Median Salary
$97,816
Vs National Avg
Hourly Wage
$47.03
Dollars / Hr
Workforce
0.2k
Total Jobs
Growth
+6%
10-Year Outlook
The Peoria Project Manager Career Guide: A Local's Take
Peoria isn't just a city in Central Illinois; it's a distinct ecosystem where the Illinois River cuts through a landscape defined by legacy manufacturing, world-class healthcare, and a surprisingly robust tech backbone. For a Project Manager, this means opportunities that are less about Silicon Valley-style scale and more about tangible impact—launching new medical devices at a global headquarters, managing infrastructure for a hospital expansion, or coordinating logistics for agricultural equipment. This guide is for the PM who values stability, affordability, and a role where they can see the direct result of their work. We're going to skip the glossy brochures and dive into the data, the neighborhoods, and the real costs of life here.
The Salary Picture: Where Peoria Stands
The first question any professional asks is about compensation. For Project Managers in the Peoria metropolitan area, the numbers are solid, though a step below the national average. According to the U.S. Bureau of Labor Statistics (BLS) and local market data, the median salary for a Project Manager in Peoria is $97,816 per year, which breaks down to an hourly rate of $47.03. It's important to note that the national average for Project Managers sits at $101,280 per year, meaning Peoria's compensation is about 3.4% lower than the U.S. norm. However, when you factor in Peoria's significantly lower cost of living, this salary can stretch much further than in major coastal hubs. The metro area supports 226 Project Manager jobs, indicating a stable, if not explosive, demand.
Experience-Level Salary Breakdown
| Experience Level | Typical Salary Range (Annual) | Key Responsibilities in Peoria |
|---|---|---|
| Entry-Level (0-2 yrs) | $65,000 - $82,000 | Assisting senior PMs, managing small project components, documentation, and coordination for smaller local firms or as a contractor. |
| Mid-Level (3-7 yrs) | $85,000 - $105,000 | Leading medium-sized projects, budget management, stakeholder communication, and often specializing in a sector like construction or IT. |
| Senior (8-15 yrs) | $105,000 - $125,000 | Managing large, complex projects (e.g., hospital wings, factory automation), directing cross-functional teams, and handling higher-level risk and financial planning. |
| Expert/Lead (15+ yrs) | $125,000+ | Program/Portfolio management, strategic planning, mentoring PMs, and often involved in organizational process improvement and high-stakes stakeholder management. |
Comparison to Other Illinois Cities
Peoria's salary is competitive within the state's landscape. It sits comfortably above smaller Illinois metros like Springfield but trails the larger economic centers.
- Chicago Metro: $110,000+ median, but with a cost of living index over 120.
- Rockford: $92,000 median, similar manufacturing base but smaller population.
- Champaign-Urbana: $95,000 median, driven by tech and education with a younger demographic.
The key takeaway? Peoria offers a strong midwestern salary that, when paired with its affordability, provides a high quality of life for project management professionals.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
A salary is just a number until you see what's left after essentials. Let's break down the monthly budget for a Project Manager earning the median salary of $97,816.
Assumptions:
- Taxes: Approximate 25% total (Federal, State, FICA). This can vary based on deductions and filing status.
- Rent: A moderate $800/month for a 1BR (slightly above the metro average of $756/month).
- Utilities: $150/month (includes internet, gas, electric, water).
- Groceries: $350/month.
- Transportation: $300/month (car payment, insurance, gas—public transit is limited).
- Healthcare: $250/month (premiums + out-of-pocket).
- Retirement/Savings: 10% of gross ($815/month).
- Discretionary: Remaining funds.
Monthly Budget Breakdown
| Category | Monthly Cost | Notes |
|---|---|---|
| Gross Income (Monthly) | $8,151 | ($97,816 / 12) |
| Take-Home Pay (Est.) | $6,113 | After ~25% taxes |
| Fixed Expenses | ||
| Rent | $800 | 1BR Apartment |
| Utilities | $150 | |
| Transportation | $300 | Car-dependent city |
| Healthcare | $250 | |
| Subtotal (Fixed) | $1,500 | |
| Variable Expenses | ||
| Groceries | $350 | |
| Discretionary (Fun, dining, etc.) | $713 | |
| Savings/Debt (10% Gross) | $815 | |
| Total Outflow | $3,378 | |
| Remaining Buffer | $2,735 | For extra savings, travel, or unexpected costs |
Can They Afford to Buy a Home?
Yes, unequivocally. The Peoria real estate market is among the most affordable in the nation for a metro of its size. The median home price in the Peoria area is approximately $165,000. Using conservative estimates (a 30-year fixed mortgage at 6.5%, 10% down payment of $16,500), the monthly principal and interest payment would be around $940. Add property taxes (Peoria County is relatively low) and insurance, and you're looking at a total housing payment of roughly $1,100-$1,200/month. This is well within reach for a Project Manager earning the median salary, who could comfortably allocate 20-25% of their take-home pay to housing. This makes homeownership a realistic goal, not a distant dream.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Peoria's Major Employers
Peoria's job market is anchored by a few powerhouse sectors. As a Project Manager, you'll find the most opportunities (and often the highest salaries) in these specific organizations.
Caterpillar Inc. (Global Headquarters): The undisputed giant. Caterpillar's presence in Peoria is massive, and they are constantly managing projects related to product development, manufacturing automation, logistics, and IT infrastructure. Hiring trends show a steady need for PMs with experience in large-scale industrial projects, often requiring PMP certification. Insider Tip: Look for roles in their Digital & IT division; they're heavily investing in IoT and data analytics, which requires strong project leadership.
OSF HealthCare: One of Illinois' largest health systems, headquartered in Peoria. They are in a perpetual state of expansion and modernization, managing everything from new hospital wings and clinic openings to electronic health record (EHR) implementations. Project Managers here often work closely with clinical staff. Hiring Trend: Strong demand for PMs with healthcare IT experience (e.g., Epic, Cerner) and regulatory knowledge (HIPAA).
UnityPoint Health - Methodist College: Another major healthcare player. Similar to OSF, they manage capital projects, system integrations, and process improvement initiatives. Their focus on patient experience drives many project types.
Caterpillar Financial Services (LeasePlan): A separate but critical arm of the Caterpillar ecosystem. They manage a fleet of thousands of vehicles and equipment, requiring sophisticated logistics and IT project management.
Illinois State University (Bloomington-Normal): While not in Peoria proper, it's a major employer within the metro area. They manage construction projects, IT upgrades, and administrative process changes. The PM role here often blends with academic administration.
Peoria County & City of Peoria Municipal Governments: These entities manage public works, infrastructure, and IT projects. While the pace may be slower than the private sector, they offer stable, pension-eligible positions. Insider Tip: These roles often require navigating complex public procurement processes, a unique skill set.
Local Construction Firms (e.g., The Hoellen Company, R.L. McCoy & Sons): Peoria has a robust construction sector tied to healthcare, education, and residential growth. These firms need PMs to run day-to-day operations on commercial and industrial job sites.
Getting Licensed in IL
Illinois does not have a state-specific license to practice as a Project Manager, unlike professions such as engineering or law. However, certification is the de facto standard for advancement.
PMP (Project Management Professional): Offered by the Project Management Institute (PMI), this is the gold standard. It requires 36 months of leading projects and 35 hours of education if you have a bachelor's degree. The exam costs $405 for members, $555 for non-members. The study and exam process typically takes 3-6 months of dedicated preparation. In Peoria's competitive sectors (Caterpillar, healthcare), a PMP is often a preferred or required qualification.
CAPM (Certified Associate in Project Management): An entry-level PMI certification. Requires 23 hours of project management education. Exam cost: $225 (member), $300 (non-member). A great starting point for those new to the field.
State-Licensed Roles: If your project management work intersects with specific licensed professions (e.g., managing construction projects that require a Professional Engineer (PE) or Architectural licenses in Illinois), you must ensure the licensed individual is in responsible charge. The Illinois Department of Financial and Professional Regulation (IDFPR) oversees these. For pure project management, no state license is needed.
Timeline to Get Started: If you start studying for the PMP today with the required experience, you could be certified within 4-6 months. This is highly recommended before or immediately after securing a role in Peoria to maximize salary potential.
Best Neighborhoods for Project Managers
Choosing the right neighborhood depends on your commute, lifestyle, and budget. Peoria is geographically divided by the Illinois River, with distinct vibes on each side.
| Neighborhood | Vibe & Commute | Rent Estimate (1BR) | Best For... |
|---|---|---|---|
| Downtown Peoria | Urban, walkable, nightlife. 10-15 mins to most employers. | $850 - $1,100 | Young professionals, those who want to avoid a car commute, and fans of local restaurants and the Riverfront. |
| North Peoria (Averyville, Moss Ave.) | Residential, family-friendly, excellent schools. 15-20 mins to downtown/Caterpillar. | $700 - $950 | Established professionals with families seeking a quieter, suburban feel with easy access to parks and shopping. |
| West Peoria | Historic, eclectic, near the University of Illinois College of Medicine. 10-15 mins to OSF. | $650 - $900 | Those who value character, walkability to restaurants, and proximity to the medical district. |
| Dunlap (Northwest) | Suburban, newer developments, top-rated schools. 20-25 mins to downtown. | $750 - $1,000 | Families prioritizing school districts and a classic suburban lifestyle. Commute is straightforward via IL-150. |
| East Peoria | Riverfront, new entertainment district, more affordable. 10 mins to downtown via bridge. | $650 - $900 | Younger professionals and those seeking newer apartment amenities and lower rent while staying close to the action. |
Insider Tip: Traffic is generally minimal, so living in Dunlap or East Peoria won't add significant time to your commute. The biggest commute challenge is the Illinois River bridge, which can bottleneck during rush hour. Living on the same side of the river as your workplace (e.g., live in North Peoria if you work at Caterpillar) simplifies life.
The Long Game: Career Growth
In Peoria, career growth for Project Managers is about deepening expertise and moving into strategic roles, not necessarily jumping between companies frequently.
Specialty Premiums: Certain specializations command higher pay. IT Project Management (especially in software development or infrastructure) and Healthcare IT/EHR Implementation are at the premium end, often adding $10,000-$15,000 to the base median. Construction Project Management is also highly valued, particularly with PE or OSHA certifications.
Advancement Paths:
- Technical PM → Senior PM → Program Manager: The standard path, especially at Caterpillar or large healthcare systems, where you manage a portfolio of related projects.
- PM → Operations/Process Manager: Using project skills to drive continuous improvement in a department.
- PM → Director of PMO (Project Management Office): For those with strong leadership and strategic vision, this is the pinnacle within the corporate structure.
- Consulting: Experienced PMs often leave to start their own consulting firms, serving the local manufacturing and healthcare base.
10-Year Outlook: The 10-year job growth for Project Managers in the metro area is 6%, slightly slower than the national average (BLS data). This indicates stability, not hyper-growth. The demand will be driven by:
- Caterpillar's ongoing digital transformation.
- OSF and UnityPoint's perpetual need for modernization.
- City infrastructure projects funded by state and federal grants.
The key to longevity will be adaptability—moving from traditional waterfall to agile/scrum methodologies, especially in IT and product development roles.
The Verdict: Is Peoria Right for You?
Peoria offers a compelling value proposition for Project Managers who prioritize stability, affordability, and a manageable pace of life over the frenetic energy of a major coastal city.
| Pros | Cons |
|---|---|
| Extremely Low Cost of Living: Your salary stretches further here than almost anywhere else. | Limited Nightlife & Cultural Scene: Compared to Chicago or a college town, options are more subdued. |
| Strong, Stable Employers: Caterpillar and the healthcare sector provide recession-resistant jobs. | Car Dependency: You will need a car; public transportation is not comprehensive. |
| Homeownership is Achievable: The median home price is within reach on a PM salary. | Slower Pace: The city is not a hub for cutting-edge startups or tech culture. |
| Manageable Commutes: No debilitating traffic; most commutes are under 25 minutes. | Weather: Winters can be long, cold, and snowy. Summers are hot and humid. |
| Tight-Knit Professional Network: It's easier to build a reputation and network here than in a larger city. | Professional Development: Fewer local PMI chapter events compared to major metros. |
Final Recommendation:
Peoria is an excellent choice for Project Managers who are at the mid-to-senior level, value financial stability, and want to own a home. If you're looking to launch a high-flying startup career or enter a hyper-competitive scene, look elsewhere. But if you want a role where you can lead significant projects at global companies, enjoy a reasonable cost of living, and build a life where you can afford hobbies, travel, and a mortgage, Peoria is a hidden gem. The data supports it: a median salary of $97,816 against a cost of living index of 88.6 is a mathematically strong proposition.
FAQs
1. I'm a Project Manager looking for a new job in Peoria. What's the best way to find one?
Utilize local job boards like the Peoria Chamber of Commerce's job board, LinkedIn (targeting companies like Caterpillar, OSF, and UnityPoint), and direct applications to the employers listed above. Networking through the local PMI chapter (while smaller) is also valuable.
2. Is a PMP certification required to get a job in Peoria?
It is not legally required, but it is highly recommended. For roles at Caterpillar, OSF, and other major employers, having a PMP often puts you ahead of other candidates and can affect your starting salary. Many mid-level and senior roles list it as a preferred qualification.
3. What is the tech scene like for IT Project Managers?
Peoria's tech scene is more about supporting legacy industries than a standalone startup ecosystem. IT PMs work on projects related to manufacturing automation (IoT), healthcare data systems, and ERP implementations. While not a "tech hub," it offers stable, well-paying IT PM roles.
4. How do I handle the interview process if I'm relocating?
Many employers in Peoria are open to video interviews for initial rounds. Be prepared to discuss your understanding of the local industry (e.g., mentioning Caterpillar's impact or OSF's reach). Once you reach the final stages, they may ask you to visit. It's wise to budget for a short-term rental or Airbnb during your initial job search and relocation.
5. What's the deal with the "two Peorias"?
This is a local phrase referring to the socio-economic and cultural divide between the affluent, suburban North Peoria/Dunlap and the more urban, historically industrial South Side. As a professional, you'll likely live and work in the "North Peoria" sphere, but it's useful context for understanding the city's history and dynamics.
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