer available positions but potentially less competition for those seeking roles.

How does the cost of living impact the $129,510 salary?

With a Cost of Living Index of 100, the $129,510 salary in Champaign-Urbana has the same purchasing power as the national average salary. This offers a stable financial environment for residents.

Are there many management job opportunities in Champaign-Urbana?

With 2.939 jobs per 1,000 workers, there are a steady number of management opportunities available. While not as concentrated as the national average, it signifies a consistent demand for these roles in the local job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 310 employees in the Champaign-Urbana, IL area with a job density of 2.939 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.