SalaryNode

Average Medical and Health Services Managers Salary in Florence-Muscle Shoals, AL

In Florence-Muscle Shoals, AL, Medical and Health Services Managers earn an average annual salary of $91,050. This figure is notably below the national average of $137,170, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $91,050 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $132,860.
  • Outlook: The Florence-Muscle Shoals area supports a local workforce of 210 Medical and Health Services Managers. With a Location Quotient of 1.04, the concentration of these roles is slightly above the national average, indicating a stable, albeit not rapidly expanding, demand for these professionals within the local healthcare ecosystem.
2024 Market Data

Salary Overview

$91,050

The average Medical and Health Services Managers in Florence-Muscle Shoals, AL earns-33.6%below the national average.

BreakdownBased on 40h/week
Hourly

$43.8

Weekly

$1,751

Monthly

$7,588

Medical and Health Services Managers Salary Distribution in Florence-Muscle Shoals, AL

Career progression for Medical and Health Services Managers in Florence-Muscle Shoals is marked by increasing earning potential. Entry-level positions typically start at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries significantly higher, often reaching into the upper percentiles, reflecting their value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$62,690$30.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,288$32.8
ManagerOversees team, compliance, and project delivery.50% (Median)$83,980$40.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$113,813$54.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$132,860$63.9

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$91,050

Gross Pay

Real Wage (Purchasing Power)

$91,050

Adjusted for COL (100)

The average annual salary of $91,050 in Florence-Muscle Shoals 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 area is equivalent to the national average, offering a stable financial standing relative to living expenses.

Job Market Context

210

Total Jobs

3.822

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Florence-Muscle Shoals, AL has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

With a Location Quotient of 1.04, Florence-Muscle Shoals exhibits a job market for Medical and Health Services Managers that is very close to the national average in terms of concentration. This suggests a balanced market where opportunities exist, but the level of competition is likely comparable to other regions across the country.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Florence-Muscle Shoals, AL?

The median annual salary for a Medical and Health Services Managers in Florence-Muscle Shoals, AL is $91,050. This typically ranges from $62,690 for entry-level positions to $132,860 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Florence-Muscle Shoals, AL is 33.6% lower than the national median of $137,170.

Is Florence-Muscle Shoals, AL a lucrative place for Medical and Health Services Managers?

No, not exceptionally lucrative compared to the national average.While the salary of $91,050 is substantial, it falls significantly short of the national average of $137,170, indicating lower earning potential in this specific locale.

Is Florence-Muscle Shoals, AL a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Florence-Muscle Shoals, AL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Florence-Muscle Shoals, AL?

Some top paying nearby cities include Decatur, AL ($94,000) and Huntsville, AL.

How does the Florence-Muscle Shoals salary compare to the national average?

The average salary for Medical and Health Services Managers in Florence-Muscle Shoals is $91,050, which is considerably lower than the national average of $137,170.

What is the Cost of Living in Florence-Muscle Shoals, AL?

The Cost of Living Index in Florence-Muscle Shoals is 100, which is exactly the national average, meaning living expenses are neither higher nor lower than the typical U.S. city.

How concentrated are Medical and Health Services Manager jobs in Florence-Muscle Shoals?

The concentration of these jobs, measured by the Location Quotient, is 1.04, indicating a slightly higher presence than the national average, suggesting a stable local demand.

What does the number of jobs per 1,000 workers signify?

With 3.822 jobs per 1,000 workers, this metric shows the relative prevalence of Medical and Health Services Manager roles within the broader Florence-Muscle Shoals workforce, indicating a moderate level of employment in this sector.

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 Florence-Muscle Shoals, AL area with a job density of 3.822 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.