Average Medical and Health Services Managers Salary in Baltimore-Columbia-Towson, MD
Medical and Health Services Managers in the Baltimore-Columbia-Towson, MD area earn an impressive average annual salary of $152,310, significantly surpassing the national average of $137,170. This elevated compensation is driven by the region's robust healthcare sector and the specialized demand for skilled leadership within its medical institutions.
Executive Summary
- Average Salary: $152,310 per year.
- Growth Trend: Salaries have shifted 18.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $228,465.
- Outlook: The Baltimore-Columbia-Towson metropolitan area demonstrates a strong and concentrated demand for Medical and Health Services Managers, evidenced by a substantial local workforce of 7,140 professionals. The Location Quotient of 1.45 indicates a higher concentration of these roles compared to the national average, suggesting a robust job market with significant opportunities for skilled individuals in this field.
Salary Overview
The average Medical and Health Services Managers in Baltimore-Columbia-Towson, MD earns+11.0%above the national average.
$73.2
$2,929
$12,693
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in the Baltimore-Columbia-Towson area have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare complexity, an aging population, and advancements in medical technology typically drive up demand and, consequently, compensation for these essential leadership roles.
Medical and Health Services Managers Salary Distribution in Baltimore-Columbia-Towson, MD
Career progression for Medical and Health Services Managers in Baltimore-Columbia-Towson typically correlates with experience. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries at the higher percentiles. The widening gap between entry-level and senior roles signifies clear opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $78,160 | $37.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $114,233 | $54.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $130,990 | $63 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $190,388 | $91.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $228,465 | $109.8 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$152,310
Gross Pay
Real Wage (Purchasing Power)
$152,310
Adjusted for COL (100)
The nominal average annual salary of $152,310 in Baltimore-Columbia-Towson is particularly advantageous given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of these managers' salaries is strong, allowing their earnings to go further in terms of housing, goods, and services compared to many other regions.
Job Market Context
7,140
Total Jobs
5.324
Per 1K Jobs
1.45
Location Quotient
With a location quotient of 1.45, Baltimore-Columbia-Towson, MD has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
With a Location Quotient of 1.45, the Baltimore-Columbia-Towson metropolitan area exhibits a notable concentration of Medical and Health Services Managers relative to the national average. This suggests a specialized and potentially competitive market where demand for these professionals is higher than in many other parts of the country, offering good prospects for those in or looking to enter this career.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Medical and Health Services Managers Salary | $131,150↓ 14% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Medical and Health Services Managers Salary | $156,970↑ 3% | 35 mi |
| York-Hanover, PA Medical and Health Services Managers Salary | $114,110↓ 25% | 47 mi |
| Gettysburg, PA Medical and Health Services Managers Salary | $98,990↓ 35% | 50 mi |
| Lancaster, PA Medical and Health Services Managers Salary | $115,860↓ 24% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
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Frequently Asked Questions
How much does a Medical and Health Services Managers make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Medical and Health Services Managers in Baltimore-Columbia-Towson, MD is $152,310. This typically ranges from $78,160 for entry-level positions to $228,465 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 11.0% higher than the national median of $137,170.
Is Baltimore-Columbia-Towson, MD a lucrative place for Medical and Health Services Managerss?
Yes, it is a highly lucrative location.The average salary significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these professionals.
Is Baltimore-Columbia-Towson, MD a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($131,150) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the local job market compare to the national average for this role?
The Baltimore-Columbia-Towson area has a higher concentration of Medical and Health Services Managers than the national average, as indicated by a Location Quotient of 1.45, suggesting a more robust local demand.
What is the average number of Medical and Health Services Managers jobs per 1,000 workers in Baltimore-Columbia-Towson, MD?
There are approximately 5.324 jobs per 1,000 workers for Medical and Health Services Managers in the Baltimore-Columbia-Towson metropolitan area.
How does the cost of living in Baltimore-Columbia-Towson, MD affect the salary for this role?
The cost of living in Baltimore-Columbia-Towson is at the national average (100), meaning the high average salary of $152,310 provides excellent real value and purchasing power for managers in the area.
What is the total number of Medical and Health Services Managers in the Baltimore-Columbia-Towson, MD workforce?
The total local workforce for Medical and Health Services Managers in the Baltimore-Columbia-Towson metropolitan area comprises 7,140 professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 7,140 employees in the Baltimore-Columbia-Towson, MD area with a job density of 5.324 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD