Average Healthcare Practitioners and Technical Occupations Salary in Traverse City, MI
Healthcare Practitioners and Technical Occupations in Traverse City, MI, earn an average annual salary of $99,780. This figure is slightly below the national average of $105,800, suggesting that while the demand is present, local market dynamics and potentially a different cost structure influence compensation. The specific needs and economic environment of Traverse City play a crucial role in shaping these salary levels.
Executive Summary
- Average Salary: $99,780 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $147,570.
- Outlook: With a local workforce of 5,420 individuals in Healthcare Practitioners and Technical Occupations, Traverse City demonstrates a significant presence in this sector. The location quotient of 1.3 indicates a higher concentration of these roles compared to the national average, suggesting a robust and potentially growing demand for skilled healthcare professionals in the region.
Salary Overview
The average Healthcare Practitioners and Technical Occupations in Traverse City, MI earns-5.7%below the national average.
$48
$1,919
$8,315
Healthcare Practitioners and Technical Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the Healthcare Practitioners and Technical Occupations sector in Traverse City has experienced steady growth over the past four years, mirroring national trends. This growth likely translates to a gradual increase in average salaries as demand for specialized healthcare services continues to rise and the workforce adapts to evolving industry standards.
Healthcare Practitioners and Technical Occupations Salary Distribution in Traverse City, MI
Salary progression for Healthcare Practitioners and Technical Occupations in Traverse City, MI, typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities within the local healthcare landscape.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $44,800 | $21.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $74,835 | $36 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $80,760 | $38.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $124,725 | $60 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $147,570 | $70.9 |
Detailed Healthcare Practitioners and Technical Occupations Market Analysis
Relocation Context
Nominal Salary
$99,780
Gross Pay
Real Wage (Purchasing Power)
$99,780
Adjusted for COL (100)
The average annual salary of $99,780 in Traverse City, MI, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a healthcare practitioner's salary in Traverse City is comparable to the national average, offering a stable financial environment for residents without the added burden of a significantly higher or lower cost of living.
Job Market Context
5,420
Total Jobs
80.623
Per 1K Jobs
1.3
Location Quotient
With a location quotient of 1.30, Traverse City, MI has a slightly higher-than-average concentration of Healthcare Practitioners and Technical Occupations roles compared to the national norm.
Traverse City's location quotient of 1.3 for Healthcare Practitioners and Technical Occupations signifies a notable concentration of these roles, exceeding the national average. This suggests a competitive yet potentially abundant job market where employers may actively seek specialized talent, and professionals can find a good number of opportunities relative to other occupations.
Nearby Job Markets
Hiring Healthcare Practitioners and Technical Occupationss?
Frequently Asked Questions
How much does a Healthcare Practitioners and Technical Occupations make in Traverse City, MI?
The median annual salary for a Healthcare Practitioners and Technical Occupations in Traverse City, MI is $99,780. This typically ranges from $44,800 for entry-level positions to $147,570 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 5.7% lower than the national median of $105,800.
Is Traverse City, MI a lucrative place for Healthcare Practitioners and Technical Occupationss?
Yes, with caveats.Traverse City offers a competitive salary of $99,780, which holds strong purchasing power due to a national average cost of living. The higher-than-average concentration of these roles indicates a healthy job market.
Is Traverse City, MI a good place to live for Healthcare Practitioners and Technical Occupations?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
How does Traverse City's healthcare job market compare to the national average?
Traverse City has a higher concentration of Healthcare Practitioners and Technical Occupations, indicated by a location quotient of 1.3, suggesting a stronger local presence than the national average.
What is the average salary for Healthcare Practitioners and Technical Occupations in Traverse City?
The average annual salary for Healthcare Practitioners and Technical Occupations in Traverse City, MI, is $99,780.
How does the cost of living in Traverse City affect salary?
Traverse City's cost of living index is 100, which is the national average. This means the $99,780 salary has purchasing power equivalent to the national average.
Are there many job opportunities for healthcare professionals in Traverse City?
With 80.623 jobs per 1,000 workers and a location quotient of 1.3, Traverse City presents a favorable environment for healthcare professionals seeking employment.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 5,420 employees in the Traverse City, MI area with a job density of 80.623 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Healthcare Practitioners and Technical Occupations Salaries by State
Top Jobs in Traverse City, MI
- All Occupations Salary in Traverse City, MI
- Office and Administrative Support Occupations Salary in Traverse City, MI
- Food Preparation and Serving Related Occupations Salary in Traverse City, MI
- Sales and Related Occupations Salary in Traverse City, MI
- Healthcare Practitioners and Technical Occupations Salary in Traverse City, MI
- Transportation and Material Moving Occupations Salary in Traverse City, MI
- Management Occupations Salary in Traverse City, MI
- Production Occupations Salary in Traverse City, MI
- Construction and Extraction Occupations Salary in Traverse City, MI
- Business and Financial Operations Occupations Salary in Traverse City, MI
- Browse All Jobs in Traverse City, MI →
Semantic Salary Analysis for Healthcare Practitioners and Technical Occupations • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI