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Average Medical and Health Services Managers Salary in Knoxville, TN

Medical and Health Services Managers in Knoxville, TN, earn an average annual salary of $119,170. This figure is below the national average of $137,170, suggesting that local market dynamics and potentially a lower cost of living influence compensation in this region. Understanding these local factors is crucial for professionals in this field.

Executive Summary

  • Average Salary: $119,170 per year.
  • Growth Trend: Salaries have shifted 28.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,410.
  • Outlook: With a local workforce of 1,980 Medical and Health Services Managers, Knoxville demonstrates a significant concentration of these professionals, as indicated by a Location Quotient of 1.29. This suggests a robust and established job market for these roles, exceeding national averages in terms of per capita employment.
2024 Market Data

Salary Overview

$119,170

The average Medical and Health Services Managers in Knoxville, TN earns-13.1%below the national average.

BreakdownBased on 40h/week
Hourly

$57.3

Weekly

$2,292

Monthly

$9,931

Medical and Health Services Managers Salary Distribution in Knoxville, TN

Career progression for Medical and Health Services Managers in Knoxville typically involves a substantial salary increase from entry-level to senior positions. While exact figures vary, the gap between the lower and upper percentiles of earners signifies significant earning potential as experience and responsibility grow, reflecting a clear career ladder.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$68,860$33.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$89,378$43
ManagerOversees team, compliance, and project delivery.50% (Median)$102,500$49.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$148,963$71.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$173,410$83.4

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$119,170

Gross Pay

Real Wage (Purchasing Power)

$119,170

Adjusted for COL (100)

The average annual salary of $119,170 in Knoxville 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 Knoxville is equivalent to the national average, offering a stable financial standing relative to the rest of the country.

Job Market Context

1,980

Total Jobs

4.729

Per 1K Jobs

1.29

Location Quotient

Above Average

With a location quotient of 1.29, Knoxville, TN has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

Knoxville's Location Quotient of 1.29 indicates a higher concentration of Medical and Health Services Managers compared to the national average. This suggests a competitive yet stable job market where demand for these specialized skills is notably present, potentially offering more opportunities than in areas with lower quotients.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

Comparing salaries near Knoxville, TN

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Knoxville, TN?

The median annual salary for a Medical and Health Services Managers in Knoxville, TN is $119,170. This typically ranges from $68,860 for entry-level positions to $173,410 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 13.1% lower than the national median of $137,170.

Is Knoxville, TN a lucrative place for Medical and Health Services Managerss?

Yes, Knoxville offers a stable earning potential for Medical and Health Services Managers.The average salary of $119,170, combined with a cost of living at the national average, provides solid financial footing. Furthermore, a Location Quotient above 1.0 indicates a strong local demand for these professionals.

Is Knoxville, TN a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Morristown, TN ($112,540) and Cleveland, TN.

How does Knoxville's salary compare to the national average?

Medical and Health Services Managers in Knoxville earn an average of $119,170 annually, which is approximately $18,000 less than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Knoxville?

Knoxville has a higher concentration of Medical and Health Services Managers than the national average, with a Location Quotient of 1.29, indicating a strong presence of this profession.

How does the cost of living in Knoxville affect salary perception?

With a Cost of Living Index of 100, Knoxville's cost of living is exactly at the national average. This means the $119,170 salary has the same purchasing power as the national average salary.

What does the job market look like for this role in Knoxville?

The job market appears robust, with 1,980 Medical and Health Services Managers employed locally and a concentration (LQ) of 1.29, suggesting consistent demand and opportunity within the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,980 employees in the Knoxville, TN area with a job density of 4.729 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.