Salaries in Waukegan, IL
What every job actually pays โ cost-of-living adjusted
Updated: February 2026 ยท 40 occupations ยท BLS + Census data
Hereโs the thing about Waukegan: for a city of nearly 90,000 people, its job market is quietly punching above its weight. Youโll find salaries here that can surprise you, especially if youโre coming from a bigger, more expensive metro.
Letโs talk real purchasing power. With a cost of living index of 102.6, youโre paying about 2.6% more than the national average for everyday goods and services. But that $1,231 monthly rent for a one-bedroom apartment? Thatโs a significant relief compared to Chicagoโs sky-high prices. A software developer earning the cityโs top salary of $128,252 sees that number adjust to a still-strong $125,002 in real terms. It means your paycheck stretches further here than you might expect.
Waukeganโs economy is anchored by manufacturing and healthcare. You canโt talk about the city without mentioning the massive presence of industrial giants like Caterpillar and the healthcare demands of institutions like Vista Medical Center. This creates a steady demand for skilled trades, nurses, and accountants. Itโs a blue-collar city with a white-collar undercurrent, and that mix keeps the local economy stable.
Hereโs my honest take: the cityโs average salary of $54,807 feels modest when you see the median household income is $72,841. That gap suggests many households rely on dual incomes or have been here for years. Wages aren't necessarily keeping pace with the slight cost-of-living creep. Itโs a great spot if youโre in a high-demand field like software or healthcare, but youโll feel the squeeze if youโre in a role with flatter pay growth.
The data below breaks down whoโs earning what, and more importantly, what that money can actually do for you in this specific place.
๐ Top 5 Highest-Paying Jobs in Waukegan
Ranked by raw salary. See COL-adjusted figures in the full table below.
Software Developer
Accountant
Registered Nurse
Elementary School Teacher
Electrician
๐ Complete Salary Guide โ All 40 Occupations in Waukegan
COL-Adjusted Salary = Raw salary divided by the cost of living index (103/100). Higher = more real purchasing power. This city's COL is above the US average.
Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.
๐๏ธ Living Costs in Waukegan
๐งฎ Can You Afford to Live in Waukegan?
Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Waukegan. Enter your salary and see exactly how far your money goes.
โ Waukegan Salary FAQ
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๐ Editor's Verdict: Is Waukegan Worth It?
Hereโs my honest take: Waukegan isnโt a goldmine, but itโs a solid bet if you play it right. The cost of living is slightly above average (index 102.6), and rent at $1,231 a month eats into that $54,807 average salary. But if youโre in techโspecifically software developmentโthis place shines. With six-figure pay that holds up even after cost-of-living adjustments, tech workers are the clear winners here. Healthcare and trades can do okay, but the ceiling is lower. If youโre considering the move, donโt come unless you have a job lined up that pays at least $70,000 or youโre in a high-demand field like software. Waukeganโs affordable-ish, but it wonโt hand you a financial win on a silver platter.