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Average Medical and Health Services Managers Salary in Lafayette-West Lafayette, IN

In Lafayette-West Lafayette, IN, Medical and Health Services Managers earn an average annual salary of $120,690. 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: $120,690 per year.
  • Growth Trend: Salaries have shifted 12.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,210.
  • Outlook: The Lafayette-West Lafayette area supports a local workforce of 330 Medical and Health Services Managers. With a location quotient of 0.88, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally dense market for these professionals.
2024 Market Data

Salary Overview

$120,690

The average Medical and Health Services Managers in Lafayette-West Lafayette, IN earns-12.0%below the national average.

BreakdownBased on 40h/week
Hourly

$58

Weekly

$2,321

Monthly

$10,058

Medical and Health Services Managers Salary Distribution in Lafayette-West Lafayette, IN

Salary progression for Medical and Health Services Managers in Lafayette-West Lafayette typically scales with experience. Entry-level positions may start at a lower percentile, while senior roles, characterized by greater responsibility and expertise, command salaries in the higher percentiles, reflecting a clear career growth trajectory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,630$29.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$90,518$43.5
ManagerOversees team, compliance, and project delivery.50% (Median)$100,390$48.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$150,863$72.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$165,210$79.4

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$120,690

Gross Pay

Real Wage (Purchasing Power)

$120,690

Adjusted for COL (100)

The average annual salary of $120,690 in Lafayette-West Lafayette 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 environment.

Job Market Context

330

Total Jobs

3.234

Per 1K Jobs

0.88

Location Quotient

Below Average

Lafayette-West Lafayette, IN has 0.88x 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.

A location quotient of 0.88 suggests that Medical and Health Services Managers are slightly less concentrated in Lafayette-West Lafayette compared to the national average. This indicates a moderately competitive job market where demand is present but not overwhelmingly high, offering a balanced environment for job seekers and employers.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Lafayette-West Lafayette, IN?

The median annual salary for a Medical and Health Services Managers in Lafayette-West Lafayette, IN is $120,690. This typically ranges from $61,630 for entry-level positions to $165,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 12.0% lower than the national median of $137,170.

Is Lafayette-West Lafayette, IN a lucrative place for Medical and Health Services Managerss?

No, but it offers average purchasing power.While the average salary of $120,690 is below the national average, the cost of living is also at the national average, meaning the salary offers standard purchasing power.

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

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

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Kokomo, IN ($102,600) and Northern Indiana nonmetropolitan area.

How does the Lafayette-West Lafayette salary compare to the national average?

The average salary for Medical and Health Services Managers in Lafayette-West Lafayette is $120,690, which is lower than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Lafayette-West Lafayette?

The concentration, measured by the location quotient, is 0.88, indicating slightly fewer managers per worker than the national average.

How does the cost of living affect the salary in Lafayette-West Lafayette?

With a cost of living index of 100, the salary of $120,690 has the same purchasing power as the national average salary in a national average cost of living area.

What is the total number of Medical and Health Services Managers in Lafayette-West Lafayette?

There are approximately 330 Medical and Health Services Managers employed in the Lafayette-West Lafayette area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Lafayette-West Lafayette, IN area with a job density of 3.234 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.