Average Medical and Health Services Managers Salary in Central Kentucky nonmetropolitan area
Medical and Health Services Managers in the Central Kentucky nonmetropolitan area earn an average annual salary of $103,090. This figure is notably below the national average of $137,170, reflecting regional economic factors and the specific demand dynamics within this geographic area. The localized pay scale is influenced by the cost of doing business, the availability of specialized talent, and the overall economic health of the region.
Executive Summary
- Average Salary: $103,090 per year.
- Growth Trend: Salaries have shifted 20.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $148,290.
- Outlook: The Central Kentucky nonmetropolitan area supports a workforce of 780 Medical and Health Services Managers. With a location quotient of 1.23, this indicates a slightly higher concentration of these professionals compared to the national average, suggesting a stable and potentially growing demand for their expertise within the region's healthcare infrastructure.
Salary Overview
The average Medical and Health Services Managers in Central Kentucky nonmetropolitan area earns-24.8%below the national average.
$49.6
$1,983
$8,591
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in Central Kentucky have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare needs, evolving regulatory landscapes, and the continuous demand for efficient healthcare administration.
Medical and Health Services Managers Salary Distribution in Central Kentucky nonmetropolitan area
Salary progression for Medical and Health Services Managers is significantly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more, often reaching the upper percentiles. The widening gap between entry-level and senior salaries reflects the increasing value placed on leadership, strategic planning, and operational oversight in healthcare management.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,720 | $28.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $77,318 | $37.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $92,910 | $44.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $128,863 | $62 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $148,290 | $71.3 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$103,090
Gross Pay
Real Wage (Purchasing Power)
$103,090
Adjusted for COL (100)
The average annual salary of $103,090 in the Central Kentucky 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 comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
780
Total Jobs
4.517
Per 1K Jobs
1.23
Location Quotient
With a location quotient of 1.23, Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
A location quotient of 1.23 signifies that Medical and Health Services Managers are more concentrated in the Central Kentucky nonmetropolitan area than the national average. This suggests a robust market with a healthy demand for these roles, potentially offering more opportunities and a competitive environment for skilled professionals within the local healthcare sector.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Medical and Health Services Managers Salary | $125,280↑ 22% | 28 mi |
| Elizabethtown, KY Medical and Health Services Managers Salary | $109,370↑ 6% | 66 mi |
| Louisville/Jefferson County, KY-IN Medical and Health Services Managers Salary | $126,400↑ 23% | 72 mi |
| Cincinnati, OH-KY-IN Medical and Health Services Managers Salary | $121,200↑ 18% | 100 mi |
Comparing salaries near Central Kentucky nonmetropolitan area
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Frequently Asked Questions
How much does a Medical and Health Services Managers make in Central Kentucky nonmetropolitan area?
The median annual salary for a Medical and Health Services Managers in Central Kentucky nonmetropolitan area is $103,090. This typically ranges from $59,720 for entry-level positions to $148,290 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Kentucky nonmetropolitan area is 24.8% lower than the national median of $137,170.
Is Central Kentucky nonmetropolitan area a lucrative place for Medical and Health Services Managerss?
No, it is not as lucrative as the national average.While the average salary of $103,090 is substantial, it falls below the national average of $137,170. However, the cost of living is at the national average, making the salary's purchasing power comparable.
Is Central Kentucky nonmetropolitan area a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($125,280) and Elizabethtown, KY.
How does the number of Medical and Health Services Managers in Central Kentucky compare to the national average?
With 780 Medical and Health Services Managers and a location quotient of 1.23, this area has a slightly higher concentration of these professionals than the national average, indicating a strong local presence.
What is the job density for Medical and Health Services Managers in this region?
There are approximately 4.517 Medical and Health Services Managers jobs per 1,000 workers in the Central Kentucky nonmetropolitan area, reflecting the sector's importance to the local economy.
How does the cost of living in Central Kentucky affect the salary?
The cost of living index is 100, which is the national average. This means the $103,090 salary offers a purchasing power equivalent to the national average, despite being lower than the national salary benchmark.
Is the job market for Medical and Health Services Managers growing in Central Kentucky?
The location quotient of 1.23 suggests a stable to potentially growing demand, as the concentration of these roles is higher than the national average, implying a consistent need within the region's healthcare system.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Central Kentucky nonmetropolitan area area with a job density of 4.517 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 Central Kentucky nonmetropolitan area