Average Neonatology Salary in Illinois

As of September 28, 2025, a Neonatology in Illinois earns approximately $315,000 per year ($26,250 monthly). Based on an average 52-hour work week, this translates to about $135 per hour. Looking for a broader view? See the Neonatology salary overview or compare nearby states like Arizona, Nevada, and Oregon.

How Much Do Neonatologys Make in Illinois?

From 3 verified physician salary submissions in Illinois, SalaryDr is seeing total compensation ranging from $300,000 to $475,000, with top performers (90th percentile) earning up to $475,000 annually. Compared to the national median of $315,000, Neonatology salaries in Illinois are in line with the national median.

Bonuses, Hours Worked, and Job Satisfaction

In Illinois, the salary progression for neonatology physicians shows significant growth potential. Entry-level positions start at $315,000, while those with more than 10 years of experience earn a typical salary of $387,500 - a 23% increase.

Local Practice Settings and Employers

On average, base salary accounts for 89% of total compensation—about $321,667—with the remaining amount coming from bonuses, profit sharing, and incentives.

Work-Life Balance in Illinois

Local neonatology physicians report 3.3/5 career satisfaction, with 67% of those surveyed saying they would choose this specialty again.

Salary Distribution

Distribution based on 3 verified physician salary submissions.

Median Salary: $315,000

Physician Satisfaction in Neonatology

Satisfaction Rating

3.3/5

Average satisfaction rating reported by Neonatology physicians (1-5 scale).

Would Choose Again

67%

Percentage of Neonatology physicians who would choose this specialty again.

Career Satisfaction

Physicians cite the variety of cases and patient relationships as most rewarding aspects of this specialty.

Primary Challenges

On-call demands, administrative burden, and work-life balance are cited as the top challenges.

Salary Comparison

Location Statistics

Average Salary

$363,333

Median Salary

$315,000

Salary Range

$300,000 - $475,000

National Comparison

National Average

$363,333

Difference

+0% vs National Average

Sample Size

3 local / 3 national reports

Salary by Practice Type

Academic
Average Salary
$363,333
Sample Size
3 submissions

* Practice types with fewer than 3 submissions may be omitted for privacy.

Salary by Experience Level

0-2 years
Average Salary
$315,000
Sample Size
1 submissions
3-5 years
Average Salary
$300,000
Sample Size
1 submissions
6-10 years
Average Salary
$475,000
Sample Size
1 submissions

* Experience levels with fewer than 3 submissions may be omitted for privacy.

Take-Home Pay Calculator

Total Salary
$315,000
Federal Income Tax
-$80,624
State Income Tax
-$15,593
FICA Tax
-$16,056
Take-Home Pay
$202,728
Monthly
$16,894
Taxes (35.6%)
Take-Home (64.4%)
Based on single filing status in Illinois. Results may vary.

Subspecialty Comparison

Transport

Average Salary
$377,500
Sample Size
6 submissions
Focuses on specialized transport procedures and treatments within neonatology, providing expert care in this specific area.

* Subspecialties with fewer than 3 submissions may be omitted for privacy.

* Data is aggregated from verified physician submissions.

Neonatology Market Insights: Illinois

Local market conditions, cost of living, and opportunities for Neonatology physicians in Illinois.

Cost of Living Analysis

Overall Cost Index:95% of national average
Housing Costs:79% of national average
Healthcare Costs:103% of national average
State Income Tax:Yes
Tax Burden:Medium
Salary Adjusted for Cost of Living:
$331,579
Higher cost of living reduces purchasing power by -5%

Major Healthcare Employers

1
Northwestern Medicine
Major healthcare employer in Illinois
2
Rush University Medical Center
Major healthcare employer in Illinois
3
University of Chicago Medicine
Major healthcare employer in Illinois
Career Tip: These health systems often offer competitive Neonatology positions with comprehensive benefits packages.

Market Opportunities

Academic Medicine

Teaching hospitals and medical schools offer Neonatology positions with research opportunities.

Private Practice

Established and startup practices seeking Neonatology physicians with partnership potential.

Locum Tenens

High-demand temporary positions offering flexibility and competitive hourly rates.

Key Market Factors for Neonatology in Illinois

Advantages:

  • • Below-average cost of living
  • • Growing demand for Neonatology services
  • • Established medical community

Considerations:

  • • Malpractice insurance requirements
  • • State licensing and credentialing process
  • • Competition from established practices

Considering a move to Illinois?

Compare Neonatology salaries across different locations and practice settings.

Frequently Asked Questions

Get answers to the most common questions about physician salaries in Neonatology in Illinois.

Data Source: All salary information is based on verified submissions from practicing physicians and is updated regularly to reflect current market conditions.

How to Transition to Neonatology in Illinois

Complete guide for physicians looking to transition careers or relocate to Neonatology in Illinois.

6 Steps6 Months
1

Assess Your Current Position

Evaluate your current specialty, compensation, job satisfaction, and career goals. Identify specific reasons for wanting to transition and what you hope to achieve.

2

Research Target Opportunities

Investigate Neonatology opportunities in Illinois, including salary ranges, practice settings, required qualifications, and market demand.

Learn more →
3

Identify Skill Gaps

Compare your current qualifications with requirements for your target role. Identify any additional training, certifications, or experience needed for a successful transition.

4

Network with Professionals

Connect with Neonatology physicians in Illinois through medical associations, conferences, and professional networks. Conduct informational interviews to gain insights.

5

Develop Transition Plan

Create a timeline for your transition including any required training, licensing requirements, financial planning for potential income changes, and family considerations.

6

Execute Your Transition

Begin applying for positions, complete any required training, and manage the logistics of your career change including contract negotiations and relocation if necessary.

Professional Tip: This guide provides general recommendations. Always consult with career advisors, mentors, and legal professionals for personalized advice specific to your situation.

Neonatology Career Opportunities in Illinois

Explore current job openings and career paths for Neonatology physicians

3 Job Types Available$300,000 - $475,000Illinois

Neonatology - Hospital Employed

IllinoisHospital Employment
$285,000 - $451,250/year

Join our healthcare team as a Neonatology physician. We offer competitive compensation, comprehensive benefits, and opportunities for professional growth in a collaborative environment.

Benefits & Perks

  • Comprehensive health insurance
  • Retirement plan with matching
  • CME allowance and paid time off
  • Malpractice insurance coverage
  • Sign-on bonus available

Requirements

  • Board certification in Neonatology
  • Valid medical license
  • Excellent communication skills
  • Commitment to quality patient care
Posted: RecentlyApplications: OpenType: Full-time

Neonatology - Private Practice Opportunity

IllinoisPrivate Practice
$330,000 - $570,000/year

Exciting private practice opportunity for an experienced Neonatology physician. Partnership track available with established patient base and modern facilities.

Benefits & Perks

  • Partnership opportunity
  • Productivity bonuses
  • Flexible scheduling
  • Modern equipment and facilities
  • Marketing support

Requirements

  • Board certification in Neonatology
  • 2+ years of experience preferred
  • Strong clinical skills
  • Business acumen desired
Posted: RecentlyApplications: OpenType: Full-time

Neonatology - Locum Tenens

IllinoisLocum Tenens
$180 - $343/hour

Flexible locum tenens opportunities for Neonatology physicians. Choose your schedule and location while earning competitive hourly rates.

Benefits & Perks

  • Flexible scheduling
  • Travel and housing provided
  • Malpractice coverage
  • Competitive hourly rates
  • No administrative duties

Requirements

  • Board certification in Neonatology
  • Active medical license
  • Willingness to travel
  • Adaptability to different settings
Posted: RecentlyApplications: OpenType: Full-time

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Note: Job postings are representative examples based on current market conditions. Actual positions may vary in requirements, compensation, and benefits. Always verify details with employers directly.

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About Our Data

Our salary data is based on anonymous submissions from practicing physicians across the United States. We verify and clean the data to ensure accuracy and remove outliers.

Last updated: September 28, 2025