Average Medical and Health Services Managers Salary in Madison, WI
Medical and Health Services Managers in Madison, WI, command an impressive average annual salary of $155,960, significantly surpassing the national average of $137,170. This elevated compensation reflects the specialized skills and responsibilities inherent in managing healthcare operations within the vibrant Madison economic landscape.
Executive Summary
- Average Salary: $155,960 per year.
- Growth Trend: Salaries have shifted 24.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $233,940.
- Outlook: With a local workforce of 1,220 Medical and Health Services Managers, Madison, WI, presents a stable employment environment for this profession. The location quotient of 0.82 suggests a concentration slightly below the national average, indicating a healthy demand that is met by a proportionate supply of professionals, ensuring consistent opportunities.
Salary Overview
The average Medical and Health Services Managers in Madison, WI earns+13.7%above the national average.
$75
$2,999
$12,997
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Medical and Health Services Managers in Madison, WI, have experienced steady growth over the past four years, mirroring national trends of increasing healthcare expenditure and the growing complexity of healthcare administration. This upward trajectory is likely driven by inflation, demand for experienced professionals, and advancements in healthcare technology.
Medical and Health Services Managers Salary Distribution in Madison, WI
The salary spectrum for Medical and Health Services Managers in Madison, WI, naturally widens with experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive leadership experience and specialized expertise can command salaries in the upper percentiles. These percentile gaps are crucial indicators of career progression and the significant earning potential available through dedicated professional development.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $100,690 | $48.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $116,970 | $56.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $137,930 | $66.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $194,950 | $93.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $233,940 | $112.5 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$155,960
Gross Pay
Real Wage (Purchasing Power)
$155,960
Adjusted for COL (100)
The average annual salary of $155,960 in Madison, WI, is particularly attractive given the local Cost of Living Index of 100, which is precisely at the national average. This means that the purchasing power of a Medical and Health Services Manager's salary in Madison is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living.
Job Market Context
1,220
Total Jobs
3.011
Per 1K Jobs
0.82
Location Quotient
Madison, WI has 0.82x 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 0.82 for Medical and Health Services Managers in Madison, WI, indicates that the profession is slightly less concentrated than the national average. This suggests that while the market is not oversaturated, there is a solid presence of these roles, offering a competitive yet accessible environment for both employers seeking talent and professionals seeking opportunities.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Medical and Health Services Managers Salary | $159,570↑ 2% | 33 mi |
| Rockford, IL Medical and Health Services Managers Salary | $129,200↓ 17% | 59 mi |
| Fond du Lac, WI Medical and Health Services Managers Salary | $135,120↓ 13% | 68 mi |
| Milwaukee-Waukesha, WI Medical and Health Services Managers Salary | $154,460↓ 1% | 72 mi |
| Oshkosh-Neenah, WI Medical and Health Services Managers Salary | $131,210↓ 16% | 77 mi |
Comparing salaries near Madison, WI
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Madison, WI?
The median annual salary for a Medical and Health Services Managers in Madison, WI is $155,960. This typically ranges from $100,690 for entry-level positions to $233,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 13.7% higher than the national median of $137,170.
Is Madison, WI a lucrative place for Medical and Health Services Managers?
Yes, Madison, WI is a lucrative location for Medical and Health Services Managers.The average salary of $155,960 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing the real value of earnings.
Is Madison, WI a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($159,570) and Rockford, IL.
How does Madison's salary compare to the national average?
Medical and Health Services Managers in Madison, WI, earn an average of $155,960 annually, which is notably higher than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in Madison, WI?
The concentration, measured by the location quotient, is 0.82, indicating that this profession is slightly less prevalent in Madison compared to the national average.
How does the cost of living in Madison affect salary perception?
With a cost of living index of 100, Madison's expenses are equivalent to the national average, meaning the $155,960 salary offers standard purchasing power.
What does the total local workforce size imply for job seekers?
A local workforce of 1,220 suggests a substantial number of opportunities within Madison, providing a robust job market for skilled professionals in this field.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,220 employees in the Madison, WI area with a job density of 3.011 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 Madison, WI