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Average Medical and Health Services Managers Salary in Midland, MI

Medical and Health Services Managers in Midland, MI, earn an average annual salary of $128,000. 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 contribute to this compensation. The specific economic landscape of Midland, MI, plays a crucial role in shaping these salary expectations for healthcare administrators.

Executive Summary

  • Average Salary: $128,000 per year.
  • Growth Trend: Salaries have shifted 3.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $173,530.
  • Outlook: The job market for Medical and Health Services Managers in Midland, MI, appears robust, with a total local workforce of 200 individuals in this role. The Location Quotient of 1.47 indicates a higher concentration of these professionals compared to the national average, suggesting a strong and potentially growing demand for their expertise within the region's healthcare sector.
2024 Market Data

Salary Overview

$128,000

The average Medical and Health Services Managers in Midland, MI earns-6.7%below the national average.

BreakdownBased on 40h/week
Hourly

$61.5

Weekly

$2,462

Monthly

$10,667

Medical and Health Services Managers Salary Distribution in Midland, MI

Career progression for Medical and Health Services Managers in Midland, MI, significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior roles underscores the value placed on experience and leadership within the healthcare management field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$74,270$35.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$96,000$46.2
ManagerOversees team, compliance, and project delivery.50% (Median)$108,080$52
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$160,000$76.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$173,530$83.4

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$128,000

Gross Pay

Real Wage (Purchasing Power)

$128,000

Adjusted for COL (100)

With an average annual salary of $128,000 and a Cost of Living Index of 100 (matching the national average), Medical and Health Services Managers in Midland, MI, find their nominal earnings align precisely with the cost of living. This means that the purchasing power of their salary is comparable to the national standard, offering a stable financial environment without significant advantages or disadvantages related to expenses.

Job Market Context

200

Total Jobs

5.39

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Midland, MI has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

The Location Quotient of 1.47 for Medical and Health Services Managers in Midland, MI, signifies a market where these professionals are more concentrated than the national average. This suggests a healthy demand and a potentially competitive environment, as the number of jobs per 1,000 workers (5.39) is also notable, indicating that employers actively seek this talent within the local healthcare infrastructure.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Midland, MI?

The median annual salary for a Medical and Health Services Managers in Midland, MI is $128,000. This typically ranges from $74,270 for entry-level positions to $173,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Midland, MI is 6.7% lower than the national median of $137,170.

Is Midland, MI a lucrative place for Medical and Health Services Managerss?

Yes, with a stable cost of living.Midland, MI offers a competitive salary of $128,000 for Medical and Health Services Managers, which aligns perfectly with the national average cost of living. The strong concentration of these roles (LQ 1.47) indicates a healthy job market.

Is Midland, MI a good place to live for Medical and Health Services Managers?

The Cost of Living Index in Midland, MI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Midland, MI?

Some top paying nearby cities include Bay City, MI ($116,160) and Saginaw, MI.

How does the Midland, MI salary compare to the national average?

The average annual salary for Medical and Health Services Managers in Midland, MI, is $128,000, which is slightly lower than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Midland, MI?

Midland, MI has a Location Quotient of 1.47 for this role, indicating a higher concentration of Medical and Health Services Managers compared to the national average.

Does the cost of living in Midland, MI affect the salary's value?

No, the Cost of Living Index in Midland, MI is 100, which is the national average. Therefore, the $128,000 salary has a purchasing power equivalent to the national standard.

How many Medical and Health Services Managers are there in Midland, MI?

There are approximately 200 Medical and Health Services Managers employed in Midland, MI, representing 5.39 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Midland, MI area with a job density of 5.39 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.