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Average Veterinarians Salary in Chicago-Naperville-Elgin, IL-IN

Veterinarians in the Chicago-Naperville-Elgin, IL-IN metropolitan area earn an impressive average annual salary of $167,210. This figure significantly surpasses the national average of $140,740, indicating a strong demand and potentially higher value placed on veterinary services within this region. The localized economic factors and the specific needs of this large urban and suburban population likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $167,210 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $250,815.
  • Outlook: With a local workforce of 2,070 Veterinarians and a Location Quotient of 0.89, the job market in Chicago-Naperville-Elgin, IL-IN, shows a slightly lower concentration compared to the national average. While not indicating an oversupply, this suggests a stable, albeit not exceptionally concentrated, demand for veterinary professionals in the area. The presence of a substantial workforce implies ongoing opportunities, but the LQ hints that the market is closely aligned with national employment patterns for this profession.
2024 Market Data

Salary Overview

$167,210

The average Veterinarians in Chicago-Naperville-Elgin, IL-IN earns+18.8%above the national average.

BreakdownBased on 40h/week
Hourly

$80.4

Weekly

$3,216

Monthly

$13,934

Veterinarians Salary Distribution in Chicago-Naperville-Elgin, IL-IN

Salary progression for Veterinarians in Chicago-Naperville-Elgin, IL-IN, typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more, potentially reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries reflects the career advancement and increased responsibility associated with more experienced practitioners.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$78,070$37.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$125,408$60.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$134,430$64.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$209,013$100.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$250,815$120.6

Detailed Veterinarians Market Analysis

Relocation Context

Nominal Salary

$167,210

Gross Pay

Real Wage (Purchasing Power)

$167,210

Adjusted for COL (100)

The average annual salary of $167,210 in Chicago-Naperville-Elgin, IL-IN, is perfectly balanced by the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Veterinarian's salary in this region is equivalent to the national standard, offering no significant advantage or disadvantage in terms of real income compared to the rest of the country.

Job Market Context

2,070

Total Jobs

0.463

Per 1K Jobs

0.89

Location Quotient

Below Average

Chicago-Naperville-Elgin, IL-IN has 0.89x the national average concentration of Veterinarians 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 0.89 suggests that Veterinarian employment in Chicago-Naperville-Elgin, IL-IN, is slightly less concentrated than the national average. This indicates that while the profession is well-represented, it is not disproportionately dominant within the local job market. The market is competitive but offers a stable environment for professionals seeking employment in this metropolitan area.

Nearby Job Markets

Nearby Cities for Veterinarians

CitySalaryDist.
Kenosha, WI Veterinarians Salary$125,240 25%51 mi
Racine-Mount Pleasant, WI Veterinarians Salary$109,090 35%59 mi

Comparing salaries near Chicago-Naperville-Elgin, IL-IN

Hiring Veterinarianss?

Frequently Asked Questions

How much does a Veterinarians make in Chicago-Naperville-Elgin, IL-IN?

The median annual salary for a Veterinarians in Chicago-Naperville-Elgin, IL-IN is $167,210. This typically ranges from $78,070 for entry-level positions to $250,815 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 18.8% higher than the national median of $140,740.

Is Chicago-Naperville-Elgin, IL-IN a lucrative place for Veterinarians?

Yes, it is a lucrative place for Veterinarians.Veterinarians in this area earn significantly above the national average salary. The local cost of living being at the national average further enhances the financial attractiveness of practicing here.

Is Chicago-Naperville-Elgin, IL-IN a good place to live for Veterinarians?

The Cost of Living Index in Chicago-Naperville-Elgin, IL-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Chicago-Naperville-Elgin, IL-IN?

Some top paying nearby cities include Kenosha, WI ($125,240) and Racine-Mount Pleasant, WI.

How does the Chicago Veterinarian salary compare to the national average?

The average annual salary for Veterinarians in Chicago-Naperville-Elgin, IL-IN is $167,210, which is notably higher than the national average of $140,740.

What is the job concentration for Veterinarians in Chicago-Naperville-Elgin, IL-IN?

The Location Quotient for Veterinarians in this area is 0.89, indicating a slightly lower concentration of these jobs compared to the national average.

Does the cost of living affect the Veterinarian salary in Chicago?

No, the cost of living in Chicago-Naperville-Elgin, IL-IN is exactly at the national average (100), meaning the higher nominal salary translates directly to equivalent purchasing power nationally.

How many Veterinarians are employed in the Chicago-Naperville-Elgin, IL-IN area?

There are approximately 2,070 Veterinarians employed within the Chicago-Naperville-Elgin, IL-IN metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,070 employees in the Chicago-Naperville-Elgin, IL-IN area with a job density of 0.463 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.