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Average Managers, All Other Salary in West Central Illinois nonmetropolitan area

In the West Central Illinois nonmetropolitan area, Managers, All Other earn an average annual salary of $115,480. This figure is notably below the national average of $155,520, reflecting the unique economic landscape and potentially lower demand for this specific managerial role outside major metropolitan hubs. Localized economic factors and industry concentration significantly influence compensation levels in this region.

Executive Summary

  • Average Salary: $115,480 per year.
  • Growth Trend: Salaries have shifted 26.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $167,640.
  • Outlook: The job market for Managers, All Other in West Central Illinois appears to be relatively stable, with a total local workforce of 310 individuals in this category. The Location Quotient of 0.45 suggests a lower concentration of these roles compared to the national average, indicating a less saturated but potentially less robust demand for specialized managerial talent within the region.
2024 Market Data

Salary Overview

$115,480

The average Managers, All Other in West Central Illinois nonmetropolitan area earns-25.7%below the national average.

BreakdownBased on 40h/week
Hourly

$55.5

Weekly

$2,221

Monthly

$9,623

Managers, All Other Salary Distribution in West Central Illinois nonmetropolitan area

For Managers, All Other, salary progression typically correlates with experience and demonstrated leadership capabilities. Entry-level positions will naturally command lower salaries, while senior roles, requiring extensive experience and strategic oversight, will see significant increases. The percentile gaps in salary distribution within this role highlight the substantial career growth potential for dedicated professionals in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$60,070$28.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$86,610$41.6
ManagerOversees team, compliance, and project delivery.50% (Median)$102,920$49.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$144,350$69.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$167,640$80.6

Detailed Managers, All Other Market Analysis

Relocation Context

Nominal Salary

$115,480

Gross Pay

Real Wage (Purchasing Power)

$115,480

Adjusted for COL (100)

The average annual salary of $115,480 in West Central Illinois aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a manager's salary in this region is equivalent to the national average, suggesting that while the nominal salary is lower than the national average, the cost of living does not present a significant disadvantage.

Job Market Context

310

Total Jobs

1.829

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, West Central Illinois nonmetropolitan area has a notably lower concentration of Managers, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.45, the market for Managers, All Other in West Central Illinois is less concentrated than the national average. This indicates that while there may be fewer opportunities relative to the national landscape, the competition for these roles might also be less intense, offering a unique dynamic for job seekers and employers.

Nearby Job Markets

Nearby Cities for Managers, All Other

Comparing salaries near West Central Illinois nonmetropolitan area

Hiring Managers, All Others?

Frequently Asked Questions

How much does a Managers, All Other make in West Central Illinois nonmetropolitan area?

The median annual salary for a Managers, All Other in West Central Illinois nonmetropolitan area is $115,480. This typically ranges from $60,070 for entry-level positions to $167,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Central Illinois nonmetropolitan area is 25.7% lower than the national median of $155,520.

Is West Central Illinois nonmetropolitan area a lucrative place for Managers, All Others?

No, it is not considered particularly lucrative compared to national averages.The average salary of $115,480 is significantly lower than the national average of $155,520, and the concentration of these roles is also below the national benchmark.

Is West Central Illinois nonmetropolitan area a good place to live for Managers, All Others?

The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Central Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($146,730) and Decatur, IL.

How does the number of local workers affect the job market for Managers, All Other?

A total local workforce of 310 suggests a smaller, more specialized pool of managers. This can mean fewer opportunities but potentially less competition for experienced individuals.

What does a Location Quotient of 0.45 signify?

A Location Quotient of 0.45 indicates that the concentration of Managers, All Other in West Central Illinois is less than half of the national average, suggesting a niche market.

How does the Cost of Living Index of 100 impact salary perception?

An index of 100 means the cost of living is exactly average nationally. Therefore, the $115,480 salary has average purchasing power, despite being below the national average salary figure.

Are there many jobs per 1,000 workers for this role in West Central Illinois?

With 1.829 jobs per 1,000 workers, the availability of Manager, All Other positions is relatively modest, aligning with the lower concentration indicated by the Location Quotient.

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 West Central Illinois nonmetropolitan area area with a job density of 1.829 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.