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Average Medical and Health Services Managers Salary in South Arkansas nonmetropolitan area

Medical and Health Services Managers in the South Arkansas nonmetropolitan area earn an average annual salary of $88,500. This figure is notably lower than the national average of $137,170, reflecting regional economic factors and potentially a different demand-supply dynamic for these specialized roles. The cost of living in this area aligns perfectly with the national average, suggesting that while nominal wages are lower, purchasing power may be relatively stable.

Executive Summary

  • Average Salary: $88,500 per year.
  • Growth Trend: Salaries have shifted 14.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,310.
  • Outlook: The job market for Medical and Health Services Managers in South Arkansas, with a total local workforce of 520, indicates a stable presence. The jobs per 1,000 workers figure of 4.38 suggests consistent, albeit not explosive, demand for these professionals within the region's healthcare infrastructure. While the workforce size is modest, the concentration suggests a dedicated segment of the local economy focused on healthcare administration.
2024 Market Data

Salary Overview

$88,500

The average Medical and Health Services Managers in South Arkansas nonmetropolitan area earns-35.5%below the national average.

BreakdownBased on 40h/week
Hourly

$42.6

Weekly

$1,702

Monthly

$7,375

Medical and Health Services Managers Salary Distribution in South Arkansas nonmetropolitan area

Career progression for Medical and Health Services Managers typically involves a significant salary increase with experience. Entry-level positions will likely command salaries at the lower end of the spectrum, while senior roles, requiring extensive leadership and strategic planning expertise, can command substantially higher compensation. The percentile gaps in salary distributions, though not detailed here, are indicative of the substantial earning potential as one advances through various levels of management and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$47,720$22.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$66,375$31.9
ManagerOversees team, compliance, and project delivery.50% (Median)$82,480$39.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$110,625$53.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,310$58.8

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$88,500

Gross Pay

Real Wage (Purchasing Power)

$88,500

Adjusted for COL (100)

The average annual salary of $88,500 in South Arkansas nonmetropolitan area is directly comparable to the national average cost of living index of 100. This means that the nominal salary earned by a Medical and Health Services Manager in this region offers a purchasing power equivalent to the national average. While the salary is lower than the national average, the balanced cost of living suggests that the effective financial standing of these professionals is in line with their national counterparts.

Job Market Context

520

Total Jobs

4.38

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, South Arkansas nonmetropolitan area has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.

With a Location Quotient of 1.19, the South Arkansas nonmetropolitan area shows a slightly higher concentration of Medical and Health Services Managers compared to the national average. This suggests that the demand for these roles is relatively robust within the local healthcare sector, potentially indicating a competitive environment for skilled professionals. However, the overall workforce size needs to be considered to gauge the true intensity of this competition.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

Comparing salaries near South Arkansas nonmetropolitan area

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in South Arkansas nonmetropolitan area?

The median annual salary for a Medical and Health Services Managers in South Arkansas nonmetropolitan area is $88,500. This typically ranges from $47,720 for entry-level positions to $122,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Arkansas nonmetropolitan area is 35.5% lower than the national median of $137,170.

Is South Arkansas nonmetropolitan area a lucrative place for Medical and Health Services Managers?

No, not compared to the national average.While the average salary of $88,500 is stable with the national cost of living, it significantly trails the national average salary of $137,170 for Medical and Health Services Managers.

Is South Arkansas nonmetropolitan area a good place to live for Medical and Health Services Managers?

The Cost of Living Index in South Arkansas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near South Arkansas nonmetropolitan area?

Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($105,000) and Hot Springs, AR.

How does the South Arkansas salary compare to the national average?

The average annual salary for Medical and Health Services Managers in South Arkansas is $88,500, which is considerably lower than the national average of $137,170.

What is the cost of living in South Arkansas nonmetropolitan area?

The cost of living index in the South Arkansas nonmetropolitan area is 100, which is exactly the national average.

Is there high demand for Medical and Health Services Managers in this region?

The Location Quotient of 1.19 suggests a slightly higher concentration of these roles than the national average, indicating a steady demand within the local healthcare system.

How many Medical and Health Services Managers work in South Arkansas?

There are approximately 520 Medical and Health Services Managers employed in the South Arkansas nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 520 employees in the South Arkansas nonmetropolitan area area with a job density of 4.38 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.