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Average Medical and Health Services Managers Salary in New York

Medical and Health Services Managers in New York earn a substantial average annual salary of $177,230, significantly outpacing the national average of $137,170. This elevated compensation is largely driven by New York's dynamic healthcare sector, high demand for specialized administrative talent, and the overall economic landscape of the state.

Executive Summary

  • Average Salary: $177,230 per year.
  • Growth Trend: Salaries have shifted 13.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $265,845.
  • Outlook: With a local workforce of 31,010 Medical and Health Services Managers, New York demonstrates a robust presence in this field. The Location Quotient of 0.89 suggests a concentration slightly below the national average, indicating a healthy, albeit not hyper-concentrated, demand for these professionals within the state's extensive healthcare infrastructure.
2024 Market Data

Salary Overview

$177,230

The average Medical and Health Services Managers in New York earns+29.2%above the national average.

BreakdownBased on 40h/week
Hourly

$85.2

Weekly

$3,408

Monthly

$14,769

Medical and Health Services Managers Salary Distribution in New York

Salary progression for Medical and Health Services Managers in New York is strongly tied to experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive leadership experience and specialized skills can expect to earn significantly more, often reaching into the upper percentiles. The widening gap between entry-level and senior-level salaries reflects the increasing value placed on expertise and proven management capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$87,610$42.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$132,923$63.9
ManagerOversees team, compliance, and project delivery.50% (Median)$149,820$72
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$221,538$106.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$265,845$127.8

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$177,230

Gross Pay

Real Wage (Purchasing Power)

$141,671

Adjusted for COL (125.1)

While the nominal average salary of $177,230 appears highly attractive, it's essential to consider New York's Cost of Living Index of 125.1. This means that everyday expenses are approximately 25.1% higher than the national average. Therefore, while the gross salary is substantial, the purchasing power needs careful evaluation against the elevated cost of housing, transportation, and other necessities.

Job Market Context

31,010

Total Jobs

3.25

Per 1K Jobs

0.89

Location Quotient

Below Average

New York has 0.89x the national average concentration of Medical and Health Services Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.89 indicates that Medical and Health Services Managers are present in New York at a rate slightly lower than the national average. This suggests that while the state has a significant number of these professionals, the market is not oversaturated, potentially offering good opportunities for skilled individuals seeking employment or career advancement without facing extreme competition.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in New York?

The median annual salary for a Medical and Health Services Managers in New York is $177,230. This typically ranges from $87,610 for entry-level positions to $265,845 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 29.2% higher than the national median of $137,170.

Is New York a lucrative place for Medical and Health Services Managerss?

Yes, New York is a highly lucrative state for Medical and Health Services Managers.The average salary of $177,230 significantly exceeds the national average, and despite a higher cost of living, the nominal earnings provide substantial financial potential.

Is New York a good place to live for Medical and Health Services Managers?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York?

Some top paying nearby cities include Binghamton, NY ($166,320) and Kingston, NY.

How does New York's salary compare to the national average?

Medical and Health Services Managers in New York earn an average of $177,230 annually, which is considerably higher than the national average of $137,170.

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

New York has a Location Quotient of 0.89 for this role, indicating a job market concentration slightly below the national average, suggesting a balanced demand.

How does the cost of living affect the salary in New York?

With a Cost of Living Index of 125.1, New York is more expensive than the national average. The high salary needs to be weighed against these increased living expenses.

What is the total number of Medical and Health Services Managers in New York?

There are approximately 31,010 Medical and Health Services Managers employed in New York, representing a substantial segment of the healthcare administration workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 31,010 employees in the New York area with a job density of 3.25 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.