SalaryNode

Average Medical and Health Services Managers Salary in Bloomington, IL

Medical and Health Services Managers in Bloomington, IL, earn an average annual salary of $127,790. This figure is slightly below the national average of $137,170, indicating localized economic factors and demand influence compensation in this Illinois city. While the nominal salary is competitive, understanding the nuances of the local market is key.

Executive Summary

  • Average Salary: $127,790 per year.
  • Growth Trend: Salaries have shifted 15.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,440.
  • Outlook: Bloomington, IL, hosts a workforce of 240 Medical and Health Services Managers, representing 2.701 jobs per 1,000 workers. The Location Quotient of 0.74 suggests a slightly lower concentration of these roles compared to the national average, implying a stable but not hyper-inflated demand for these professionals within the local healthcare ecosystem.
2024 Market Data

Salary Overview

$127,790

The average Medical and Health Services Managers in Bloomington, IL earns-6.8%below the national average.

BreakdownBased on 40h/week
Hourly

$61.4

Weekly

$2,458

Monthly

$10,649

Medical and Health Services Managers Salary Distribution in Bloomington, IL

Career progression for Medical and Health Services Managers significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting their increased responsibility and expertise in managing complex healthcare operations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$69,260$33.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$95,843$46.1
ManagerOversees team, compliance, and project delivery.50% (Median)$103,600$49.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$159,738$76.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$206,440$99.3

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$127,790

Gross Pay

Real Wage (Purchasing Power)

$127,790

Adjusted for COL (100)

The average annual salary of $127,790 in Bloomington, IL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical and Health Services Manager's salary in Bloomington is equivalent to the national average, offering a stable financial standing relative to living expenses.

Job Market Context

240

Total Jobs

2.701

Per 1K Jobs

0.74

Location Quotient

Below Average

Bloomington, IL has 0.74x the national average concentration of Medical and Health Services Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

With a Location Quotient of 0.74, Bloomington, IL, presents a market where Medical and Health Services Managers are present but not overwhelmingly concentrated compared to the national landscape. This suggests a balanced job market, offering opportunities without the intense competition often found in areas with higher LQs.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Bloomington, IL?

The median annual salary for a Medical and Health Services Managers in Bloomington, IL is $127,790. This typically ranges from $69,260 for entry-level positions to $206,440 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bloomington, IL is 6.8% lower than the national median of $137,170.

Is Bloomington, IL a lucrative place for Medical and Health Services Managers?

Yes, with caveats.The average salary of $127,790 is competitive, especially considering the national average cost of living. However, it is slightly below the national average salary for the role.

Is Bloomington, IL a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Bloomington, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bloomington, IL?

Some top paying nearby cities include West Central Illinois nonmetropolitan area ($109,870) and East Central Illinois nonmetropolitan area.

How does Bloomington's salary compare to the national average?

Medical and Health Services Managers in Bloomington, IL, earn an average of $127,790 annually, which is approximately 6.8% lower than the national average of $137,170.

What is the cost of living in Bloomington, IL for these managers?

The cost of living in Bloomington, IL, is exactly at the national average (index of 100), meaning your salary of $127,790 has the same purchasing power as the national average salary.

How concentrated are Medical and Health Services Manager jobs in Bloomington?

The concentration of these jobs in Bloomington, IL, is indicated by a Location Quotient of 0.74, meaning there are fewer such roles relative to the national average.

What is the total number of Medical and Health Services Managers in Bloomington, IL?

There are approximately 240 Medical and Health Services Managers employed in Bloomington, IL.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Bloomington, IL area with a job density of 2.701 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.