Average Retail Salespersons Salary in Peoria, IL
Retail Salespersons in Peoria, IL, earn an average annual salary of $37,200. This figure is remarkably close to the national average of $37,150, indicating a stable compensation landscape. Local economic factors and the specific demands of the retail sector within Peoria contribute to this closely aligned pay scale.
Executive Summary
- Average Salary: $37,200 per year.
- Growth Trend: Salaries have shifted 34.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $47,540.
- Outlook: With a substantial local workforce of 3,780 Retail Salespersons and a Location Quotient of 0.93, Peoria presents a moderately concentrated market for these roles. The concentration suggests that while the profession is present, it's not disproportionately dominant compared to national trends, implying a steady but not explosive demand.
Salary Overview
The average Retail Salespersons in Peoria, IL earns+0.1%above the national average.
$17.9
$715
$3,100
Retail Salespersons Salary Trends (2020-2024)
Over the past four years, it's reasonable to assume that Retail Salesperson salaries in Peoria have experienced gradual growth, mirroring broader economic trends and inflation adjustments. While specific historical data isn't provided, the general trajectory for most roles indicates a positive, albeit modest, upward trend in compensation.
Retail Salespersons Salary Distribution in Peoria, IL
Career progression for Retail Salespersons in Peoria typically involves salary increases tied to experience and demonstrated sales performance. Entry-level positions may start at the lower end of the pay scale, while senior or specialized sales roles, often requiring years of expertise and client management, can command significantly higher earnings, reflecting the percentile gaps in compensation.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $29,120 | $14 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $27,900 | $13.4 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $32,210 | $15.5 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $46,500 | $22.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $47,540 | $22.9 |
Detailed Retail Salespersons Market Analysis
Relocation Context
Nominal Salary
$37,200
Gross Pay
Real Wage (Purchasing Power)
$37,200
Adjusted for COL (100)
The average annual salary of $37,200 in Peoria aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Retail Salesperson's income in Peoria is equivalent to that of their national counterparts, making it a neutral location from a cost-of-living perspective.
Job Market Context
3,780
Total Jobs
22.883
Per 1K Jobs
0.93
Location Quotient
Peoria, IL 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.
A Location Quotient of 0.93 signifies that the concentration of Retail Salespersons in Peoria is slightly below the national average. This suggests a competitive job market where opportunities are present but not overwhelmingly abundant, requiring candidates to be well-prepared and potentially possess relevant skills to stand out.
Nearby Job Markets
Nearby Cities for Retail Salespersons
| City | Salary | Dist. |
|---|---|---|
| Bloomington, IL Retail Salespersons Salary | $38,080↑ 2% | 39 mi |
| West Central Illinois nonmetropolitan area Retail Salespersons Salary | $36,570↓ 2% | 43 mi |
| East Central Illinois nonmetropolitan area Retail Salespersons Salary | $36,950↓ 1% | 43 mi |
| Northwest Illinois nonmetropolitan area Retail Salespersons Salary | $36,360↓ 2% | 43 mi |
| South Illinois nonmetropolitan area Retail Salespersons Salary | $36,740↓ 1% | 43 mi |
Comparing salaries near Peoria, IL
Hiring Retail Salespersonss?
Frequently Asked Questions
How much does a Retail Salespersons make in Peoria, IL?
The median annual salary for a Retail Salespersons in Peoria, IL is $37,200. This typically ranges from $29,120 for entry-level positions to $47,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 0.1% higher than the national median of $37,150.
Is Peoria, IL a lucrative place for Retail Salespersons?
No, not exceptionally lucrative, but stable.The average salary of $37,200 is on par with the national average, and the cost of living is also at the national average, indicating standard earning potential rather than high profitability.
Is Peoria, IL a good place to live for Retail Salespersons?
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 ($38,080) and West Central Illinois nonmetropolitan area.
How does the number of Retail Salespersons in Peoria compare nationally?
Peoria has 22.883 Retail Salespersons per 1,000 workers, which is slightly below the national average, indicating a moderate presence in the local labor market.
What does a Location Quotient of 0.93 mean for job seekers?
A Location Quotient of 0.93 suggests that the retail sales job market in Peoria is slightly less concentrated than the national average, implying a balanced but potentially competitive environment for job seekers.
How does Peoria's cost of living affect salary expectations?
With a Cost of Living Index of 100, Peoria's living expenses are average. This means the $37,200 salary offers typical purchasing power, neither significantly stretching nor compressing a budget compared to the national standard.
What is the total number of Retail Salespersons employed in Peoria?
There are approximately 3,780 Retail Salespersons employed in the Peoria, IL area, forming a significant segment of the local retail workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,780 employees in the Peoria, IL area with a job density of 22.883 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Retail Salespersons 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 Retail Salespersons • Data source: BLS OEWS 2024 •Jobs in Peoria, IL