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Average Emergency Medicine Physicians Salary in New Jersey

Emergency Medicine Physicians in New Jersey earn an average annual salary of $247,160. This figure is notably lower than the national average of $325,400, suggesting that while demand exists, the compensation may be influenced by a combination of factors unique to the state's healthcare market and cost of living.

Executive Summary

  • Average Salary: $247,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $370,740.
  • Outlook: With a local workforce of 500 Emergency Medicine Physicians, New Jersey presents a moderately concentrated market. The Location Quotient of 0.54 indicates a lower concentration of these professionals compared to the national average, suggesting that while the field is established, there might be opportunities for growth and recruitment.
2024 Market Data

Salary Overview

$247,160

The average Emergency Medicine Physicians in New Jersey earns-24.0%below the national average.

BreakdownBased on 40h/week
Hourly

$118.8

Weekly

$4,753

Monthly

$20,597

Emergency Medicine Physicians Salary Distribution in New Jersey

Salary progression for Emergency Medicine Physicians in New Jersey typically scales significantly with experience. Entry-level physicians can expect to earn at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills command higher salaries. The percentile gaps in earnings clearly signify the career progression and increased earning potential as one advances in their specialization.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$69,350$33.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$185,370$89.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$247,166$118.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$308,950$148.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$370,740$178.2

Detailed Emergency Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$247,160

Gross Pay

Real Wage (Purchasing Power)

$219,893

Adjusted for COL (112.4)

The average annual salary of $247,160 in New Jersey, when considered against a Cost of Living Index of 112.4 (meaning it's 12.4% higher than the national average), suggests that the purchasing power of an Emergency Medicine Physician's salary is somewhat diminished. While the nominal salary is substantial, the higher cost of living in the state requires careful financial planning.

Job Market Context

500

Total Jobs

0.119

Per 1K Jobs

0.54

Location Quotient

Below Average

New Jersey has 0.54x the national average concentration of Emergency Medicine Physicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.54 for Emergency Medicine Physicians in New Jersey indicates that the state has a lower concentration of these professionals relative to the national average. This suggests a less saturated job market, potentially offering more competitive opportunities for physicians seeking employment or career advancement within the state.

Nearby Job Markets

Nearby Cities for Emergency Medicine Physicians

Comparing salaries near New Jersey

Hiring Emergency Medicine Physicianss?

Frequently Asked Questions

How much does a Emergency Medicine Physicians make in New Jersey?

The median annual salary for a Emergency Medicine Physicians in New Jersey is $247,160. This typically ranges from $69,350 for entry-level positions to $370,740 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Jersey is 24.0% lower than the national median of $325,400.

Is New Jersey a lucrative place for Emergency Medicine Physicians?

No, not when compared to the national average.While the average salary of $247,160 is substantial, it falls below the national average of $325,400. Furthermore, the higher cost of living in New Jersey moderates the effective purchasing power of this salary.

Is New Jersey a good place to live for Emergency Medicine Physicians?

The Cost of Living Index in New Jersey is 112.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Jersey?

Some top paying nearby cities include New York-Newark-Jersey City, NY-NJ ($230,620) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.

What is the average salary for an Emergency Medicine Physician in New Jersey?

The average annual salary for an Emergency Medicine Physician in New Jersey is $247,160.

How does New Jersey's salary for Emergency Medicine Physicians compare to the national average?

The average salary in New Jersey ($247,160) is lower than the national average of $325,400.

What is the concentration of Emergency Medicine Physicians in New Jersey?

New Jersey has a Location Quotient of 0.54 for Emergency Medicine Physicians, indicating a lower concentration compared to the national average.

How does the cost of living in New Jersey affect an Emergency Medicine Physician's salary?

With a Cost of Living Index of 112.4, New Jersey is more expensive than the national average, meaning the $247,160 salary has less purchasing power than it would in a lower cost-of-living area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 500 employees in the New Jersey area with a job density of 0.119 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.