Average Dermatologists Salary in Maryland
Dermatologists in Maryland command an impressive average annual salary of $459,870, substantially exceeding the national average of $350,320. This elevated compensation reflects a combination of high demand for specialized dermatological services and the state's economic landscape. Factors such as the concentration of healthcare facilities and the overall economic strength of Maryland contribute to this lucrative earning potential for the profession.
Executive Summary
- Average Salary: $459,870 per year.
- Growth Trend: Salaries have shifted 47.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $689,805.
- Outlook: With a total local workforce of 250 Dermatologists, Maryland presents a focused yet significant market for these specialists. The Location Quotient of 1.39 indicates a higher concentration of Dermatologists in Maryland compared to the national average, suggesting robust demand and a well-established presence for the profession within the state's healthcare ecosystem. This concentration points to a healthy job market with ongoing opportunities for skilled professionals.
Salary Overview
The average Dermatologists in Maryland earns+31.3%above the national average.
$221.1
$8,844
$38,323
Dermatologists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the trend for Dermatologist salaries in Maryland over the past four years has mirrored national trends, likely experiencing consistent growth. Factors such as increasing healthcare needs, advancements in dermatological treatments, and inflation would typically drive an upward trajectory in compensation for these highly skilled medical professionals.
Dermatologists Salary Distribution in Maryland
Salary progression for Dermatologists in Maryland typically scales significantly with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The widening gap between entry-level and senior-level salaries signifies a clear career progression path and the increasing value placed on expertise and years of practice in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $215,970 | $103.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $344,903 | $165.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $459,867 | $221.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $574,838 | $276.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $689,805 | $331.6 |
Detailed Dermatologists Market Analysis
Relocation Context
Nominal Salary
$459,870
Gross Pay
Real Wage (Purchasing Power)
$367,602
Adjusted for COL (125.1)
The average annual salary of $459,870 in Maryland offers a strong nominal income. However, with a Cost of Living Index of 125.1, which is 25.1% higher than the national average, the purchasing power of this salary needs careful consideration. While the high salary provides a substantial buffer, residents should anticipate higher expenses for housing, goods, and services compared to more affordable regions.
Job Market Context
250
Total Jobs
0.091
Per 1K Jobs
1.39
Location Quotient
With a location quotient of 1.39, Maryland has a slightly higher-than-average concentration of Dermatologists roles compared to the national norm.
Maryland's Location Quotient of 1.39 for Dermatologists signifies a market where this profession is more concentrated than the national average. This suggests a competitive environment, but also indicates a strong demand and a well-developed infrastructure supporting dermatological practices. For professionals, this concentration can mean more opportunities within a specialized network, but also a need to stand out in a field with a notable presence.
Nearby Job Markets
Nearby Cities for Dermatologists
| City | Salary | Dist. |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV Dermatologists Salary | $469,370↑ 2% | 17 mi |
Comparing salaries near Maryland
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Frequently Asked Questions
How much does a Dermatologists make in Maryland?
The median annual salary for a Dermatologists in Maryland is $459,870. This typically ranges from $215,970 for entry-level positions to $689,805 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Maryland is 31.3% higher than the national median of $350,320.
Is Maryland a lucrative place for Dermatologists?
Yes, Maryland is a highly lucrative state for Dermatologists.The average annual salary of $459,870 significantly surpasses the national average, indicating strong earning potential. Coupled with a higher concentration of professionals, this suggests robust demand and compensation for their specialized skills.
Is Maryland a good place to live for Dermatologists?
The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Maryland?
Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($469,370) and others.
How does Maryland's dermatologist salary compare to the national average?
Dermatologists in Maryland earn an average of $459,870 annually, which is substantially higher than the national average of $350,320.
What is the concentration of Dermatologists in Maryland?
Maryland has a Location Quotient of 1.39 for Dermatologists, indicating that the profession is more concentrated there than the national average.
How does the cost of living in Maryland affect a Dermatologist's salary?
Maryland's Cost of Living Index is 125.1, meaning it is 25.1% more expensive than the national average. While the high salary compensates for this, it's important to factor in increased living expenses.
What does the total workforce number of 250 Dermatologists imply?
A local workforce of 250 Dermatologists suggests a substantial and established market for these specialists within Maryland, indicating consistent demand for their services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Maryland area with a job density of 0.091 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Dermatologists • Data source: BLS OEWS 2024 •Jobs in Maryland