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.
Salary Overview
The average Medical and Health Services Managers in Bridgeport-Stamford-Danbury, CT earns+19.4%above the national average.
$78.7
$3,149
$13,647
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 Bridgeport-Stamford-Danbury, CT 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 likely contribute to a steady upward trajectory in compensation for these vital roles.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT Medical and Health Services Managers Salary | $143,640↓ 12% | 16 mi |
| Waterbury-Shelton, CT Medical and Health Services Managers Salary | $123,760↓ 24% | 27 mi |
| Connecticut nonmetropolitan area Medical and Health Services Managers Salary | $127,270↓ 22% | 36 mi |
| Hartford-West Hartford-East Hartford, CT Medical and Health Services Managers Salary | $139,430↓ 15% | 48 mi |
| Kiryas Joel-Poughkeepsie-Newburgh, NY Medical and Health Services Managers Salary | $166,650↑ 2% | 51 mi |
Comparing salaries near Bridgeport-Stamford-Danbury, CT
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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.
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Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in Bridgeport-Stamford-Danbury, CT