Average Medical and Health Services Managers Salary in Reading, PA
Medical and Health Services Managers in Reading, PA, earn an average annual salary of $123,870. This figure is slightly below the national average of $137,170, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Reading healthcare landscape. While not reaching the national benchmark, this salary offers a competitive income within the local context.
Executive Summary
- Average Salary: $123,870 per year.
- Growth Trend: Salaries have shifted 5.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $191,470.
- Outlook: The Reading, PA market for Medical and Health Services Managers is stable, with a total local workforce of 600 professionals. A Location Quotient of 0.95 indicates a concentration very close to the national average, suggesting a steady demand for these roles that aligns with national trends. With 3.5 jobs per 1,000 workers, the market demonstrates consistent opportunities for skilled managers within the healthcare sector.
Salary Overview
The average Medical and Health Services Managers in Reading, PA earns-9.7%below the national average.
$59.6
$2,382
$10,323
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for Reading, PA 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. Economic shifts, increasing healthcare complexities, and a growing demand for efficient healthcare administration typically drive upward salary adjustments in this vital sector.
Medical and Health Services Managers Salary Distribution in Reading, PA
Career progression for Medical and Health Services Managers in Reading, PA, significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior-level salaries signifies clear opportunities for career advancement and increased compensation through accumulated expertise and leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $74,880 | $36 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $92,903 | $44.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $101,890 | $49 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $154,838 | $74.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $191,470 | $92.1 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$123,870
Gross Pay
Real Wage (Purchasing Power)
$123,870
Adjusted for COL (100)
For professionals considering a move to Reading, PA, the nominal salary of $123,870 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of the average salary in Reading is equivalent to the national average, providing a stable financial foundation for residents without the added pressure of a higher cost of living.
Job Market Context
600
Total Jobs
3.5
Per 1K Jobs
0.95
Location Quotient
Reading, PA has 0.95x 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 0.95, the job market for Medical and Health Services Managers in Reading, PA, is nearly on par with the national average in terms of concentration. This suggests a balanced market where opportunities exist without being overly saturated or exceptionally scarce. It indicates a healthy demand that closely mirrors the national employment landscape for these essential healthcare administrators.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Lebanon, PA Medical and Health Services Managers Salary | $117,260↓ 5% | 26 mi |
| Lancaster, PA Medical and Health Services Managers Salary | $115,860↓ 6% | 29 mi |
| Allentown-Bethlehem-Easton, PA-NJ Medical and Health Services Managers Salary | $121,900↓ 2% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Medical and Health Services Managers Salary | $135,550↑ 9% | 48 mi |
| York-Hanover, PA Medical and Health Services Managers Salary | $114,110↓ 8% | 50 mi |
Comparing salaries near Reading, PA
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Reading, PA?
The median annual salary for a Medical and Health Services Managers in Reading, PA is $123,870. This typically ranges from $74,880 for entry-level positions to $191,470 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Reading, PA is 9.7% lower than the national median of $137,170.
Is Reading, PA a lucrative place for Medical and Health Services Managers?
Yes, Reading, PA offers a competitive salary for Medical and Health Services Managers.The average salary of $123,870 is substantial, and with a cost of living index at the national average, it provides strong purchasing power. The market concentration is also very close to the national average, indicating steady demand.
Is Reading, PA a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Reading, PA?
Some top paying nearby cities include Lebanon, PA ($117,260) and Lancaster, PA.
How does the Reading, PA salary compare to the national average?
The average annual salary for Medical and Health Services Managers in Reading, PA is $123,870, which is slightly lower than the national average of $137,170.
What is the concentration of Medical and Health Services Managers in Reading, PA?
The concentration, measured by the Location Quotient, is 0.95, indicating that the presence of these professionals in Reading is very close to the national average.
How does the cost of living in Reading, PA affect the salary?
The cost of living in Reading, PA is at the national average (100), meaning the $123,870 salary offers purchasing power equivalent to the national average.
What does 'Jobs per 1,000 Workers' signify for this role in Reading, PA?
The figure of 3.5 jobs per 1,000 workers suggests a consistent level of employment opportunities for Medical and Health Services Managers within the local workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Reading, PA area with a job density of 3.5 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 Reading, PA