NW Illinois Economic Development Salary

As of September 2026, the average annual salary for employees at NW Illinois Economic Development in the United States is $78,635. This translates to an approximate hourly wage of $38. Salaries at NW Illinois Economic Development typically range from $68,763 to $89,979 annually, reflecting the diverse roles and experience levels within the company.

How Much Does NW Illinois Economic Development Pay for Different Roles?

Explore detailed salary information for specific jobs at NW Illinois Economic Development. Based on our data, the highest paying job is the Regional Director, with an annual salary of $92,044. The table below outlines the annual salary ranges for most popular roles within the company.
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Is NW Illinois Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does NW Illinois Economic Development's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Staunton Public Library $83,139
+5.7%
Reflects a supply-demand imbalance for the specific talent Staunton Public Library targets.
Russell County Chamber of Commerce $78,836
+0.3%
Reflects stabilized pricing equilibrium for commercial construction roles in this region.
Theodosia Area Chamber of Commerce $80,112
+1.9%
Indicates identical technical requirements and experience levels between the two firms.
California Academy of Child & Adolescent Psychiatry $84,648
+7.6%
Driven by niche technical certifications required for California Academy of Child & Adolescent Psychiatry's specialized projects.
Edu., Gov't. & Nonprofit Industry $115,341
+46.7%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at NW Illinois Economic Development

Considering a career at NW Illinois Economic Development? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Professional development and wellness initiatives help staff thrive, while meaningful public service projects inspire pride and engagement across departments. Job responsibilities are clear, yet advancement take time. Purpose-driven mission motivates daily work. The job offers consistency and decent benefits, but the culture can be resistant to change. This organization has a great culture centere...
Benefits and work-life balance are major pluses. The benefits are some of the best around, especially for families. A dependable employer with minimal surprises. Work-life balance is respected and valued. Provided actionable data for decision-making. Resources and tools provided support productivity, and the environment promotes learning and inclusiveness.
This supportive, growth-oriented environment inspires me to give my best every day and contributes significantly to my career satisfaction. The work is meaningful, and there’s a shared commitment to excellence throughout all departments and levels of staff. A structured work environment with a solid benefits package, but little room for creativity or autonomy.

NW Illinois Economic Development Overview

Website
www.nwiled.org
Founded In
2009
Employees
<25 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
1 Commercial Dr Hanover Illinois IL 61041
Revenue
<$5 Million
Phone Number
+1 8152977361
Social Media
About NW Illinois Economic Development
We assist expanding and relocating businesses in determining their needs for growth with cooperation of our government and business partners. We encourage entrepreneurs by assisting with access to resources to begin and grow their businesses. We employ all available resources to create a welcoming business environment, aligning the skills of our workforce with the needs of businesses, and building

What Benefits Does NW Illinois Economic Development Offer Beyond Salary?

A competitive compensation package is more than just a salary. NW Illinois Economic Development offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Aurora?

Understanding the cost of living near Aurora is key to truly evaluating a salary offer or your current compensation at NW Illinois Economic Development.
Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). Large Chicago suburb, more affordable housing than closer-in suburbs. Pace bus, Metra rail. When planning your budget based on a salary from NW Illinois Economic Development, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,700+ A significant portion of NW Illinois Economic Development salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation Pace/Metra (varies by zone) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $350 - $650+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,530 - $3,880+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of NW Illinois Economic Development

1. How much does a NW Illinois Economic Development employee make?

NW Illinois Economic Development pays its employees an average of $78,635 per year. The average salary at NW Illinois Economic Development range from $68,763 to $89,979 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than NW Illinois Economic Development?

The salary at NW Illinois Economic Development is lesser than the similar company. The average annual salary at NW Illinois Economic Development is $78,635, or an hourly wage of $38, in comparison to Staunton Public Library which pays $83,139 per year or $40 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at NW Illinois Economic Development?

In many roles at NW Illinois Economic Development, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near Aurora affect the perceived value of a NW Illinois Economic Development salary?

Aurora's Cost of Living Index is approximately 96.7 (3.3% less expensive than US average; 3.0% more than IL average). This significantly impacts the purchasing power of a salary from NW Illinois Economic Development based there. Our "Cost of Living Insights for Aurora" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does NW Illinois Economic Development typically offer employees?

NW Illinois Economic Development generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at NW Illinois Economic Development" section on this page.