SalaryNode

Average Tour and Travel Guides Salary in Chicago-Naperville-Elgin, IL-IN

In the Chicago-Naperville-Elgin, IL-IN metropolitan area, Tour and Travel Guides earn an average annual salary of $39,890. This figure falls below the national average of $43,550, suggesting that local market dynamics, such as demand and the overall economic landscape, may influence compensation levels for this profession within the region.

Executive Summary

  • Average Salary: $39,890 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $53,940.
  • Outlook: The local job market for Tour and Travel Guides in Chicago-Naperville-Elgin, IL-IN, comprises approximately 850 professionals. With a Location Quotient of 0.6, the concentration of these roles is below the national average, indicating a less saturated market relative to other areas, though the absolute number of jobs per 1,000 workers (0.19) suggests a niche presence.
2024 Market Data

Salary Overview

$39,890

The average Tour and Travel Guides in Chicago-Naperville-Elgin, IL-IN earns-8.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.2

Weekly

$767

Monthly

$3,324

Tour and Travel Guides Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Career progression for Tour and Travel Guides typically involves a salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned guides with extensive knowledge and specialized skills can command significantly higher salaries, often reflected in the upper percentiles of the salary distribution. The gap between entry-level and senior roles signifies substantial earning potential as expertise is gained.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$30,590$14.7
ExperiencedProficient professional working independently.25% (Junior)$29,918$14.4
Mid-LevelEstablished expert. Standard market value.50% (Median)$38,290$18.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$49,863$24
Top TierIndustry leader / Executive level compensation.90% (Expert)$53,940$25.9

Detailed Tour and Travel Guides Market Analysis

Relocation Context

Nominal Salary

$39,890

Gross Pay

Real Wage (Purchasing Power)

$39,890

Adjusted for COL (100)

The average annual salary of $39,890 in Chicago-Naperville-Elgin, IL-IN, aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of a Tour and Travel Guide's salary in this region is comparable to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

850

Total Jobs

0.19

Per 1K Jobs

0.6

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.60x the national average concentration of Tour and Travel Guides 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 0.6 for Tour and Travel Guides in Chicago-Naperville-Elgin, IL-IN, indicates that this profession is less concentrated in this metropolitan area compared to the national average. This suggests that while the demand might not be exceptionally high, the market is not oversaturated, potentially offering stable employment opportunities for qualified individuals.

Nearby Job Markets

Hiring Tour and Travel Guidess?

Frequently Asked Questions

How much does a Tour and Travel Guides make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Tour and Travel Guides in Chicago-Naperville-Elgin, IL-IN is $39,890. This typically ranges from $30,590 for entry-level positions to $53,940 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 8.4% lower than the national median of $43,550.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Tour and Travel Guides?

No, not particularly lucrative compared to the national average.The average salary of $39,890 is below the national average of $43,550, and while the cost of living is average, the pay does not offer a significant financial advantage.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Tour and Travel Guides?

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 Tour and Travel Guide salary compare to the national average?

Tour and Travel Guides in Chicago-Naperville-Elgin, IL-IN earn an average of $39,890 annually, which is $3,660 less than the national average of $43,550.

What is the concentration of Tour and Travel Guides in Chicago?

The concentration, measured by the Location Quotient, is 0.6, meaning there are fewer Tour and Travel Guides per worker in Chicago compared to the national average.

Does the cost of living affect the salary competitiveness in Chicago?

The cost of living in Chicago is at the national average (index 100), so the lower-than-average salary means the purchasing power is also slightly below the national average.

What is the total number of Tour and Travel Guides in the Chicago area?

There are approximately 850 Tour and Travel Guides employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 850 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.19 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 Tour and Travel Guides • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN