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Average Family Medicine Physicians Salary in Michigan

Family Medicine Physicians in Michigan earn an average annual salary of $222,500, which is notably below the national average of $259,840. This disparity is often influenced by a combination of regional economic factors, the specific demand within the state's healthcare system, and the overall supply of physicians.

Executive Summary

  • Average Salary: $222,500 per year.
  • Growth Trend: Salaries have shifted 4.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $333,750.
  • Outlook: With a local workforce of 4,400 Family Medicine Physicians, Michigan demonstrates a significant presence in this medical specialty. The Location Quotient of 1.43 indicates a higher concentration of these professionals compared to the national average, suggesting a robust and established job market with consistent demand for their services.
2024 Market Data

Salary Overview

$222,500

The average Family Medicine Physicians in Michigan earns-14.4%below the national average.

BreakdownBased on 40h/week
Hourly

$107

Weekly

$4,279

Monthly

$18,542

Family Medicine Physicians Salary Distribution in Michigan

Salary progression for Family Medicine Physicians in Michigan typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned physicians with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries clearly signifies substantial career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$63,110$30.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$166,875$80.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$219,990$105.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$278,125$133.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$333,750$160.5

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$222,500

Gross Pay

Real Wage (Purchasing Power)

$245,585

Adjusted for COL (90.6)

The average annual salary of $222,500 in Michigan presents a strong purchasing power, especially when viewed against the state's Cost of Living Index of 90.6. This index is below the national average of 100, meaning that the nominal salary earned by Family Medicine Physicians in Michigan will likely translate to a higher real income and a better standard of living compared to areas with a higher cost of living.

Job Market Context

4,400

Total Jobs

1.003

Per 1K Jobs

1.43

Location Quotient

Above Average

With a location quotient of 1.43, Michigan has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.

A Location Quotient of 1.43 signifies that Family Medicine Physicians are more concentrated in Michigan than the national average. This suggests a competitive market where employers may need to offer attractive compensation packages to secure top talent, but also indicates a strong pool of available professionals for healthcare facilities seeking to fill positions.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Michigan

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Frequently Asked Questions

How much does a Family Medicine Physicians make in Michigan?

The median annual salary for a Family Medicine Physicians in Michigan is $222,500. This typically ranges from $63,110 for entry-level positions to $333,750 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Michigan is 14.4% lower than the national median of $259,840.

Is Michigan a lucrative place for Family Medicine Physicians?

Yes, Michigan offers a lucrative environment for Family Medicine Physicians.Despite a salary slightly below the national average, the lower cost of living in Michigan enhances the real value of the $222,500 average salary, making it financially advantageous.

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

With a Cost of Living Index of 90.6 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Michigan?

Some top paying nearby cities include Saginaw, MI ($285,020) and Bay City, MI.

How does Michigan's average salary compare to the national average?

Family Medicine Physicians in Michigan earn an average of $222,500 annually, which is less than the national average of $259,840.

What is the concentration of Family Medicine Physicians in Michigan?

Michigan has a higher concentration of Family Medicine Physicians than the national average, indicated by a Location Quotient of 1.43.

How does the cost of living in Michigan affect physician salaries?

Michigan's cost of living is 9.4% lower than the national average (Index 90.6), meaning the $222,500 salary offers greater purchasing power than it might in higher-cost states.

What is the total number of Family Medicine Physicians in Michigan?

There are approximately 4,400 Family Medicine Physicians working in Michigan.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,400 employees in the Michigan area with a job density of 1.003 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.