Average Family Medicine Physicians Salary in Columbia, MO
Family Medicine Physicians in Columbia, MO, earn an average annual salary of $115,200. This figure is notably lower than the national average of $259,840, reflecting regional economic factors and local demand dynamics. The specific compensation in Columbia is influenced by the concentration of healthcare facilities and the overall economic landscape of Missouri.
Executive Summary
- Average Salary: $115,200 per year.
- Growth Trend: Salaries have shifted 5.8% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $172,800.
- Outlook: The job market for Family Medicine Physicians in Columbia, MO, appears robust, with a total local workforce of 760 individuals in this specialty. The Location Quotient of 10.21 significantly exceeds the national average, indicating a strong concentration of these professionals relative to the rest of the country. This high concentration suggests consistent demand and a stable employment environment for family medicine practitioners in the area.
Salary Overview
The average Family Medicine Physicians in Columbia, MO earns-55.7%below the national average.
$55.4
$2,215
$9,600
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data for Columbia, MO is not provided, it is generally assumed that salaries for Family Medicine Physicians have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, physician shortages in certain areas, and inflation typically contribute to an upward trajectory in compensation for medical professionals.
Family Medicine Physicians Salary Distribution in Columbia, MO
Salary progression for Family Medicine Physicians in Columbia, MO, 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. The gap between entry-level and senior roles signifies substantial career growth opportunities and increased earning potential over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $67,150 | $32.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $86,400 | $41.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $67,150 | $32.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $144,000 | $69.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $172,800 | $83.1 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$115,200
Gross Pay
Real Wage (Purchasing Power)
$115,200
Adjusted for COL (100)
The nominal average salary of $115,200 in Columbia, MO, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Family Medicine Physician's salary in Columbia is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
760
Total Jobs
7.148
Per 1K Jobs
10.21
Location Quotient
Columbia, MO has 10.2x 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 10.21, Columbia, MO, exhibits a significantly higher concentration of Family Medicine Physicians than the national average. This suggests a robust and potentially competitive market for these professionals, indicating strong local demand and a well-established presence of this medical specialty within the community.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Jefferson City, MO Family Medicine Physicians Salary | $253,350↑ 120% | 27 mi |
| Southeast Missouri nonmetropolitan area Family Medicine Physicians Salary | $235,130↑ 104% | 34 mi |
| Central Missouri nonmetropolitan area Family Medicine Physicians Salary | $322,870↑ 180% | 34 mi |
| North Missouri nonmetropolitan area Family Medicine Physicians Salary | $308,450↑ 168% | 34 mi |
Comparing salaries near Columbia, MO
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Columbia, MO?
The median annual salary for a Family Medicine Physicians in Columbia, MO is $115,200. This typically ranges from $67,150 for entry-level positions to $172,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Columbia, MO is 55.7% lower than the national median of $259,840.
Is Columbia, MO a lucrative place for Family Medicine Physicians?
No, not compared to the national average.While the average salary of $115,200 is substantial, it falls considerably short of the national average of $259,840. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Columbia, MO a good place to live for Family Medicine Physicians?
The Cost of Living Index in Columbia, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Columbia, MO?
Some top paying nearby cities include Jefferson City, MO ($253,350) and Southeast Missouri nonmetropolitan area.
How does the number of Family Medicine Physicians in Columbia compare nationally?
Columbia, MO has a high concentration of Family Medicine Physicians, indicated by a Location Quotient of 10.21, meaning there are over ten times the national average of these professionals per capita.
What is the job outlook for Family Medicine Physicians in Columbia, MO?
The job outlook is positive, with a significant local workforce and a high concentration of physicians suggesting sustained demand for their services within the community.
Does experience impact salary for Family Medicine Physicians in Columbia, MO?
Yes, like most medical professions, experience plays a crucial role, with senior physicians earning significantly more than those starting their careers.
How does the cost of living affect the $115,200 salary in Columbia, MO?
The cost of living in Columbia is exactly at the national average (100), meaning the $115,200 salary offers purchasing power equivalent to the national average salary.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 760 employees in the Columbia, MO area with a job density of 7.148 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 Columbia, MO