Average Medical and Health Services Managers Salary in Muncie, IN
In Muncie, IN, Medical and Health Services Managers earn an average annual salary of $113,230. This figure is notably below the national average of $137,170, suggesting that local market dynamics and potentially a different healthcare landscape influence compensation in this region. Factors such as the specific needs of local healthcare facilities and the overall economic environment contribute to this pay differential.
Executive Summary
- Average Salary: $113,230 per year.
- Growth Trend: Salaries have shifted 8.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $183,410.
- Outlook: The Muncie, IN market for Medical and Health Services Managers, while not as large as national hubs, shows a concentrated demand with a total local workforce of 220 individuals. The Location Quotient of 1.36 indicates a higher concentration of these professionals than the national average, suggesting a stable or potentially growing need for their expertise within the local healthcare infrastructure.
Salary Overview
The average Medical and Health Services Managers in Muncie, IN earns-17.5%below the national average.
$54.4
$2,178
$9,436
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Muncie is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in Muncie, IN have experienced growth over the past four years, mirroring national trends. Economic factors and increasing complexity in healthcare management typically drive upward salary adjustments, reflecting both inflation and the expanding responsibilities of these roles.
Medical and Health Services Managers Salary Distribution in Muncie, IN
Career progression for Medical and Health Services Managers in Muncie, IN, as elsewhere, is typically marked by increasing compensation. Entry-level positions will command salaries at the lower end of the spectrum, while senior roles with extensive experience and proven leadership capabilities can expect to earn significantly more, potentially reaching the higher percentiles of the $113,230 average. The gap between entry-level and senior salaries signifies substantial opportunities for career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,950 | $28.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $84,923 | $40.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,090 | $46.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $141,538 | $68 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $183,410 | $88.2 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$113,230
Gross Pay
Real Wage (Purchasing Power)
$113,230
Adjusted for COL (100)
The average annual salary of $113,230 in Muncie, IN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Medical and Health Services Manager's salary in Muncie is equivalent to the national average, offering a stable financial environment for residents without the added pressure of higher living expenses.
Job Market Context
220
Total Jobs
4.997
Per 1K Jobs
1.36
Location Quotient
With a location quotient of 1.36, Muncie, IN has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
With a Location Quotient of 1.36, Muncie, IN demonstrates a higher concentration of Medical and Health Services Managers compared to the national average. This suggests that the job market in Muncie is relatively robust for this profession, with demand potentially outpacing the national average, making it a favorable environment for those seeking employment or career advancement in healthcare administration.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Kokomo, IN Medical and Health Services Managers Salary | $102,600↓ 9% | 43 mi |
| Indianapolis-Carmel-Greenwood, IN Medical and Health Services Managers Salary | $118,750↑ 5% | 49 mi |
| Northern Indiana nonmetropolitan area Medical and Health Services Managers Salary | $102,360↓ 10% | 52 mi |
| Southern Indiana nonmetropolitan area Medical and Health Services Managers Salary | $100,180↓ 12% | 52 mi |
| Central Indiana nonmetropolitan area Medical and Health Services Managers Salary | $100,980↓ 11% | 52 mi |
Comparing salaries near Muncie, IN
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Muncie, IN?
The median annual salary for a Medical and Health Services Managers in Muncie, IN is $113,230. This typically ranges from $59,950 for entry-level positions to $183,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Muncie, IN is 17.5% lower than the national median of $137,170.
Is Muncie, IN a lucrative place for Medical and Health Services Managers?
No, not compared to the national average.While Medical and Health Services Managers in Muncie earn a solid $113,230, this is below the national average of $137,170. However, the cost of living is also at the national average, meaning the salary's purchasing power is equivalent nationally.
Is Muncie, IN a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Muncie, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Muncie, IN?
Some top paying nearby cities include Kokomo, IN ($102,600) and Indianapolis-Carmel-Greenwood, IN.
How does Muncie's concentration of Medical and Health Services Managers compare nationally?
Muncie, IN has a higher concentration of Medical and Health Services Managers than the national average, indicated by a Location Quotient of 1.36. This suggests a strong local presence and demand for these professionals.
What is the cost of living in Muncie, IN for healthcare managers?
The cost of living in Muncie, IN is exactly at the national average, with an index of 100. This means that the $113,230 salary offers purchasing power equivalent to the national average.
How many Medical and Health Services Managers are there in Muncie, IN?
There are approximately 220 Medical and Health Services Managers employed in Muncie, IN, representing 4.997 jobs per 1,000 workers in the local economy.
Is the salary for Medical and Health Services Managers in Muncie expected to grow?
While specific local data isn't available, national trends suggest that salaries for Medical and Health Services Managers are generally on an upward trajectory due to the evolving healthcare industry and increasing responsibilities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Muncie, IN area with a job density of 4.997 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 Muncie, IN