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Average Medical and Health Services Managers Salary in Anchorage, AK

Medical and Health Services Managers in Anchorage, Alaska, command an impressive average annual salary of $162,920, significantly surpassing the national average of $137,170. This elevated compensation is likely driven by the unique demands and operational complexities of healthcare administration in a geographically expansive and less densely populated state like Alaska, requiring specialized skills and potentially higher logistical costs.

Executive Summary

  • Average Salary: $162,920 per year.
  • Growth Trend: Salaries have shifted 38.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $244,380.
  • Outlook: With a local workforce of 790 professionals and a Location Quotient of 1.23, Anchorage demonstrates a concentration of Medical and Health Services Managers that is 23% higher than the national average. This suggests a robust and potentially growing demand for these roles within the Alaskan healthcare landscape, indicating a stable job market for experienced professionals.
2024 Market Data

Salary Overview

$162,920

The average Medical and Health Services Managers in Anchorage, AK earns+18.8%above the national average.

BreakdownBased on 40h/week
Hourly

$78.3

Weekly

$3,133

Monthly

$13,577

Medical and Health Services Managers Salary Distribution in Anchorage, AK

Career progression for Medical and Health Services Managers in Anchorage typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, with their greater responsibilities and strategic oversight, command salaries in the higher percentiles, reflecting a clear pathway for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$77,760$37.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$122,190$58.7
ManagerOversees team, compliance, and project delivery.50% (Median)$122,780$59
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$203,650$97.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$244,380$117.5

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$162,920

Gross Pay

Real Wage (Purchasing Power)

$162,920

Adjusted for COL (100)

The average annual salary of $162,920 in Anchorage aligns perfectly with the national average cost of living (index of 100). This means that the purchasing power of a Medical and Health Services Manager's salary in Anchorage is equivalent to that of someone earning the national average in a location with a national average cost of living, offering strong financial stability.

Job Market Context

790

Total Jobs

4.51

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Anchorage, AK has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

The Location Quotient of 1.23 indicates that Anchorage has a higher concentration of Medical and Health Services Managers relative to its overall workforce compared to the national average. This suggests a specialized and potentially competitive market where these professionals are in demand, but also implies that the pool of talent might be more focused within the state.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Anchorage, AK?

The median annual salary for a Medical and Health Services Managers in Anchorage, AK is $162,920. This typically ranges from $77,760 for entry-level positions to $244,380 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Anchorage, AK is 18.8% higher than the national median of $137,170.

Is Anchorage, AK a lucrative place for Medical and Health Services Managers?

Yes, Anchorage, AK is a lucrative location for Medical and Health Services Managers.The average salary of $162,920 is substantially higher than the national average, and the cost of living is on par with the national average, indicating strong purchasing power.

Is Anchorage, AK a good place to live for Medical and Health Services Managers?

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

How does the Anchorage salary compare to the national average?

The average annual salary for Medical and Health Services Managers in Anchorage, AK is $162,920, which is significantly higher than the national average of $137,170.

What is the cost of living in Anchorage, AK for these professionals?

The cost of living index in Anchorage is 100, which is exactly the national average, meaning your salary has average purchasing power.

Is there high demand for Medical and Health Services Managers in Anchorage?

With a Location Quotient of 1.23, there is a higher concentration of these professionals in Anchorage than the national average, suggesting consistent demand.

How many Medical and Health Services Managers work in Anchorage?

There are approximately 790 Medical and Health Services Managers employed in the Anchorage, AK area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 790 employees in the Anchorage, AK area with a job density of 4.51 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 Anchorage, AK