SalaryNode

Average Retail Salespersons Salary in Chicago-Naperville-Elgin, IL-IN

In the bustling Chicago-Naperville-Elgin, IL-IN metropolitan area, Retail Salespersons earn an average annual salary of $38,840. This figure slightly surpasses the national average of $37,150, indicating a localized premium for these essential roles. Factors such as the region's economic activity and consumer spending patterns likely contribute to this slightly elevated compensation.

Executive Summary

  • Average Salary: $38,840 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,390.
  • Outlook: The Chicago-Naperville-Elgin, IL-IN area boasts a substantial workforce of 102,320 Retail Salespersons, with 22.871 jobs per 1,000 workers. While the Location Quotient of 0.93 suggests a concentration slightly below the national average, the sheer volume of employment signifies a robust and active market for retail sales talent.
2024 Market Data

Salary Overview

$38,840

The average Retail Salespersons in Chicago-Naperville-Elgin, IL-IN earns+4.5%above the national average.

BreakdownBased on 40h/week
Hourly

$18.7

Weekly

$747

Monthly

$3,237

Retail Salespersons Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Career progression for Retail Salespersons in Chicago-Naperville-Elgin, IL-IN typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while senior sales associates or specialists with proven track records can command salaries considerably higher than the average. The widening percentile gaps illustrate the tangible rewards of accumulating expertise and sales performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$29,970$14.4
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$29,130$14
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$34,910$16.8
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$48,550$23.3
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$48,390$23.3

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$38,840

Gross Pay

Real Wage (Purchasing Power)

$38,840

Adjusted for COL (100)

The average annual salary of $38,840 in Chicago-Naperville-Elgin, IL-IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Retail Salesperson's salary in this region is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.

Job Market Context

102,320

Total Jobs

22.871

Per 1K Jobs

0.93

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.93x the national average concentration of Retail Salespersons jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.93, the Chicago-Naperville-Elgin, IL-IN metropolitan area has a slightly lower concentration of Retail Salespersons compared to the national average. This suggests that while the job market is substantial, it may not be disproportionately saturated, potentially offering a balanced environment for job seekers and employers alike.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Chicago-Naperville-Elgin, IL-IN

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Retail Salespersons in Chicago-Naperville-Elgin, IL-IN is $38,840. This typically ranges from $29,970 for entry-level positions to $48,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 4.5% higher than the national median of $37,150.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Retail Salespersons?

Moderately. The average salary is slightly above the national average, and the cost of living is on par with the national average.Retail Salespersons in this area earn $38,840 annually, which is marginally higher than the national average. However, with a Cost of Living Index of 100, the purchasing power of this salary is equivalent to the national standard.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Retail Salespersons?

The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?

Some top paying nearby cities include Michigan City-La Porte, IN ($33,390) and Kenosha, WI.

How does the Chicago-Naperville-Elgin, IL-IN salary compare to the national average?

The average annual salary for Retail Salespersons in Chicago-Naperville-Elgin, IL-IN is $38,840, which is $1,690 higher than the national average of $37,150.

What is the job concentration for Retail Salespersons in this area?

The Location Quotient for Retail Salespersons in Chicago-Naperville-Elgin, IL-IN is 0.93, indicating a concentration slightly below the national average.

How many Retail Salespersons are employed in the Chicago-Naperville-Elgin, IL-IN area?

There are approximately 102,320 Retail Salespersons employed in the Chicago-Naperville-Elgin, IL-IN metropolitan area.

Does the cost of living affect the value of a Retail Salesperson's salary in Chicago?

No, the cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average (100), meaning the $38,840 salary has the same purchasing power as the national average salary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 102,320 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 22.871 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.