Average Family Medicine Physicians Salary in Grand Junction, CO
Family Medicine Physicians in Grand Junction, CO, earn an average annual salary of $215,620. This figure is notably lower than the national average of $259,840, suggesting that local market dynamics and potentially a different supply-demand equilibrium influence compensation in this Colorado city. Factors such as the specific healthcare needs of the region and the competitive landscape among providers likely contribute to this localized pay rate.
Executive Summary
- Average Salary: $215,620 per year.
- Growth Trend: Salaries have shifted 9.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $323,430.
- Outlook: The job market for Family Medicine Physicians in Grand Junction, CO, appears robust, indicated by a total local workforce of 200 professionals. The Location Quotient of 4.37 significantly exceeds the national average, signaling a higher concentration of these specialists in Grand Junction relative to the rest of the country. This suggests a strong local demand for their services, making it a potentially stable employment environment.
Salary Overview
The average Family Medicine Physicians in Grand Junction, CO earns-17.0%below the national average.
$103.7
$4,147
$17,968
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Family Medicine Physicians in Grand Junction, CO, have experienced growth over the past four years, mirroring national trends. Economic factors, increasing healthcare demands, and inflation typically drive upward adjustments in physician compensation, even in localized markets.
Family Medicine Physicians Salary Distribution in Grand Junction, CO
Salary progression for Family Medicine Physicians in Grand Junction, CO, typically scales with experience. Entry-level physicians may start at the lower end of the pay scale, while those with extensive experience and a proven track record can command significantly higher salaries, often reaching the upper percentiles. The gap between entry-level and senior roles signifies clear career progression opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $69,800 | $33.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $161,715 | $77.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $212,320 | $102.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $269,525 | $129.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $323,430 | $155.5 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$215,620
Gross Pay
Real Wage (Purchasing Power)
$215,620
Adjusted for COL (100)
The nominal average annual salary of $215,620 in Grand Junction, CO, is directly comparable to the national average cost of living index of 100. This means that the purchasing power of a Family Medicine Physician's salary in Grand Junction is equivalent to that of a physician earning the national average in a location with a national average cost of living. Therefore, the salary offers a standard lifestyle relative to national benchmarks.
Job Market Context
200
Total Jobs
3.057
Per 1K Jobs
4.37
Location Quotient
Grand Junction, CO has 4.4x 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.
With a Location Quotient of 4.37, Grand Junction, CO, exhibits a significantly higher concentration of Family Medicine Physicians than the national average. This indicates a strong local demand and a specialized market for these professionals. While this suggests abundant opportunities, it also implies a potentially competitive environment for new entrants, though the high LQ generally points to a healthy, established presence of the profession.
Nearby Job Markets
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Grand Junction, CO?
The median annual salary for a Family Medicine Physicians in Grand Junction, CO is $215,620. This typically ranges from $69,800 for entry-level positions to $323,430 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Grand Junction, CO is 17.0% lower than the national median of $259,840.
Is Grand Junction, CO a lucrative place for Family Medicine Physicians?
Yes, but with caveats.While the average salary of $215,620 is below the national average, the high concentration of physicians (LQ of 4.37) and a cost of living at the national average suggest a stable and well-supported market for these professionals.
Is Grand Junction, CO a good place to live for Family Medicine Physicians?
The Cost of Living Index in Grand Junction, CO is 100. While higher than average, this often correlates with higher wages.
How does the Grand Junction salary compare to the national average?
Family Medicine Physicians in Grand Junction, CO, earn an average of $215,620 annually, which is approximately 17% lower than the national average of $259,840.
What does the Location Quotient (LQ) of 4.37 mean for Family Medicine Physicians in Grand Junction?
An LQ of 4.37 signifies that Grand Junction has 4.37 times the concentration of Family Medicine Physicians compared to the national average, indicating a high demand and specialized market for these roles.
Is the cost of living in Grand Junction, CO, high for physicians?
No, Grand Junction's cost of living index is 100, which is exactly the national average. This means a physician's salary there has the same purchasing power as it would in a typical US city.
What is the total number of Family Medicine Physicians in Grand Junction?
There are approximately 200 Family Medicine Physicians working in Grand Junction, CO, representing 3.057 jobs per 1,000 workers in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Grand Junction, CO area with a job density of 3.057 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 Grand Junction, CO