Average Medical and Health Services Managers Salary in Palm Bay-Melbourne-Titusville, FL
In the Palm Bay-Melbourne-Titusville, FL area, Medical and Health Services Managers earn an average annual salary of $130,350. This figure is slightly below the national average of $137,170, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the Florida healthcare market. The total local workforce of 830 professionals contributes to this unique pay landscape.
Executive Summary
- Average Salary: $130,350 per year.
- Growth Trend: Salaries have shifted 18.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $195,525.
- Outlook: The job market for Medical and Health Services Managers in Palm Bay-Melbourne-Titusville, FL, appears stable with a local workforce of 830 individuals. A Location Quotient of 0.94 suggests that the concentration of these roles is nearly on par with the national average, indicating a consistent, albeit not exceptionally high, demand for these professionals within the region.
Salary Overview
The average Medical and Health Services Managers in Palm Bay-Melbourne-Titusville, FL earns-5.0%below the national average.
$62.7
$2,507
$10,863
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for the Palm Bay-Melbourne-Titusville area is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare complexity, an aging population, and advancements in medical technology typically drive up demand and compensation for skilled management professionals in this sector.
Medical and Health Services Managers Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Career progression for Medical and Health Services Managers significantly impacts earning potential. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience, specialized skills, and proven leadership capabilities can expect to earn substantially more. The percentile gaps in salary distribution reflect this scaling, with senior roles occupying the higher end of the pay spectrum, rewarding accumulated expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $68,490 | $32.9 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $97,763 | $47 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,260 | $48.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $162,938 | $78.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $195,525 | $94 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$130,350
Gross Pay
Real Wage (Purchasing Power)
$130,350
Adjusted for COL (100)
The average annual salary of $130,350 for Medical and Health Services Managers in Palm Bay-Melbourne-Titusville, FL, aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the salary is directly comparable to the national average, suggesting that the nominal income translates to a standard of living equivalent to the rest of the country.
Job Market Context
830
Total Jobs
3.433
Per 1K Jobs
0.94
Location Quotient
Palm Bay-Melbourne-Titusville, FL has 0.94x 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.
With a Location Quotient of 0.94, the Palm Bay-Melbourne-Titusville, FL market for Medical and Health Services Managers is closely aligned with the national average in terms of job concentration. This indicates a balanced job market where opportunities are present but not overwhelmingly abundant compared to the rest of the country, suggesting a competitive but accessible environment for qualified candidates.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Sebastian-Vero Beach-West Vero Corridor, FL Medical and Health Services Managers Salary | $114,280↓ 12% | 17 mi |
| Port St. Lucie, FL Medical and Health Services Managers Salary | $112,500↓ 14% | 50 mi |
| Sebring, FL Medical and Health Services Managers Salary | $110,280↓ 15% | 59 mi |
| Orlando-Kissimmee-Sanford, FL Medical and Health Services Managers Salary | $123,380↓ 5% | 59 mi |
| North Florida nonmetropolitan area Medical and Health Services Managers Salary | $111,860↓ 14% | 64 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Medical and Health Services Managers in Palm Bay-Melbourne-Titusville, FL is $130,350. This typically ranges from $68,490 for entry-level positions to $195,525 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 5.0% lower than the national median of $137,170.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Medical and Health Services Managerss?
Moderately. While the salary is slightly below the national average, the cost of living is also at the national average, offering comparable purchasing power.The average salary of $130,350 is slightly lower than the national benchmark, but with a Cost of Living Index of 100, the real value of the income is maintained.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Sebastian-Vero Beach-West Vero Corridor, FL ($114,280) and Port St. Lucie, FL.
How does the local salary compare to the national average?
Medical and Health Services Managers in Palm Bay-Melbourne-Titusville, FL, earn an average of $130,350 annually, which is approximately 5% less than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in this area?
The concentration, measured by the Location Quotient, is 0.94, indicating that these roles are present in Palm Bay-Melbourne-Titusville at a rate very close to the national average.
How does the cost of living affect the salary?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL, is 100, which is the national average. This means the $130,350 salary offers a purchasing power equivalent to the national average.
What is the total number of Medical and Health Services Managers in the area?
There are approximately 830 Medical and Health Services Managers working in the Palm Bay-Melbourne-Titusville, FL 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 830 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 3.433 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 Palm Bay-Melbourne-Titusville, FL