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Average Medical and Health Services Managers Salary in West Central Illinois nonmetropolitan area

Medical and Health Services Managers in the West Central Illinois nonmetropolitan area earn an average annual salary of $109,870. This figure is notably below the national average of $137,170, reflecting regional economic factors and potentially a different demand-supply dynamic for these specialized roles outside major metropolitan hubs.

Executive Summary

  • Average Salary: $109,870 per year.
  • Growth Trend: Salaries have shifted 15.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $159,630.
  • Outlook: With a local workforce of 570 Medical and Health Services Managers and a Location Quotient of 0.92, the job market in West Central Illinois is closely aligned with the national concentration. This suggests a stable, albeit not exceptionally concentrated, demand for these professionals, indicating a steady employment landscape for those in the field.
2024 Market Data

Salary Overview

$109,870

The average Medical and Health Services Managers in West Central Illinois nonmetropolitan area earns-19.9%below the national average.

BreakdownBased on 40h/week
Hourly

$52.8

Weekly

$2,113

Monthly

$9,156

Medical and Health Services Managers Salary Distribution in West Central Illinois nonmetropolitan area

Salary progression for Medical and Health Services Managers typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while senior roles, requiring extensive leadership and strategic planning expertise, will occupy the higher percentiles. The gap between entry-level and senior compensation underscores the substantial career growth and earning potential within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,720$31.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$82,403$39.6
ManagerOversees team, compliance, and project delivery.50% (Median)$97,230$46.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$137,338$66
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$159,630$76.7

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$109,870

Gross Pay

Real Wage (Purchasing Power)

$109,870

Adjusted for COL (100)

The average annual salary of $109,870 in West Central Illinois aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making it a financially neutral relocation from a cost-of-living perspective.

Job Market Context

570

Total Jobs

3.366

Per 1K Jobs

0.92

Location Quotient

Below Average

West Central Illinois nonmetropolitan area has 0.92x 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.

A Location Quotient of 0.92 indicates that Medical and Health Services Managers are slightly less concentrated in West Central Illinois compared to the national average. This suggests a market that is neither oversaturated nor critically undersupplied, presenting a balanced environment for job seekers and employers alike, with opportunities available but perhaps requiring a targeted approach.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

Comparing salaries near West Central Illinois nonmetropolitan area

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in West Central Illinois nonmetropolitan area?

The median annual salary for a Medical and Health Services Managers in West Central Illinois nonmetropolitan area is $109,870. This typically ranges from $65,720 for entry-level positions to $159,630 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in West Central Illinois nonmetropolitan area is 19.9% lower than the national median of $137,170.

Is West Central Illinois nonmetropolitan area a lucrative place for Medical and Health Services Managerss?

No, not when compared to the national average.While the average salary of $109,870 is substantial, it falls below the national average of $137,170. However, the cost of living being at the national average neutralizes some of this difference in purchasing power.

Is West Central Illinois nonmetropolitan area a good place to live for Medical and Health Services Managers?

The Cost of Living Index in West Central Illinois nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near West Central Illinois nonmetropolitan area?

Some top paying nearby cities include Bloomington, IL ($127,790) and Decatur, IL.

How does the number of Medical and Health Services Managers in West Central Illinois compare nationally?

With 3.366 jobs per 1,000 workers, the concentration is very close to the national average, indicating a similar presence of these roles relative to the overall workforce.

What is the significance of the Location Quotient (LQ) for this role in West Central Illinois?

An LQ of 0.92 means that Medical and Health Services Managers are employed in West Central Illinois at 92% of the rate they are employed nationally, suggesting a slightly lower but comparable concentration.

Does experience significantly impact salary for this role in this region?

Yes, as in most fields, experience is a key driver of salary. Senior managers with extensive experience will earn considerably more than those in entry-level positions.

Is the cost of living a major factor when considering a job in West Central Illinois?

No, the cost of living index is exactly 100, which is the national average. This means your salary will have the same purchasing power as it would on average across the United States.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the West Central Illinois nonmetropolitan area area with a job density of 3.366 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.