In Peoria, IL, Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic professionals earn an average annual salary of $50,580, notably exceeding the national average of $48,590. This localized premium is often driven by the specific industrial demands and the concentration of manufacturing activities within the Peoria region, creating a favorable compensation environment for these skilled roles.
Executive Summary
- Average Salary: $50,580 per year.
- Growth Trend: Salaries have shifted 15.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $66,710.
- Outlook: The job market for Machine Tool Setters, Operators, and Tenders in Peoria, IL, appears robust, supported by a local workforce of 370 individuals in this role. A Location Quotient of 2.68 indicates a significantly higher concentration of these jobs in Peoria compared to the national average, suggesting strong and sustained demand within the local industrial sector.
Salary Overview
The average Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Peoria, IL earns+4.1%above the national average.
$24.3
$973
$4,215
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Machine Tool Setters, Operators, and Tenders in Peoria have experienced steady growth over the past four years, mirroring national trends. This growth is likely fueled by ongoing industrial development, technological advancements requiring skilled labor, and general economic expansion within the manufacturing sector.
Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salary Distribution in Peoria, IL
Career progression for Machine Tool Setters, Operators, and Tenders in Peoria, IL, typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as individuals gain expertise, hone their skills, and potentially take on more complex machinery or supervisory roles, their earning potential can climb substantially, with senior-level professionals commanding higher salaries.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,200 | $17.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $37,935 | $18.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,400 | $23.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $63,225 | $30.4 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $66,710 | $32.1 |
Detailed Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Market Analysis
Relocation Context
Nominal Salary
$50,580
Gross Pay
Real Wage (Purchasing Power)
$50,580
Adjusted for COL (100)
The average annual salary of $50,580 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 Machine Tool Setter's salary in Peoria is equivalent to the national standard, offering a stable financial foundation for residents without the added pressure of higher living expenses.
Job Market Context
370
Total Jobs
2.26
Per 1K Jobs
2.68
Location Quotient
Peoria, IL has 2.7x the national concentration of Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.68, Peoria, IL, presents a highly concentrated market for Machine Tool Setters, Operators, and Tenders, Metal and Plastic. This indicates that the demand for these professionals is more than double the national average relative to the general workforce, suggesting a competitive environment for employers seeking talent and favorable opportunities for job seekers.
Nearby Job Markets
Nearby Cities for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic
Comparing salaries near Peoria, IL
Hiring Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Frequently Asked Questions
How much does a Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic make in Peoria, IL?
The median annual salary for a Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic in Peoria, IL is $50,580. This typically ranges from $37,200 for entry-level positions to $66,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 4.1% higher than the national median of $48,590.
Is Peoria, IL a lucrative place for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
Yes, Peoria, IL offers a lucrative environment for these professionals.The average salary of $50,580 is higher than the national average, and the cost of living is on par with the national average, enhancing overall financial well-being.
Is Peoria, IL a good place to live for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastics?
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 ($51,400) and East Central Illinois nonmetropolitan area.
How does the local workforce size impact job opportunities?
A local workforce of 370 suggests a substantial pool of skilled individuals, indicating established industry presence and potential for both job openings and collaborative opportunities within the sector.
What does a Location Quotient of 2.68 signify?
A Location Quotient of 2.68 means that jobs for Machine Tool Setters, Operators, and Tenders are 2.68 times more concentrated in Peoria, IL, than the national average, pointing to high industry demand.
How does the Cost of Living in Peoria compare nationally?
Peoria's Cost of Living Index is 100, exactly matching the national average. This means that the general expenses for housing, utilities, and daily necessities are neither significantly higher nor lower than the typical US city.
Are there many Machine Tool Setter jobs per 1,000 workers in Peoria?
With 2.26 jobs per 1,000 workers, Peoria shows a notable presence of Machine Tool Setter roles, reinforcing the indication of a strong industrial base and demand for these specialized skills.
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 Peoria, IL area with a job density of 2.26 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic Salaries by State
Top Jobs in Peoria, IL
- All Occupations Salary in Peoria, IL
- Office and Administrative Support Occupations Salary in Peoria, IL
- Production Occupations Salary in Peoria, IL
- Food Preparation and Serving Related Occupations Salary in Peoria, IL
- Transportation and Material Moving Occupations Salary in Peoria, IL
- Healthcare Practitioners and Technical Occupations Salary in Peoria, IL
- Sales and Related Occupations Salary in Peoria, IL
- Management Occupations Salary in Peoria, IL
- Educational Instruction and Library Occupations Salary in Peoria, IL
- Business and Financial Operations Occupations Salary in Peoria, IL
- Browse All Jobs in Peoria, IL →
Semantic Salary Analysis for Multiple Machine Tool Setters, Operators, and Tenders, Metal and Plastic • Data source: BLS OEWS 2024 •Jobs in Peoria, IL