Average Family Medicine Physicians Salary in Manchester-Nashua, NH
Family Medicine Physicians in the Manchester-Nashua, NH area earn an average annual salary of $258,870. This figure is remarkably close to the national average of $259,840, indicating a stable and competitive compensation landscape. The specific pay in this region is influenced by a confluence of local demand, the cost of healthcare services, and the overall economic vitality of New Hampshire.
Executive Summary
- Average Salary: $258,870 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $388,305.
- Outlook: The Manchester-Nashua region demonstrates a robust job market for Family Medicine Physicians, evidenced by a total local workforce of 200 professionals. The Location Quotient of 1.41 signifies a higher concentration of these physicians compared to the national average, suggesting strong local demand and a potentially active hiring environment for qualified candidates.
Salary Overview
The average Family Medicine Physicians in Manchester-Nashua, NH earns-0.4%below the national average.
$124.5
$4,978
$21,573
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Family Medicine Physicians in Manchester-Nashua 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 likely contribute to this upward trajectory, ensuring competitive compensation for practitioners.
Family Medicine Physicians Salary Distribution in Manchester-Nashua, NH
Salary progression for Family Medicine Physicians in Manchester-Nashua typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned physicians with extensive experience and specialized skills can expect to earn considerably more, often reaching into the higher salary percentiles. The difference between entry-level and senior roles highlights clear career advancement opportunities and earning potential within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $227,300 | $109.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $194,153 | $93.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $238,630 | $114.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $323,588 | $155.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $388,305 | $186.7 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$258,870
Gross Pay
Real Wage (Purchasing Power)
$258,870
Adjusted for COL (100)
The nominal average salary of $258,870 in Manchester-Nashua, NH, 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 this area is equivalent to the national standard, offering a balanced lifestyle without significant financial strain related to everyday expenses.
Job Market Context
200
Total Jobs
0.987
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Manchester-Nashua, NH has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
With a Location Quotient of 1.41, Manchester-Nashua exhibits a notable concentration of Family Medicine Physicians relative to the national average. This suggests that the demand for these professionals is higher than the national benchmark, potentially leading to a more competitive job market for employers seeking to fill positions, while also offering ample opportunities for physicians.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Central New Hampshire nonmetropolitan area Family Medicine Physicians Salary | $230,350↓ 11% | 33 mi |
| Northern New Hampshire nonmetropolitan area Family Medicine Physicians Salary | $279,380↑ 8% | 33 mi |
| Boston-Cambridge-Newton, MA-NH Family Medicine Physicians Salary | $304,380↑ 18% | 50 mi |
| Massachusetts nonmetropolitan area Family Medicine Physicians Salary | $332,850↑ 29% | 52 mi |
Comparing salaries near Manchester-Nashua, NH
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Manchester-Nashua, NH?
The median annual salary for a Family Medicine Physicians in Manchester-Nashua, NH is $258,870. This typically ranges from $227,300 for entry-level positions to $388,305 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Manchester-Nashua, NH is 0.4% lower than the national median of $259,840.
Is Manchester-Nashua, NH a lucrative place for Family Medicine Physicians?
Yes, it is a financially competitive location for Family Medicine Physicians.The average salary of $258,870 is nearly identical to the national average, and the cost of living is also at the national average, indicating strong earning potential relative to expenses.
Is Manchester-Nashua, NH a good place to live for Family Medicine Physicians?
The Cost of Living Index in Manchester-Nashua, NH is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Manchester-Nashua, NH?
Some top paying nearby cities include Central New Hampshire nonmetropolitan area ($230,350) and Northern New Hampshire nonmetropolitan area.
How does the number of Family Medicine Physicians in Manchester-Nashua compare to the national average?
Manchester-Nashua has a higher concentration of Family Medicine Physicians, as indicated by a Location Quotient of 1.41, meaning there are about 41% more physicians per worker in this area compared to the national average.
What is the job availability like for Family Medicine Physicians in this area?
The job market appears robust, with 0.987 jobs per 1,000 workers, suggesting consistent demand for Family Medicine Physicians within the Manchester-Nashua region.
Does experience significantly impact a Family Medicine Physician's salary in Manchester-Nashua?
Yes, experience is a key factor in salary determination, with senior physicians earning substantially more than those in entry-level positions, reflecting a clear career growth path.
How does the cost of living affect the value of a Family Medicine Physician's salary in Manchester-Nashua?
The cost of living in Manchester-Nashua is exactly at the national average (100), meaning the average salary of $258,870 offers purchasing power equivalent to the national median, providing a stable financial standing.
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 Manchester-Nashua, NH area with a job density of 0.987 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 Manchester-Nashua, NH