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Average Family Medicine Physicians Salary in Cincinnati, OH-KY-IN

Family Medicine Physicians in the Cincinnati, OH-KY-IN area earn an average annual salary of $245,690. This figure is slightly below the national average of $259,840, suggesting that while demand exists, regional economic factors or a slightly larger supply of physicians may influence compensation levels compared to the broader U.S. market.

Executive Summary

  • Average Salary: $245,690 per year.
  • Growth Trend: Salaries have shifted 26.6% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $368,535.
  • Outlook: With a local workforce of 390 Family Medicine Physicians and a Location Quotient of 0.51, the Cincinnati area exhibits a concentration of these professionals that is below the national average. This indicates a potentially less saturated market relative to the rest of the country, suggesting stable demand for skilled physicians in the region.
2024 Market Data

Salary Overview

$245,690

The average Family Medicine Physicians in Cincinnati, OH-KY-IN earns-5.4%below the national average.

BreakdownBased on 40h/week
Hourly

$118.1

Weekly

$4,725

Monthly

$20,474

Family Medicine Physicians Salary Distribution in Cincinnati, OH-KY-IN

Salary progression for Family Medicine Physicians in Cincinnati typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. These percentile gaps highlight significant career progression opportunities and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$64,400$31
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$184,268$88.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$235,230$113.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$307,113$147.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$368,535$177.2

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$245,690

Gross Pay

Real Wage (Purchasing Power)

$245,690

Adjusted for COL (100)

The average annual salary of $245,690 for Family Medicine Physicians in Cincinnati aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a physician's salary in Cincinnati is equivalent to the national average, offering a stable financial environment for relocation.

Job Market Context

390

Total Jobs

0.354

Per 1K Jobs

0.51

Location Quotient

Below Average

Cincinnati, OH-KY-IN has 0.51x 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.

A Location Quotient of 0.51 indicates that Family Medicine Physicians are less concentrated in the Cincinnati, OH-KY-IN area compared to the national average. This suggests that while the profession is present, the job market may be less competitive, potentially offering more opportunities for newly qualified or relocating physicians.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

CitySalaryDist.
Lexington-Fayette, KY Family Medicine Physicians Salary$291,650↑ 19%73 mi

Comparing salaries near Cincinnati, OH-KY-IN

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Cincinnati, OH-KY-IN?

The median annual salary for a Family Medicine Physicians in Cincinnati, OH-KY-IN is $245,690. This typically ranges from $64,400 for entry-level positions to $368,535 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cincinnati, OH-KY-IN is 5.4% lower than the national median of $259,840.

Is Cincinnati, OH-KY-IN a lucrative place for Family Medicine Physicians?

Yes, it offers competitive compensation relative to the cost of living.Family Medicine Physicians earn $245,690 annually, which holds strong purchasing power due to the national average cost of living. The below-average concentration suggests a favorable market for job seekers.

Is Cincinnati, OH-KY-IN a good place to live for Family Medicine Physicians?

The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Cincinnati, OH-KY-IN?

Some top paying nearby cities include Lexington-Fayette, KY ($291,650) and others.

How does the Cincinnati salary compare to the national average?

The average salary for Family Medicine Physicians in Cincinnati is $245,690, which is slightly lower than the national average of $259,840.

What is the job market like for Family Medicine Physicians in Cincinnati?

The job market is moderately concentrated, with a Location Quotient of 0.51, indicating fewer physicians per capita than the national average, potentially leading to good opportunities.

Does the cost of living affect the salary in Cincinnati?

No, the cost of living in Cincinnati is at the national average (100), meaning the $245,690 salary offers standard purchasing power.

How many Family Medicine Physicians work in Cincinnati?

There are approximately 390 Family Medicine Physicians employed in the Cincinnati, OH-KY-IN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 390 employees in the Cincinnati, OH-KY-IN area with a job density of 0.354 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Cincinnati, OH-KY-IN