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Average Family Medicine Physicians Salary in Central Missouri nonmetropolitan area

Family Medicine Physicians in the Central Missouri nonmetropolitan area are earning a substantial average annual salary of $322,870. This figure significantly surpasses the national average of $259,840, indicating a strong demand and potentially higher reimbursement rates in this region. The unique healthcare needs and physician distribution in nonmetropolitan areas often drive such elevated compensation.

Executive Summary

  • Average Salary: $322,870 per year.
  • Growth Trend: Salaries have shifted 37.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $484,305.
  • Outlook: The local job market for Family Medicine Physicians in this Central Missouri nonmetropolitan area appears robust, characterized by a total local workforce of 260 professionals. With a Location Quotient of 2.43, indicating a concentration more than double the national average, there is a clear and sustained demand for these specialists, suggesting a stable and potentially growing job market.
2024 Market Data

Salary Overview

$322,870

The average Family Medicine Physicians in Central Missouri nonmetropolitan area earns+24.3%above the national average.

BreakdownBased on 40h/week
Hourly

$155.2

Weekly

$6,209

Monthly

$26,906

Family Medicine Physicians Salary Distribution in Central Missouri nonmetropolitan area

Salary progression for Family Medicine Physicians typically scales with experience. Entry-level positions may start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The significant gaps between salary percentiles reflect the career advancement opportunities and the value placed on accumulated expertise and patient relationships.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$176,270$84.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$242,153$116.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$322,878$155.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$403,588$194
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$484,305$232.8

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$322,870

Gross Pay

Real Wage (Purchasing Power)

$322,870

Adjusted for COL (100)

The nominal average annual salary of $322,870 in Central Missouri's nonmetropolitan area is particularly attractive given the local Cost of Living Index is exactly at the national average of 100. This means that the purchasing power of a Family Medicine Physician's salary in this region is equivalent to the national average, allowing for a comfortable standard of living without the added expense often associated with higher-paying areas.

Job Market Context

260

Total Jobs

1.702

Per 1K Jobs

2.43

Location Quotient

Major Hub

Central Missouri nonmetropolitan area has 2.4x 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.

A Location Quotient of 2.43 signifies a highly concentrated market for Family Medicine Physicians in this Central Missouri nonmetropolitan area, suggesting that this region has a significantly higher proportion of these professionals compared to the national average. This indicates a strong demand relative to the available workforce, making it a competitive but potentially rewarding market for physicians.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Central Missouri nonmetropolitan area

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Central Missouri nonmetropolitan area?

The median annual salary for a Family Medicine Physicians in Central Missouri nonmetropolitan area is $322,870. This typically ranges from $176,270 for entry-level positions to $484,305 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Central Missouri nonmetropolitan area is 24.3% higher than the national median of $259,840.

Is Central Missouri nonmetropolitan area a lucrative place for Family Medicine Physicians?

Yes, it is a highly lucrative area for Family Medicine Physicians.Family Medicine Physicians earn significantly above the national average here, with a substantial salary of $322,870. Coupled with a national average cost of living, this offers excellent earning potential and purchasing power.

Is Central Missouri nonmetropolitan area a good place to live for Family Medicine Physicians?

The Cost of Living Index in Central Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Central Missouri nonmetropolitan area?

Some top paying nearby cities include Jefferson City, MO ($253,350) and Columbia, MO.

How does the salary compare to the national average?

The average annual salary for Family Medicine Physicians in this Central Missouri nonmetropolitan area is $322,870, which is considerably higher than the national average of $259,840.

What is the concentration of Family Medicine Physicians in this area?

The Location Quotient for Family Medicine Physicians is 2.43, meaning the concentration of these professionals is more than double the national average, indicating high demand.

How does the cost of living affect the salary?

The Cost of Living Index is 100, which is the national average. This means the higher salary of $322,870 provides strong purchasing power in this region.

What does the total local workforce number imply?

With a total local workforce of 260 Family Medicine Physicians, the market size is moderate, but the high Location Quotient suggests a strong need for these professionals within that workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Central Missouri nonmetropolitan area area with a job density of 1.702 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.