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Average Medical and Health Services Managers Salary in Elkhart-Goshen, IN

In Elkhart-Goshen, IN, Medical and Health Services Managers earn an average annual salary of $121,180. This figure is notably below the national average of $137,170, suggesting that local market dynamics and potentially a different demand-supply balance influence compensation in this region. Factors such as the specific healthcare infrastructure and the concentration of healthcare facilities within Elkhart-Goshen likely contribute to this localized pay scale.

Executive Summary

  • Average Salary: $121,180 per year.
  • Growth Trend: Salaries have shifted 39.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $193,220.
  • Outlook: The job market for Medical and Health Services Managers in Elkhart-Goshen, IN, appears to be moderately concentrated, with a Location Quotient of 0.45 indicating a presence below the national average. The total local workforce of 210 professionals, alongside 1.642 jobs per 1,000 workers, suggests a stable but not exceptionally high demand for these roles within the area. This indicates a niche market where opportunities exist, but the overall concentration is less than what might be found in larger metropolitan hubs.
2024 Market Data

Salary Overview

$121,180

The average Medical and Health Services Managers in Elkhart-Goshen, IN earns-11.7%below the national average.

BreakdownBased on 40h/week
Hourly

$58.3

Weekly

$2,330

Monthly

$10,098

Medical and Health Services Managers Salary Distribution in Elkhart-Goshen, IN

Salary progression for Medical and Health Services Managers in Elkhart-Goshen, IN, typically scales with experience. Entry-level positions will command salaries at the lower end of the spectrum, while seasoned professionals with extensive leadership experience and specialized skills can expect to earn significantly more, approaching or even exceeding the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth potential within the field in this locality.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$62,670$30.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,885$43.7
ManagerOversees team, compliance, and project delivery.50% (Median)$102,690$49.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$151,475$72.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$193,220$92.9

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$121,180

Gross Pay

Real Wage (Purchasing Power)

$121,180

Adjusted for COL (100)

The average annual salary of $121,180 for Medical and Health Services Managers in Elkhart-Goshen, IN, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of this salary is equivalent to the national average, providing a stable financial footing for professionals considering a move to or within the area. The lack of a cost-of-living premium or discount simplifies financial planning for these roles.

Job Market Context

210

Total Jobs

1.642

Per 1K Jobs

0.45

Location Quotient

Low Concentration

At 0.45x, Elkhart-Goshen, IN has a notably lower concentration of Medical and Health Services Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.45, the Elkhart-Goshen, IN, market for Medical and Health Services Managers is less concentrated than the national average. This suggests that while the profession is present, it is not a dominant sector in terms of employment density compared to other regions. Consequently, the job market may be less competitive in terms of the sheer number of applicants per opening, but also potentially offers fewer specialized opportunities compared to areas with a higher concentration of healthcare administration roles.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Elkhart-Goshen, IN?

The median annual salary for a Medical and Health Services Managers in Elkhart-Goshen, IN is $121,180. This typically ranges from $62,670 for entry-level positions to $193,220 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Elkhart-Goshen, IN is 11.7% lower than the national median of $137,170.

Is Elkhart-Goshen, IN a lucrative place for Medical and Health Services Managerss?

No, it is not exceptionally lucrative compared to the national average.While the average salary of $121,180 is substantial, it falls below the national average of $137,170. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Elkhart-Goshen, IN a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Elkhart-Goshen, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Elkhart-Goshen, IN?

Some top paying nearby cities include South Bend-Mishawaka, IN-MI ($121,100) and Niles, MI.

How does the Elkhart-Goshen salary compare to the national average?

The average salary for Medical and Health Services Managers in Elkhart-Goshen, IN, is $121,180, which is $16,000 less than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Elkhart-Goshen, IN?

The concentration, measured by the Location Quotient, is 0.45, indicating that this profession is less common in Elkhart-Goshen compared to the national average.

Does the cost of living affect the value of the salary in Elkhart-Goshen, IN?

No, the cost of living in Elkhart-Goshen, IN, is exactly at the national average (100), meaning the $121,180 salary has the same purchasing power as the national average salary.

How many Medical and Health Services Managers are there in Elkhart-Goshen, IN?

There are approximately 210 Medical and Health Services Managers in the Elkhart-Goshen, IN, local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Elkhart-Goshen, IN area with a job density of 1.642 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.