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Average Medical and Health Services Managers Salary in Durham-Chapel Hill, NC

Medical and Health Services Managers in the Durham-Chapel Hill, NC area earn an impressive average annual salary of $153,840. This figure significantly surpasses the national average of $137,170, indicating a strong demand and potentially higher operational costs or specialized needs within the region's healthcare sector. The robust healthcare infrastructure and research institutions in the Research Triangle likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $153,840 per year.
  • Growth Trend: Salaries have shifted 12.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $230,760.
  • Outlook: The job market for Medical and Health Services Managers in Durham-Chapel Hill appears robust, supported by a local workforce of 1,830 professionals in this role. With a Location Quotient of 1.45, this area demonstrates a concentration of these positions that is 45% higher than the national average, suggesting a strong and potentially growing demand for skilled management in the healthcare field.
2024 Market Data

Salary Overview

$153,840

The average Medical and Health Services Managers in Durham-Chapel Hill, NC earns+12.2%above the national average.

BreakdownBased on 40h/week
Hourly

$74

Weekly

$2,958

Monthly

$12,820

Medical and Health Services Managers Salary Distribution in Durham-Chapel Hill, NC

Career progression for Medical and Health Services Managers in Durham-Chapel Hill typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles, reflecting their increased responsibility and expertise in managing complex healthcare operations.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$79,180$38.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$115,380$55.5
ManagerOversees team, compliance, and project delivery.50% (Median)$130,300$62.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$192,300$92.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$230,760$110.9

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$153,840

Gross Pay

Real Wage (Purchasing Power)

$153,840

Adjusted for COL (100)

The average annual salary of $153,840 in Durham-Chapel Hill aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Medical and Health Services Manager's salary in this area is equivalent to the national standard, offering a stable financial environment without the added pressure of a significantly higher cost of living.

Job Market Context

1,830

Total Jobs

5.339

Per 1K Jobs

1.45

Location Quotient

Above Average

With a location quotient of 1.45, Durham-Chapel Hill, NC has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

A Location Quotient of 1.45 signifies that Medical and Health Services Managers are more concentrated in Durham-Chapel Hill than the national average. This suggests a competitive yet abundant job market, where employers may actively seek out talent due to the higher density of these roles, potentially leading to more opportunities but also requiring professionals to stand out.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Durham-Chapel Hill, NC?

The median annual salary for a Medical and Health Services Managers in Durham-Chapel Hill, NC is $153,840. This typically ranges from $79,180 for entry-level positions to $230,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Durham-Chapel Hill, NC is 12.2% higher than the national median of $137,170.

Is Durham-Chapel Hill, NC a lucrative place for Medical and Health Services Managers?

Yes, Durham-Chapel Hill, NC is a lucrative location for Medical and Health Services Managers.The average salary of $153,840 significantly exceeds the national average, and the cost of living remains at the national benchmark, offering excellent earning potential.

Is Durham-Chapel Hill, NC a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Durham-Chapel Hill, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Durham-Chapel Hill, NC?

Some top paying nearby cities include Raleigh-Cary, NC ($147,240) and Burlington, NC.

How does the local salary compare to the national average?

The average annual salary for Medical and Health Services Managers in Durham-Chapel Hill, NC is $153,840, which is notably higher than the national average of $137,170.

What does the Location Quotient of 1.45 mean for job seekers?

A Location Quotient of 1.45 indicates that Medical and Health Services Manager roles are 45% more concentrated in Durham-Chapel Hill compared to the national average, suggesting a strong presence and demand for these professionals.

Is the cost of living a factor for this salary?

No, the cost of living in Durham-Chapel Hill is at the national average (index of 100), meaning the higher salary provides greater purchasing power compared to areas with a higher cost of living.

How many Medical and Health Services Managers work in Durham-Chapel Hill?

There are approximately 1,830 Medical and Health Services Managers employed in the Durham-Chapel Hill, NC area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,830 employees in the Durham-Chapel Hill, NC area with a job density of 5.339 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.