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Average Healthcare Social Workers Salary in Lexington-Fayette, KY

Healthcare Social Workers in Lexington-Fayette, KY, earn an average annual salary of $66,800. This figure is slightly below the national average of $71,920, reflecting local economic conditions and demand specific to the region. While the nominal pay may be lower, the cost of living in Lexington-Fayette is precisely at the national average, suggesting a comparable purchasing power.

Executive Summary

  • Average Salary: $66,800 per year.
  • Growth Trend: Salaries have shifted 19.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $85,980.
  • Outlook: The healthcare social work sector in Lexington-Fayette, KY, demonstrates a stable presence with a local workforce of 350 professionals. The location quotient of 1.03 indicates a concentration of these roles that is slightly above the national average, suggesting a healthy and consistent demand for healthcare social workers within the community. With 1.247 jobs per 1,000 workers, the market is robust enough to support existing professionals and absorb new talent.
2024 Market Data

Salary Overview

$66,800

The average Healthcare Social Workers in Lexington-Fayette, KY earns-7.1%below the national average.

BreakdownBased on 40h/week
Hourly

$32.1

Weekly

$1,285

Monthly

$5,567

Healthcare Social Workers Salary Distribution in Lexington-Fayette, KY

The career path for Healthcare Social Workers in Lexington-Fayette, KY, typically involves salary increases with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries significantly higher than the average. The variance between entry-level and senior roles signifies substantial career progression opportunities and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$45,590$21.9
Tenured / ProProfessional status. Curriculum development.25% (Junior)$50,100$24.1
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$70,630$34
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$83,500$40.1
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$85,980$41.3

Detailed Healthcare Social Workers Market Analysis

Relocation Context

Nominal Salary

$66,800

Gross Pay

Real Wage (Purchasing Power)

$66,800

Adjusted for COL (100)

For professionals considering a move to Lexington-Fayette, KY, the average salary of $66,800 aligns perfectly with the local cost of living index of 100. This means that the purchasing power of the average salary in Lexington-Fayette is equivalent to the national average, offering a stable financial environment for Healthcare Social Workers.

Job Market Context

350

Total Jobs

1.247

Per 1K Jobs

1.03

Location Quotient

Above Average

With a location quotient of 1.03, Lexington-Fayette, KY has a slightly higher-than-average concentration of Healthcare Social Workers roles compared to the national norm.

With a location quotient of 1.03, Lexington-Fayette, KY, exhibits a job market for Healthcare Social Workers that is marginally more concentrated than the national average. This suggests a competitive yet stable environment where the demand for these professionals is slightly elevated compared to the rest of the country, indicating good opportunities for skilled individuals.

Nearby Job Markets

Hiring Healthcare Social Workerss?

Frequently Asked Questions

How much does a Healthcare Social Workers make in Lexington-Fayette, KY?

The median annual salary for a Healthcare Social Workers in Lexington-Fayette, KY is $66,800. This typically ranges from $45,590 for entry-level positions to $85,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lexington-Fayette, KY is 7.1% lower than the national median of $71,920.

Is Lexington-Fayette, KY a lucrative place for Healthcare Social Workers?

Yes, it offers comparable financial stability.While the average salary is slightly below the national average, the cost of living is also at the national average, making the purchasing power equivalent. The slightly above-average concentration of jobs indicates a healthy market.

Is Lexington-Fayette, KY a good place to live for Healthcare Social Workers?

The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lexington-Fayette, KY?

Some top paying nearby cities include Central Kentucky nonmetropolitan area ($59,660) and South Central Kentucky nonmetropolitan area.

How does the Lexington-Fayette salary compare to the national average?

The average annual salary for Healthcare Social Workers in Lexington-Fayette, KY, is $66,800, which is approximately $5,120 less than the national average of $71,920.

What is the cost of living in Lexington-Fayette, KY for Healthcare Social Workers?

The cost of living in Lexington-Fayette, KY, is exactly at the national average, with an index of 100. This means that the $66,800 salary offers the same purchasing power as the national average salary.

How concentrated is the Healthcare Social Worker job market in Lexington-Fayette, KY?

The job market is slightly more concentrated than the national average, with a location quotient of 1.03. This indicates a healthy demand for these professionals in the area.

What is the total number of Healthcare Social Workers in Lexington-Fayette, KY?

There are approximately 350 Healthcare Social Workers employed in the Lexington-Fayette, KY area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Lexington-Fayette, KY area with a job density of 1.247 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.