SalaryNode

Average Family Medicine Physicians Salary in Albany-Schenectady-Troy, NY

The average salary for Family Medicine Physicianss in Albany-Schenectady-Troy, NY is $214,860. While this is lower than the national average, the cost of living in Albany-Schenectady-Troy, NY may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $214,860 per year.
  • Growth Trend: Salaries have shifted 3.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $322,290.
  • Outlook: The current demand for Family Medicine Physicianss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Albany-Schenectady-Troy, NY economy.
2024 Market Data

Salary Overview

$214,860

The average Family Medicine Physicians in Albany-Schenectady-Troy, NY earns-17.3%below the national average.

BreakdownBased on 40h/week
Hourly

$103.3

Weekly

$4,132

Monthly

$17,905

Family Medicine Physicians Salary Distribution in Albany-Schenectady-Troy, NY

The earning potential for Family Medicine Physicianss in Albany-Schenectady-Troy, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $72,660, while highly experienced professionals can command wages upwards of $322,290.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$72,660$34.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$161,145$77.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$214,000$102.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$268,575$129.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$322,290$154.9

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$214,860

Gross Pay

Real Wage (Purchasing Power)

$214,860

Adjusted for COL (100)

In Albany-Schenectady-Troy, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $214,860 to $214,860.

Job Market Context

190

Total Jobs

0.437

Per 1K Jobs

0.62

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.62x the national average concentration of Family Medicine Physicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

190 people work as Family Medicine Physicians in Albany-Schenectady-Troy, NY.

Only 0.437 out of every 1,000 local jobs are Family Medicine Physicians roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Albany-Schenectady-Troy, NY?

The median annual salary for a Family Medicine Physicians in Albany-Schenectady-Troy, NY is $214,860. This typically ranges from $72,660 for entry-level positions to $322,290 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany-Schenectady-Troy, NY is 17.3% lower than the national median of $259,840.

Is Albany-Schenectady-Troy, NY a good place for Family Medicine Physicianss?

It depends on your priorities. While the average Family Medicine Physicians salary in Albany-Schenectady-Troy, NY is $214,860 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Albany-Schenectady-Troy, NY. See distinct detailed breakdown below.

Is Albany-Schenectady-Troy, NY a good place to live for Family Medicine Physicians?

The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albany-Schenectady-Troy, NY?

Some top paying nearby cities include Kingston, NY ($148,670) and Southwest New York nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Albany-Schenectady-Troy, NY area with a job density of 0.437 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.