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Average Physicians, All Other Salary in Rockford, IL

Physicians, All Other in Rockford, IL are earning an impressive average annual salary of $321,030, significantly surpassing the national average of $256,170. This elevated compensation is likely driven by the specialized demand for medical professionals within the region and the specific healthcare needs of the Rockford community, reflecting a localized premium for their expertise.

Executive Summary

  • Average Salary: $321,030 per year.
  • Growth Trend: Salaries have shifted 27.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $481,545.
  • Outlook: The local job market for Physicians, All Other in Rockford, IL appears robust, evidenced by a total workforce of 520 individuals in this role. The concentration, measured by a Location Quotient of 1.81, indicates a higher prevalence of these professionals compared to the national average, suggesting consistent demand and a stable employment landscape for physicians in the area.
2024 Market Data

Salary Overview

$321,030

The average Physicians, All Other in Rockford, IL earns+25.3%above the national average.

BreakdownBased on 40h/week
Hourly

$154.3

Weekly

$6,174

Monthly

$26,753

Physicians, All Other Salary Distribution in Rockford, IL

Salary progression for Physicians, All Other typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, potentially reaching the higher percentiles of the $321,030 average. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$68,630$33
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$240,773$115.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$321,027$154.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$401,288$192.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$481,545$231.5

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$321,030

Gross Pay

Real Wage (Purchasing Power)

$321,030

Adjusted for COL (100)

With an average annual salary of $321,030 and a Cost of Living Index of 100, Rockford, IL presents a highly favorable financial scenario for Physicians, All Other. The nominal salary offers substantial purchasing power, as the cost of goods and services is precisely aligned with the national average, meaning your earnings in Rockford will go as far as they would in a typical U.S. city.

Job Market Context

520

Total Jobs

3.708

Per 1K Jobs

1.81

Location Quotient

Major Hub

Rockford, IL has 1.8x the national concentration of Physicians, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 1.81 for Physicians, All Other in Rockford, IL signifies a market that is nearly twice as concentrated as the national average. This suggests a strong and established presence of these professionals, indicating a competitive yet potentially abundant job market where demand is consistently met by a skilled local talent pool.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Madison, WI Physicians, All Other Salary$324,830↑ 1%59 mi
Chicago-Naperville-Elgin, IL-IN Physicians, All Other Salary$227,170↓ 29%78 mi

Comparing salaries near Rockford, IL

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Rockford, IL?

The median annual salary for a Physicians, All Other in Rockford, IL is $321,030. This typically ranges from $68,630 for entry-level positions to $481,545 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rockford, IL is 25.3% higher than the national median of $256,170.

Is Rockford, IL a lucrative place for Physicians, All Other?

Yes, Rockford, IL is a highly lucrative location for Physicians, All Other.The average salary of $321,030 significantly exceeds the national average, and with a cost of living at the national benchmark, your earnings offer excellent purchasing power.

Is Rockford, IL a good place to live for Physicians, All Others?

The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Rockford, IL?

Some top paying nearby cities include Madison, WI ($324,830) and Chicago-Naperville-Elgin, IL-IN.

How does the Rockford physician salary compare to the national average?

Physicians, All Other in Rockford, IL earn an average of $321,030 annually, which is considerably higher than the national average of $256,170.

What is the cost of living in Rockford, IL for physicians?

The cost of living in Rockford, IL is at the national average, indexed at 100, meaning your high salary offers strong purchasing power.

Is there high demand for physicians in Rockford, IL?

Yes, the Location Quotient of 1.81 indicates a higher concentration of physicians than the national average, suggesting robust local demand.

How many Physicians, All Other work in Rockford, IL?

There are approximately 520 Physicians, All Other employed within the Rockford, IL workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the Rockford, IL area with a job density of 3.708 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Rockford, IL