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Average Family Medicine Physicians Salary in Maryland

Family Medicine Physicians in Maryland earn an impressive average annual salary of $269,020, surpassing the national average of $259,840. This elevated compensation is likely influenced by Maryland's specific healthcare demands, regulatory environment, and the overall economic landscape of the state.

Executive Summary

  • Average Salary: $269,020 per year.
  • Growth Trend: Salaries have shifted 26.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $403,530.
  • Outlook: With a local workforce of 1,070 Family Medicine Physicians, Maryland presents a moderately sized professional community. The Location Quotient of 0.56 indicates that this profession is less concentrated in Maryland compared to the national average, suggesting a stable but not overly saturated job market.
2024 Market Data

Salary Overview

$269,020

The average Family Medicine Physicians in Maryland earns+3.5%above the national average.

BreakdownBased on 40h/week
Hourly

$129.3

Weekly

$5,173

Monthly

$22,418

Family Medicine Physicians Salary Distribution in Maryland

Salary progression for Family Medicine Physicians in Maryland typically scales significantly 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, reflecting their accumulated expertise and value to healthcare systems.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$131,990$63.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$201,765$97
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$269,027$129.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$336,275$161.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$403,530$194

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$269,020

Gross Pay

Real Wage (Purchasing Power)

$215,044

Adjusted for COL (125.1)

While the average salary of $269,020 in Maryland is robust, the state's Cost of Living Index of 125.1 means that expenses are approximately 25% higher than the national average. This suggests that while the nominal income is high, the purchasing power may be somewhat tempered by the elevated cost of goods and services.

Job Market Context

1,070

Total Jobs

0.39

Per 1K Jobs

0.56

Location Quotient

Below Average

Maryland has 0.56x the national average concentration of Family Medicine Physicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.56 for Family Medicine Physicians in Maryland indicates that the profession is less prevalent in the state compared to the national average. This suggests that while there is a demand for these professionals, the market may not be as intensely competitive as in regions with a higher concentration.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Maryland

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Maryland?

The median annual salary for a Family Medicine Physicians in Maryland is $269,020. This typically ranges from $131,990 for entry-level positions to $403,530 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland is 3.5% higher than the national median of $259,840.

Is Maryland a lucrative place for Family Medicine Physicianss?

Yes.Maryland offers an average annual salary of $269,020, which is above the national average. Despite a higher cost of living, the nominal salary provides a strong financial standing for physicians in the state.

Is Maryland a good place to live for Family Medicine Physicians?

The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($226,110) and Baltimore-Columbia-Towson, MD.

How does Maryland's salary for Family Medicine Physicians compare to the national average?

Family Medicine Physicians in Maryland earn an average of $269,020 annually, which is $9,180 higher than the national average of $259,840.

What is the concentration of Family Medicine Physicians in Maryland?

Maryland has a Location Quotient of 0.56 for Family Medicine Physicians, meaning the profession is less concentrated there than the national average.

How does the cost of living in Maryland affect a Family Medicine Physician's salary?

With a Cost of Living Index of 125.1, Maryland is more expensive than the national average. This means that while the salary is high, the purchasing power is reduced compared to a lower cost-of-living area.

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

The job market appears stable, with 1,070 Family Medicine Physicians employed and a jobs-per-1,000-workers ratio of 0.39, indicating a consistent need for these professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the Maryland area with a job density of 0.39 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.