Average Operations Research Analysts Salary in Illinois
Operations Research Analysts in Illinois earn an impressive average annual salary of $110,230, significantly surpassing the national average of $99,860. This elevated compensation is often driven by the state's robust industrial and financial sectors, which rely heavily on sophisticated analytical insights to optimize operations and decision-making.
Executive Summary
- Average Salary: $110,230 per year.
- Growth Trend: Salaries have shifted 11.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $166,130.
- Outlook: With a local workforce of 5,020 Operations Research Analysts, Illinois demonstrates a substantial presence in this specialized field. The location quotient of 1.18 indicates a concentration of these roles that is 18% higher than the national average, suggesting a strong and potentially growing demand for analytical expertise within the state.
Salary Overview
The average Operations Research Analysts in Illinois earns+10.4%above the national average.
$53
$2,120
$9,186
Operations Research Analysts Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the demand for Operations Research Analysts in Illinois has seen consistent growth over the past four years, mirroring national trends. This sustained interest likely translates to a steady increase in average salaries as organizations compete for top analytical talent to gain a competitive edge.
Operations Research Analysts Salary Distribution in Illinois
The career trajectory for Operations Research Analysts in Illinois offers significant earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries well into the six figures, often exceeding the 75th percentile, reflecting substantial career progression.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $61,480 | $29.6 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $82,673 | $39.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $102,750 | $49.4 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $137,788 | $66.2 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $166,130 | $79.9 |
Detailed Operations Research Analysts Market Analysis
Relocation Context
Nominal Salary
$110,230
Gross Pay
Real Wage (Purchasing Power)
$120,076
Adjusted for COL (91.8)
The nominal average salary of $110,230 in Illinois presents a favorable financial picture when considering the local cost of living. With a Cost of Living Index of 91.8, which is below the national average of 100, the purchasing power of an Operations Research Analyst's salary in Illinois is effectively enhanced, allowing for a higher standard of living compared to national benchmarks.
Job Market Context
5,020
Total Jobs
0.828
Per 1K Jobs
1.18
Location Quotient
With a location quotient of 1.18, Illinois has a slightly higher-than-average concentration of Operations Research Analysts roles compared to the national norm.
The location quotient of 1.18 for Operations Research Analysts in Illinois signifies a market where these professionals are more concentrated than the national average. This suggests a competitive yet abundant job market, where employers actively seek out this specialized skill set, and professionals have a good number of opportunities available within the state.
Nearby Job Markets
Nearby Cities for Operations Research Analysts
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Operations Research Analysts Salary | $91,350↓ 17% | 9 mi |
| Peoria, IL Operations Research Analysts Salary | $126,700↑ 15% | 43 mi |
| Springfield, IL Operations Research Analysts Salary | $78,690↓ 29% | 53 mi |
Comparing salaries near Illinois
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Frequently Asked Questions
How much does a Operations Research Analysts make in Illinois?
The median annual salary for a Operations Research Analysts in Illinois is $110,230. This typically ranges from $61,480 for entry-level positions to $166,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Illinois is 10.4% higher than the national median of $99,860.
Is Illinois a lucrative place for Operations Research Analysts?
Yes, Illinois is a lucrative state for Operations Research Analysts.The average salary of $110,230 significantly exceeds the national average, and the cost of living is below the national index, enhancing real earning potential.
Is Illinois a good place to live for Operations Research Analysts?
With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Illinois?
Some top paying nearby cities include Bloomington, IL ($91,350) and Peoria, IL.
How does the Illinois job market compare to the national average for this role?
Illinois has a higher concentration of Operations Research Analysts, with a location quotient of 1.18, indicating a stronger presence and potentially more job opportunities than the national average.
What is the cost of living impact on an Operations Research Analyst's salary in Illinois?
The cost of living in Illinois is 8.2% lower than the national average (index 91.8 vs 100), meaning the $110,230 salary offers greater purchasing power.
How many Operations Research Analysts are employed in Illinois?
There are approximately 5,020 Operations Research Analysts employed in Illinois, representing 0.828 jobs per 1,000 workers.
Does experience significantly impact salary for Operations Research Analysts in Illinois?
Yes, experience is a key driver of salary growth, with senior analysts earning considerably more than entry-level professionals, reflecting a clear path for career advancement and increased compensation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,020 employees in the Illinois area with a job density of 0.828 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Operations Research Analysts • Data source: BLS OEWS 2024 •Jobs in Illinois