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Healthcare Administration Degree in Peoria, IL — Salary & ROI 2026

Healthcare Administration degree analysis for Peoria, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$52K

COL-adjusted

Mid-Career

$85K

COL-adjusted

ROI Payback

4.8 yrs

in Peoria

Cost of Living

104

index (100 = avg)

Healthcare Administration in Peoria, IL Overview

While Peoria has a smaller college scene with 5 institutions, Healthcare Administration students benefit from lower tuition costs. Room and board averages $10,566/year, and the car-friendly layout shapes the student experience. Healthcare Administration has seen growing enrollment nationally, reflecting rising employer demand for Healthcare Policy and Budgeting skills. The adjusted starting salary in Peoria is approximately $52,000, growing to $85,280 by mid-career.

Category

Healthcare

Local Colleges

5

Public Tuition

$8,032/yr

Private Tuition

$38,400/yr

Room & Board

$10,566/yr

Avg Fin. Aid

$9,588/yr

Unemployment

5.6%

Graduation Rate

47%

Healthcare Administration Salary in Peoria (COL-Adjusted)

Salaries adjusted for Peoria's cost of living index of 104 (national average = 100).

Entry Level (0-2 yrs)
$52,000(+$2,000 vs national)
Mid Career (5-9 yrs)
$85,280(+$3,280 vs national)
Senior Level (15+ yrs)
$109,200(+$4,200 vs national)

Note: National average Healthcare Administration salary: $50,000 starting, $82,000 mid-career, $105,000 senior level.Peoria adjustment factor: 1.04x based on the local cost of living index.

Healthcare Administration ROI Calculator for Peoria

Estimate your return on investment for a Healthcare Administration degree using local Peoria tuition and cost of living data.

Public avg: $8,032 | Private avg: $38,400

Peoria avg aid: $9,588/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$74,392

tuition + room & board - aid

Annual Earnings Premium

$15,600

vs HS diploma in Peoria

ROI Payback Period

4.8 years

to break even

Lifetime Return in Peoria

$549,608

Lifetime earnings premium ($624,000) minus total education cost ($74,392)

Student Loan Payoff for Healthcare Administration in Peoria

Standard Plan (10 years)

Loan Amount$74,392
Monthly Payment$845
Total Interest$26,973
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$74,392
Monthly Payment$1,456
Total Interest$12,942
Interest Savings$14,031

Colleges in Peoria for Healthcare Administration

Bradley University

private

$38,400/yr

$153,600 total

Community Colleges (2-Year Transfer)

Illinois Central College

$4,980/yr

Top Employers for Healthcare Administration in Peoria

Peoria offers opportunities in Hospitals, Medical centers, Private practices for Healthcare Administration graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteUnitedHealth GroupHospitalsInsurance Companies

Key Peoria Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Healthcare Administration Job Titles

Hospital AdministratorHealth Services ManagerPractice Manager

Healthcare Administration Degree in Peoria — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Healthcare Administration ROI in other cities, or explore other majors in Peoria.

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