As of July 01, 2026, the average salary for a Health Value Analyst in Michigan is $84,148 per year, which breaks down to an hourly rate of $40.
However, a Health Value Analyst's salary can vary significantly. Here’s a look at the typical salary range:
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Health Value Analyst Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $91,869 | $7,656 | $1,767 | $44 |
| Average | $84,148 | $7,012 | $1,618 | $40 |
| 25th Percentile | $79,309 | $6,609 | $1,525 | $38 |
Sparrow Foundation - Lansing, MI
Reliable Aftermarket Parts, Inc. - Webberville, MI
Marsh & McLennan - Livonia, MI
Henry Ford Health System - Troy, MI
A Health Value Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Health Value Analyst's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Health Value Analyst | $82,559 |
| Intermediate Level Health Value Analyst | $82,704 |
| Senior Level Health Value Analyst | $83,281 |
| Specialist Level Health Value Analyst | $86,453 |
| Expert Level Health Value Analyst | $88,181 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Health Value Analysts. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Health Value Analyst salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $89,372. While startup companies pay approximate $76,120.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $76,120 |
| Growth Stage | 51~500 | $80,363 |
| Established | 501~5000 | $86,454 |
| Enterprise | 5000+ | $89,372 |
For Health Value Analyst roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Healthcare, offers compensation 20% above the average. Conversely, Health Value Analyst positions in Edu., Government & Nonprofit typically offer lower base pay, as this sector often view Health Value Analyst as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $100,978 | $49.0 | 20% |
Understanding how a Health Value Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $91,869 | $7,656 | $1,767 | $44 |
| Average | $84,148 | $7,012 | $1,618 | $40 |
| 25th Percentile | $79,309 | $6,609 | $1,525 | $38 |
For a Health Value Analyst, the most direct path to higher earnings is advancing to the Clinical Outcomes Analyst IV role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $141,439 - a projected growth of 68% over your current level.
Ready to take the next step in your career? Browse thousands of current Health Value Analyst job openings on our job board. Use the search bar below to find your perfect match.
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