Average Medical and Health Services Managers Salary in Memphis, TN-MS-AR
Medical and Health Services Managers in the Memphis, TN-MS-AR area earn an average annual salary of $129,920. This figure is slightly below the national average of $137,170, suggesting localized economic factors and demand play a role in compensation within this metropolitan region. Understanding these local dynamics is crucial for professionals in this field.
Executive Summary
- Average Salary: $129,920 per year.
- Growth Trend: Salaries have shifted 13.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $196,500.
- Outlook: The Memphis region supports a substantial workforce of 2,310 Medical and Health Services Managers. With a Location Quotient of 1.01, the concentration of these roles is nearly on par with the national average, indicating a stable and consistent demand for healthcare leadership. The presence of nearly 4 jobs per 1,000 workers further underscores the robust employment landscape for these professionals.
Salary Overview
The average Medical and Health Services Managers in Memphis, TN-MS-AR earns-5.3%below the national average.
$62.5
$2,498
$10,827
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Memphis is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in the region have experienced growth over the past four years, mirroring national trends. Increased healthcare needs, evolving administrative complexities, and a growing emphasis on efficient healthcare delivery typically drive upward salary adjustments for experienced professionals in this sector.
Medical and Health Services Managers Salary Distribution in Memphis, TN-MS-AR
Salary progression for Medical and Health Services Managers in Memphis is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, often reaching into the upper percentiles of the salary range. The widening gap between entry-level and senior roles reflects the increasing responsibility and expertise required for leadership positions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $69,990 | $33.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,440 | $46.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $106,620 | $51.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $162,400 | $78.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $196,500 | $94.5 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$129,920
Gross Pay
Real Wage (Purchasing Power)
$129,920
Adjusted for COL (100)
The average annual salary of $129,920 in Memphis aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Health Services Manager's salary in Memphis is equivalent to the national average, offering a stable financial environment for residents. The nominal salary effectively translates to a comfortable standard of living without significant financial strain compared to other major metropolitan areas.
Job Market Context
2,310
Total Jobs
3.722
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
A Location Quotient of 1.01 signifies that the Memphis, TN-MS-AR area has a job market for Medical and Health Services Managers that is very closely aligned with the national average in terms of concentration. This suggests a balanced market where demand is present but not overwhelmingly competitive, offering a steady stream of opportunities for qualified individuals without excessive saturation.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Jonesboro, AR Medical and Health Services Managers Salary | $115,720↓ 11% | 64 mi |
| Jackson, TN Medical and Health Services Managers Salary | $100,520↓ 23% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Memphis, TN-MS-AR?
The median annual salary for a Medical and Health Services Managers in Memphis, TN-MS-AR is $129,920. This typically ranges from $69,990 for entry-level positions to $196,500 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 5.3% lower than the national median of $137,170.
Is Memphis, TN-MS-AR a lucrative place for Medical and Health Services Managerss?
Yes, it offers a competitive salary relative to the cost of living.With an average salary of $129,920 and a Cost of Living Index matching the national average, Memphis provides strong earning potential. The stable job market concentration further supports this.
Is Memphis, TN-MS-AR a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jonesboro, AR ($115,720) and Jackson, TN.
How does the Memphis salary compare to the national average?
The average salary for Medical and Health Services Managers in Memphis is $129,920, which is slightly lower than the national average of $137,170.
What is the Cost of Living in Memphis, TN-MS-AR?
The Cost of Living Index in Memphis is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated is the job market for Health Services Managers in Memphis?
The job market concentration, measured by the Location Quotient, is 1.01, indicating that the presence of these roles in Memphis is very close to the national average.
How many Medical and Health Services Managers work in Memphis?
There are approximately 2,310 Medical and Health Services Managers employed in the Memphis, TN-MS-AR metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,310 employees in the Memphis, TN-MS-AR area with a job density of 3.722 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Medical and Health Services Managers Salaries by State
Top Jobs in Memphis, TN-MS-AR
- All Occupations Salary in Memphis, TN-MS-AR
- Transportation and Material Moving Occupations Salary in Memphis, TN-MS-AR
- Office and Administrative Support Occupations Salary in Memphis, TN-MS-AR
- Food Preparation and Serving Related Occupations Salary in Memphis, TN-MS-AR
- Sales and Related Occupations Salary in Memphis, TN-MS-AR
- Healthcare Practitioners and Technical Occupations Salary in Memphis, TN-MS-AR
- Laborers and Freight, Stock, and Material Movers, Hand Salary in Memphis, TN-MS-AR
- Management Occupations Salary in Memphis, TN-MS-AR
- Production Occupations Salary in Memphis, TN-MS-AR
- Business and Financial Operations Occupations Salary in Memphis, TN-MS-AR
- Browse All Jobs in Memphis, TN-MS-AR →
Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR