Average Family Medicine Physicians Salary in Colorado Springs, CO
Family Medicine Physicians in Colorado Springs, CO, earn an average annual salary of $259,950. This figure is remarkably aligned with the national average of $259,840, indicating a stable and competitive compensation landscape. Local demand, workforce concentration, and the specific healthcare needs of the region likely contribute to this equilibrium.
Executive Summary
- Average Salary: $259,950 per year.
- Growth Trend: Salaries have shifted 55.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $389,925.
- Outlook: The job market for Family Medicine Physicians in Colorado Springs appears robust, with a total local workforce of 340 individuals. The Location Quotient of 1.54 suggests a higher concentration of these professionals compared to the national average, signaling strong local demand and a potentially active hiring environment.
Salary Overview
The average Family Medicine Physicians in Colorado Springs, CO earns+0.0%above the national average.
$125
$4,999
$21,663
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Family Medicine Physicians in Colorado Springs has experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, physician shortages in certain specialties, and inflation typically drive upward salary adjustments in the medical field.
Family Medicine Physicians Salary Distribution in Colorado Springs, CO
Salary progression for Family Medicine Physicians typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned physicians with extensive experience and specialized skills can expect to earn considerably more, often reaching the higher percentiles. The gap between entry-level and senior-level salaries signifies substantial career growth opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $67,620 | $32.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $194,963 | $93.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $259,958 | $125 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $324,938 | $156.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $389,925 | $187.5 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$259,950
Gross Pay
Real Wage (Purchasing Power)
$259,950
Adjusted for COL (100)
The average annual salary of $259,950 in Colorado Springs aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Family Medicine Physician's salary in this city is equivalent to the national average, offering a stable financial foundation for residents.
Job Market Context
340
Total Jobs
1.075
Per 1K Jobs
1.54
Location Quotient
Colorado Springs, CO has 1.5x 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.
With a Location Quotient of 1.54, Colorado Springs demonstrates a notable concentration of Family Medicine Physicians relative to the national average. This suggests that the demand for these specialists is higher in this area than in many other parts of the country, potentially leading to a more competitive job market for employers seeking to fill positions.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Northwest Colorado nonmetropolitan area Family Medicine Physicians Salary | $298,860↑ 15% | 32 mi |
| Southwest Colorado nonmetropolitan area Family Medicine Physicians Salary | $276,980↑ 7% | 32 mi |
| Eastern and Southern Colorado nonmetropolitan area Family Medicine Physicians Salary | $327,440↑ 26% | 32 mi |
| Pueblo, CO Family Medicine Physicians Salary | $261,190↑ 0% | 42 mi |
| Denver-Aurora-Centennial, CO Family Medicine Physicians Salary | $227,380↓ 13% | 62 mi |
Comparing salaries near Colorado Springs, CO
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Colorado Springs, CO?
The median annual salary for a Family Medicine Physicians in Colorado Springs, CO is $259,950. This typically ranges from $67,620 for entry-level positions to $389,925 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Colorado Springs, CO is 0.0% higher than the national median of $259,840.
Is Colorado Springs, CO a lucrative place for Family Medicine Physicians?
Yes, Colorado Springs offers a lucrative environment for Family Medicine Physicians.The average salary of $259,950 is on par with the national average, and the strong Location Quotient of 1.54 indicates high local demand for these professionals.
Is Colorado Springs, CO a good place to live for Family Medicine Physicians?
The Cost of Living Index in Colorado Springs, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Colorado Springs, CO?
Some top paying nearby cities include Northwest Colorado nonmetropolitan area ($298,860) and Southwest Colorado nonmetropolitan area.
How does the salary compare to the national average?
The average annual salary for Family Medicine Physicians in Colorado Springs is $259,950, which is virtually identical to the national average of $259,840.
What is the Cost of Living in Colorado Springs?
Colorado Springs has a Cost of Living Index of 100, which is exactly the national average, meaning the general cost of goods and services is comparable nationwide.
How concentrated are Family Medicine Physicians in Colorado Springs?
The Location Quotient of 1.54 indicates that Family Medicine Physicians are 54% more concentrated in Colorado Springs than the national average, suggesting higher local demand.
How many Family Medicine Physicians work in Colorado Springs?
There are approximately 340 Family Medicine Physicians employed in the Colorado Springs area, representing 1.075 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Colorado Springs, CO area with a job density of 1.075 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Colorado Springs, CO