Average Medical and Health Services Managers Salary in Louisville/Jefferson County, KY-IN
In Louisville/Jefferson County, KY-IN, Medical and Health Services Managers earn an average annual salary of $126,400. This figure is slightly below the national average of $137,170, suggesting that while the demand is present, local market dynamics and potentially other factors influence compensation in this region. The specific economic landscape of Louisville/Jefferson County shapes the earning potential for these vital healthcare administrators.
Executive Summary
- Average Salary: $126,400 per year.
- Growth Trend: Salaries have shifted 32.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $212,390.
- Outlook: The local job market for Medical and Health Services Managers in Louisville/Jefferson County, KY-IN, appears robust, with a total workforce of 2,650 professionals. The Location Quotient of 1.05 indicates a concentration of these roles slightly above the national average, suggesting a stable and potentially growing demand for skilled managers within the region's healthcare sector.
Salary Overview
The average Medical and Health Services Managers in Louisville/Jefferson County, KY-IN earns-7.9%below the national average.
$60.8
$2,431
$10,533
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a general upward trend in salaries for Medical and Health Services Managers over the past four years, mirroring national trends. Economic factors, increased healthcare demand, and evolving administrative complexities likely contribute to salary growth, positioning these roles for continued financial appreciation.
Medical and Health Services Managers Salary Distribution in Louisville/Jefferson County, KY-IN
Salary progression for Medical and Health Services Managers typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive leadership experience and specialized skills can command salaries well into the upper percentiles. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $63,060 | $30.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $94,800 | $45.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $108,170 | $52 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $158,000 | $76 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $212,390 | $102.1 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$126,400
Gross Pay
Real Wage (Purchasing Power)
$126,400
Adjusted for COL (100)
The nominal average salary of $126,400 in Louisville/Jefferson County, KY-IN, aligns perfectly with the local Cost of Living Index of 100, which is the national average. 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 the cost of goods and services.
Job Market Context
2,650
Total Jobs
3.861
Per 1K Jobs
1.05
Location Quotient
With a location quotient of 1.05, Louisville/Jefferson County, KY-IN has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
With a Location Quotient of 1.05, Louisville/Jefferson County, KY-IN, exhibits a slightly higher concentration of Medical and Health Services Managers compared to the national average. This suggests a competitive yet stable job market where demand is at least on par with, if not slightly exceeding, the national distribution of these professionals, indicating good opportunities for those in the field.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Elizabethtown, KY Medical and Health Services Managers Salary | $109,370↓ 13% | 39 mi |
| Columbus, IN Medical and Health Services Managers Salary | $102,030↓ 19% | 67 mi |
| Central Kentucky nonmetropolitan area Medical and Health Services Managers Salary | $103,090↓ 18% | 72 mi |
| South Central Kentucky nonmetropolitan area Medical and Health Services Managers Salary | $107,520↓ 15% | 72 mi |
| West Kentucky nonmetropolitan area Medical and Health Services Managers Salary | $99,270↓ 21% | 72 mi |
Comparing salaries near Louisville/Jefferson County, KY-IN
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Louisville/Jefferson County, KY-IN?
The median annual salary for a Medical and Health Services Managers in Louisville/Jefferson County, KY-IN is $126,400. This typically ranges from $63,060 for entry-level positions to $212,390 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Louisville/Jefferson County, KY-IN is 7.9% lower than the national median of $137,170.
Is Louisville/Jefferson County, KY-IN a lucrative place for Medical and Health Services Managers?
Yes, it offers competitive compensation relative to the cost of living.While the average salary is slightly below the national average, the Cost of Living Index being exactly at the national average means your $126,400 salary has equivalent purchasing power. The slightly above-average concentration of these roles also points to a healthy job market.
Is Louisville/Jefferson County, KY-IN a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Louisville/Jefferson County, KY-IN?
Some top paying nearby cities include Elizabethtown, KY ($109,370) and Columbus, IN.
How does the Louisville salary compare to the national average?
The average annual salary for Medical and Health Services Managers in Louisville/Jefferson County, KY-IN is $126,400, which is approximately $10,770 less than the national average of $137,170.
What is the job concentration for this role in Louisville?
The Location Quotient for Medical and Health Services Managers in Louisville/Jefferson County, KY-IN is 1.05, indicating that the area has a slightly higher concentration of these jobs compared to the national average.
How does the cost of living affect the salary in Louisville?
The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100, which is the national average. This means the $126,400 salary offers purchasing power equivalent to the national average.
What is the total number of Medical and Health Services Managers in Louisville?
There are approximately 2,650 Medical and Health Services Managers employed in the Louisville/Jefferson County, KY-IN area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,650 employees in the Louisville/Jefferson County, KY-IN area with a job density of 3.861 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 Louisville/Jefferson County, KY-IN