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

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

Starting Salary

$46K

COL-adjusted

Mid-Career

$75K

COL-adjusted

ROI Payback

7.5 yrs

in Springfield

Cost of Living

92

index (100 = avg)

Healthcare Administration in Springfield, IL Overview

Springfield, Illinois (pop. 114,394) has 9 colleges offering Healthcare Administration programs. The local cost of living index of 92 is near the national average, with average rent near campus at $642/month. Healthcare Administration has seen growing enrollment nationally, reflecting rising employer demand for Healthcare Policy and Budgeting skills. The adjusted starting salary in Springfield is approximately $46,000, growing to $75,440 by mid-career.

Category

Healthcare

Local Colleges

9

Public Tuition

$12,413/yr

Private Tuition

$27,201/yr

Room & Board

$13,584/yr

Avg Fin. Aid

$7,401/yr

Unemployment

5.8%

Graduation Rate

61%

Healthcare Administration Salary in Springfield (COL-Adjusted)

Salaries adjusted for Springfield's cost of living index of 92 (national average = 100).

Entry Level (0-2 yrs)
$46,000($-4,000 vs national)
Mid Career (5-9 yrs)
$75,440($-6,560 vs national)
Senior Level (15+ yrs)
$96,600($-8,400 vs national)

Note: National average Healthcare Administration salary: $50,000 starting, $82,000 mid-career, $105,000 senior level.Springfield adjustment factor: 0.92x based on the local cost of living index.

Healthcare Administration ROI Calculator for Springfield

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

Public avg: $12,413 | Private avg: $27,201

Springfield avg aid: $7,401/yr

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

Total Education Cost

$103,988

tuition + room & board - aid

Annual Earnings Premium

$13,800

vs HS diploma in Springfield

ROI Payback Period

7.5 years

to break even

Lifetime Return in Springfield

$448,012

Lifetime earnings premium ($552,000) minus total education cost ($103,988)

Student Loan Payoff for Healthcare Administration in Springfield

Standard Plan (10 years)

Loan Amount$103,988
Monthly Payment$1,181
Total Interest$37,704
% of Monthly Income31%

Aggressive Plan (5 years)

Loan Amount$103,988
Monthly Payment$2,035
Total Interest$18,091
Interest Savings$19,613

Colleges in Springfield for Healthcare Administration

University of Illinois Springfield

public

$12,413/yr

$49,652 total

Community Colleges (2-Year Transfer)

Lincoln Land Community College

$4,980/yr

Top Employers for Healthcare Administration in Springfield

Springfield 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 Springfield 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 Springfield — 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 Springfield.

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