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Average Medical and Health Services Managers Salary in Akron, OH

Medical and Health Services Managers in Akron, OH, command an average annual salary of $120,520. This figure is notably below the national average of $137,170, suggesting localized economic factors and demand dynamics play a significant role in compensation within this Ohio city.

Executive Summary

  • Average Salary: $120,520 per year.
  • Growth Trend: Salaries have shifted 15.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $174,580.
  • Outlook: Akron's healthcare management sector demonstrates a solid presence, with a local workforce of 1,230 professionals. The Location Quotient of 1.05 indicates a concentration of these roles slightly above the national average, suggesting a stable and established demand for skilled managers within the region's healthcare infrastructure.
2024 Market Data

Salary Overview

$120,520

The average Medical and Health Services Managers in Akron, OH earns-12.1%below the national average.

BreakdownBased on 40h/week
Hourly

$57.9

Weekly

$2,318

Monthly

$10,043

Medical and Health Services Managers Salary Distribution in Akron, OH

Career progression for Medical and Health Services Managers in Akron typically involves a significant salary increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive leadership experience can command salaries well into the higher percentiles, reflecting their accumulated expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$66,370$31.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,390$43.5
ManagerOversees team, compliance, and project delivery.50% (Median)$102,400$49.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$150,650$72.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$174,580$83.9

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$120,520

Gross Pay

Real Wage (Purchasing Power)

$120,520

Adjusted for COL (100)

The average annual salary of $120,520 in Akron, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Medical and Health Services Manager's salary in Akron is equivalent to the national standard, offering a stable financial environment for residents.

Job Market Context

1,230

Total Jobs

3.855

Per 1K Jobs

1.05

Location Quotient

Above Average

With a location quotient of 1.05, Akron, OH has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

With a Location Quotient of 1.05, Akron's market for Medical and Health Services Managers is slightly more concentrated than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is consistently present, offering good opportunities for qualified professionals.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

CitySalaryDist.
Canton-Massillon, OH Medical and Health Services Managers Salary$112,450↓ 7%20 mi
Cleveland, OH Medical and Health Services Managers Salary$147,740↑ 23%29 mi
Youngstown-Warren, OH Medical and Health Services Managers Salary$109,020↓ 10%46 mi
Mansfield, OH Medical and Health Services Managers Salary$100,730↓ 16%57 mi
Sandusky, OH Medical and Health Services Managers Salary$112,340↓ 7%66 mi

Comparing salaries near Akron, OH

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Akron, OH?

The median annual salary for a Medical and Health Services Managers in Akron, OH is $120,520. This typically ranges from $66,370 for entry-level positions to $174,580 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Akron, OH is 12.1% lower than the national median of $137,170.

Is Akron, OH a lucrative place for Medical and Health Services Managers?

Moderately. While the salary is below the national average, the cost of living is also at the national average, making it a stable market.The average salary of $120,520 is slightly lower than the national benchmark, but the Cost of Living Index of 100 indicates that your earnings will have average purchasing power.

Is Akron, OH a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Akron, OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Akron, OH?

Some top paying nearby cities include Canton-Massillon, OH ($112,450) and Cleveland, OH.

How does Akron's Medical and Health Services Manager salary compare to the national average?

The average salary in Akron, OH, is $120,520, which is below the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Akron compared to the nation?

Akron has a Location Quotient of 1.05, indicating a slightly higher concentration of these professionals than the national average.

How does the cost of living in Akron affect the salary?

Akron's Cost of Living Index is 100, matching the national average, meaning the $120,520 salary offers standard purchasing power.

What is the total number of Medical and Health Services Managers in Akron?

There are approximately 1,230 Medical and Health Services Managers employed in the Akron, OH area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,230 employees in the Akron, OH area with a job density of 3.855 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in Akron, OH