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Average Medical and Health Services Managers Salary in Southern Vermont nonmetropolitan area

Medical and Health Services Managers in Southern Vermont's nonmetropolitan area earn an impressive average annual salary of $147,020. This figure notably surpasses the national average of $137,170, suggesting that the unique demands and potentially specialized needs of healthcare administration in this region command a premium. The localized economic factors and the specific healthcare infrastructure within Southern Vermont likely contribute to this elevated compensation.

Executive Summary

  • Average Salary: $147,020 per year.
  • Growth Trend: Salaries have shifted 24.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $216,740.
  • Outlook: The job market for Medical and Health Services Managers in Southern Vermont's nonmetropolitan area, while not exceptionally concentrated with a Location Quotient of 0.85, demonstrates a stable presence with 3.118 jobs per 1,000 workers. The total local workforce of 260 indicates a niche but established demand for these professionals, suggesting a consistent need for skilled management within the region's healthcare facilities.
2024 Market Data

Salary Overview

$147,020

The average Medical and Health Services Managers in Southern Vermont nonmetropolitan area earns+7.2%above the national average.

BreakdownBased on 40h/week
Hourly

$70.7

Weekly

$2,827

Monthly

$12,252

Medical and Health Services Managers Salary Distribution in Southern Vermont nonmetropolitan area

Career progression for Medical and Health Services Managers 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 upper percentiles. The gap between entry-level and senior-level salaries signifies substantial opportunities for career advancement and increased compensation within this field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$81,850$39.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$110,265$53
ManagerOversees team, compliance, and project delivery.50% (Median)$130,120$62.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$183,775$88.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$216,740$104.2

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$147,020

Gross Pay

Real Wage (Purchasing Power)

$147,020

Adjusted for COL (100)

The average annual salary of $147,020 in Southern Vermont's nonmetropolitan area aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of a manager's salary in this region is equivalent to the national average, offering a stable financial environment without the added burden of higher living expenses.

Job Market Context

260

Total Jobs

3.118

Per 1K Jobs

0.85

Location Quotient

Below Average

Southern Vermont nonmetropolitan area has 0.85x 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 0.85, the market for Medical and Health Services Managers in Southern Vermont's nonmetropolitan area is slightly less concentrated than the national average. This suggests that while there is a steady demand, the competition might be less intense compared to more densely populated or metropolitan regions, potentially offering a favorable environment for job seekers.

Nearby Job Markets

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Southern Vermont nonmetropolitan area?

The median annual salary for a Medical and Health Services Managers in Southern Vermont nonmetropolitan area is $147,020. This typically ranges from $81,850 for entry-level positions to $216,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southern Vermont nonmetropolitan area is 7.2% higher than the national median of $137,170.

Is Southern Vermont nonmetropolitan area a lucrative place for Medical and Health Services Managerss?

Yes, it is a lucrative place for Medical and Health Services Managers.The average salary of $147,020 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is Southern Vermont nonmetropolitan area a good place to live for Medical and Health Services Managers?

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

Where are the highest paying cities near Southern Vermont nonmetropolitan area?

Some top paying nearby cities include Burlington-South Burlington, VT ($164,060) and Glens Falls, NY.

How does the salary compare to the national average?

Medical and Health Services Managers in Southern Vermont's nonmetropolitan area earn an average of $147,020 annually, which is higher than the national average of $137,170.

What is the concentration of this job in Southern Vermont compared to the nation?

The Location Quotient of 0.85 indicates that this job is slightly less concentrated in Southern Vermont's nonmetropolitan area compared to the national average.

How does the cost of living affect the salary?

The Cost of Living Index is 100, meaning it matches the national average. Therefore, the $147,020 salary offers purchasing power equivalent to the national average.

What does the total local workforce number signify?

A total local workforce of 260 for this role suggests a defined, albeit not massive, market for Medical and Health Services 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 260 employees in the Southern Vermont nonmetropolitan area area with a job density of 3.118 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.