SalaryNode

Average Managers, All Other Salary in Springfield, IL

In Springfield, IL, Managers, All Other earn an average annual salary of $136,880. This figure is notably below the national average of $155,520, suggesting that local economic factors and industry demand in Springfield may influence compensation levels for these roles. The specific pay reflects the unique market dynamics present within the Illinois state capital.

Executive Summary

  • Average Salary: $136,880 per year.
  • Growth Trend: Salaries have shifted 33.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $210,450.
  • Outlook: The Springfield, IL market for Managers, All Other shows a moderate presence, with a total local workforce of 370 individuals in this category. The Location Quotient of 0.87 indicates a slightly lower concentration of these managers compared to the national average, suggesting a stable but not exceptionally high demand within the immediate region. The presence of 3.553 jobs per 1,000 workers points to a consistent, albeit not booming, employment landscape for this professional group.
2024 Market Data

Salary Overview

$136,880

The average Managers, All Other in Springfield, IL earns-12.0%below the national average.

BreakdownBased on 40h/week
Hourly

$65.8

Weekly

$2,632

Monthly

$11,407

Managers, All Other Salary Distribution in Springfield, IL

Compensation for Managers, All Other in Springfield, IL, like elsewhere, is significantly influenced by experience. Entry-level positions will command lower salaries, while senior managers with extensive experience and a proven track record can expect to earn substantially more. The percentile gaps between different experience levels highlight the clear career progression and the financial rewards associated with advancing within management roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$72,110$34.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$102,660$49.4
ManagerOversees team, compliance, and project delivery.50% (Median)$126,500$60.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$171,100$82.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$210,450$101.2

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$136,880

Gross Pay

Real Wage (Purchasing Power)

$136,880

Adjusted for COL (100)

The average annual salary of $136,880 in Springfield, IL, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of this salary in Springfield is equivalent to the national average. While the nominal salary is below the national average for the role, the cost of living parity suggests that the effective take-home value of the salary is comparable to what one might experience in a higher-cost area with a higher nominal salary.

Job Market Context

370

Total Jobs

3.553

Per 1K Jobs

0.87

Location Quotient

Below Average

Springfield, IL has 0.87x 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.

With a Location Quotient of 0.87, the market for Managers, All Other in Springfield, IL, is slightly less concentrated than the national average. This suggests that while these roles are present and necessary, the job market may not be saturated. It indicates a balanced environment where opportunities likely exist, but competition might be less intense compared to major metropolitan hubs with higher LQs, offering a potentially stable career path.

Nearby Job Markets

Hiring Managers, All Others?

Frequently Asked Questions

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

The median annual salary for a Managers, All Other in Springfield, IL is $136,880. This typically ranges from $72,110 for entry-level positions to $210,450 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, IL is 12.0% lower than the national median of $155,520.

Is Springfield, IL a lucrative place for Managers, All Others?

No, not exceptionally lucrative compared to the national average.The average salary of $136,880 is below the national average of $155,520, although the cost of living is on par with the national average.

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

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

Where are the highest paying cities near Springfield, IL?

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

How does the Springfield, IL salary compare to the national average for Managers, All Other?

The average annual salary for Managers, All Other in Springfield, IL is $136,880, which is lower than the national average of $155,520.

What is the concentration of Managers, All Other in Springfield, IL?

The concentration, measured by the Location Quotient, is 0.87, indicating a slightly lower presence of these managers compared to the national average.

How does the cost of living in Springfield, IL affect the salary?

Springfield, IL has a cost of living index of 100, which is the national average. This means the $136,880 salary has purchasing power equivalent to the national average.

What does the number of jobs per 1,000 workers signify for this role in Springfield?

With 3.553 jobs per 1,000 workers, it indicates a steady but not overwhelming demand for Managers, All Other in the Springfield labor market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 370 employees in the Springfield, IL area with a job density of 3.553 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.