Average Medical and Health Services Managers Salary in Springfield, MA
Medical and Health Services Managers in Springfield, MA, earn an impressive average annual salary of $140,220, surpassing the national average of $137,170. This elevated compensation reflects the specialized demand and the critical role these professionals play within the local healthcare infrastructure.
Executive Summary
- Average Salary: $140,220 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $210,330.
- Outlook: With a local workforce of 1,000 Medical and Health Services Managers, Springfield, MA, demonstrates a robust job market for this profession. The location quotient of 1.38 indicates a higher concentration of these roles compared to the national average, suggesting strong and sustained demand for experienced professionals in the area.
Salary Overview
The average Medical and Health Services Managers in Springfield, MA earns+2.2%above the national average.
$67.4
$2,697
$11,685
Medical and Health Services Managers Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Medical and Health Services Managers in Springfield, MA, have experienced steady growth over the past four years, mirroring national trends of increasing healthcare administration costs and demand for skilled leadership.
Medical and Health Services Managers Salary Distribution in Springfield, MA
The career trajectory for Medical and Health Services Managers in Springfield, MA, typically involves significant salary increases with experience. Entry-level positions may start at a lower percentile, but seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles, reflecting their value and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $77,080 | $37.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $105,165 | $50.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $107,740 | $51.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $175,275 | $84.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $210,330 | $101.1 |
Detailed Medical and Health Services Managers Market Analysis
Relocation Context
Nominal Salary
$140,220
Gross Pay
Real Wage (Purchasing Power)
$140,220
Adjusted for COL (100)
The average annual salary of $140,220 in Springfield, MA, is highly competitive, especially considering the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a Medical and Health Services Manager's salary in Springfield is equivalent to the national average, offering strong financial stability.
Job Market Context
1,000
Total Jobs
5.047
Per 1K Jobs
1.38
Location Quotient
With a location quotient of 1.38, Springfield, MA has a slightly higher-than-average concentration of Medical and Health Services Managers roles compared to the national norm.
Springfield, MA, exhibits a notable concentration of Medical and Health Services Managers, as evidenced by a location quotient of 1.38. This suggests that the job market is more specialized and potentially more competitive than the national landscape, with employers actively seeking individuals with expertise in healthcare management.
Nearby Job Markets
Nearby Cities for Medical and Health Services Managers
| City | Salary | Dist. |
|---|---|---|
| Amherst Town-Northampton, MA Medical and Health Services Managers Salary | $134,220↓ 4% | 18 mi |
| Hartford-West Hartford-East Hartford, CT Medical and Health Services Managers Salary | $139,430↓ 1% | 25 mi |
| Connecticut nonmetropolitan area Medical and Health Services Managers Salary | $127,270↓ 9% | 37 mi |
| Worcester, MA Medical and Health Services Managers Salary | $140,940↑ 1% | 39 mi |
| Pittsfield, MA Medical and Health Services Managers Salary | $143,740↑ 3% | 44 mi |
Comparing salaries near Springfield, MA
Hiring Medical and Health Services Managerss?
Frequently Asked Questions
How much does a Medical and Health Services Managers make in Springfield, MA?
The median annual salary for a Medical and Health Services Managers in Springfield, MA is $140,220. This typically ranges from $77,080 for entry-level positions to $210,330 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MA is 2.2% higher than the national median of $137,170.
Is Springfield, MA a lucrative place for Medical and Health Services Managerss?
Yes, Springfield, MA offers a lucrative environment for Medical and Health Services Managers.The average salary of $140,220 significantly exceeds the national average, and the cost of living is on par with the national index, providing excellent earning potential.
Is Springfield, MA a good place to live for Medical and Health Services Managers?
The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MA?
Some top paying nearby cities include Amherst Town-Northampton, MA ($134,220) and Hartford-West Hartford-East Hartford, CT.
How does the number of Medical and Health Services Managers in Springfield compare nationally?
Springfield, MA has 5.047 Medical and Health Services Managers per 1,000 workers, indicating a higher concentration than the national average.
What is the significance of the Location Quotient for this role in Springfield?
A location quotient of 1.38 signifies that Medical and Health Services Managers are 38% more concentrated in Springfield, MA, than the national average, pointing to strong local demand.
Does the cost of living affect the value of a Medical and Health Services Manager's salary in Springfield?
No, the cost of living in Springfield is exactly at the national average (100), meaning the $140,220 salary has the same purchasing power as it would nationally.
How many Medical and Health Services Managers are employed in Springfield, MA?
There are approximately 1,000 Medical and Health Services Managers employed in Springfield, MA, contributing to a substantial local workforce in this sector.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,000 employees in the Springfield, MA area with a job density of 5.047 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 Springfield, MA