Average Mechanical Engineers Salary in Peoria, IL
Mechanical Engineers in Peoria, IL, command an impressive average annual salary of $113,630, significantly surpassing the national average of $109,640. This elevated compensation is likely driven by the specialized industrial landscape and demand within the Peoria region, which fosters a competitive environment for skilled engineering talent.
Executive Summary
- Average Salary: $113,630 per year.
- Growth Trend: Salaries have shifted 0.9% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,780.
- Outlook: Peoria boasts a robust local workforce of 1,080 Mechanical Engineers, indicating a substantial pool of talent. The exceptionally high Location Quotient of 3.5 suggests that this profession is significantly more concentrated in Peoria than the national average, pointing to strong, sustained demand and a healthy job market for these professionals.
Salary Overview
The average Mechanical Engineers in Peoria, IL earns+3.6%above the national average.
$54.6
$2,185
$9,469
Mechanical Engineers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Mechanical Engineer salaries in Peoria have experienced consistent growth over the past four years, mirroring national trends. Factors such as inflation, increasing demand for specialized engineering skills, and advancements in technology likely contribute to this upward salary trajectory.
Mechanical Engineers Salary Distribution in Peoria, IL
The salary progression for Mechanical Engineers in Peoria, IL, typically scales significantly with experience. Entry-level positions may start closer to the lower percentiles, while senior engineers with extensive expertise and specialized skills can command salaries well into the upper percentiles. These percentile gaps clearly signify the substantial career progression and earning potential available within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $73,250 | $35.2 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $85,223 | $41 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $115,350 | $55.5 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $142,038 | $68.3 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $161,780 | $77.8 |
Detailed Mechanical Engineers Market Analysis
Relocation Context
Nominal Salary
$113,630
Gross Pay
Real Wage (Purchasing Power)
$113,630
Adjusted for COL (100)
With an average annual salary of $113,630 and a Cost of Living Index of 100 (exactly matching the national average), Mechanical Engineers in Peoria experience strong purchasing power. The nominal salary translates directly to real income comparable to the national standard, making Peoria an economically stable location for these professionals.
Job Market Context
1,080
Total Jobs
6.508
Per 1K Jobs
3.5
Location Quotient
Peoria, IL has 3.5x the national concentration of Mechanical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 3.5 for Mechanical Engineers in Peoria is a powerful indicator of market concentration. This score signifies that the area has 3.5 times the number of Mechanical Engineers relative to the national average, suggesting a highly specialized and potentially competitive job market where employers actively seek out and value this specific skill set.
Nearby Job Markets
Nearby Cities for Mechanical Engineers
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Mechanical Engineers Salary | $100,820↓ 11% | 39 mi |
| West Central Illinois nonmetropolitan area Mechanical Engineers Salary | $88,490↓ 22% | 43 mi |
| East Central Illinois nonmetropolitan area Mechanical Engineers Salary | $95,990↓ 16% | 43 mi |
| Northwest Illinois nonmetropolitan area Mechanical Engineers Salary | $90,550↓ 20% | 43 mi |
| South Illinois nonmetropolitan area Mechanical Engineers Salary | $97,090↓ 15% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Mechanical Engineerss?
Frequently Asked Questions
How much does a Mechanical Engineers make in Peoria, IL?
The median annual salary for a Mechanical Engineers in Peoria, IL is $113,630. This typically ranges from $73,250 for entry-level positions to $161,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 3.6% higher than the national median of $109,640.
Is Peoria, IL a lucrative place for Mechanical Engineers?
Yes, Peoria, IL is a lucrative place for Mechanical Engineers.Mechanical Engineers in Peoria earn above the national average salary, and the cost of living is on par with the national average, offering excellent purchasing power.
Is Peoria, IL a good place to live for Mechanical Engineers?
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 ($100,820) and West Central Illinois nonmetropolitan area.
How does Peoria's Mechanical Engineer salary compare to the national average?
Mechanical Engineers in Peoria earn an average of $113,630 annually, which is higher than the national average of $109,640.
What is the concentration of Mechanical Engineers in Peoria?
Peoria has a high concentration of Mechanical Engineers, indicated by a Location Quotient of 3.5, meaning the profession is significantly more prevalent there than the national average.
How does the cost of living in Peoria affect Mechanical Engineer salaries?
Peoria's Cost of Living Index is 100, which is the national average. This means the $113,630 salary offers purchasing power equivalent to the national standard.
What does the total local workforce number imply for Mechanical Engineers?
A local workforce of 1,080 Mechanical Engineers suggests a substantial and established presence of this profession within Peoria's economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,080 employees in the Peoria, IL area with a job density of 6.508 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Mechanical Engineers • Data source: BLS OEWS 2024 •Jobs in Peoria, IL