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Average Medical and Health Services Managers Salary in Lower West Mississippi nonmetropolitan area

Medical and Health Services Managers in the Lower West Mississippi nonmetropolitan area earn an average annual salary of $91,620. This figure is notably lower than the national average of $137,170, reflecting regional economic factors and demand specific to this locale. The pay differential underscores the impact of geographic location on compensation within this vital healthcare sector.

Executive Summary

  • Average Salary: $91,620 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $134,650.
  • Outlook: The Lower West Mississippi nonmetropolitan area supports a local workforce of 340 Medical and Health Services Managers. With a Location Quotient of 1.15, indicating a slightly higher concentration of these roles compared to the national average, the job market demonstrates a steady, albeit not explosive, demand for these professionals within the region.
2024 Market Data

Salary Overview

$91,620

The average Medical and Health Services Managers in Lower West Mississippi nonmetropolitan area earns-33.2%below the national average.

BreakdownBased on 40h/week
Hourly

$44.1

Weekly

$1,762

Monthly

$7,635

Medical and Health Services Managers Salary Distribution in Lower West Mississippi nonmetropolitan area

Salary progression for Medical and Health Services Managers is significantly influenced by experience. Entry-level positions typically command salaries at the lower percentiles, while seasoned professionals with extensive experience and specialized skills can expect to earn at the higher percentiles. The widening gap between entry-level and senior salaries signifies clear opportunities for career advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,990$22.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$68,715$33
ManagerOversees team, compliance, and project delivery.50% (Median)$83,010$39.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$114,525$55.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$134,650$64.7

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$91,620

Gross Pay

Real Wage (Purchasing Power)

$91,620

Adjusted for COL (100)

The average annual salary of $91,620 in the Lower West Mississippi nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the nominal salary earned by managers in this region offers purchasing power equivalent to the national average, suggesting a balanced economic environment where wages are commensurate with the general cost of goods and services.

Job Market Context

340

Total Jobs

4.206

Per 1K Jobs

1.15

Location Quotient

Above Average

With a location quotient of 1.15, Lower West Mississippi nonmetropolitan area has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

A Location Quotient of 1.15 suggests that Medical and Health Services Managers are slightly more concentrated in the Lower West Mississippi nonmetropolitan area than the national average. This indicates a healthy, established presence of these roles, implying a competitive but accessible job market where opportunities exist for qualified candidates, without being oversaturated.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

Comparing salaries near Lower West Mississippi nonmetropolitan area

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Lower West Mississippi nonmetropolitan area?

The median annual salary for a Medical and Health Services Managers in Lower West Mississippi nonmetropolitan area is $91,620. This typically ranges from $46,990 for entry-level positions to $134,650 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lower West Mississippi nonmetropolitan area is 33.2% lower than the national median of $137,170.

Is Lower West Mississippi nonmetropolitan area a lucrative place for Medical and Health Services Managerss?

No, it is not exceptionally lucrative compared to the national average.While the average salary of $91,620 is substantial, it falls significantly below the national average of $137,170. However, the cost of living is at the national average, making the salary's purchasing power comparable nationally.

Is Lower West Mississippi nonmetropolitan area a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Lower West Mississippi nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lower West Mississippi nonmetropolitan area?

Some top paying nearby cities include Jackson, MS ($107,590) and others.

How does the local workforce size impact job prospects?

A local workforce of 340 Medical and Health Services Managers suggests a stable, established sector within the region, offering consistent, though not rapidly expanding, job opportunities.

What does a Location Quotient of 1.15 mean for job seekers?

A Location Quotient above 1.0 indicates a higher concentration of these jobs locally than nationally, suggesting a slightly more favorable market for job seekers in this specific role compared to the broader national landscape.

How does experience affect salary for this role in Lower West Mississippi?

Experience is a key driver of salary, with entry-level positions earning less and senior roles commanding significantly higher salaries, reflecting a standard career progression.

Is the Lower West Mississippi nonmetropolitan area a good place to live for healthcare managers based on cost of living?

Yes, with a Cost of Living Index of 100, the region offers a cost of living equivalent to the national average, making the $91,620 salary provide average national purchasing power.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Lower West Mississippi nonmetropolitan area area with a job density of 4.206 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.