Vermont’s long been heralded for its quality of, and access, to healthcare, which is made possible, in part, by the work of healthcare administrators, who enjoy strong salaries and job growth in the coming years.
Healthcare administrators in Vermont are valued for ensuring that the state’s healthcare system functions effectively and efficiently, and their salaries reflect their importance. These administrators of healthcare earn a median salary of $103,030 in Vermont – that’s about $3,000 more than the national average. And future job projections show a steady, 15.5% increase in the number of healthcare administrators between 2016 and 2026.
Factors Influencing the Demand for Vermont Healthcare Administrators
Vermont is ranked as the fifth healthiest state in the U.S., second in the nation for its women and children’s care, and eighth in the nation for senior health. According to Think Vermont, part of the Department of Economic Development, the Green Mountain State is also ranked first the nation for its overall health system performance, with factors like healthcare access, quality, health outcomes, and healthcare equity considered in this ranking.
Healthcare administrators often work out of Vermont’s 14 nonprofit hospitals, 8 small critical access hospitals, 5 mid-size rural hospitals, 2 academic medical centers, a VA hospital, and 5 psychiatric inpatient facilities. Healthcare is vital to the economy here, employing about 51,000 workers, which equates to 9% of the state’s total workforce.
Where Vermont Healthcare Administrators Earn the Most, by Metro Area
The Burlington metro area’s median salary of $86,810 falls below the state average by about $13,000. This metro area, however, is in line with the median salaries in Vermont’s nonmetro areas.
- 25th percentile: $67,580
- Median: $86,810
- 75th percentile: $120,510
- 90th percentile: $170,920
The U.S. Bureau of Labor Statistics provides a further breakdown of salary ranges for healthcare administrators in Vermont here:
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_vt.htm#11-0000.
BLS salarydata 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 Vermont Department of Labor 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 July 2019.