Average Ophthalmologists, Except Pediatric Salary in Chicago-Naperville-Elgin, IL-IN
Ophthalmologists, Except Pediatric, in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $315,710. This figure notably surpasses the national average of $303,110, indicating a premium for specialized medical talent within this region. The higher compensation is likely driven by a combination of factors including the area's significant population density, demand for advanced medical services, and the concentration of healthcare facilities.
Executive Summary
- Average Salary: $315,710 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $473,565.
- Outlook: The job market for Ophthalmologists, Except Pediatric, in Chicago-Naperville-Elgin, IL-IN appears robust, characterized by a local workforce of 490 professionals. The Location Quotient of 1.39 suggests a higher concentration of these specialists compared to the national average, implying a sustained demand that supports the local employment landscape for this critical medical role.
Salary Overview
The average Ophthalmologists, Except Pediatric in Chicago-Naperville-Elgin, IL-IN earns+4.2%above the national average.
$151.8
$6,071
$26,309
Ophthalmologists, Except Pediatric Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Ophthalmologists, Except Pediatric, in the Chicago-Naperville-Elgin, IL-IN area have experienced steady growth over the past four years. This trend is generally observed across the healthcare sector, driven by increasing demand for specialized medical services, advancements in technology, and the ongoing need for experienced practitioners.
Ophthalmologists, Except Pediatric Salary Distribution in Chicago-Naperville-Elgin, IL-IN
Salary progression for Ophthalmologists, Except Pediatric, typically scales significantly with experience. Entry-level practitioners will generally earn at the lower end of the pay scale, while those with extensive experience, specialized fellowships, or leadership roles command substantially higher compensation. The percentile gaps in salary distribution reflect this career trajectory, with senior ophthalmologists earning considerably more than their early-career counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $102,020 | $49 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $236,783 | $113.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $315,702 | $151.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $394,638 | $189.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $473,565 | $227.7 |
Detailed Ophthalmologists, Except Pediatric Market Analysis
Relocation Context
Nominal Salary
$315,710
Gross Pay
Real Wage (Purchasing Power)
$315,710
Adjusted for COL (100)
The average annual salary of $315,710 for Ophthalmologists, Except Pediatric, in Chicago-Naperville-Elgin, IL-IN is particularly attractive when considering the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of this high salary is not diminished by inflated living expenses, allowing professionals to enjoy a strong financial standing within the region.
Job Market Context
490
Total Jobs
0.109
Per 1K Jobs
1.39
Location Quotient
With a location quotient of 1.39, Chicago-Naperville-Elgin, IL-IN has a slightly higher-than-average concentration of Ophthalmologists, Except Pediatric roles compared to the national norm.
With a Location Quotient of 1.39, the Chicago-Naperville-Elgin, IL-IN area exhibits a notable concentration of Ophthalmologists, Except Pediatric, relative to the national average. This suggests a competitive yet well-established market for these professionals, indicating that while there is a good supply, the demand is also robust enough to support this higher concentration and associated compensation.
Nearby Job Markets
Hiring Ophthalmologists, Except Pediatrics?
Frequently Asked Questions
How much does a Ophthalmologists, Except Pediatric make in Chicago-Naperville-Elgin, IL-IN?
The median annual salary for a Ophthalmologists, Except Pediatric in Chicago-Naperville-Elgin, IL-IN is $315,710. This typically ranges from $102,020 for entry-level positions to $473,565 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 4.2% higher than the national median of $303,110.
Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Ophthalmologists, Except Pediatrics?
Yes, it is a highly lucrative location for Ophthalmologists, Except Pediatrics.The average salary of $315,710 significantly exceeds the national average, and the cost of living is on par with the national average, maximizing earning potential.
Is Chicago-Naperville-Elgin, IL-IN a good place to live for Ophthalmologists, Except Pediatrics?
The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.
How does the Chicago area's ophthalmologist concentration compare nationally?
The Chicago-Naperville-Elgin, IL-IN area has a Location Quotient of 1.39, indicating a 39% higher concentration of Ophthalmologists, Except Pediatric, than the national average.
What is the total number of Ophthalmologists, Except Pediatric, in the Chicago area?
There are approximately 490 Ophthalmologists, Except Pediatric, employed within the Chicago-Naperville-Elgin, IL-IN metropolitan statistical area.
Does the cost of living affect the purchasing power of an ophthalmologist's salary in Chicago?
No, the cost of living in Chicago-Naperville-Elgin, IL-IN is at the national average (100), meaning the $315,710 salary retains its full purchasing power compared to the national average.
How does the job market for ophthalmologists look in Chicago?
The market appears strong, with a higher-than-average concentration of specialists (LQ 1.39) and a substantial local workforce, suggesting consistent demand for their services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.109 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Ophthalmologists, Except Pediatric • Data source: BLS OEWS 2024 •Jobs in Chicago-Naperville-Elgin, IL-IN