As of May 01, 2026, the average annual salary for Component Engineer in Peoria, IL is $66,556, equivalent to $32 per hour, $1,280 weekly, or $5,546 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Component Engineer in cities like San Jose, Santa Clara, and San Francisco.
Annually Salaries for Component Engineer in Peoria, IL vary widely, spanning from $58,652 to $72,847. Most professionals fall between the 25th percentile ($62,419) and 75th percentile ($69,849), while top earners (90th percentile) make $72,847 per year. This $7,430 pay gap underscores opportunities for salary growth through certifications, specialized skills like Project Management or Digital Media, or targeting high-paying regions like District of Columbia or California.
Location and experience significantly influence earnings. For example, Peoria Component Engineer often earn 6.7% lower than national averages. However, Peoria currently ranks 547 statewide for Component Engineer job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.
