NW Illinois Economic Development Salary

NW Illinois Economic Development Salary

How much does the NW Illinois Economic Development Pay for employees?

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As of August 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. NW Illinois Economic Development’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

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

Explore detailed salary information for specific jobs at NW Illinois Economic Development. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
How accurate does the salary look to you?

Current Job Openings at NW Illinois Economic Development

Ready for your next career move? Explore current job openings at NW Illinois Economic Development. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is NW Illinois Economic Development’s Pay Competitive? Salary Benchmarking Analysis

How does NW Illinois Economic Development’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
120k
100k
80k
60k
40k
20k
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Average Salary ($/year)
NW Illinois Economic Development
Edu., Gov't. & Nonprofit
Staunton Public Library
Russell County Chamber of Commerce
Industry Comparison
Our data shows that, on average, compensation at NW Illinois Economic Development is below the average for the U.S. Edu., Gov't. & Nonprofit industry by approximately 32%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared NW Illinois Economic Development average annual salary with several similar companies. NW Illinois Economic Development average salary of $78,635 is lower than Staunton Public Library, which has an average salary of $83,139. It is lower than Russell County Chamber of Commerce, with their average salary at $78,836. This places NW Illinois Economic Development in a developing position among its peers.
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How NW Illinois Economic Development's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at NW Illinois Economic Development. Click a company name to learn more.

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...
Commented in March 07, 2025
24
1
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.
Commented in May 27, 2024
33
2
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.
Commented in March 08, 2024
19
1

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.

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