Average Marketing Managers Salary in Chicago-Naperville-Elgin, IL-IN
Marketing Managers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an average annual salary of $162,300. This figure is slightly below the national average of $172,340, suggesting a nuanced compensation landscape influenced by local economic factors and industry demand within this major hub.
Executive Summary
- Average Salary: $162,300 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $234,600.
- Outlook: The Chicago-Naperville-Elgin, IL-IN area boasts a substantial workforce of 17,970 Marketing Managers. With a Location Quotient of 1.61, this indicates a significantly higher concentration of these roles compared to the national average, signaling robust demand and a dynamic job market for marketing professionals in the region.
Salary Overview
The average Marketing Managers in Chicago-Naperville-Elgin, IL-IN earns-5.8%below the national average.
$78
$3,121
$13,525
Marketing Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Marketing Managers in a major metropolitan area like Chicago have experienced consistent growth over the past four years, mirroring national trends of increasing compensation driven by inflation, evolving marketing strategies, and demand for specialized skills.
Marketing Managers Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Salary progression for Marketing Managers in Chicago-Naperville-Elgin, IL-IN typically scales significantly with experience. Entry-level positions will command lower salaries, while senior-level roles, requiring extensive strategic oversight and proven success, can reach substantially higher figures, with percentile gaps clearly indicating the career advancement opportunities available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $88,000 | $42.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $121,725 | $58.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $158,800 | $76.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $202,875 | $97.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $234,600 | $112.8 |
Detailed Marketing Managers Market Analysis
Relocation Context
Nominal Salary
$162,300
Gross Pay
Real Wage (Purchasing Power)
$162,300
Adjusted for COL (100)
The nominal average salary of $162,300 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Marketing Manager's salary in this region is equivalent to that of a Marketing Manager earning the national average salary elsewhere in the country.
Job Market Context
17,970
Total Jobs
4.018
Per 1K Jobs
1.61
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 1.6x the national concentration of Marketing Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.61 for Marketing Managers in Chicago-Naperville-Elgin, IL-IN signifies that this metropolitan area is a hotspot for the profession, with nearly 61% more Marketing Managers employed per worker than the national average. This suggests a highly competitive yet abundant job market, offering numerous opportunities for both employers seeking talent and professionals seeking roles.
Nearby Job Markets
Nearby Cities for Marketing Managers
| City | Salary | Dist. |
|---|---|---|
| Kenosha, WI Marketing Managers Salary | $171,820↑ 6% | 51 mi |
| Kankakee, IL Marketing Managers Salary | $114,230↓ 30% | 55 mi |
| Racine-Mount Pleasant, WI Marketing Managers Salary | $130,560↓ 20% | 59 mi |
| Niles, MI Marketing Managers Salary | $174,240↑ 7% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Marketing Managerss?
Frequently Asked Questions
How much does a Marketing Managers make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Marketing Managers in Chicago-Naperville-Elgin, IL-IN is $162,300. This typically ranges from $88,000 for entry-level positions to $234,600 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 5.8% lower than the national median of $172,340.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Marketing Managers?
Yes, with caveats.While the average salary of $162,300 is slightly below the national average, the high concentration of roles (LQ 1.61) and a cost of living at the national average indicate strong market demand and stable purchasing power for Marketing Managers.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Marketing Managers?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Kenosha, WI ($171,820) and Kankakee, IL.
How does the Chicago Marketing Manager salary compare to the national average?
The average annual salary for Marketing Managers in Chicago-Naperville-Elgin, IL-IN is $162,300, which is approximately $10,000 less than the national average of $172,340.
What does the Location Quotient of 1.61 mean for Marketing Managers in Chicago?
A Location Quotient of 1.61 indicates that Marketing Managers are 61% more concentrated in the Chicago-Naperville-Elgin, IL-IN area than the national average, suggesting a strong presence and demand for these professionals.
How does the cost of living in Chicago affect the Marketing Manager salary?
With a Cost of Living Index of 100, the Chicago-Naperville-Elgin, IL-IN area is at the national average. This means the $162,300 salary offers purchasing power equivalent to the national average, despite being slightly lower than the national salary benchmark.
What is the total number of Marketing Managers in the Chicago area?
There are approximately 17,970 Marketing Managers employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area, reflecting a significant segment of the local professional workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 17,970 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 4.018 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Marketing Managers Salaries by State
Top Jobs in Chicago-Naperville-Elgin, IL-IN
- All Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Office and Administrative Support Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Transportation and Material Moving Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Management Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Sales and Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Food Preparation and Serving Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Business and Financial Operations Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Production Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Healthcare Practitioners and Technical Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Educational Instruction and Library Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Browse All Jobs in Chicago-Naperville-Elgin, IL-IN →
Semantic Salary Analysis for Marketing Managers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN