Average Sales and Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
In the dynamic Chicago-Naperville-Elgin, IL-IN metropolitan area, professionals in Sales and Related Occupations earn an average annual salary of $58,910. This figure notably surpasses the national average of $54,110, indicating a strong local demand for sales expertise. The economic landscape and industry concentration within this region contribute to this elevated compensation.
Executive Summary
- Average Salary: $58,910 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $102,560.
- Outlook: The Chicago-Naperville-Elgin, IL-IN area boasts a substantial workforce of 380,940 individuals, with Sales and Related Occupations representing a significant segment. The Location Quotient of 0.98 suggests that this sector is nearly as concentrated as the national average, implying a robust and stable job market with consistent demand for sales professionals.
Salary Overview
The average Sales and Related Occupations in Chicago-Naperville-Elgin, IL-IN earns+8.9%above the national average.
$28.3
$1,133
$4,909
Sales and Related Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Sales and Related Occupations in the Chicago-Naperville-Elgin, IL-IN area have experienced steady growth over the past four years, mirroring national trends. This anticipated upward trajectory is driven by evolving market demands, economic expansion, and the increasing importance of skilled sales talent.
Sales and Related Occupations Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Career progression within Sales and Related Occupations in Chicago-Naperville-Elgin, IL-IN typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower percentiles, while seasoned professionals with proven track records can command salaries well into the upper percentiles, reflecting a clear path for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $30,220 | $14.5 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $44,183 | $21.2 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $39,530 | $19 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $73,638 | $35.4 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $102,560 | $49.3 |
Detailed Sales and Related Occupations Market Analysis
Relocation Context
Nominal Salary
$58,910
Gross Pay
Real Wage (Purchasing Power)
$58,910
Adjusted for COL (100)
The average annual salary of $58,910 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 sales professional's income in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
380,940
Total Jobs
85.151
Per 1K Jobs
0.98
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 0.98x the national average concentration of Sales and Related Occupations 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 0.98, the Chicago-Naperville-Elgin, IL-IN market for Sales and Related Occupations is highly competitive and closely mirrors the national concentration. This indicates a healthy balance between job availability and the number of professionals in the field, suggesting ample opportunities for skilled individuals without being overly saturated.
Nearby Job Markets
Nearby Cities for Sales and Related Occupations
| City | Salary | Dist. |
|---|---|---|
| Michigan City-La Porte, IN Sales and Related Occupations Salary | $42,780↓ 27% | 41 mi |
| Kenosha, WI Sales and Related Occupations Salary | $47,930↓ 19% | 51 mi |
| Kankakee, IL Sales and Related Occupations Salary | $44,580↓ 24% | 55 mi |
| Racine-Mount Pleasant, WI Sales and Related Occupations Salary | $48,520↓ 18% | 59 mi |
| Niles, MI Sales and Related Occupations Salary | $44,890↓ 24% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Sales and Related Occupationss?
Frequently Asked Questions
How much does a Sales and Related Occupations make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Sales and Related Occupations in Chicago-Naperville-Elgin, IL-IN is $58,910. This typically ranges from $30,220 for entry-level positions to $102,560 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 8.9% higher than the national median of $54,110.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Sales and Related Occupationss?
Yes, Chicago-Naperville-Elgin, IL-IN offers a lucrative environment for Sales and Related Occupations.The average salary of $58,910 significantly exceeds the national average, and the cost of living is on par with the national index, providing strong purchasing power.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Sales and Related Occupations?
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 ($42,780) and Kenosha, WI.
How does the Chicago sales job market compare to the national average?
The Chicago-Naperville-Elgin, IL-IN market is very similar to the national average in terms of concentration, with a Location Quotient of 0.98, indicating a comparable level of job availability and professional presence.
What is the total number of sales professionals in the Chicago area?
The Chicago-Naperville-Elgin, IL-IN metropolitan area supports a substantial workforce of 380,940 individuals, with a significant portion engaged in Sales and Related Occupations.
Does the cost of living affect the value of the Chicago sales salary?
No, the cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average (100), meaning the $58,910 salary has the same purchasing power as the national average salary.
Are there many sales jobs per capita in Chicago?
Yes, there are 85.151 sales jobs per 1,000 workers in the Chicago-Naperville-Elgin, IL-IN area, reflecting a healthy demand for sales roles within the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380,940 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 85.151 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Sales and Related Occupations Salaries by State
Top Jobs in Chicago-Naperville-Elgin, IL-IN
- All Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Office and Administrative Support Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Transportation and Material Moving Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Management Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Sales and Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Food Preparation and Serving Related Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Business and Financial Operations Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Production Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Healthcare Practitioners and Technical Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Educational Instruction and Library Occupations Salary in Chicago-Naperville-Elgin, IL-IN
- Browse All Jobs in Chicago-Naperville-Elgin, IL-IN →
Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN