Average Medical Equipment Preparers Salary in Memphis, TN-MS-AR
Medical Equipment Preparers in the Memphis, TN-MS-AR area earn an average annual salary of $45,770. This figure is slightly below the national average of $48,990, indicating localized economic factors and demand influence compensation within this specific metropolitan region. The pay differential reflects the unique supply and demand dynamics for this specialized role in the Memphis area.
Executive Summary
- Average Salary: $45,770 per year.
- Growth Trend: Salaries have shifted 21.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $55,740.
- Outlook: With a local workforce of 240 Medical Equipment Preparers and a Location Quotient of 0.8, the Memphis market shows a slightly lower concentration compared to the national average. This suggests a stable, albeit not exceptionally concentrated, demand for these professionals within the region. The job market appears robust enough to sustain the current workforce, with opportunities likely tied to the growth of healthcare facilities in the area.
Salary Overview
The average Medical Equipment Preparers in Memphis, TN-MS-AR earns-6.6%below the national average.
$22
$880
$3,814
Medical Equipment Preparers Salary Trends (2020-2024)
While specific historical data for Medical Equipment Preparer salary trends in Memphis is not provided, it is reasonable to assume a general upward trend in compensation over the past four years, mirroring national patterns. Economic growth, inflation, and increasing demand for healthcare services typically drive salary increases for specialized roles like Medical Equipment Preparers.
Medical Equipment Preparers Salary Distribution in Memphis, TN-MS-AR
Career progression for Medical Equipment Preparers typically involves a salary increase with experience. Entry-level positions may start at a lower percentile of the salary range, while senior or lead roles command higher earnings. The percentile gaps in salary distribution signify the tangible rewards of gaining expertise, taking on more responsibility, and mastering the intricacies of equipment preparation and maintenance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $32,120 | $15.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $34,328 | $16.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $45,100 | $21.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $57,213 | $27.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $55,740 | $26.8 |
Detailed Medical Equipment Preparers Market Analysis
Relocation Context
Nominal Salary
$45,770
Gross Pay
Real Wage (Purchasing Power)
$45,770
Adjusted for COL (100)
The average annual salary of $45,770 in Memphis, TN-MS-AR aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Medical Equipment Preparer's salary in Memphis is equivalent to the national average, making it a stable financial environment for professionals in this role.
Job Market Context
240
Total Jobs
0.379
Per 1K Jobs
0.8
Location Quotient
Memphis, TN-MS-AR has 0.80x the national average concentration of Medical Equipment Preparers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
A Location Quotient of 0.8 for Medical Equipment Preparers in Memphis, TN-MS-AR indicates that the concentration of these jobs is slightly below the national average. This suggests that while the profession is present and necessary, it is not a disproportionately dominant field within the local job market compared to other areas nationwide. The market is neither oversaturated nor exceptionally scarce, presenting a balanced environment for employment.
Nearby Job Markets
Nearby Cities for Medical Equipment Preparers
| City | Salary | Dist. |
|---|---|---|
| Jackson, TN Medical Equipment Preparers Salary | $38,930↓ 15% | 74 mi |
Comparing salaries near Memphis, TN-MS-AR
Hiring Medical Equipment Preparerss?
Frequently Asked Questions
How much does a Medical Equipment Preparers make in Memphis, TN-MS-AR?
The median annual salary for a Medical Equipment Preparers in Memphis, TN-MS-AR is $45,770. This typically ranges from $32,120 for entry-level positions to $55,740 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Memphis, TN-MS-AR is 6.6% lower than the national median of $48,990.
Is Memphis, TN-MS-AR a lucrative place for Medical Equipment Preparerss?
No, but it offers stable compensation.The average salary of $45,770 is slightly below the national average, and the concentration of jobs is also lower. However, the cost of living matches the national average, providing stable purchasing power.
Is Memphis, TN-MS-AR a good place to live for Medical Equipment Preparers?
The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Memphis, TN-MS-AR?
Some top paying nearby cities include Jackson, TN ($38,930) and others.
How does the Memphis salary compare to the national average?
The average annual salary for Medical Equipment Preparers in Memphis, TN-MS-AR is $45,770, which is slightly lower than the national average of $48,990.
What is the cost of living like for Medical Equipment Preparers in Memphis?
The cost of living in Memphis, TN-MS-AR is exactly at the national average (100), meaning your salary of $45,770 has the same purchasing power as the national average salary.
Is there high demand for Medical Equipment Preparers in Memphis?
The Location Quotient of 0.8 suggests that the demand is slightly below the national average concentration, indicating a stable but not exceptionally high demand for these professionals.
What does a Location Quotient of 0.8 mean for job seekers?
A Location Quotient of 0.8 signifies that Medical Equipment Preparers are less concentrated in Memphis compared to the national average, implying a moderately competitive job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Memphis, TN-MS-AR area with a job density of 0.379 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Medical Equipment Preparers Salaries by State
Top Jobs in Memphis, TN-MS-AR
- All Occupations Salary in Memphis, TN-MS-AR
- Transportation and Material Moving Occupations Salary in Memphis, TN-MS-AR
- Office and Administrative Support Occupations Salary in Memphis, TN-MS-AR
- Food Preparation and Serving Related Occupations Salary in Memphis, TN-MS-AR
- Sales and Related Occupations Salary in Memphis, TN-MS-AR
- Healthcare Practitioners and Technical Occupations Salary in Memphis, TN-MS-AR
- Laborers and Freight, Stock, and Material Movers, Hand Salary in Memphis, TN-MS-AR
- Management Occupations Salary in Memphis, TN-MS-AR
- Production Occupations Salary in Memphis, TN-MS-AR
- Business and Financial Operations Occupations Salary in Memphis, TN-MS-AR
- Browse All Jobs in Memphis, TN-MS-AR →
Semantic Salary Analysis for Medical Equipment Preparers • Data source: BLS OEWS 2024 •Jobs in Memphis, TN-MS-AR