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

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

Starting Salary

$45K

COL-adjusted

Mid-Career

$74K

COL-adjusted

ROI Payback

8.6 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Healthcare Administration in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Healthcare Administration students benefit from the close-knit academic community. Room and board averages $13,641/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 Waukegan is approximately $45,150, growing to $74,046 by mid-career.

Category

Healthcare

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Healthcare Administration Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$45,150($-4,850 vs national)
Mid Career (5-9 yrs)
$74,046($-7,954 vs national)
Senior Level (15+ yrs)
$94,815($-10,185 vs national)

Note: National average Healthcare Administration salary: $50,000 starting, $82,000 mid-career, $105,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Healthcare Administration ROI Calculator for Waukegan

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

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

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

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$13,545

vs HS diploma in Waukegan

ROI Payback Period

8.6 years

to break even

Lifetime Return in Waukegan

$425,636

Lifetime earnings premium ($541,800) minus total education cost ($116,164)

Student Loan Payoff for Healthcare Administration in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income35%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Healthcare Administration

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Healthcare Administration in Waukegan

Waukegan 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 Waukegan 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 Waukegan — 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 Waukegan.

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