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Average Medical and Health Services Managers Salary in New Haven, CT

Medical and Health Services Managers in New Haven, CT, command an impressive average annual salary of $143,640, surpassing the national average of $137,170. This elevated compensation reflects the specialized demand and the concentration of healthcare infrastructure within the region, indicating a strong local market for these vital professionals.

Executive Summary

  • Average Salary: $143,640 per year.
  • Growth Trend: Salaries have shifted 19.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $215,760.
  • Outlook: With a local workforce of 1,480 Medical and Health Services Managers and a Location Quotient of 1.42, New Haven demonstrates a significant concentration of these roles compared to the national landscape. This suggests a robust and potentially growing job market, where demand for experienced professionals is likely to remain steady or increase.
2024 Market Data

Salary Overview

$143,640

The average Medical and Health Services Managers in New Haven, CT earns+4.7%above the national average.

BreakdownBased on 40h/week
Hourly

$69.1

Weekly

$2,762

Monthly

$11,970

Medical and Health Services Managers Salary Distribution in New Haven, CT

The salary trajectory for Medical and Health Services Managers typically shows a substantial increase with experience. Entry-level positions might start closer to the lower percentiles, while senior roles and those with extensive leadership experience can command salaries well into the higher percentiles, reflecting a clear career progression and the value placed on seasoned expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$81,680$39.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$107,730$51.8
ManagerOversees team, compliance, and project delivery.50% (Median)$127,370$61.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$179,550$86.3
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$215,760$103.7

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$143,640

Gross Pay

Real Wage (Purchasing Power)

$143,640

Adjusted for COL (100)

The average annual salary of $143,640 in New Haven, CT, is particularly advantageous given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a Medical and Health Services Manager's salary in New Haven is equivalent to the national standard, allowing for a comfortable lifestyle without the premium often associated with higher-paying cities.

Job Market Context

1,480

Total Jobs

5.224

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, New Haven, CT has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

A Location Quotient of 1.42 signifies that Medical and Health Services Managers are 42% more concentrated in New Haven than the national average. This indicates a strong, specialized market with potentially more opportunities and a higher demand for these professionals relative to the general workforce, making it a competitive yet rewarding environment.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in New Haven, CT?

The median annual salary for a Medical and Health Services Managers in New Haven, CT is $143,640. This typically ranges from $81,680 for entry-level positions to $215,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Haven, CT is 4.7% higher than the national median of $137,170.

Is New Haven, CT a lucrative place for Medical and Health Services Managers?

Yes, New Haven, CT is a lucrative location for Medical and Health Services Managers.The average salary significantly exceeds the national average, and the cost of living is on par with the national index, enhancing the real value of earnings.

Is New Haven, CT a good place to live for Medical and Health Services Managers?

The Cost of Living Index in New Haven, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Haven, CT?

Some top paying nearby cities include Bridgeport-Stamford-Danbury, CT ($163,760) and Waterbury-Shelton, CT.

How does the New Haven salary compare to the national average?

The average annual salary for Medical and Health Services Managers in New Haven, CT, is $143,640, which is higher than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in New Haven?

New Haven has a concentration of Medical and Health Services Managers that is 42% higher than the national average, indicated by a Location Quotient of 1.42.

How does the cost of living in New Haven affect salary value?

With a Cost of Living Index of 100, New Haven's cost of living is at the national average, meaning the $143,640 salary offers standard purchasing power compared to the rest of the country.

What does the number of jobs per 1,000 workers suggest?

With 5.224 jobs per 1,000 workers, there is a notable presence of Medical and Health Services Manager roles within the local workforce, suggesting consistent employment opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,480 employees in the New Haven, CT area with a job density of 5.224 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.