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Average Family Medicine Physicians Salary in Knoxville, TN

Family Medicine Physicians in Knoxville, TN, command an impressive average annual salary of $326,980, substantially exceeding the national average of $259,840. This elevated compensation reflects the strong demand and specialized skill set required for these vital healthcare roles within the Knoxville region.

Executive Summary

  • Average Salary: $326,980 per year.
  • Growth Trend: Salaries have shifted 43.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $490,470.
  • Outlook: With a local workforce of 550 Family Medicine Physicians and a Location Quotient of 1.89, Knoxville demonstrates a robust concentration of these professionals, indicating a healthy and active job market. The figure of 1.326 jobs per 1,000 workers further suggests consistent employment opportunities for those in this field.
2024 Market Data

Salary Overview

$326,980

The average Family Medicine Physicians in Knoxville, TN earns+25.8%above the national average.

BreakdownBased on 40h/week
Hourly

$157.2

Weekly

$6,288

Monthly

$27,248

Family Medicine Physicians Salary Distribution in Knoxville, TN

Salary progression for Family Medicine Physicians in Knoxville typically scales with experience. Entry-level positions may start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear career growth trajectory and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$183,180$88.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$245,235$117.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$326,976$157.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$408,725$196.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$490,470$235.8

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$326,980

Gross Pay

Real Wage (Purchasing Power)

$326,980

Adjusted for COL (100)

The average annual salary of $326,980 in Knoxville, TN, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Family Medicine Physician's salary in Knoxville is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

550

Total Jobs

1.326

Per 1K Jobs

1.89

Location Quotient

Major Hub

Knoxville, TN has 1.9x 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.

A Location Quotient of 1.89 signifies that Family Medicine Physicians are nearly twice as concentrated in Knoxville compared to the national average. This suggests a highly competitive yet abundant market, where employers actively seek qualified candidates, and professionals have ample opportunities within the local healthcare system.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Knoxville, TN

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Knoxville, TN?

The median annual salary for a Family Medicine Physicians in Knoxville, TN is $326,980. This typically ranges from $183,180 for entry-level positions to $490,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 25.8% higher than the national median of $259,840.

Is Knoxville, TN a lucrative place for Family Medicine Physicians?

Yes, Knoxville, TN is a highly lucrative location for Family Medicine Physicians.Family Medicine Physicians in Knoxville earn significantly more than the national average, with a substantial salary of $326,980. Coupled with a cost of living that matches the national average, this makes Knoxville a financially attractive place for these professionals.

Is Knoxville, TN a good place to live for Family Medicine Physicians?

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

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Asheville, NC ($210,940) and Kingsport-Bristol, TN-VA.

How does the Knoxville salary compare to the national average?

Family Medicine Physicians in Knoxville earn an average of $326,980 annually, which is considerably higher than the national average of $259,840.

What is the concentration of Family Medicine Physicians in Knoxville?

Knoxville has a concentration of Family Medicine Physicians that is 1.89 times the national average, indicating a strong presence of these professionals in the area.

Does the cost of living affect the value of a Family Medicine Physician's salary in Knoxville?

No, the cost of living in Knoxville is exactly at the national average (100), meaning the high salary of $326,980 offers purchasing power equivalent to the national average.

What does the job market look like for Family Medicine Physicians in Knoxville?

The job market is robust, with a significant concentration of physicians and a healthy ratio of jobs per worker, suggesting good demand and ample opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Knoxville, TN area with a job density of 1.326 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.