Medical and Health Services Managers in South Central Kentucky nonmetropolitan area earn an average annual salary of $107,520. This figure is notably below the national average of $137,170, reflecting regional economic factors and potentially a different demand-supply dynamic for these specialized roles outside major metropolitan hubs.
Executive Summary
- Average Salary: $107,520 per year.
- Growth Trend: Salaries have shifted 21.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $155,810.
- Outlook: The local workforce for Medical and Health Services Managers comprises 710 professionals, indicating a stable, albeit not expansive, employment base. With a Location Quotient of 1.12, the concentration of these roles in South Central Kentucky is slightly higher than the national average, suggesting a consistent, steady demand for skilled management within the region's healthcare infrastructure.
Salary Overview
The average Medical and Health Services Managers in South Central Kentucky nonmetropolitan area earns-21.6%below the national average.
$51.7
$2,068
$8,960
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is reasonable to assume a general trend of salary growth for Medical and Health Services Managers over the past four years, mirroring national patterns. Economic recovery, increased healthcare needs, and evolving administrative complexities likely contribute to a gradual upward trajectory in compensation for these essential roles.
Medical and Health Services Managers Salary Distribution in South Central Kentucky nonmetropolitan area
Career progression significantly impacts earnings for Medical and Health Services Managers. Entry-level positions typically command salaries at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can achieve compensation well into the upper percentiles. The widening gap between entry-level and senior salaries signifies robust opportunities for career advancement and increased earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $56,320 | $27.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $80,640 | $38.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $94,660 | $45.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $134,400 | $64.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $155,810 | $74.9 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$107,520
Gross Pay
Real Wage (Purchasing Power)
$107,520
Adjusted for COL (100)
The nominal average salary of $107,520 in South Central Kentucky aligns perfectly with the national average Cost of Living Index of 100. This means that while the salary is lower than the national average, the purchasing power of that salary is equivalent to the national average, making the region's compensation competitive on a real-terms basis.
Job Market Context
710
Total Jobs
4.115
Per 1K Jobs
1.12
Location Quotient
With a location quotient of 1.12, South Central Kentucky nonmetropolitan area has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
A Location Quotient of 1.12 indicates that Medical and Health Services Managers are slightly more concentrated in South Central Kentucky than the national average. This suggests a healthy, slightly above-average demand for these professionals relative to the general workforce, implying a competitive but accessible job market for qualified individuals.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Medical and Health Services Managers Salary | $125,280↑ 17% | 28 mi |
| Elizabethtown, KY Medical and Health Services Managers Salary | $109,370↑ 2% | 66 mi |
| Louisville/Jefferson County, KY-IN Medical and Health Services Managers Salary | $126,400↑ 18% | 72 mi |
| Cincinnati, OH-KY-IN Medical and Health Services Managers Salary | $121,200↑ 13% | 100 mi |
Comparing salaries near South Central Kentucky nonmetropolitan area
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in South Central Kentucky nonmetropolitan area?
The median annual salary for a Medical and Health Services Managers in South Central Kentucky nonmetropolitan area is $107,520. This typically ranges from $56,320 for entry-level positions to $155,810 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Central Kentucky nonmetropolitan area is 21.6% lower than the national median of $137,170.
Is South Central Kentucky nonmetropolitan area a lucrative place for Medical and Health Services Managers?
No, not compared to the national average.While the average salary of $107,520 is substantial, it falls short of the national average of $137,170. However, the cost of living being at the national average means the salary's purchasing power is equivalent.
Is South Central Kentucky nonmetropolitan area a good place to live for Medical and Health Services Managers?
The Cost of Living Index in South Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($125,280) and Elizabethtown, KY.
How does the local workforce size affect job prospects?
A local workforce of 710 professionals indicates a moderate-sized market. While not as large as metropolitan areas, it suggests a stable demand for Medical and Health Services Managers within the region's healthcare system.
What does a Location Quotient of 1.12 mean for this role?
A Location Quotient of 1.12 signifies that this profession is slightly more prevalent in South Central Kentucky compared to the national average. This suggests a slightly higher concentration of job opportunities relative to the overall job market.
How does the cost of living impact the $107,520 salary?
With a Cost of Living Index of 100, the $107,520 salary offers purchasing power equivalent to the national average. This means the lower nominal salary is offset by more affordable living expenses compared to higher-cost national regions.
Are there many job openings for Medical and Health Services Managers in this area?
The data suggests a steady demand, with 4.115 jobs per 1,000 workers. While not indicative of rapid growth, it points to consistent employment opportunities for qualified managers in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the South Central Kentucky nonmetropolitan area area with a job density of 4.115 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Medical and Health Services Managers Salaries by State
Top Jobs in South Central Kentucky nonmetropolitan area
- All Occupations Salary in South Central Kentucky nonmetropolitan area
- Production Occupations Salary in South Central Kentucky nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Central Kentucky nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Central Kentucky nonmetropolitan area
- Sales and Related Occupations Salary in South Central Kentucky nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Central Kentucky nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Central Kentucky nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Central Kentucky nonmetropolitan area
- Management Occupations Salary in South Central Kentucky nonmetropolitan area
- Healthcare Support Occupations Salary in South Central Kentucky nonmetropolitan area
- Browse All Jobs in South Central Kentucky nonmetropolitan area →
Semantic Salary Analysis for Medical and Health Services Managers • Data source: BLS OEWS 2024 •Jobs in South Central Kentucky nonmetropolitan area