Average Medical and Health Services Managers Salary in Montgomery, AL
Medical and Health Services Managers in Montgomery, AL earn an average annual salary of $106,110. This figure is notably below the national average of $137,170, suggesting that local market dynamics and potentially regional economic factors influence compensation for this vital role. While the nominal salary may seem lower, understanding the local economic context is crucial for a complete picture.
Executive Summary
- Average Salary: $106,110 per year.
- Growth Trend: Salaries have shifted 19.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $151,920.
- Outlook: With a local workforce of 680 Medical and Health Services Managers, Montgomery presents a stable, albeit not exceptionally concentrated, employment landscape for these professionals. The Location Quotient of 1.14 indicates a slightly higher concentration of these roles compared to the national average, suggesting a steady demand that aligns with the size of the existing workforce.
Salary Overview
The average Medical and Health Services Managers in Montgomery, AL earns-22.6%below the national average.
$51
$2,041
$8,843
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Montgomery is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, evolving healthcare regulations, and the need for skilled management likely contribute to upward pressure on compensation, even in regional markets.
Medical and Health Services Managers Salary Distribution in Montgomery, AL
Salary progression for Medical and Health Services Managers is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, often reaching the higher percentiles. The gap between entry-level and senior-level salaries signifies clear career advancement opportunities within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $64,910 | $31.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $79,583 | $38.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,490 | $47.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $132,638 | $63.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $151,920 | $73 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$106,110
Gross Pay
Real Wage (Purchasing Power)
$106,110
Adjusted for COL (100)
The average annual salary of $106,110 in Montgomery, AL, is positioned against a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced lifestyle without the premium often associated with higher cost-of-living areas.
Job Market Context
680
Total Jobs
4.167
Per 1K Jobs
1.14
Location Quotient
With a location quotient of 1.14, Montgomery, AL has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
A Location Quotient of 1.14 signifies that Montgomery, AL, has a slightly higher concentration of Medical and Health Services Managers than the national average. This suggests a healthy, competitive market where demand is present and potentially growing, offering opportunities for skilled professionals without being oversaturated.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Northeast Alabama nonmetropolitan area Medical and Health Services Managers Salary | $93,980↓ 11% | 44 mi |
| Southeast Alabama nonmetropolitan area Medical and Health Services Managers Salary | $92,690↓ 13% | 44 mi |
| Northwest Alabama nonmetropolitan area Medical and Health Services Managers Salary | $91,590↓ 14% | 44 mi |
| Southwest Alabama nonmetropolitan area Medical and Health Services Managers Salary | $89,250↓ 16% | 44 mi |
| Auburn-Opelika, AL Medical and Health Services Managers Salary | $103,190↓ 3% | 49 mi |
Comparing salaries near Montgomery, AL
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Montgomery, AL?
The median annual salary for a Medical and Health Services Managers in Montgomery, AL is $106,110. This typically ranges from $64,910 for entry-level positions to $151,920 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montgomery, AL is 22.6% lower than the national median of $137,170.
Is Montgomery, AL a lucrative place for Medical and Health Services Managers?
Moderately lucrative, with compensation aligning with the local cost of living.While the average salary of $106,110 is below the national average, it is balanced by a Cost of Living Index of 100, meaning your earnings have average purchasing power locally. The slightly above-average concentration of these roles indicates stable demand.
Is Montgomery, AL a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Montgomery, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montgomery, AL?
Some top paying nearby cities include Northeast Alabama nonmetropolitan area ($93,980) and Southeast Alabama nonmetropolitan area.
How does Montgomery's Medical and Health Services Manager salary compare to the national average?
The average salary in Montgomery, AL, is $106,110, which is lower than the national average of $137,170.
What is the Cost of Living in Montgomery, AL, relative to the nation?
Montgomery, AL, has a Cost of Living Index of 100, which is exactly the national average, indicating that the cost of goods and services is comparable nationwide.
Is there high demand for Medical and Health Services Managers in Montgomery, AL?
With a Location Quotient of 1.14, there is a slightly higher concentration of these roles than the national average, suggesting steady and consistent demand.
How many Medical and Health Services Managers work in Montgomery, AL?
There are approximately 680 Medical and Health Services Managers employed in Montgomery, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 680 employees in the Montgomery, AL area with a job density of 4.167 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 Montgomery, AL