SalaryNode

Average Tapers Salary in Chicago-Naperville-Elgin, IL-IN

Tapers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn a substantial average annual salary of $104,470. This figure significantly surpasses the national average of $70,390, indicating a premium for specialized skills within this region. The elevated compensation is likely driven by a combination of local industry demands and the specific economic landscape of the area.

Executive Summary

  • Average Salary: $104,470 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,410.
  • Outlook: The local job market for Tapers in Chicago-Naperville-Elgin, IL-IN, while not exceptionally concentrated with a Location Quotient of 0.88, supports a dedicated workforce of 320 professionals. The presence of this workforce, coupled with a consistent demand indicated by jobs per 1,000 workers, suggests a stable, albeit not rapidly expanding, employment environment for Tapers.
2024 Market Data

Salary Overview

$104,470

The average Tapers in Chicago-Naperville-Elgin, IL-IN earns+48.4%above the national average.

BreakdownBased on 40h/week
Hourly

$50.2

Weekly

$2,009

Monthly

$8,706

Tapers Salary Distribution in Chicago-Naperville-Elgin, IL-IN

The salary spectrum for Tapers typically widens with experience. Entry-level positions may start closer to the lower percentiles, while senior Tapers with extensive expertise and a proven track record can command salaries in the upper percentiles. The gap between entry-level and senior roles signifies substantial career progression and earning potential within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$77,200$37.1
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$78,353$37.7
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$109,870$52.8
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$130,588$62.8
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$113,410$54.5

Detailed Tapers Market Analysis

Relocation Context

Nominal Salary

$104,470

Gross Pay

Real Wage (Purchasing Power)

$104,470

Adjusted for COL (100)

With an average annual salary of $104,470 and a Cost of Living Index of 100, Tapers relocating to Chicago-Naperville-Elgin, IL-IN will find their nominal earnings directly translate to purchasing power equivalent to the national average. This means the higher salary offers a comfortable lifestyle without the added financial strain often associated with high-cost-of-living areas.

Job Market Context

320

Total Jobs

0.071

Per 1K Jobs

0.88

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.88x the national average concentration of Tapers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.88 suggests that Tapers are slightly less concentrated in the Chicago-Naperville-Elgin, IL-IN area compared to the national average. This indicates a moderately competitive market where demand for skilled Tapers is present, but the supply is not overwhelmingly abundant, potentially contributing to the higher average salary.

Nearby Job Markets

Hiring Taperss?

Frequently Asked Questions

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

The median annual salary for a Tapers in Chicago-Naperville-Elgin, IL-IN is $104,470. This typically ranges from $77,200 for entry-level positions to $113,410 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 48.4% higher than the national median of $70,390.

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

Yes, it is a lucrative place for Tapers.Tapers in this region earn significantly above the national average salary. Furthermore, the local cost of living is on par with the national average, meaning the higher salary offers excellent purchasing power.

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

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

How does the Chicago Tapers salary compare to the national average?

The average annual salary for Tapers in Chicago-Naperville-Elgin, IL-IN is $104,470, which is considerably higher than the national average of $70,390.

What is the cost of living for Tapers in Chicago-Naperville-Elgin, IL-IN?

The Cost of Living Index for this region is 100, which is exactly the national average. This means your salary will have standard purchasing power.

How many Tapers work in the Chicago-Naperville-Elgin, IL-IN area?

There are approximately 320 Tapers employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.

Is the job market for Tapers growing in Chicago-Naperville-Elgin, IL-IN?

While the Location Quotient of 0.88 suggests a slightly lower concentration than the national average, the presence of 320 Tapers and a consistent jobs-per-1,000-workers ratio indicates a stable market with ongoing demand.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.071 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in Chicago-Naperville-Elgin, IL-IN

Semantic Salary Analysis for Tapers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN