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Average Medical and Health Services Managers Salary in Bridgeport-Stamford-Danbury, CT

Medical and Health Services Managers in the Bridgeport-Stamford-Danbury, CT area command an impressive average annual salary of $163,760. This figure significantly outpaces the national average of $137,170, indicating a strong local demand and potentially higher operational complexities or specialized healthcare needs within this Connecticut region that justify the premium compensation.

Executive Summary

  • Average Salary: $163,760 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $245,640.
  • Outlook: The local job market for Medical and Health Services Managers in Bridgeport-Stamford-Danbury, CT appears robust, with a total workforce of 1,760 professionals. The Location Quotient of 1.19 suggests a concentration of these roles slightly above the national average, implying a healthy and potentially growing demand for skilled management within the healthcare sector of this metropolitan area.
2024 Market Data

Salary Overview

$163,760

The average Medical and Health Services Managers in Bridgeport-Stamford-Danbury, CT earns+19.4%above the national average.

BreakdownBased on 40h/week
Hourly

$78.7

Weekly

$3,149

Monthly

$13,647

Medical and Health Services Managers Salary Distribution in Bridgeport-Stamford-Danbury, CT

Career progression for Medical and Health Services Managers typically correlates with increased responsibility and experience, leading to significant salary variations. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized expertise can command salaries well into the upper percentiles, reflecting a substantial earning potential as one advances in their career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$83,060$39.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$122,820$59
ManagerOversees team, compliance, and project delivery.50% (Median)$132,590$63.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$204,700$98.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$245,640$118.1

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$163,760

Gross Pay

Real Wage (Purchasing Power)

$163,760

Adjusted for COL (100)

The average annual salary of $163,760 in Bridgeport-Stamford-Danbury, CT aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal salary translates directly into purchasing power equivalent to the national average, offering a stable financial standing for professionals in this area without the typical erosion of income seen in high-cost-of-living regions.

Job Market Context

1,760

Total Jobs

4.375

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

With a Location Quotient of 1.19, the Bridgeport-Stamford-Danbury, CT area demonstrates a slightly higher concentration of Medical and Health Services Managers compared to the national average. This suggests a competitive yet accessible job market, where demand is robust enough to support a slightly denser professional community, offering good opportunities for both new entrants and experienced individuals.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Bridgeport-Stamford-Danbury, CT?

The median annual salary for a Medical and Health Services Managers in Bridgeport-Stamford-Danbury, CT is $163,760. This typically ranges from $83,060 for entry-level positions to $245,640 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bridgeport-Stamford-Danbury, CT is 19.4% higher than the national median of $137,170.

Is Bridgeport-Stamford-Danbury, CT a lucrative place for Medical and Health Services Managerss?

Yes, it is a highly lucrative area for Medical and Health Services Managers.Professionals in this field earn an average of $163,760 annually, significantly above the national average, while maintaining a cost of living on par with the national average.

Is Bridgeport-Stamford-Danbury, CT a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?

Some top paying nearby cities include New Haven, CT ($143,640) and Waterbury-Shelton, CT.

How does the local salary compare to the national average?

Medical and Health Services Managers in Bridgeport-Stamford-Danbury, CT earn an average of $163,760, which is considerably higher than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in this area?

The Location Quotient is 1.19, indicating that this area has a slightly higher concentration of Medical and Health Services Managers than the national average, suggesting strong local demand.

How does the cost of living affect the salary in Bridgeport-Stamford-Danbury, CT?

The Cost of Living Index is 100, which is the national average. This means the higher salary of $163,760 offers purchasing power equivalent to the national average, making it financially advantageous.

How many Medical and Health Services Managers work in Bridgeport-Stamford-Danbury, CT?

There are approximately 1,760 Medical and Health Services Managers employed within the Bridgeport-Stamford-Danbury, CT metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,760 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 4.375 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.