Sales Representatives of Services in Peoria, IL, earn an average annual salary of $68,990, which is below the national average of $81,290. This disparity can be attributed to several factors, including the specific industry mix within Peoria and the overall economic landscape of the region compared to national trends.
Executive Summary
- Average Salary: $68,990 per year.
- Growth Trend: Salaries have shifted 10.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $117,720.
- Outlook: With a local workforce of 1,040 individuals in this role, Peoria presents a moderately sized market for Sales Representatives of Services. The Location Quotient of 0.81 suggests a slightly lower concentration of these professionals compared to the national average, indicating a stable but not overly saturated job market.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Peoria, IL earns-15.1%below the national average.
$33.2
$1,327
$5,749
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data for Peoria is not provided, it is generally assumed that salaries for Sales Representatives of Services have experienced steady growth over the past four years, mirroring national trends of increasing compensation driven by inflation and evolving market demands.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Peoria, IL
Career progression for Sales Representatives of Services in Peoria typically involves a significant salary increase from entry-level to senior positions. The gap between the lower and upper percentiles of earnings highlights the substantial earning potential for experienced professionals who develop specialized skills and client portfolios.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $35,460 | $17 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $51,743 | $24.9 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $58,820 | $28.3 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $86,238 | $41.5 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $117,720 | $56.6 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$68,990
Gross Pay
Real Wage (Purchasing Power)
$68,990
Adjusted for COL (100)
The average salary of $68,990 in Peoria 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 Representative's salary in Peoria is equivalent to the national standard, offering a stable financial footing for residents.
Job Market Context
1,040
Total Jobs
6.269
Per 1K Jobs
0.81
Location Quotient
Peoria, IL has 0.81x the national average concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel 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 0.81 indicates that Sales Representatives of Services are slightly less concentrated in Peoria compared to the national average. This suggests a competitive environment where demand is present but perhaps not as intense as in major metropolitan hubs, offering a balanced opportunity for job seekers.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Peoria, IL
Hiring Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Peoria, IL?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Peoria, IL is $68,990. This typically ranges from $35,460 for entry-level positions to $117,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Peoria, IL is 15.1% lower than the national median of $81,290.
Is Peoria, IL a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, not exceptionally lucrative compared to the national average.While the salary is stable relative to the cost of living, the average annual income of $68,990 falls short of the national average of $81,290 for this profession.
Is Peoria, IL a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
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 ($70,920) and West Central Illinois nonmetropolitan area.
How does the Peoria job market compare to the national average for this role?
The job market in Peoria is slightly less concentrated with Sales Representatives of Services, as indicated by a Location Quotient of 0.81, suggesting a stable but less dense professional community compared to the national average.
What is the significance of the Jobs per 1,000 Workers metric?
The figure of 6.269 jobs per 1,000 workers indicates the prevalence of this specific sales role within the broader Peoria workforce, providing context for its presence in the local economy.
How does experience impact salary for Sales Representatives in Peoria?
Experience plays a crucial role, with senior-level Sales Representatives earning significantly more than their entry-level counterparts, reflecting the value of accumulated skills and client relationships.
Is it advisable to relocate to Peoria for this career path?
Relocation to Peoria for this role should be considered based on personal preferences for cost of living and lifestyle, as the salary offers average purchasing power, but the overall compensation is below the national median.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,040 employees in the Peoria, IL area with a job density of 6.269 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel • Data source: BLS OEWS 2024 •Jobs in Peoria, IL