Medical and Health Services Managers in Nashville-Davidson--Murfreesboro--Franklin, TN, earn an impressive average annual salary of $136,040. This figure is remarkably close to the national average of $137,170, indicating a strong and competitive market for these professionals. The local economic landscape and demand within the healthcare sector likely contribute to this robust compensation.
Executive Summary
- Average Salary: $136,040 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $215,550.
- Outlook: The Nashville metropolitan area boasts a substantial local workforce of 5,050 Medical and Health Services Managers. With a Location Quotient of 1.26, this signifies a higher concentration of these roles compared to the national average, suggesting robust demand and a healthy job market for experienced professionals in this field.
Salary Overview
The average Medical and Health Services Managers in Nashville-Davidson--Murfreesboro--Franklin, TN earns-0.8%below the national average.
$65.4
$2,616
$11,337
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Medical and Health Services Managers in the Nashville area have experienced steady growth over the past four years, mirroring national trends. Increased demand for healthcare services and evolving management complexities typically drive upward salary adjustments in this sector.
Medical and Health Services Managers Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN
Career progression for Medical and Health Services Managers is strongly correlated with experience. Entry-level positions typically command salaries at the lower end of the pay scale, while senior roles with extensive leadership responsibilities and specialized expertise can reach significantly higher compensation levels, often reflected in the upper percentiles of the salary distribution.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,430 | $35.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $102,030 | $49.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $115,970 | $55.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $170,050 | $81.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $215,550 | $103.6 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$136,040
Gross Pay
Real Wage (Purchasing Power)
$136,040
Adjusted for COL (100)
The average annual salary of $136,040 in Nashville-Davidson--Murfreesboro--Franklin, TN, aligns perfectly 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 this region is equivalent to the national standard, offering a stable financial outlook without significant cost-of-living adjustments.
Job Market Context
5,050
Total Jobs
4.608
Per 1K Jobs
1.26
Location Quotient
With a location quotient of 1.26, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
A Location Quotient of 1.26 indicates that Medical and Health Services Managers are more concentrated in the Nashville area than the national average. This suggests a strong, established market with potentially more opportunities and a slightly higher demand relative to the general workforce, making it a competitive yet promising environment for these professionals.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| East Tennessee nonmetropolitan area Medical and Health Services Managers Salary | $101,390↓ 25% | 29 mi |
| South Central Tennessee nonmetropolitan area Medical and Health Services Managers Salary | $95,450↓ 30% | 29 mi |
| West Tennessee nonmetropolitan area Medical and Health Services Managers Salary | $100,660↓ 26% | 29 mi |
| North Central Tennessee nonmetropolitan area Medical and Health Services Managers Salary | $108,590↓ 20% | 29 mi |
| Clarksville, TN-KY Medical and Health Services Managers Salary | $112,050↓ 18% | 42 mi |
Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Nashville-Davidson--Murfreesboro--Franklin, TN?
The median annual salary for a Medical and Health Services Managers in Nashville-Davidson--Murfreesboro--Franklin, TN is $136,040. This typically ranges from $74,430 for entry-level positions to $215,550 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 0.8% lower than the national median of $137,170.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Medical and Health Services Managerss?
Yes, it is a lucrative place for Medical and Health Services Managers.The average salary of $136,040 is nearly on par with the national average, and the cost of living is exactly at the national average, indicating strong earning potential.
Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?
Some top paying nearby cities include East Tennessee nonmetropolitan area ($101,390) and South Central Tennessee nonmetropolitan area.
How does the Nashville salary compare to the national average?
The average salary for Medical and Health Services Managers in Nashville is $136,040, which is very close to the national average of $137,170.
What is the job concentration for this role in Nashville?
Nashville has a higher concentration of Medical and Health Services Managers, indicated by a Location Quotient of 1.26, meaning there are more of these jobs relative to the national average.
Does the cost of living affect the value of the salary in Nashville?
No, the cost of living in Nashville is at the national average (100), so the $136,040 salary has the same purchasing power as the national average salary.
How many Medical and Health Services Managers work in the Nashville area?
There are approximately 5,050 Medical and Health Services Managers employed in the Nashville-Davidson--Murfreesboro--Franklin, TN 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 5,050 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 4.608 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 Nashville-Davidson--Murfreesboro--Franklin, TN