Average Family Medicine Physicians Salary in Baltimore-Columbia-Towson, MD
Family Medicine Physicians in the Baltimore-Columbia-Towson, MD area earn an impressive average annual salary of $274,430. This figure notably surpasses the national average of $259,840, indicating a strong demand and potentially higher reimbursement rates within this metropolitan region. Local economic factors and healthcare needs contribute to this elevated compensation.
Executive Summary
- Average Salary: $274,430 per year.
- Growth Trend: Salaries have shifted 33.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $411,645.
- Outlook: The job market for Family Medicine Physicians in Baltimore-Columbia-Towson, MD, appears stable with a local workforce of 630 professionals. The Location Quotient of 0.68 suggests a slightly lower concentration of these physicians compared to the national average, implying a steady demand that aligns with the number of available practitioners.
Salary Overview
The average Family Medicine Physicians in Baltimore-Columbia-Towson, MD earns+5.6%above the national average.
$131.9
$5,278
$22,869
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Family Medicine Physicians in the Baltimore-Columbia-Towson, MD area has seen consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, inflation, and evolving physician compensation models likely contribute to this upward trajectory.
Family Medicine Physicians Salary Distribution in Baltimore-Columbia-Towson, MD
Salary progression for Family Medicine Physicians in Baltimore-Columbia-Towson, MD, typically scales significantly with experience. Entry-level physicians can expect compensation towards the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills command salaries at the higher percentiles. These percentile gaps clearly signify robust career progression opportunities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $131,990 | $63.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $205,823 | $99 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $274,435 | $131.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $343,038 | $164.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $411,645 | $197.9 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$274,430
Gross Pay
Real Wage (Purchasing Power)
$274,430
Adjusted for COL (100)
The average annual salary of $274,430 in Baltimore-Columbia-Towson, MD, is particularly attractive given the local Cost of Living Index of 100, which is precisely at the national average. This means that physicians relocating to this area can expect their nominal earnings to translate directly into purchasing power comparable to the national standard, without the immediate pressure of higher living expenses.
Job Market Context
630
Total Jobs
0.473
Per 1K Jobs
0.68
Location Quotient
Baltimore-Columbia-Towson, MD has 0.68x 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.
With a Location Quotient of 0.68, the Baltimore-Columbia-Towson, MD market is less concentrated with Family Medicine Physicians than the national average. This suggests that while the area is adequately served, there may be opportunities for new physicians to establish practices or join existing ones, potentially facing less direct competition than in more saturated markets.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Family Medicine Physicians Salary | $278,370↑ 1% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Family Medicine Physicians Salary | $226,110↓ 18% | 35 mi |
| York-Hanover, PA Family Medicine Physicians Salary | $247,060↓ 10% | 47 mi |
| Lancaster, PA Family Medicine Physicians Salary | $242,780↓ 12% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Family Medicine Physicians in Baltimore-Columbia-Towson, MD is $274,430. This typically ranges from $131,990 for entry-level positions to $411,645 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 5.6% higher than the national median of $259,840.
Is Baltimore-Columbia-Towson, MD a lucrative place for Family Medicine Physicianss?
Yes, Baltimore-Columbia-Towson, MD is a lucrative area for Family Medicine Physicians.The average salary of $274,430 significantly exceeds the national average, and the cost of living is on par with the national index, making it a financially advantageous location.
Is Baltimore-Columbia-Towson, MD a good place to live for Family Medicine Physicians?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($278,370) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Baltimore-Columbia-Towson, MD salary compare to the national average?
Family Medicine Physicians in Baltimore-Columbia-Towson, MD earn an average of $274,430 annually, which is approximately $14,590 higher than the national average of $259,840.
What is the significance of the Location Quotient (LQ) for Family Medicine Physicians in this area?
An LQ of 0.68 indicates that Family Medicine Physicians are less concentrated in Baltimore-Columbia-Towson, MD, compared to the national average. This may suggest a healthy demand relative to the supply of physicians.
Does the cost of living affect the purchasing power of a Family Medicine Physician's salary in Baltimore-Columbia-Towson, MD?
No, the cost of living in Baltimore-Columbia-Towson, MD is exactly at the national average (100). Therefore, the higher-than-average salary translates directly into strong purchasing power for physicians in this region.
How many Family Medicine Physicians are employed in the Baltimore-Columbia-Towson, MD area?
There are approximately 630 Family Medicine Physicians working within the Baltimore-Columbia-Towson, MD metropolitan area, representing 0.473 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Baltimore-Columbia-Towson, MD area with a job density of 0.473 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 Baltimore-Columbia-Towson, MD