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Average Family Medicine Physicians Salary in Mississippi

Family Medicine Physicians in Mississippi earn an impressive average annual salary of $261,520, slightly surpassing the national average of $259,840. This competitive compensation reflects the state's specific healthcare needs and the demand for skilled primary care providers within its unique economic landscape.

Executive Summary

  • Average Salary: $261,520 per year.
  • Growth Trend: Salaries have shifted 25.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $392,280.
  • Outlook: With a local workforce of 780 Family Medicine Physicians, Mississippi demonstrates a stable, albeit not exceptionally concentrated, presence of these vital healthcare professionals. The Location Quotient of 0.96 suggests that the concentration of these roles is very close to the national average, indicating a balanced job market with consistent demand.
2024 Market Data

Salary Overview

$261,520

The average Family Medicine Physicians in Mississippi earns+0.6%above the national average.

BreakdownBased on 40h/week
Hourly

$125.7

Weekly

$5,029

Monthly

$21,793

Family Medicine Physicians Salary Distribution in Mississippi

Salary progression for Family Medicine Physicians in Mississippi typically scales significantly with experience. Entry-level positions may 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 roles signifies clear opportunities for career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$119,460$57.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$196,140$94.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$231,580$111.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$326,900$157.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$392,280$188.6

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$261,520

Gross Pay

Real Wage (Purchasing Power)

$301,638

Adjusted for COL (86.7)

The nominal salary of $261,520 in Mississippi offers substantial purchasing power, especially considering the state's Cost of Living Index of 86.7, which is notably below the national average of 100. This means that the earned income of a Family Medicine Physician in Mississippi can translate into a higher real income and a better quality of life compared to many other states.

Job Market Context

780

Total Jobs

0.673

Per 1K Jobs

0.96

Location Quotient

Below Average

Mississippi has 0.96x 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 0.96 indicates that Mississippi has a job market for Family Medicine Physicians that is almost perfectly aligned with the national average in terms of concentration. This suggests a competitive but accessible market, where opportunities exist without being overly saturated, providing a healthy environment for both job seekers and employers.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

CitySalaryDist.
Jackson, MS Family Medicine Physicians Salary$231,100 12%43 mi

Comparing salaries near Mississippi

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Mississippi?

The median annual salary for a Family Medicine Physicians in Mississippi is $261,520. This typically ranges from $119,460 for entry-level positions to $392,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 0.6% higher than the national median of $259,840.

Is Mississippi a lucrative place for Family Medicine Physicians?

Yes, Mississippi offers a lucrative environment for Family Medicine Physicians.The average salary of $261,520 is higher than the national average, and the lower cost of living further enhances the financial benefits of practicing medicine in the state.

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

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($231,100) and others.

How does the Mississippi salary compare to the national average?

Family Medicine Physicians in Mississippi earn an average of $261,520 annually, which is slightly above the national average of $259,840.

What is the concentration of Family Medicine Physicians in Mississippi?

The concentration, measured by the Location Quotient, is 0.96, indicating that the presence of Family Medicine Physicians in Mississippi is very close to the national average.

How does the cost of living affect the physician's salary?

With a Cost of Living Index of 86.7, Mississippi is more affordable than the national average, making the $261,520 salary provide greater purchasing power for physicians.

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

There are approximately 780 Family Medicine Physicians employed within Mississippi.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Mississippi area with a job density of 0.673 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.