Average Medical and Health Services Managers Salary in Raleigh-Cary, NC
Medical and Health Services Managers in Raleigh-Cary, NC, command an impressive average annual salary of $147,240, significantly exceeding the national average of $137,170. This elevated compensation reflects the region's specific economic drivers and the demand for skilled professionals to navigate the complexities of healthcare administration within the local market.
Executive Summary
- Average Salary: $147,240 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $220,860.
- Outlook: With a local workforce of 2,150 Medical and Health Services Managers, Raleigh-Cary demonstrates a substantial presence in this field. The Location Quotient of 0.81 suggests a concentration slightly below the national average, indicating a stable yet potentially growing demand for these specialized roles within the area's healthcare infrastructure.
Salary Overview
The average Medical and Health Services Managers in Raleigh-Cary, NC earns+7.3%above the national average.
$70.8
$2,832
$12,270
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 Raleigh-Cary have experienced consistent growth over the past four years, mirroring national trends. This upward trajectory is driven by increasing healthcare needs, evolving regulatory landscapes, and the continuous demand for efficient healthcare management.
Medical and Health Services Managers Salary Distribution in Raleigh-Cary, NC
Salary progression for Medical and Health Services Managers is strongly tied to experience. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive leadership experience can command salaries in the upper percentiles, often exceeding $170,000. These percentile gaps clearly signify the career advancement and increased responsibility associated with senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $69,730 | $33.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $110,430 | $53.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $111,120 | $53.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $184,050 | $88.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $220,860 | $106.2 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$147,240
Gross Pay
Real Wage (Purchasing Power)
$147,240
Adjusted for COL (100)
The average annual salary of $147,240 in Raleigh-Cary, NC, 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 area is equivalent to the national standard, offering a stable financial foundation for residents.
Job Market Context
2,150
Total Jobs
2.966
Per 1K Jobs
0.81
Location Quotient
Raleigh-Cary, NC has 0.81x 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 0.81 indicates that Medical and Health Services Managers are slightly less concentrated in Raleigh-Cary compared to the national average. This suggests that while the market is robust with 2.966 jobs per 1,000 workers, there may be opportunities for skilled professionals to enter and establish themselves without facing extreme competition.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Durham-Chapel Hill, NC Medical and Health Services Managers Salary | $153,840↑ 4% | 18 mi |
| Rocky Mount, NC Medical and Health Services Managers Salary | $109,550↓ 26% | 48 mi |
| Goldsboro, NC Medical and Health Services Managers Salary | $131,930↓ 10% | 49 mi |
| Burlington, NC Medical and Health Services Managers Salary | $121,660↓ 17% | 49 mi |
| Fayetteville, NC Medical and Health Services Managers Salary | $127,840↓ 13% | 55 mi |
Comparing salaries near Raleigh-Cary, NC
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Raleigh-Cary, NC?
The median annual salary for a Medical and Health Services Managers in Raleigh-Cary, NC is $147,240. This typically ranges from $69,730 for entry-level positions to $220,860 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Raleigh-Cary, NC is 7.3% higher than the national median of $137,170.
Is Raleigh-Cary, NC 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 $147,240 significantly surpasses the national average, and the cost of living is on par with the national index, offering strong purchasing power.
Is Raleigh-Cary, NC a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Raleigh-Cary, NC?
Some top paying nearby cities include Durham-Chapel Hill, NC ($153,840) and Rocky Mount, NC.
How does the Raleigh-Cary salary compare to the national average?
The average annual salary for Medical and Health Services Managers in Raleigh-Cary, NC, is $147,240, which is notably higher than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in Raleigh-Cary?
The Location Quotient for this role in Raleigh-Cary is 0.81, indicating a slightly lower concentration compared to the national average.
Does the cost of living affect the value of the salary?
No, the cost of living in Raleigh-Cary is exactly at the national average (100), meaning the $147,240 salary offers purchasing power equivalent to the national median.
How many Medical and Health Services Managers work in Raleigh-Cary?
There are approximately 2,150 Medical and Health Services Managers employed in the Raleigh-Cary, NC area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,150 employees in the Raleigh-Cary, NC area with a job density of 2.966 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 Raleigh-Cary, NC