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Average Physicians, All Other Salary in East Central Illinois nonmetropolitan area

Physicians, All Other in the East Central Illinois nonmetropolitan area earn an impressive average annual salary of $331,860. This figure significantly surpasses the national average of $256,170, indicating a strong demand for specialized medical professionals in this region. The higher compensation is likely driven by factors such as the need to attract and retain talent in non-metropolitan areas and potentially a higher patient-to-physician ratio.

Executive Summary

  • Average Salary: $331,860 per year.
  • Growth Trend: Salaries have shifted 13.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $497,790.
  • Outlook: With a total local workforce of 200 Physicians, All Other, and a Location Quotient of 0.69, the job market in East Central Illinois suggests a moderate concentration of these professionals compared to national levels. While not as densely populated with this specialty as the national average, the presence of 1.407 jobs per 1,000 workers indicates a steady demand for their services within the community.
2024 Market Data

Salary Overview

$331,860

The average Physicians, All Other in East Central Illinois nonmetropolitan area earns+29.5%above the national average.

BreakdownBased on 40h/week
Hourly

$159.6

Weekly

$6,382

Monthly

$27,655

Physicians, All Other Salary Distribution in East Central Illinois nonmetropolitan area

The salary spectrum for Physicians, All Other in East Central Illinois typically widens significantly with experience. Entry-level positions will command a lower salary, while seasoned professionals with extensive expertise and specialized skills can expect to earn substantially more. The percentile gaps in salary distribution serve as a clear indicator of career progression, rewarding advanced knowledge and years of dedicated practice.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$104,010$50
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$248,895$119.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$331,864$159.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$414,825$199.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$497,790$239.3

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$331,860

Gross Pay

Real Wage (Purchasing Power)

$331,860

Adjusted for COL (100)

The average annual salary of $331,860 in East Central Illinois presents a highly favorable financial situation, especially considering the local Cost of Living Index is exactly at the national average of 100. This means that the high earnings translate directly into significant purchasing power, allowing physicians to enjoy a comfortable lifestyle without the added financial strain often associated with higher cost-of-living areas.

Job Market Context

200

Total Jobs

1.407

Per 1K Jobs

0.69

Location Quotient

Below Average

East Central Illinois nonmetropolitan area has 0.69x the national average concentration of Physicians, All Other 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 0.69 for Physicians, All Other in East Central Illinois indicates that this specialty is less concentrated in this region compared to the national average. This suggests that while the demand exists, the market may be less saturated with these professionals, potentially offering more opportunities for those seeking employment or for employers looking to fill critical roles.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near East Central Illinois nonmetropolitan area

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in East Central Illinois nonmetropolitan area?

The median annual salary for a Physicians, All Other in East Central Illinois nonmetropolitan area is $331,860. This typically ranges from $104,010 for entry-level positions to $497,790 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in East Central Illinois nonmetropolitan area is 29.5% higher than the national median of $256,170.

Is East Central Illinois nonmetropolitan area a lucrative place for Physicians, All Other?

Yes, it is a highly lucrative place for Physicians, All Other.The average annual salary of $331,860 significantly exceeds the national average, and the cost of living is on par with the national average, offering excellent purchasing power.

Is East Central Illinois nonmetropolitan area a good place to live for Physicians, All Others?

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

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

Some top paying nearby cities include Bloomington, IL ($353,530) and Decatur, IL.

How does the salary compare to the national average?

Physicians, All Other in East Central Illinois earn an average of $331,860 annually, which is considerably higher than the national average of $256,170.

What is the concentration of Physicians, All Other in this area?

The Location Quotient of 0.69 indicates that this specialty is less concentrated in East Central Illinois compared to the national average.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local cost of living matches the national average, meaning the high salary of $331,860 offers substantial real income and purchasing power.

What does the job market look like for these physicians?

The market shows a steady presence with 1.407 jobs per 1,000 workers, suggesting consistent demand for Physicians, All Other in the East Central Illinois nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the East Central Illinois nonmetropolitan area area with a job density of 1.407 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.