Average Medical and Health Services Managers Salary in Monroe, LA
Medical and Health Services Managers in Monroe, LA, earn an average annual salary of $111,650. This figure is notably below the national average of $137,170, reflecting localized economic conditions and demand specific to the Monroe area. Factors such as the regional healthcare market size and the overall economic landscape of Louisiana contribute to this pay differential.
Executive Summary
- Average Salary: $111,650 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $176,840.
- Outlook: The job market for Medical and Health Services Managers in Monroe, LA, shows moderate concentration, with a Location Quotient of 1.13, indicating a slightly higher presence than the national average. The total local workforce of 360 professionals suggests a stable, albeit not expansive, demand for these roles within the region. With 4.135 jobs per 1,000 workers, the market offers consistent opportunities for skilled individuals.
Salary Overview
The average Medical and Health Services Managers in Monroe, LA earns-18.6%below the national average.
$53.7
$2,147
$9,304
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Monroe is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers have experienced a gradual upward trend over the past four years, mirroring national patterns of wage growth in the healthcare sector. This growth is typically driven by increasing healthcare needs, advancements in medical technology, and the rising complexity of healthcare administration.
Medical and Health Services Managers Salary Distribution in Monroe, LA
Career progression for Medical and Health Services Managers significantly impacts earning potential. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in salary distribution highlight the substantial rewards associated with advancing through the ranks and taking on greater leadership responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $65,460 | $31.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $83,738 | $40.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $96,840 | $46.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $139,563 | $67.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $176,840 | $85 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$111,650
Gross Pay
Real Wage (Purchasing Power)
$111,650
Adjusted for COL (100)
The average annual salary of $111,650 in Monroe, LA, is perfectly aligned 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 Monroe is equivalent to the national standard, offering a stable financial environment for residents.
Job Market Context
360
Total Jobs
4.135
Per 1K Jobs
1.13
Location Quotient
With a location quotient of 1.13, Monroe, LA has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
With a Location Quotient of 1.13, Monroe, LA, demonstrates a slightly higher concentration of Medical and Health Services Managers compared to the national average. This suggests a moderately competitive job market where demand is present and perhaps growing, but not oversaturated. The presence of these professionals is integral to the local healthcare infrastructure.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Alexandria, LA Medical and Health Services Managers Salary | $116,470↑ 4% | 88 mi |
| Southwest Louisiana nonmetropolitan area Medical and Health Services Managers Salary | $96,950↓ 13% | 94 mi |
| Central Louisiana nonmetropolitan area Medical and Health Services Managers Salary | $103,190↓ 8% | 94 mi |
| Northeast Louisiana nonmetropolitan area Medical and Health Services Managers Salary | $98,080↓ 12% | 94 mi |
Comparing salaries near Monroe, LA
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Monroe, LA?
The median annual salary for a Medical and Health Services Managers in Monroe, LA is $111,650. This typically ranges from $65,460 for entry-level positions to $176,840 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Monroe, LA is 18.6% lower than the national median of $137,170.
Is Monroe, LA a lucrative place for Medical and Health Services Managerss?
No, it is not as lucrative as the national average.While the salary of $111,650 is substantial, it falls below the national average of $137,170. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Monroe, LA a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Monroe, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Monroe, LA?
Some top paying nearby cities include Alexandria, LA ($116,470) and Southwest Louisiana nonmetropolitan area.
What is the average salary for Medical and Health Services Managers in Monroe, LA?
The average annual salary for Medical and Health Services Managers in Monroe, LA, is $111,650.
How does Monroe, LA's salary compare to the national average?
The average salary in Monroe, LA ($111,650) is lower than the national average of $137,170.
What is the cost of living in Monroe, LA?
The Cost of Living Index in Monroe, LA, is 100, which is the national average.
How concentrated is the job market for Medical and Health Services Managers in Monroe, LA?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.13.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Monroe, LA area with a job density of 4.135 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 Monroe, LA