Growth Trends for Related Jobs
The U.S. Bureau of Labor Statistics categorizes residential care administrators as medical and health services managers, who run nursing homes, clinics and other health-care facilities. Residential care managers oversee all the operations of long-term residences for the elderly and disabled, including nursing homes and assisted-living facilities. They direct and supervise nursing staffs, plan budgets and ensure all residences receive the proper care. If you want to become a residential care manager, plan on getting a bachelor's degree. In return, you can expect to earn an average salary slightly below $100,000.
The average annual salary of a residential care administrator was $98,460 as of May 2012, according to the U.S. Bureau of Labor Statistics. The top 10 percent made more than $150,560 annually. To become a residential care administrator, you need at least a bachelor's degree in health services, long-term care administration, public administration, public health or business administration. Other essential traits include compassion, empathy, attention to detail and analytic, communication, technical and problem-solving skills. Technical skills include knowing various medical conditions and terminologies.
New York Pays Highest Salary
Residential care administrators' salaries were highest in New York at $114,550 per year, according to 2012 BLS data. In California or Connecticut, you would earn $113,810 or $111,680, respectively, as a residential care administrator. If you worked in Texas, Pennsylvania or Ohio, you'd earn an average of $94,640, $91,720 or $90,430, respectively. Residential care administrators earn $77,940 annually in Iowa -- the lowest among U.S. states.
Earn More Than Assisted Living Facilty Administrators
While residential care managers earned $98,460, the BLS reported average salaries of $82,240 for heath services managers who worked in nursing homes in 2012. By comparison, those who worked in the home health-care services industry made $88,670 per year, the BLS reported. The BLS does not report salaries for assisted living facility administrators, although job site Indeed reports they earned $77,000 in 2013.
Excellent Job Growth
The BLS predicts a 22 percent increase in employment for medical and health services managers from 2010 to 2020, faster than the 14 percent national average for all occupations. An aging baby boom population will increase the need for medical services and long-term living facilities and spur new jobs for residential care administrators.
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook: What Medical and Health Services Managers Do
- U.S. Bureau of Labor Statistics: Occupational Outlook Handbook: How to Become a Medical and Health Services Manager
- U.S. Bureau of Labor Statistics: Medical and Health Services Managers: Job Outlook
- U.S. Bureau of Labor Statistics: Occupational Employment Statistics: Medical and Health Services Managers
- ONET Online: Summary Report for: Medical and Health Services Managers
- U.S. Bureau of Labor Statistics: Occupational Employment Statistics: Property, Real Estate, and Community Association Managers
- Indeed: Assisted Living Administrator Salary
- BananaStock/BananaStock/Getty Images