Average Medical and Health Services Managers Salary in Lafayette, LA
Medical and Health Services Managers in Lafayette, LA, earn an average annual salary of $110,090. This figure is notably below the national average of $137,170, reflecting regional economic factors and the specific demand within the local healthcare landscape. While the nominal salary may seem lower, understanding the local cost of living is crucial for a complete financial picture.
Executive Summary
- Average Salary: $110,090 per year.
- Growth Trend: Salaries have shifted 13.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $161,930.
- Outlook: The Lafayette, LA, market for Medical and Health Services Managers is moderately concentrated, with a Location Quotient of 0.85, indicating a presence slightly below the national average. The local workforce comprises approximately 550 professionals in this field, with 3.108 jobs per 1,000 workers. This suggests a stable, albeit not rapidly expanding, demand for these essential healthcare leadership roles within the community.
Salary Overview
The average Medical and Health Services Managers in Lafayette, LA earns-19.7%below the national average.
$52.9
$2,117
$9,174
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, it's reasonable to assume that salaries for Medical and Health Services Managers in the region have experienced gradual growth over the past four years, mirroring national trends. Factors such as inflation, increasing healthcare complexity, and the ongoing need for skilled administrators likely contribute to a steady upward trajectory in compensation, even if it lags behind national increases.
Medical and Health Services Managers Salary Distribution in Lafayette, LA
Career progression for Medical and Health Services Managers in Lafayette, LA, typically involves significant salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in compensation clearly signify the value placed on accumulated knowledge, leadership capabilities, and a proven track record in managing healthcare operations.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,500 | $29.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $82,568 | $39.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $99,210 | $47.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $137,613 | $66.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $161,930 | $77.9 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$110,090
Gross Pay
Real Wage (Purchasing Power)
$110,090
Adjusted for COL (100)
The average annual salary of $110,090 for Medical and Health Services Managers in Lafayette, LA, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of the salary in Lafayette is equivalent to the national average. Therefore, the nominal salary translates directly to a comparable standard of living when compared to the rest of the United States, offering stability for those considering a move.
Job Market Context
550
Total Jobs
3.108
Per 1K Jobs
0.85
Location Quotient
Lafayette, LA has 0.85x the national average concentration of Medical and Health Services Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.85, Lafayette, LA, presents a job market for Medical and Health Services Managers that is slightly less concentrated than the national average. This suggests that while the profession is established, there isn't an oversupply of these professionals relative to other occupations. This equilibrium can indicate a healthy competitive environment where skilled managers are valued, but the market isn't saturated.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Baton Rouge, LA Medical and Health Services Managers Salary | $130,170↑ 18% | 56 mi |
| Southwest Louisiana nonmetropolitan area Medical and Health Services Managers Salary | $96,950↓ 12% | 67 mi |
| Central Louisiana nonmetropolitan area Medical and Health Services Managers Salary | $103,190↓ 6% | 67 mi |
| Northeast Louisiana nonmetropolitan area Medical and Health Services Managers Salary | $98,080↓ 11% | 67 mi |
| Lake Charles, LA Medical and Health Services Managers Salary | $101,610↓ 8% | 70 mi |
Comparing salaries near Lafayette, LA
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Lafayette, LA?
The median annual salary for a Medical and Health Services Managers in Lafayette, LA is $110,090. This typically ranges from $60,500 for entry-level positions to $161,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 19.7% lower than the national median of $137,170.
Is Lafayette, LA a lucrative place for Medical and Health Services Managers?
No, not exceptionally lucrative compared to the national average.While the average salary of $110,090 is substantial, it falls below the national average of $137,170. However, the cost of living is also at the national average, meaning the salary offers standard purchasing power.
Is Lafayette, LA a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lafayette, LA?
Some top paying nearby cities include Baton Rouge, LA ($130,170) and Southwest Louisiana nonmetropolitan area.
How does the Lafayette salary compare to the national average?
The average salary for Medical and Health Services Managers in Lafayette, LA, is $110,090, which is approximately $27,000 less than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in Lafayette, LA?
The concentration, measured by the Location Quotient, is 0.85, indicating that this profession is slightly less prevalent in Lafayette compared to the national average.
Does the cost of living in Lafayette affect the salary's value?
No, the cost of living in Lafayette is exactly at the national average (100). This means the $110,090 salary provides a purchasing power equivalent to the national average.
How many Medical and Health Services Managers are there in Lafayette, LA?
There are approximately 550 Medical and Health Services Managers in Lafayette, LA, representing 3.108 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Lafayette, LA area with a job density of 3.108 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 Lafayette, LA