SalaryNode

Average Managers, All Other Salary in Peoria, IL

Managers, All Other in Peoria, IL earn an average annual salary of $140,580. This figure is notably below the national average of $155,520, suggesting that local economic factors and industry demand play a significant role in compensation within this specific geographic area.

Executive Summary

  • Average Salary: $140,580 per year.
  • Growth Trend: Salaries have shifted 28.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $207,280.
  • Outlook: With a local workforce of 840 individuals in this role and a Location Quotient of 1.24, Peoria demonstrates a slightly higher concentration of these management positions compared to the national average. This indicates a stable, albeit not exceptionally booming, demand for these professionals within the region's economic landscape.
2024 Market Data

Salary Overview

$140,580

The average Managers, All Other in Peoria, IL earns-9.6%below the national average.

BreakdownBased on 40h/week
Hourly

$67.6

Weekly

$2,703

Monthly

$11,715

Managers, All Other Salary Distribution in Peoria, IL

Salary progression for Managers, All Other typically scales significantly with experience. Entry-level positions might start considerably lower than the average, while senior or highly specialized roles can command salaries well above $140,580. The percentile gaps between different experience levels underscore the substantial career advancement opportunities available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$76,140$36.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$105,435$50.7
ManagerOversees team, compliance, and project delivery.50% (Median)$127,330$61.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$175,725$84.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$207,280$99.7

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$140,580

Gross Pay

Real Wage (Purchasing Power)

$140,580

Adjusted for COL (100)

The nominal average salary of $140,580 in Peoria, IL aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary in Peoria is equivalent to the national average, offering a stable financial standing for managers residing in the area.

Job Market Context

840

Total Jobs

5.081

Per 1K Jobs

1.24

Location Quotient

Above Average

With a location quotient of 1.24, Peoria, IL has a slightly higher-than-average concentration of Managers, All Other roles compared to the national norm.

A Location Quotient of 1.24 signifies that Managers, All Other are 24% more concentrated in Peoria, IL than the national average. This suggests a healthy presence and potentially competitive market for these roles, indicating that employers actively seek and retain management talent within the region.

Nearby Job Markets

Nearby Cities for Managers, All Other

CitySalaryDist.
Bloomington, IL Managers, All Other Salary$146,730↑ 4%39 mi
West Central Illinois nonmetropolitan area Managers, All Other Salary$115,480↓ 18%43 mi
East Central Illinois nonmetropolitan area Managers, All Other Salary$124,550↓ 11%43 mi
Northwest Illinois nonmetropolitan area Managers, All Other Salary$129,670↓ 8%43 mi
South Illinois nonmetropolitan area Managers, All Other Salary$122,240↓ 13%43 mi

Comparing salaries near Peoria, IL

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in Peoria, IL?

The median annual salary for a Managers, All Other in Peoria, IL is $140,580. This typically ranges from $76,140 for entry-level positions to $207,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 9.6% lower than the national median of $155,520.

Is Peoria, IL a lucrative place for Managers, All Other?

Yes, with caveats.While the average salary is below the national average, the cost of living is also at the national average, making the nominal salary hold its value. The higher concentration of these roles suggests consistent demand.

Is Peoria, IL a good place to live for Managers, All Others?

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

Where are the highest paying cities near Peoria, IL?

Some top paying nearby cities include Bloomington, IL ($146,730) and West Central Illinois nonmetropolitan area.

How does the Peoria salary compare to the national average?

The average salary for Managers, All Other in Peoria, IL is $140,580, which is $14,940 less than the national average of $155,520.

What is the significance of the Location Quotient in Peoria?

A Location Quotient of 1.24 indicates that Managers, All Other are more concentrated in Peoria than the national average, suggesting a stronger local presence and demand for these roles.

How does the Cost of Living in Peoria affect the salary?

With a Cost of Living Index of 100, Peoria is at the national average. This means the $140,580 salary has the same purchasing power as the national average salary.

What does 'Managers, All Other' typically encompass?

This broad category usually includes management occupations not classified elsewhere, often involving overseeing operations, staff, or specific projects 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 840 employees in the Peoria, IL area with a job density of 5.081 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Managers, All Other • Data source: BLS OEWS 2024 •Jobs in Peoria, IL