Average Medical and Health Services Managers Salary in Little Rock-North Little Rock-Conway, AR
In Little Rock-North Little Rock-Conway, AR, Medical and Health Services Managers earn an average annual salary of $105,000. This figure is notably below the national average of $137,170, reflecting regional economic factors and the specific demand dynamics within the Arkansas healthcare sector. While the nominal salary is lower, understanding the local market context is crucial for career planning.
Executive Summary
- Average Salary: $105,000 per year.
- Growth Trend: Salaries have shifted 6.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $165,960.
- Outlook: The Little Rock-North Little Rock-Conway metropolitan area supports a substantial workforce of 2,360 Medical and Health Services Managers. This concentration, indicated by a Location Quotient of 1.82, suggests a demand for these professionals that is significantly higher than the national average. The presence of nearly 7 professionals per 1,000 workers points to a robust and active job market for healthcare administrators in this region.
Salary Overview
The average Medical and Health Services Managers in Little Rock-North Little Rock-Conway, AR earns-23.5%below the national average.
$50.5
$2,019
$8,750
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for this exact period isn't provided, it's reasonable to assume that salaries for Medical and Health Services Managers in Little Rock-North Little Rock-Conway have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare complexity, an aging population, and evolving regulatory landscapes typically drive up demand and, consequently, compensation for skilled administrators.
Medical and Health Services Managers Salary Distribution in Little Rock-North Little Rock-Conway, AR
Career progression for Medical and Health Services Managers in Little Rock-North Little Rock-Conway typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and proven leadership capabilities can command salaries well above the average. The percentile gaps in earnings clearly signify the substantial career trajectory and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $58,590 | $28.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $78,750 | $37.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $90,750 | $43.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $131,250 | $63.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $165,960 | $79.8 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$105,000
Gross Pay
Real Wage (Purchasing Power)
$105,000
Adjusted for COL (100)
The average annual salary of $105,000 for Medical and Health Services Managers in Little Rock-North Little Rock-Conway aligns perfectly with the national average cost of living, which stands at an index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial environment for professionals considering a move or already residing in the area.
Job Market Context
2,360
Total Jobs
6.697
Per 1K Jobs
1.82
Location Quotient
Little Rock-North Little Rock-Conway, AR has 1.8x the national concentration of Medical and Health Services Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.82, the Little Rock-North Little Rock-Conway area exhibits a significantly higher concentration of Medical and Health Services Managers compared to the national average. This indicates a strong local demand and a potentially competitive job market where employers actively seek these specialized roles, suggesting good opportunities for qualified candidates.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| South Arkansas nonmetropolitan area Medical and Health Services Managers Salary | $88,500↓ 16% | 17 mi |
| North Arkansas nonmetropolitan area Medical and Health Services Managers Salary | $90,630↓ 14% | 17 mi |
| West Arkansas nonmetropolitan area Medical and Health Services Managers Salary | $88,800↓ 15% | 17 mi |
| East Arkansas nonmetropolitan area Medical and Health Services Managers Salary | $89,050↓ 15% | 17 mi |
| Hot Springs, AR Medical and Health Services Managers Salary | $93,860↓ 11% | 43 mi |
Comparing salaries near Little Rock-North Little Rock-Conway, AR
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Little Rock-North Little Rock-Conway, AR?
The median annual salary for a Medical and Health Services Managers in Little Rock-North Little Rock-Conway, AR is $105,000. This typically ranges from $58,590 for entry-level positions to $165,960 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Little Rock-North Little Rock-Conway, AR is 23.5% lower than the national median of $137,170.
Is Little Rock-North Little Rock-Conway, AR a lucrative place for Medical and Health Services Managers?
No, not when compared to the national average.While the local salary of $105,000 is substantial, it falls short of the national average of $137,170. However, the cost of living being at the national average means the purchasing power is comparable.
Is Little Rock-North Little Rock-Conway, AR a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?
Some top paying nearby cities include South Arkansas nonmetropolitan area ($88,500) and North Arkansas nonmetropolitan area.
How does the Little Rock salary compare to the national average?
Medical and Health Services Managers in Little Rock-North Little Rock-Conway earn an average of $105,000 annually, which is approximately $32,000 less than the national average of $137,170.
What is the job concentration for this role in Little Rock?
The job concentration, measured by the Location Quotient, is 1.82, indicating that Medical and Health Services Managers are employed at a rate 82% higher than the national average in the Little Rock-North Little Rock-Conway area.
How does the cost of living affect the salary in Little Rock?
The cost of living in Little Rock-North Little Rock-Conway is exactly at the national average (index of 100). This means the $105,000 salary offers purchasing power equivalent to the national average, despite being lower in nominal terms.
What does the job market look like for these managers in Little Rock?
The market appears robust, with nearly 7 Medical and Health Services Managers per 1,000 workers, suggesting consistent demand and opportunities within the local healthcare industry.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,360 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 6.697 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 Little Rock-North Little Rock-Conway, AR