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Average Medical and Health Services Managers Salary in Central Indiana nonmetropolitan area

Medical and Health Services Managers in Central Indiana's nonmetropolitan area earn an average annual salary of $100,980. This figure is notably below the national average of $137,170, reflecting regional economic factors and demand specific to this area. The compensation reflects the unique healthcare landscape and operational needs within this nonmetropolitan setting.

Executive Summary

  • Average Salary: $100,980 per year.
  • Growth Trend: Salaries have shifted 14.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $153,730.
  • Outlook: With a local workforce of 500 Medical and Health Services Managers, the Central Indiana nonmetropolitan area demonstrates a stable, albeit specialized, employment base. The location quotient of 0.84 suggests a concentration slightly below the national average, indicating a moderate but consistent demand for these professionals within the region's healthcare infrastructure.
2024 Market Data

Salary Overview

$100,980

The average Medical and Health Services Managers in Central Indiana nonmetropolitan area earns-26.4%below the national average.

BreakdownBased on 40h/week
Hourly

$48.6

Weekly

$1,942

Monthly

$8,415

Medical and Health Services Managers Salary Distribution in Central Indiana nonmetropolitan area

Career progression for Medical and Health Services Managers in Central Indiana typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles, commanding greater responsibility and expertise, can ascend to the higher percentiles of the salary range, signifying substantial career and financial advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$57,990$27.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$75,735$36.4
ManagerOversees team, compliance, and project delivery.50% (Median)$92,920$44.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$126,225$60.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$153,730$73.9

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$100,980

Gross Pay

Real Wage (Purchasing Power)

$100,980

Adjusted for COL (100)

The average annual salary of $100,980 in Central Indiana's nonmetropolitan area 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 this region is equivalent to the national average, offering a stable financial standing relative to general living expenses.

Job Market Context

500

Total Jobs

3.079

Per 1K Jobs

0.84

Location Quotient

Below Average

Central Indiana nonmetropolitan area has 0.84x the national average concentration of Medical and Health Services Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A location quotient of 0.84 indicates that Medical and Health Services Managers are slightly less concentrated in Central Indiana's nonmetropolitan area compared to the national average. This suggests a market that is not oversaturated, potentially offering good opportunities for skilled professionals, though perhaps with fewer specialized roles than in larger metropolitan hubs.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

Comparing salaries near Central Indiana nonmetropolitan area

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Central Indiana nonmetropolitan area?

The median annual salary for a Medical and Health Services Managers in Central Indiana nonmetropolitan area is $100,980. This typically ranges from $57,990 for entry-level positions to $153,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Indiana nonmetropolitan area is 26.4% lower than the national median of $137,170.

Is Central Indiana nonmetropolitan area a lucrative place for Medical and Health Services Managers?

No, it is moderately compensated.While the average salary of $100,980 is substantial, it falls below the national average of $137,170. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Central Indiana nonmetropolitan area a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Central Indiana nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Indiana nonmetropolitan area?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($118,750) and Kokomo, IN.

How does the local workforce size impact job opportunities?

A local workforce of 500 suggests a dedicated but not overly large pool of these professionals, indicating a stable demand for experienced individuals within the region's healthcare systems.

What does a Location Quotient of 0.84 signify?

A Location Quotient of 0.84 means that Medical and Health Services Managers are employed in this region at a rate 16% lower than the national average, suggesting a slightly less concentrated but still present job market.

How does the Cost of Living Index affect the salary?

With a Cost of Living Index of 100, the $100,980 salary offers purchasing power equivalent to the national average, meaning expenses for housing, goods, and services are standard.

What is the density of Medical and Health Services Managers per 1,000 workers?

There are approximately 3.08 Medical and Health Services Managers for every 1,000 workers in the Central Indiana nonmetropolitan area, providing a measure of the profession's prevalence in the local economy.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the Central Indiana nonmetropolitan area area with a job density of 3.079 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.