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Average Medical and Health Services Managers Salary in Southwest Maine nonmetropolitan area

In the Southwest Maine nonmetropolitan area, Medical and Health Services Managers earn an average annual salary of $125,800. This figure is notably below the national average of $137,170, suggesting that regional economic factors and demand dynamics play a significant role in compensation within this specific locale.

Executive Summary

  • Average Salary: $125,800 per year.
  • Growth Trend: Salaries have shifted 27.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $190,690.
  • Outlook: The job market for Medical and Health Services Managers in Southwest Maine appears stable, with a local workforce of 490 professionals. The Location Quotient of 0.95 indicates a concentration of these roles that is nearly on par with the national average, suggesting a consistent, albeit not exceptionally high, demand for these specialized skills within the region.
2024 Market Data

Salary Overview

$125,800

The average Medical and Health Services Managers in Southwest Maine nonmetropolitan area earns-8.3%below the national average.

BreakdownBased on 40h/week
Hourly

$60.5

Weekly

$2,419

Monthly

$10,483

Medical and Health Services Managers Salary Distribution in Southwest Maine nonmetropolitan area

Career progression for Medical and Health Services Managers typically involves a significant salary increase with experience. Entry-level positions will command lower salaries, while senior roles, requiring extensive experience and leadership capabilities, will push earnings towards the higher percentiles, reflecting the value of accumulated expertise and strategic oversight.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$63,400$30.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$94,350$45.4
ManagerOversees team, compliance, and project delivery.50% (Median)$108,240$52
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$157,250$75.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$190,690$91.7

Detailed Medical and Health Services Managers Market Analysis

Relocation Context

Nominal Salary

$125,800

Gross Pay

Real Wage (Purchasing Power)

$125,800

Adjusted for COL (100)

The average annual salary of $125,800 in Southwest Maine aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Medical and Health Services Manager's salary in this region is equivalent to the national average, offering a balanced financial landscape for residents.

Job Market Context

490

Total Jobs

3.481

Per 1K Jobs

0.95

Location Quotient

Below Average

Southwest Maine nonmetropolitan area 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 Southwest Maine nonmetropolitan area exhibits a job market for Medical and Health Services Managers that is closely aligned with national employment patterns. This suggests a healthy, competitive environment where the number of available positions is proportionate to the number of qualified professionals, without significant oversupply or undersupply.

Nearby Job Markets

Nearby Cities for Medical and Health Services Managers

Comparing salaries near Southwest Maine nonmetropolitan area

Hiring Medical and Health Services Managerss?

Frequently Asked Questions

How much does a Medical and Health Services Managers make in Southwest Maine nonmetropolitan area?

The median annual salary for a Medical and Health Services Managers in Southwest Maine nonmetropolitan area is $125,800. This typically ranges from $63,400 for entry-level positions to $190,690 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Maine nonmetropolitan area is 8.3% lower than the national median of $137,170.

Is Southwest Maine nonmetropolitan area a lucrative place for Medical and Health Services Managerss?

Moderately lucrative, but below the national average.While the average salary of $125,800 is substantial, it falls short of the national average. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Southwest Maine nonmetropolitan area a good place to live for Medical and Health Services Managers?

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

Where are the highest paying cities near Southwest Maine nonmetropolitan area?

Some top paying nearby cities include Bangor, ME ($126,170) and Lewiston-Auburn, ME.

How does the Southwest Maine salary compare to the national average?

The average annual salary for Medical and Health Services Managers in Southwest Maine is $125,800, which is approximately $11,370 less than the national average of $137,170.

What is the concentration of Medical and Health Services Managers in Southwest Maine?

The Location Quotient of 0.95 indicates that the concentration of Medical and Health Services Managers in Southwest Maine is slightly below the national average, suggesting a similar level of industry presence.

How does the cost of living in Southwest Maine affect salary perception?

With a Cost of Living Index of 100, Southwest Maine is at the national average. This means the $125,800 salary offers purchasing power equivalent to the national average, making it a fair compensation relative to expenses.

What does the total local workforce number signify?

A total local workforce of 490 Medical and Health Services Managers suggests a moderately sized professional community within the Southwest Maine nonmetropolitan area, indicating a stable demand for these roles.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Southwest Maine nonmetropolitan area area with a job density of 3.481 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.