Average Physicians, All Other Salary in Bloomington, IL
Physicians, All Other in Bloomington, IL, command an impressive average annual salary of $353,530, significantly outpacing the national average of $256,170. This substantial difference is often driven by localized demand, specialized healthcare needs within the region, and potentially fewer practitioners relative to patient populations, necessitating higher compensation to attract and retain talent.
Executive Summary
- Average Salary: $353,530 per year.
- Growth Trend: Salaries have shifted 22.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $530,295.
- Outlook: The job market for Physicians, All Other in Bloomington, IL, appears robust, supported by a local workforce of 220 professionals. A Location Quotient of 1.21 indicates a higher concentration of these roles compared to the national average, suggesting a steady or growing demand for their specialized skills within the Bloomington area.
Salary Overview
The average Physicians, All Other in Bloomington, IL earns+38.0%above the national average.
$170
$6,799
$29,461
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Physicians, All Other in Bloomington, IL, have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, advancements in medical practices, and inflation likely contribute to a positive salary trajectory for these essential professionals.
Physicians, All Other Salary Distribution in Bloomington, IL
The salary spectrum for Physicians, All Other typically widens considerably with experience. Entry-level practitioners may start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills can command salaries in the upper percentiles. The gap between these salary ranges signifies clear career progression and the increasing value placed on experience and specialization within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $139,700 | $67.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $265,148 | $127.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $353,538 | $170 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $441,913 | $212.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $530,295 | $254.9 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$353,530
Gross Pay
Real Wage (Purchasing Power)
$353,530
Adjusted for COL (100)
For Physicians, All Other relocating to Bloomington, IL, the nominal average salary of $353,530 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of their earnings in Bloomington is equivalent to the national average, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living.
Job Market Context
220
Total Jobs
2.474
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Bloomington, IL has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.
With a Location Quotient of 1.21, Bloomington, IL, demonstrates a slightly higher concentration of Physicians, All Other than the national average. This suggests that the job market is not oversaturated and that there is a discernible demand for these medical professionals within the local healthcare ecosystem, potentially offering good opportunities for those seeking employment.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| West Central Illinois nonmetropolitan area Physicians, All Other Salary | $360,060↑ 2% | 9 mi |
| East Central Illinois nonmetropolitan area Physicians, All Other Salary | $331,860↓ 6% | 9 mi |
| Northwest Illinois nonmetropolitan area Physicians, All Other Salary | $303,350↓ 14% | 9 mi |
| South Illinois nonmetropolitan area Physicians, All Other Salary | $318,690↓ 10% | 9 mi |
Comparing salaries near Bloomington, IL
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Bloomington, IL?
The median annual salary for a Physicians, All Other in Bloomington, IL is $353,530. This typically ranges from $139,700 for entry-level positions to $530,295 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bloomington, IL is 38.0% higher than the national median of $256,170.
Is Bloomington, IL a lucrative place for Physicians, All Other?
Yes, Bloomington, IL is a highly lucrative location for Physicians, All Other.The average annual salary of $353,530 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Bloomington, IL a good place to live for Physicians, All Others?
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 ($360,060) and East Central Illinois nonmetropolitan area.
How does the Bloomington, IL salary compare to the national average for Physicians, All Other?
Physicians, All Other in Bloomington, IL, earn an average of $353,530 annually, which is substantially higher than the national average of $256,170.
What is the concentration of Physicians, All Other in Bloomington, IL?
The concentration, measured by the Location Quotient, is 1.21, indicating that there are more Physicians, All Other employed in Bloomington relative to the national average.
How does the cost of living in Bloomington, IL affect the salary?
The cost of living in Bloomington, IL, is at the national average (100). This means the high salary of $353,530 offers excellent purchasing power for residents.
What does the total local workforce number indicate for Physicians, All Other in Bloomington, IL?
A total local workforce of 220 suggests a moderately sized but established presence of Physicians, All Other in Bloomington, IL, supporting the demand indicated by the Location Quotient.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Bloomington, IL area with a job density of 2.474 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Bloomington, IL