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Average Cardiologists Salary in Illinois

Cardiologists in Illinois earn an impressive average annual salary of $475,650, which is notably higher than the national average of $435,200. This elevated compensation is likely influenced by a combination of factors specific to the state's healthcare landscape, including demand for specialized cardiac care and the overall economic environment.

Executive Summary

  • Average Salary: $475,650 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $713,475.
  • Outlook: With a local workforce of 380 Cardiologists and a Location Quotient of 0.53, the job market in Illinois indicates a concentration below the national average. This suggests that while there is a stable presence of these specialists, the demand may not be saturated, potentially offering opportunities for skilled professionals.
2024 Market Data

Salary Overview

$475,650

The average Cardiologists in Illinois earns+9.3%above the national average.

BreakdownBased on 40h/week
Hourly

$228.7

Weekly

$9,147

Monthly

$39,638

Cardiologists Salary Distribution in Illinois

The salary progression for Cardiologists in Illinois, as in most regions, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and a proven track record can expect to earn substantially more, often reaching the higher percentiles of the salary range. These percentile gaps are a clear indicator of career advancement and the value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$114,990$55.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$356,738$171.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$475,654$228.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$594,563$285.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$713,475$343

Detailed Cardiologists Market Analysis

Relocation Context

Nominal Salary

$475,650

Gross Pay

Real Wage (Purchasing Power)

$518,137

Adjusted for COL (91.8)

The average annual salary of $475,650 in Illinois presents a strong financial advantage when considering the local cost of living. With a Cost of Living Index of 91.8 (where 100 is the national average), residents experience a lower cost of living than the typical American. This means the nominal salary translates to a higher purchasing power and a better standard of living for Cardiologists in the state.

Job Market Context

380

Total Jobs

0.062

Per 1K Jobs

0.53

Location Quotient

Below Average

Illinois has 0.53x the national average concentration of Cardiologists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.53 for Cardiologists in Illinois suggests that the concentration of these professionals is less than half of the national average. This indicates that the market is not overly saturated, and there may be a relative abundance of opportunities for qualified Cardiologists compared to the national distribution, potentially leading to competitive hiring environments.

Nearby Job Markets

Hiring Cardiologistss?

Frequently Asked Questions

How much does a Cardiologists make in Illinois?

The median annual salary for a Cardiologists in Illinois is $475,650. This typically ranges from $114,990 for entry-level positions to $713,475 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Illinois is 9.3% higher than the national median of $435,200.

Is Illinois a lucrative place for Cardiologists?

Yes, Illinois is a lucrative place for Cardiologists.Cardiologists in Illinois earn significantly above the national average salary, and the cost of living is below the national average, enhancing their effective earning potential.

Is Illinois a good place to live for Cardiologists?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

How does the number of Cardiologists in Illinois compare nationally?

With 380 Cardiologists, Illinois has a concentration (Location Quotient) of 0.53, meaning it has less than the national average number of these specialists per capita.

What is the job outlook for Cardiologists in Illinois?

The job outlook appears stable to positive, given the below-average concentration and the general trend of increasing demand for specialized medical care.

Does the cost of living in Illinois affect a Cardiologist's salary?

Yes, the cost of living in Illinois is 8.2% lower than the national average, making the high salary of $475,650 provide a greater purchasing power for Cardiologists.

How many Cardiologist jobs are there per 1,000 workers in Illinois?

There are approximately 0.062 Cardiologist jobs per 1,000 workers in Illinois, reflecting the specialized nature of this medical profession.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 380 employees in the Illinois area with a job density of 0.062 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cardiologists • Data source: BLS OEWS 2024 •Jobs in Illinois