2018 data from the Bureau of Labor Statistics shows that the median annual wage for Indiana healthcare administrators is $90,410, with those in the top ten percent earning $156,630.
Those are good numbers in a state that the Missouri Economic Research and Information Center found to have the third lowest cost of living in the Midwest. It’s also well-earned, with Indiana University highlighting the difficulty of providing pain management and behavioral health services in a state with one of the highest mortality rates from drug overdoses.
They are also numbers that are likely to continue to go up. According to the Health Cost Institute, Indiana saw an increase of 16 percent in healthcare spending between 2013 and 2017, amounting to a little over $6,000 per person in healthcare costs annually. As that number climbs, so do healthcare administrator salaries.
Expected Job Growth for Indiana’s Healthcare Administration Professionals
According to the Indiana Business Review, health care and social services are the largest sector for employment in the Indianapolis metro area, expanding by 4.4 percent in 2018. And where there are a lot of workers, there’s a great need for managers.
The state’s Department of Workforce Development foresees a 21.9 percent increase in healthcare administration positions over the decade between 2016 and 2026, with 860 positions opening each year across the state. That’s a combination of new job openings and turnover in existing positions.
Salaries for Indiana’s Healthcare Administrators by Location
Although Indianapolis has the highest median salary and the greatest number of administrators employed, those in the top ten percent of the profession might be better off in Lafayette, where the $174,770 annual salary at the 90th percentile is the best out of all the top urban centers in the state.
- 25th percentile: $77,500
- Median: $99,390
- 75th percentile: $127,310
- 90th percentile: $168,590
- 25th percentile: $70,250
- Median: $89,550
- 75th percentile: $122,680
- 90th percentile: $158,150
- 25th percentile: $68,620
- Median: $85,200
- 75th percentile: $102,540
- 90th percentile: $133,610
- 25th percentile: $66,120
- Median: $91,170
- 75th percentile: $125,360
- 90th percentile: $174,770
Although South Bend has the third highest employment level among Indiana urban areas, BLS has not released an estimates for the region. Salary and employment data for other urban and non urban areas can be found below, however:
Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2018. Figures represent accumulated data for all areas of employment for medical and health services managers – https://www.bls.gov/oes/current/oes_in.htm#11-9111.
BLS salary data represents state and MSA (Metropolitan Statistical Area) average and median earnings for the occupations listed and includes workers at all levels of education and experience. This data does not represent starting salaries. Employment conditions in your area may vary.
Job growth projections sourced from the Indiana Department of Workforce Development and published in the U.S. Department of Labor-funded Long Term Occupational Projections (2016-2026) database – https://projectionscentral.com/Projections/LongTerm.
All salary and job growth data accessed in June 2019.