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Average Family Medicine Physicians Salary in Cleveland, OH

Family Medicine Physicians in Cleveland, OH earn an average annual salary of $240,840. This figure is slightly below the national average of $259,840, suggesting a localized compensation structure influenced by regional economic factors and the specific demand within the Cleveland healthcare market. While the nominal salary is substantial, understanding its purchasing power locally is key.

Executive Summary

  • Average Salary: $240,840 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $361,260.
  • Outlook: With a total local workforce of 240 Family Medicine Physicians, Cleveland presents a moderately concentrated market. The Location Quotient of 0.33 indicates that this profession is less concentrated in Cleveland compared to the national average, implying a potentially stable demand for skilled physicians in this specialty within the region.
2024 Market Data

Salary Overview

$240,840

The average Family Medicine Physicians in Cleveland, OH earns-7.3%below the national average.

BreakdownBased on 40h/week
Hourly

$115.8

Weekly

$4,632

Monthly

$20,070

Family Medicine Physicians Salary Distribution in Cleveland, OH

The career trajectory for Family Medicine Physicians typically involves significant salary growth from entry-level to senior positions. While specific percentile data isn't available, the gap between starting salaries and those earned by highly experienced physicians, often reflected in the 75th and 90th percentiles, signifies substantial earning potential and career progression opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$65,590$31.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$180,630$86.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$240,843$115.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$301,050$144.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$361,260$173.7

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$240,840

Gross Pay

Real Wage (Purchasing Power)

$240,840

Adjusted for COL (100)

The average annual salary of $240,840 in Cleveland, OH, aligns perfectly with the local Cost of Living Index of 100, which is the national benchmark. This means that the purchasing power of a Family Medicine Physician's salary in Cleveland is equivalent to the national average, offering a stable financial standing relative to the rest of the country.

Job Market Context

240

Total Jobs

0.233

Per 1K Jobs

0.33

Location Quotient

Low Concentration

At 0.33x, Cleveland, OH has a notably lower concentration of Family Medicine Physicians jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.33 for Family Medicine Physicians in Cleveland, OH, suggests that the concentration of these professionals is lower than the national average. This could indicate a less saturated job market, potentially leading to more competitive opportunities for physicians seeking employment or greater leverage in salary negotiations.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

CitySalaryDist.
Akron, OH Family Medicine Physicians Salary$328,000↑ 36%29 mi
Youngstown-Warren, OH Family Medicine Physicians Salary$237,450↓ 1%60 mi

Comparing salaries near Cleveland, OH

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Cleveland, OH?

The median annual salary for a Family Medicine Physicians in Cleveland, OH is $240,840. This typically ranges from $65,590 for entry-level positions to $361,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Cleveland, OH is 7.3% lower than the national median of $259,840.

Is Cleveland, OH a lucrative place for Family Medicine Physicians?

Yes, Cleveland, OH offers a competitive salary for Family Medicine Physicians.The average salary of $240,840 is substantial, and with a Cost of Living Index of 100, the purchasing power is equivalent to the national average, making it financially attractive.

Is Cleveland, OH a good place to live for Family Medicine Physicians?

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

Where are the highest paying cities near Cleveland, OH?

Some top paying nearby cities include Akron, OH ($328,000) and Youngstown-Warren, OH.

How does the Cleveland salary compare to the national average?

The average salary for Family Medicine Physicians in Cleveland, OH is $240,840, which is slightly lower than the national average of $259,840.

What is the concentration of Family Medicine Physicians in Cleveland?

Cleveland has a lower concentration of Family Medicine Physicians compared to the national average, with a Location Quotient of 0.33.

How does the cost of living in Cleveland affect salary perception?

With a Cost of Living Index of 100, the national average, the $240,840 salary in Cleveland offers purchasing power equivalent to the national average.

What does a low Location Quotient imply for job seekers?

A Location Quotient of 0.33 suggests that Family Medicine Physicians may find a less crowded job market in Cleveland, potentially leading to more opportunities and competitive compensation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Cleveland, OH area with a job density of 0.233 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 Cleveland, OH