Healthcare Administration Compensation Trends: National, Dallas and Fort Worth 2016 Projections

March 7, 2016
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Healthcare employment and compensation projects to be exceptionally strong in DFW and nationally in 2016.

National

The Bureau of Labor Statistics Occupational Outlook Handbook projects overall healthcare employment to grow 19% from 2014 to 2024. Occupations will add more jobs than any other industry, with about 2.3 million new jobs to be added during this time frame.

The national outlook for medical and health services managers (also called healthcare executives or administrators) is 17% projected growth from 2014-2024.

According to Payscale, administrators earn an average of $63,328 per year with experienced professionals earning $73,000 per year.

Dallas

In Dallas, according to Salarygenius, the average salary for administrators is $91,429. New entries in the field are starting near $75,294, and professionals with experience can potentially earn about $107,563. The average yearly salary range is $73,143 – $109,714 with top earners earning up to $129,076.

Fort Worth

The average salary for healthcare administrators in Fort Worth according to Salarygenius is $76,745. New entries in the field are starting near $63,202, and professionals with experience can potentially earn about $90,288. The average yearly salary range is $61,396 – $92,094 with top earners earning up to $108,346.