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Average Family Medicine Physicians Salary in Bridgeport-Stamford-Danbury, CT

Family Medicine Physicians in the Bridgeport-Stamford-Danbury, CT area earn an average annual salary of $191,640. This figure is notably lower than the national average of $259,840, suggesting that while demand exists, regional economic factors and the specific healthcare landscape influence compensation. The concentration of these roles within the local workforce also plays a part in shaping this pay scale.

Executive Summary

  • Average Salary: $191,640 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $287,460.
  • Outlook: The job market for Family Medicine Physicians in Bridgeport-Stamford-Danbury, CT, appears moderately robust. With a total local workforce of 360 professionals in this field, the concentration, indicated by a Location Quotient of 1.27, suggests a slightly higher presence of these specialists than the national average. This indicates a stable, albeit not overwhelmingly saturated, demand for their services within the region.
2024 Market Data

Salary Overview

$191,640

The average Family Medicine Physicians in Bridgeport-Stamford-Danbury, CT earns-26.2%below the national average.

BreakdownBased on 40h/week
Hourly

$92.1

Weekly

$3,685

Monthly

$15,970

Family Medicine Physicians Salary Distribution in Bridgeport-Stamford-Danbury, CT

Salary progression for Family Medicine Physicians is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, often reaching the higher percentiles. The gap between entry-level and senior salaries reflects the value placed on accumulated knowledge, patient relationships, and leadership capabilities within the medical community.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$84,180$40.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$143,730$69.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$162,310$78
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$239,550$115.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$287,460$138.2

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$191,640

Gross Pay

Real Wage (Purchasing Power)

$191,640

Adjusted for COL (100)

The average annual salary of $191,640 for Family Medicine Physicians in Bridgeport-Stamford-Danbury, CT, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for physicians considering relocation to this area.

Job Market Context

360

Total Jobs

0.891

Per 1K Jobs

1.27

Location Quotient

Above Average

With a location quotient of 1.27, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.

A Location Quotient of 1.27 indicates that Family Medicine Physicians are more concentrated in the Bridgeport-Stamford-Danbury, CT area than the national average. This suggests a competitive market where employers may need to offer attractive compensation and benefits to secure top talent, while also implying a good availability of these specialists for the local population's healthcare needs.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Bridgeport-Stamford-Danbury, CT

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Bridgeport-Stamford-Danbury, CT?

The median annual salary for a Family Medicine Physicians in Bridgeport-Stamford-Danbury, CT is $191,640. This typically ranges from $84,180 for entry-level positions to $287,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Bridgeport-Stamford-Danbury, CT is 26.2% lower than the national median of $259,840.

Is Bridgeport-Stamford-Danbury, CT a lucrative place for Family Medicine Physicians?

Yes, it offers a competitive salary relative to the cost of living.Family Medicine Physicians earn $191,640 annually, which aligns with the national average cost of living. The slightly higher concentration of these professionals suggests a steady demand and competitive market.

Is Bridgeport-Stamford-Danbury, CT a good place to live for Family Medicine Physicians?

The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?

Some top paying nearby cities include New Haven, CT ($282,660) and Hartford-West Hartford-East Hartford, CT.

How does the salary compare to the national average?

The average salary for Family Medicine Physicians in Bridgeport-Stamford-Danbury, CT is $191,640, which is lower than the national average of $259,840.

What is the cost of living in Bridgeport-Stamford-Danbury, CT?

The cost of living in Bridgeport-Stamford-Danbury, CT is indexed at 100, which is exactly the national average.

How concentrated are Family Medicine Physicians in this area?

The Location Quotient for Family Medicine Physicians is 1.27, indicating a slightly higher concentration than the national average.

How many Family Medicine Physicians are there in the local workforce?

There are approximately 360 Family Medicine Physicians in the Bridgeport-Stamford-Danbury, CT local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 0.891 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.