Average Medical and Health Services Managers Salary in New York-Newark-Jersey City, NY-NJ
Medical and Health Services Managers in the New York-Newark-Jersey City, NY-NJ metropolitan area command an impressive average annual salary of $183,580. This figure significantly surpasses the national average of $137,170, indicating a strong demand and higher compensation structure within this key economic hub. The concentration of healthcare facilities and the complex administrative needs of a large, diverse population likely drive this elevated pay scale.
Executive Summary
- Average Salary: $183,580 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $275,370.
- Outlook: With a substantial local workforce of 33,540 Medical and Health Services Managers, the New York-Newark-Jersey City region demonstrates a significant presence in this field. The Location Quotient of 0.98 suggests that the concentration of these professionals is nearly on par with the national average, implying a robust and stable job market that can absorb a considerable number of skilled individuals.
Salary Overview
The average Medical and Health Services Managers in New York-Newark-Jersey City, NY-NJ earns+33.8%above the national average.
$88.3
$3,530
$15,298
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in a major metropolitan area like New York-Newark-Jersey City have experienced consistent growth over the past four years. Factors such as increasing healthcare demands, administrative complexities, and inflation typically contribute to upward salary trends in such dynamic markets.
Medical and Health Services Managers Salary Distribution in New York-Newark-Jersey City, NY-NJ
Career progression for Medical and Health Services Managers typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise, manage larger teams, and take on more complex responsibilities, their earning potential escalates considerably. The widening gap between lower and higher salary percentiles clearly signifies the substantial rewards associated with career advancement and specialization in this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $95,990 | $46.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $137,685 | $66.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $157,910 | $75.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $229,475 | $110.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $275,370 | $132.4 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$183,580
Gross Pay
Real Wage (Purchasing Power)
$183,580
Adjusted for COL (100)
The average annual salary of $183,580 in New York-Newark-Jersey City aligns perfectly with the national Cost of Living Index of 100. This means that while the nominal salary is substantially higher than the national average, the purchasing power of that salary is effectively equivalent to the national average when considering the local cost of goods and services. Therefore, the higher salary is largely offset by the comparable cost of living.
Job Market Context
33,540
Total Jobs
3.582
Per 1K Jobs
0.98
Location Quotient
New York-Newark-Jersey City, NY-NJ has 0.98x 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 0.98 indicates that the New York-Newark-Jersey City area has a concentration of Medical and Health Services Managers that is very close to the national average. This suggests a competitive yet balanced job market where opportunities are readily available, but professionals may not face an overwhelming surplus or scarcity of peers. The market is neither exceptionally saturated nor unusually sparse, presenting a stable environment for employment.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Medical and Health Services Managers Salary | $166,650↓ 9% | 44 mi |
| Trenton-Princeton, NJ Medical and Health Services Managers Salary | $173,860↓ 5% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Medical and Health Services Managers Salary | $163,760↓ 11% | 54 mi |
| New Haven, CT Medical and Health Services Managers Salary | $143,640↓ 22% | 70 mi |
| Waterbury-Shelton, CT Medical and Health Services Managers Salary | $123,760↓ 33% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Medical and Health Services Managers in New York-Newark-Jersey City, NY-NJ is $183,580. This typically ranges from $95,990 for entry-level positions to $275,370 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 33.8% higher than the national median of $137,170.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Medical and Health Services Managers?
Yes, it is a lucrative place for Medical and Health Services Managers.The average salary of $183,580 is significantly higher than the national average, indicating strong earning potential. While the cost of living is at the national average, the substantial nominal salary still offers considerable financial advantages.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Medical and Health Services Managers?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($166,650) and Trenton-Princeton, NJ.
How does the salary compare to the national average?
The average salary for Medical and Health Services Managers in New York-Newark-Jersey City is $183,580, which is substantially higher than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in this area?
The Location Quotient is 0.98, meaning the concentration of these professionals is nearly identical to the national average, indicating a stable and balanced job market.
Does the high salary translate to higher purchasing power?
While the nominal salary is high, the Cost of Living Index is 100 (national average), meaning the purchasing power of the salary is comparable to the national average.
How many Medical and Health Services Managers work in this region?
There are 33,540 Medical and Health Services Managers employed in the New York-Newark-Jersey City 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 33,540 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 3.582 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 New York-Newark-Jersey City, NY-NJ