Average Medical and Health Services Managers Salary in Chicago-Naperville-Elgin, IL-IN
Medical and Health Services Managers in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $141,690. This figure slightly surpasses the national average of $137,170, indicating a strong demand and potentially higher operational costs within this major urban hub. The competitive compensation reflects the complex administrative and strategic roles these professionals fulfill in a dynamic healthcare landscape.
Executive Summary
- Average Salary: $141,690 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $222,780.
- Outlook: With a local workforce of 15,760 Medical and Health Services Managers, the Chicago-Naperville-Elgin area demonstrates a substantial presence in this vital sector. The Location Quotient of 0.96 suggests that while the concentration is nearly on par with the national average, the sheer volume of jobs indicates a robust and active market. This sustained employment level points to ongoing demand for skilled leadership in healthcare administration within the region.
Salary Overview
The average Medical and Health Services Managers in Chicago-Naperville-Elgin, IL-IN earns+3.3%above the national average.
$68.1
$2,725
$11,808
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in a major metropolitan area like Chicago have experienced consistent growth over the past four years. Factors such as increasing healthcare complexity, an aging population, and evolving regulatory environments typically drive up demand and, consequently, compensation for experienced professionals in this field.
Medical and Health Services Managers Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Salary progression for Medical and Health Services Managers is strongly tied to experience and demonstrated leadership capabilities. Entry-level positions typically command lower salaries, while senior roles, requiring extensive experience in strategic planning, financial management, and operational oversight, can reach significantly higher compensation levels. The widening gap between entry-level and senior percentile salaries reflects the substantial career growth and increased responsibility associated with advancing in this profession.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,210 | $37.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $106,268 | $51.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $124,350 | $59.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $177,113 | $85.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $222,780 | $107.1 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$141,690
Gross Pay
Real Wage (Purchasing Power)
$141,690
Adjusted for COL (100)
The average annual salary of $141,690 in Chicago-Naperville-Elgin, IL-IN 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 this region is equivalent to the national average. While the nominal salary is higher than the national average, the cost of living being at par suggests that the increased earnings are effectively utilized to maintain a comparable standard of living.
Job Market Context
15,760
Total Jobs
3.522
Per 1K Jobs
0.96
Location Quotient
Chicago-Naperville-Elgin, IL-IN has 0.96x 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.
The Location Quotient of 0.96 for Medical and Health Services Managers in Chicago-Naperville-Elgin, IL-IN indicates a job market that is very close to the national average in terms of concentration. This suggests that the region is neither significantly over- nor under-saturated with these professionals relative to the rest of the country. The market is competitive, with a healthy number of opportunities available that closely mirror national trends.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Michigan City-La Porte, IN Medical and Health Services Managers Salary | $115,750↓ 18% | 41 mi |
| Kenosha, WI Medical and Health Services Managers Salary | $130,810↓ 8% | 51 mi |
| Kankakee, IL Medical and Health Services Managers Salary | $113,370↓ 20% | 55 mi |
| Racine-Mount Pleasant, WI Medical and Health Services Managers Salary | $133,210↓ 6% | 59 mi |
| Niles, MI Medical and Health Services Managers Salary | $113,530↓ 20% | 71 mi |
Comparing salaries near Chicago-Naperville-Elgin, IL-IN
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Medical and Health Services Managers in Chicago-Naperville-Elgin, IL-IN is $141,690. This typically ranges from $78,210 for entry-level positions to $222,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chicago-Naperville-Elgin, IL-IN is 3.3% higher than the national median of $137,170.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Medical and Health Services Managerss?
Yes, it offers a lucrative environment for Medical and Health Services Managers.The average salary of $141,690 is higher than the national average, and the cost of living is on par with the national average, indicating strong earning potential and purchasing power.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?
Some top paying nearby cities include Michigan City-La Porte, IN ($115,750) and Kenosha, WI.
How does the Chicago salary compare to the national average?
The average annual salary for Medical and Health Services Managers in Chicago-Naperville-Elgin, IL-IN is $141,690, which is slightly higher than the national average of $137,170.
What is the cost of living in Chicago-Naperville-Elgin, IL-IN?
The Cost of Living Index for the Chicago-Naperville-Elgin, IL-IN area is 100, which is exactly the national average.
How concentrated is the job market for Medical and Health Services Managers in Chicago?
The job market concentration, measured by the Location Quotient, is 0.96, indicating that the proportion of these jobs in Chicago is very close to the national average.
What is the total number of Medical and Health Services Managers in the Chicago area?
There are approximately 15,760 Medical and Health Services Managers employed in the Chicago-Naperville-Elgin, IL-IN metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 15,760 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 3.522 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN