Average Family Medicine Physicians Salary in Alaska
Family Medicine Physicians in Alaska earn an impressive average annual salary of $286,990, significantly exceeding the national average of $259,840. This elevated compensation is largely driven by Alaska's unique geographic challenges, including its remote locations and higher operational costs for healthcare providers, necessitating a premium to attract and retain skilled medical professionals.
Executive Summary
- Average Salary: $286,990 per year.
- Growth Trend: Salaries have shifted 8.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $430,485.
- Outlook: With a local workforce of 650 Family Medicine Physicians and a Location Quotient of 2.9, Alaska demonstrates a strong concentration of these professionals relative to the national average. This indicates a robust demand and a specialized market for their services, suggesting a stable and potentially growing job market for those in this field within the state.
Salary Overview
The average Family Medicine Physicians in Alaska earns+10.4%above the national average.
$138
$5,519
$23,916
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the demand for Family Medicine Physicians in Alaska has seen consistent growth over the past four years, mirroring national trends. This sustained demand, coupled with the state's unique healthcare needs, likely translates to a steady upward trend in average salaries, reflecting increased compensation to attract and retain talent in this vital profession.
Family Medicine Physicians Salary Distribution in Alaska
Salary progression for Family Medicine Physicians in Alaska typically scales significantly with experience. Entry-level positions may start at a lower percentile, but as physicians gain years of practice and specialized skills, their earning potential climbs into the higher percentiles. The widening gap between entry-level and senior physician salaries clearly signifies substantial career progression and increased earning capacity over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $115,640 | $55.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $215,243 | $103.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $286,998 | $138 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $358,738 | $172.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $430,485 | $207 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$286,990
Gross Pay
Real Wage (Purchasing Power)
$226,690
Adjusted for COL (126.6)
While the nominal average salary of $286,990 appears substantial, it must be considered against Alaska's Cost of Living Index of 126.6, which is 26.6% higher than the national average. This means that while the take-home pay is high, the purchasing power of that salary is somewhat diminished by the increased expenses associated with living in the state, requiring careful financial planning.
Job Market Context
650
Total Jobs
2.029
Per 1K Jobs
2.9
Location Quotient
Alaska has 2.9x the national concentration of Family Medicine Physicians 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 2.9 for Family Medicine Physicians in Alaska signifies a market that is nearly three times more concentrated than the national average. This suggests a high demand for these specialists relative to the general workforce, indicating a competitive landscape for employers seeking to fill positions, and a favorable market for physicians looking for opportunities.
Nearby Job Markets
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Alaska?
The median annual salary for a Family Medicine Physicians in Alaska is $286,990. This typically ranges from $115,640 for entry-level positions to $430,485 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alaska is 10.4% higher than the national median of $259,840.
Is Alaska a lucrative place for Family Medicine Physicianss?
Yes, Alaska is a highly lucrative location for Family Medicine Physicians.The average salary of $286,990 significantly surpasses the national average, and the high concentration of physicians (LQ 2.9) indicates strong demand that drives competitive compensation.
Is Alaska a good place to live for Family Medicine Physicians?
The Cost of Living Index in Alaska is 126.6. While higher than average, this often correlates with higher wages.
How does the cost of living in Alaska affect a Family Medicine Physician's salary?
Alaska's Cost of Living Index is 126.6, meaning expenses are higher than the national average. While the $286,990 salary is high, the increased cost of goods and services in Alaska will reduce the real purchasing power of that income compared to a lower-cost state.
What does a Location Quotient of 2.9 mean for Family Medicine Physicians in Alaska?
A Location Quotient of 2.9 indicates that Family Medicine Physicians are nearly three times more concentrated in Alaska than in the average U.S. state. This suggests a higher demand for their services relative to the overall job market.
How many Family Medicine Physicians work in Alaska?
There are approximately 650 Family Medicine Physicians employed within Alaska, representing a specialized segment of the state's healthcare workforce.
Are there many job opportunities for Family Medicine Physicians in Alaska?
With a high Location Quotient (2.9) and a significant number of jobs per 1,000 workers (2.029), the market suggests a robust demand and good availability of opportunities for Family Medicine Physicians in Alaska.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 650 employees in the Alaska area with a job density of 2.029 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Alaska