Average Operations Research Analysts Salary in Peoria, IL
Yes, Peoria, IL is a highly lucrative market for Operations Research Analystss. With an average annual salary of $126,700, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $126,700 per year.
- Growth Trend: Salaries have shifted 8.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $173,640.
- Outlook: The current demand for Operations Research Analystss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Peoria, IL economy.
Salary Overview
The average Operations Research Analysts in Peoria, IL earns+26.9%above the national average.
$60.9
$2,437
$10,558
Operations Research Analysts Salary Trends (2020-2024)
Over the past 3 years, Operations Research Analysts salaries in Peoria, IL have remained stable with a modest increase of 8.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Operations Research Analysts Salary Distribution in Peoria, IL
The earning potential for Operations Research Analystss in Peoria, IL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $74,980, while highly experienced professionals can command wages upwards of $173,640.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $74,980 | $36 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $95,025 | $45.7 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $134,500 | $64.7 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $158,375 | $76.1 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $173,640 | $83.5 |
Detailed Operations Research Analysts Market Analysis
Relocation Context
Nominal Salary
$126,700
Gross Pay
Real Wage (Purchasing Power)
$126,700
Adjusted for COL (100)
In Peoria, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $126,700 to $126,700.
Job Market Context
120
Total Jobs
0.701
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Peoria, IL has a slightly higher-than-average concentration of Operations Research Analysts roles compared to the national norm.
120 people work as Operations Research Analysts in Peoria, IL.
Only 0.701 out of every 1,000 local jobs are Operations Research Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Operations Research Analysts
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Operations Research Analysts Salary | $91,350↓ 28% | 39 mi |
Comparing salaries near Peoria, IL
Hiring Operations Research Analystss?
Frequently Asked Questions
How much does a Operations Research Analysts make in Peoria, IL?
The median annual salary for a Operations Research Analysts in Peoria, IL is $126,700. This typically ranges from $74,980 for entry-level positions to $173,640 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 26.9% higher than the national median of $99,860.
Is Peoria, IL a good place for Operations Research Analystss?
Yes, Peoria, IL is financially attractive for Operations Research Analystss. The average salary of $126,700 exceeds the national average. See distinct detailed breakdown below.
Is Peoria, IL a good place to live for Operations Research Analysts?
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 ($91,350) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Peoria, IL area with a job density of 0.701 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 Peoria, IL