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Average Family Medicine Physicians Salary in Binghamton, NY

The average salary for Family Medicine Physicianss in Binghamton, NY is $177,230. While this is lower than the national average, the cost of living in Binghamton, NY may offset the difference, preserving real purchasing power. Notably, Binghamton, NY is a key hub for this profession, with a job concentration 1.34x higher than average.

Executive Summary

  • Average Salary: $177,230 per year.
  • Growth Trend: Salaries have shifted 10.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $265,845.
  • Outlook: The current demand for Family Medicine Physicianss is stable, with a local workforce of approximately 90 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
2024 Market Data

Salary Overview

$177,230

The average Family Medicine Physicians in Binghamton, NY earns-31.8%below the national average.

BreakdownBased on 40h/week
Hourly

$85.2

Weekly

$3,408

Monthly

$14,769

Family Medicine Physicians Salary Distribution in Binghamton, NY

The earning potential for Family Medicine Physicianss in Binghamton, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $66,350, while highly experienced professionals can command wages upwards of $265,845.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$66,350$31.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$132,923$63.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$171,040$82.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$221,538$106.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$265,845$127.8

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$177,230

Gross Pay

Real Wage (Purchasing Power)

$177,230

Adjusted for COL (100)

In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $177,230 to $177,230.

Job Market Context

90

Total Jobs

0.94

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Binghamton, NY has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.

90 people work as Family Medicine Physicians in Binghamton, NY.

Only 0.94 out of every 1,000 local jobs are Family Medicine Physicians roles — this is a niche profession in the area.

Nearby Job Markets

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Binghamton, NY?

The median annual salary for a Family Medicine Physicians in Binghamton, NY is $177,230. This typically ranges from $66,350 for entry-level positions to $265,845 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 31.8% lower than the national median of $259,840.

Is Binghamton, NY a good place for Family Medicine Physicianss?

Yes, Binghamton, NY is highly recommended due to strong job demand. While salaries are competitive ($177,230), the area is particularly notable for its high job density for Family Medicine Physicianss. See distinct detailed breakdown below.

Is Binghamton, NY a good place to live for Family Medicine Physicians?

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

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Elmira, NY ($225,860) 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 90 employees in the Binghamton, NY area with a job density of 0.94 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.