SalaryNode

Average Dermatologists Salary in New York

Dermatologists in New York earn an average annual salary of $297,260, which is notably below the national average of $350,320. This disparity is often influenced by a complex interplay of factors, including the state's specific healthcare market dynamics, regulatory environment, and the concentration of specialized medical facilities.

Executive Summary

  • Average Salary: $297,260 per year.
  • Growth Trend: Salaries have shifted 9.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $445,890.
  • Outlook: With a local workforce of 1,400 Dermatologists and a Location Quotient of 2.25, New York exhibits a significant concentration of these professionals compared to the national benchmark. This suggests a robust demand and a well-established market for dermatology services within the state, indicating a healthy job market for experienced practitioners.
2024 Market Data

Salary Overview

$297,260

The average Dermatologists in New York earns-15.1%below the national average.

BreakdownBased on 40h/week
Hourly

$142.9

Weekly

$5,717

Monthly

$24,772

Dermatologists Salary Distribution in New York

Salary progression for Dermatologists in New York typically scales significantly with experience. Entry-level positions might 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 salaries reflects the career advancement and increased earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$91,660$44.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$222,945$107.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$297,274$142.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$371,575$178.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$445,890$214.4

Detailed Dermatologists Market Analysis

Relocation Context

Nominal Salary

$297,260

Gross Pay

Real Wage (Purchasing Power)

$237,618

Adjusted for COL (125.1)

While the nominal salary of $297,260 appears substantial, New York's Cost of Living Index of 125.1 indicates that expenses are approximately 25% higher than the national average. This means that the purchasing power of a Dermatologist's salary in New York is somewhat diminished compared to areas with a lower cost of living, requiring careful financial planning.

Job Market Context

1,400

Total Jobs

0.147

Per 1K Jobs

2.25

Location Quotient

Major Hub

New York has 2.3x the national concentration of Dermatologists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 2.25 for Dermatologists in New York signifies a market that is more than twice as concentrated as the national average. This suggests a highly competitive environment for new entrants but also indicates a strong presence and demand for dermatological services, potentially leading to more specialized opportunities and a mature professional network.

Nearby Job Markets

Hiring Dermatologistss?

Frequently Asked Questions

How much does a Dermatologists make in New York?

The median annual salary for a Dermatologists in New York is $297,260. This typically ranges from $91,660 for entry-level positions to $445,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 15.1% lower than the national median of $350,320.

Is New York a lucrative place for Dermatologists?

Yes, but with caveats.Dermatologists in New York earn a high nominal salary of $297,260, and the state has a high concentration of these professionals. However, the elevated cost of living means the real value of this salary requires careful consideration.

Is New York a good place to live for Dermatologists?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

How does the New York Dermatologist salary compare to the national average?

The average annual salary for Dermatologists in New York is $297,260, which is lower than the national average of $350,320.

What is the concentration of Dermatologists in New York?

New York has a Location Quotient of 2.25 for Dermatologists, indicating a concentration more than double the national average.

How does the cost of living affect a Dermatologist's salary in New York?

With a Cost of Living Index of 125.1, New York is significantly more expensive than the national average, impacting the real value and purchasing power of the $297,260 salary.

What is the size of the Dermatologist workforce in New York?

There are approximately 1,400 Dermatologists employed in New York State.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,400 employees in the New York area with a job density of 0.147 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.