SalaryNode

Average Medical and Health Services Managers Salary in Champaign-Urbana, IL

In Champaign-Urbana, IL, Medical and Health Services Managers earn an average annual salary of $124,190. This figure is slightly below the national average of $137,170, a common occurrence in areas with a balanced cost of living. Local economic factors and the specific demand within the region's healthcare sector play a significant role in shaping this compensation.

Executive Summary

  • Average Salary: $124,190 per year.
  • Growth Trend: Salaries have shifted 4.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $201,730.
  • Outlook: The Champaign-Urbana, IL market for Medical and Health Services Managers is moderately concentrated, with a Location Quotient of 1.16, indicating a presence slightly above the national average. The local workforce of 450 professionals in this field suggests a stable, established demand for skilled management within the area's healthcare institutions.
2024 Market Data

Salary Overview

$124,190

The average Medical and Health Services Managers in Champaign-Urbana, IL earns-9.5%below the national average.

BreakdownBased on 40h/week
Hourly

$59.7

Weekly

$2,388

Monthly

$10,349

Medical and Health Services Managers Salary Distribution in Champaign-Urbana, IL

Salary progression for Medical and Health Services Managers in Champaign-Urbana, IL, is strongly tied to experience. Entry-level positions typically command salaries at the lower percentiles, while seasoned professionals with extensive leadership experience and specialized skills can expect to earn significantly more, reaching the upper percentiles. The gap between these salary ranges reflects the value placed on expertise and proven management capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$67,350$32.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$93,143$44.8
ManagerOversees team, compliance, and project delivery.50% (Median)$111,860$53.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$155,238$74.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$201,730$97

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$124,190

Gross Pay

Real Wage (Purchasing Power)

$124,190

Adjusted for COL (100)

With an average annual salary of $124,190 and a Cost of Living Index of 100 (matching the national average), Medical and Health Services Managers in Champaign-Urbana, IL, will find their earnings align closely with national spending power. This means the nominal salary translates effectively into real purchasing power, offering a stable financial environment for residents.

Job Market Context

450

Total Jobs

4.27

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Champaign-Urbana, IL has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

The Location Quotient of 1.16 for Medical and Health Services Managers in Champaign-Urbana, IL, suggests a job market that is slightly more concentrated than the national average. This indicates a healthy demand for these professionals relative to the general workforce, implying a competitive yet accessible market for both employers seeking talent and individuals looking for opportunities.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Champaign-Urbana, IL?

The median annual salary for a Medical and Health Services Managers in Champaign-Urbana, IL is $124,190. This typically ranges from $67,350 for entry-level positions to $201,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Champaign-Urbana, IL is 9.5% lower than the national median of $137,170.

Is Champaign-Urbana, IL a lucrative place for Medical and Health Services Managers?

Yes, it offers a competitive salary aligned with the cost of living.While the average salary of $124,190 is slightly below the national average, the local Cost of Living Index of 100 means your earnings have strong purchasing power. The market's concentration also suggests steady demand for these roles.

Is Champaign-Urbana, IL a good place to live for Medical and Health Services Managers?

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

Where are the highest paying cities near Champaign-Urbana, IL?

Some top paying nearby cities include Decatur, IL ($115,230) and West Central Illinois nonmetropolitan area.

How does the Champaign-Urbana salary compare to the national average?

The average annual salary for Medical and Health Services Managers in Champaign-Urbana, IL, is $124,190, which is approximately 9% lower than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Champaign-Urbana, IL?

The Location Quotient (LQ) is 1.16, meaning this occupation is 16% more concentrated in Champaign-Urbana, IL, than the national average, indicating a slightly higher demand relative to the general workforce.

How many Medical and Health Services Managers work in Champaign-Urbana, IL?

There are approximately 450 Medical and Health Services Managers employed in the Champaign-Urbana, IL metropolitan area.

Does the cost of living affect the value of the salary in Champaign-Urbana, IL?

No, the Cost of Living Index is 100, which is the national average. This means the $124,190 salary has purchasing power equivalent to the national average, making it a stable financial environment.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 450 employees in the Champaign-Urbana, IL area with a job density of 4.27 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.