Average Physicians, All Other Salary in Springfield, IL
Physicians in Springfield, IL, command an impressive average annual salary of $346,240, significantly outpacing the national average of $256,170. This substantial difference is driven by a combination of specialized demand within the region and the unique healthcare needs of the Springfield metropolitan area, creating a highly compensated environment for medical professionals.
Executive Summary
- Average Salary: $346,240 per year.
- Growth Trend: Salaries have shifted 23.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $519,360.
- Outlook: The local job market for Physicians, All Other, in Springfield, IL, appears robust, supported by a total workforce of 640 professionals in this category. The concentration, indicated by a Location Quotient of 3.05, suggests a significantly higher presence of these roles compared to the national average, pointing to strong local demand and a well-established professional community.
Salary Overview
The average Physicians, All Other in Springfield, IL earns+35.2%above the national average.
$166.5
$6,658
$28,853
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a positive trend in salary growth for Physicians, All Other, in Springfield, IL, over the past four years, mirroring national trends of increasing healthcare compensation. Factors such as evolving medical technologies, an aging population, and persistent demand for skilled medical practitioners likely contribute to this upward trajectory.
Physicians, All Other Salary Distribution in Springfield, IL
Salary progression for Physicians, All Other, in Springfield, IL, typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive expertise and specialized skills can expect to reach the higher percentiles of the $346,240 average. The widening gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $67,300 | $32.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $259,680 | $124.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $346,237 | $166.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $432,800 | $208.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $519,360 | $249.7 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$346,240
Gross Pay
Real Wage (Purchasing Power)
$346,240
Adjusted for COL (100)
The nominal average annual salary of $346,240 in Springfield, IL, is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a physician's salary in Springfield is equivalent to the national average, allowing for a comfortable lifestyle without the premium often associated with higher-paying metropolitan areas.
Job Market Context
640
Total Jobs
6.235
Per 1K Jobs
3.05
Location Quotient
Springfield, IL has 3.0x 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.
Springfield, IL, exhibits a highly concentrated market for Physicians, All Other, with a Location Quotient of 3.05. This indicates that the region employs nearly three times the number of these professionals relative to the national average, suggesting a strong demand and a potentially competitive environment for new entrants, while also highlighting the importance of this profession to the local economy.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Decatur, IL Physicians, All Other Salary | $305,560↓ 12% | 39 mi |
| West Central Illinois nonmetropolitan area Physicians, All Other Salary | $360,060↑ 4% | 53 mi |
| East Central Illinois nonmetropolitan area Physicians, All Other Salary | $331,860↓ 4% | 53 mi |
| Northwest Illinois nonmetropolitan area Physicians, All Other Salary | $303,350↓ 12% | 53 mi |
| South Illinois nonmetropolitan area Physicians, All Other Salary | $318,690↓ 8% | 53 mi |
Comparing salaries near Springfield, IL
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Springfield, IL?
The median annual salary for a Physicians, All Other in Springfield, IL is $346,240. This typically ranges from $67,300 for entry-level positions to $519,360 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, IL is 35.2% higher than the national median of $256,170.
Is Springfield, IL a lucrative place for Physicians, All Other?
Yes, Springfield, IL is a highly lucrative place for Physicians, All Other.Physicians in Springfield, IL earn significantly above the national average salary, and with a cost of living at the national average, their high earnings translate to excellent purchasing power.
Is Springfield, IL a good place to live for Physicians, All Others?
The Cost of Living Index in Springfield, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, IL?
Some top paying nearby cities include Decatur, IL ($305,560) and West Central Illinois nonmetropolitan area.
How does the local physician salary compare to the national average?
Physicians in Springfield, IL, earn an average of $346,240 annually, which is substantially higher than the national average of $256,170.
What is the cost of living in Springfield, IL for physicians?
The cost of living in Springfield, IL, is exactly at the national average (100), meaning a physician's salary here has the same purchasing power as it would nationally.
Is there high demand for physicians in Springfield, IL?
Yes, the Location Quotient of 3.05 indicates a significantly higher concentration of Physicians, All Other, in Springfield compared to the national average, suggesting strong local demand.
How many physicians are employed in Springfield, IL?
There are approximately 640 Physicians, All Other, employed within the Springfield, 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 640 employees in the Springfield, IL area with a job density of 6.235 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 Springfield, IL