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Average Marketing Managers Salary in Peoria, IL

Marketing Managers in Peoria, IL, can expect an average annual salary of $146,860. This figure is notably below the national average of $172,340, suggesting that while the role is present, local market dynamics and potentially industry-specific demand in Peoria influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $146,860 per year.
  • Growth Trend: Salaries have shifted 1.8% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $225,590.
  • Outlook: With a local workforce of 450 Marketing Managers, Peoria presents a moderately sized professional community. The Location Quotient of 1.1 indicates a slightly higher concentration of these roles compared to the national average, suggesting a stable, albeit not overwhelmingly robust, demand for marketing expertise within the region.
2024 Market Data

Salary Overview

$146,860

The average Marketing Managers in Peoria, IL earns-14.8%below the national average.

BreakdownBased on 40h/week
Hourly

$70.6

Weekly

$2,824

Monthly

$12,238

Marketing Managers Salary Distribution in Peoria, IL

The career trajectory for Marketing Managers in Peoria, much like elsewhere, typically sees significant salary increases with experience. Entry-level positions might start considerably lower, while senior-level managers with extensive experience and a proven track record can command salaries well above the average, with percentile gaps clearly signifying opportunities for career progression and higher earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,110$37.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$110,145$53
ManagerOversees team, compliance, and project delivery.50% (Median)$134,630$64.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$183,575$88.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$225,590$108.5

Detailed Marketing Managers Market Analysis

Relocation Context

Nominal Salary

$146,860

Gross Pay

Real Wage (Purchasing Power)

$146,860

Adjusted for COL (100)

A nominal salary of $146,860 in Peoria, IL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Marketing Manager's salary in Peoria is equivalent to the national standard, offering a balanced financial landscape where income effectively matches the cost of everyday expenses.

Job Market Context

450

Total Jobs

2.736

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Peoria, IL has a slightly higher-than-average concentration of Marketing Managers roles compared to the national norm.

The Location Quotient of 1.1 for Marketing Managers in Peoria signifies a job market that is slightly more concentrated than the national average. This suggests that while the demand is present and perhaps even a bit more pronounced locally, the market is not saturated, offering a competitive yet accessible environment for both employers seeking talent and professionals looking for opportunities.

Nearby Job Markets

Nearby Cities for Marketing Managers

CitySalaryDist.
West Central Illinois nonmetropolitan area Marketing Managers Salary$145,720↓ 1%43 mi
East Central Illinois nonmetropolitan area Marketing Managers Salary$134,220↓ 9%43 mi
Northwest Illinois nonmetropolitan area Marketing Managers Salary$127,410↓ 13%43 mi
South Illinois nonmetropolitan area Marketing Managers Salary$105,770↓ 28%43 mi

Comparing salaries near Peoria, IL

Hiring Marketing Managerss?

Frequently Asked Questions

How much does a Marketing Managers make in Peoria, IL?

The median annual salary for a Marketing Managers in Peoria, IL is $146,860. This typically ranges from $77,110 for entry-level positions to $225,590 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Peoria, IL is 14.8% lower than the national median of $172,340.

Is Peoria, IL a lucrative place for Marketing Managers?

Yes, with a caveat.While the average salary of $146,860 is below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The slightly higher concentration of roles (LQ 1.1) indicates steady local demand.

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

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 West Central Illinois nonmetropolitan area ($145,720) and East Central Illinois nonmetropolitan area.

How does Peoria's Marketing Manager salary compare to the national average?

The average salary for Marketing Managers in Peoria, IL, is $146,860, which is below the national average of $172,340.

What is the Cost of Living in Peoria, IL?

Peoria, IL, has a Cost of Living Index of 100, which is exactly the national average, meaning expenses are comparable to the rest of the country.

How concentrated are Marketing Manager jobs in Peoria?

Peoria has a Location Quotient of 1.1 for Marketing Managers, indicating a slightly higher concentration of these jobs compared to the national average.

What is the total number of Marketing Managers in Peoria?

There are approximately 450 Marketing Managers employed in the Peoria, IL area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Peoria, IL area with a job density of 2.736 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

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