Average Family Medicine Physicians Salary in Montana
Family Medicine Physicians in Montana earn an impressive average annual salary of $275,990, significantly exceeding the national average of $259,840. This elevated compensation is likely driven by the state's unique geographic landscape and the critical need for accessible healthcare services in its often remote communities, making specialized medical professionals highly valued.
Executive Summary
- Average Salary: $275,990 per year.
- Growth Trend: Salaries have shifted 16.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $413,985.
- Outlook: With a local workforce of 440 Family Medicine Physicians, Montana demonstrates a stable, albeit niche, presence in this medical field. The Location Quotient of 1.24 indicates a higher concentration of these professionals compared to the national average, suggesting a consistent demand that supports the existing workforce and potentially offers opportunities for new entrants.
Salary Overview
The average Family Medicine Physicians in Montana earns+6.2%above the national average.
$132.7
$5,308
$22,999
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the demand for Family Medicine Physicians in Montana has seen steady growth over the past four years, mirroring national trends. This growth, coupled with the state's commitment to healthcare access, likely translates to a positive trajectory in average salaries and employment opportunities for qualified physicians.
Family Medicine Physicians Salary Distribution in Montana
The salary progression for Family Medicine Physicians in Montana typically scales 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 upper percentiles. The gap between entry-level and senior roles signifies substantial career growth and increased earning potential within the state.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $132,300 | $63.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $206,993 | $99.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $275,995 | $132.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $344,988 | $165.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $413,985 | $199 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$275,990
Gross Pay
Real Wage (Purchasing Power)
$258,176
Adjusted for COL (106.9)
The average annual salary of $275,990 in Montana presents a strong financial standing when considered against the local Cost of Living Index of 106.9. While slightly above the national average, this salary offers a comfortable lifestyle and good purchasing power for physicians relocating to or practicing within the state, especially when compared to areas with a much higher cost of living.
Job Market Context
440
Total Jobs
0.87
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Montana has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
Montana's Location Quotient of 1.24 for Family Medicine Physicians signifies a notable concentration of these professionals relative to the national distribution. This suggests that the job market is competitive but also indicative of a strong, established need for their services within the state's healthcare system, offering a potentially robust environment for practitioners.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Great Falls, MT Family Medicine Physicians Salary | $260,980↓ 5% | 56 mi |
| Helena, MT Family Medicine Physicians Salary | $306,920↑ 11% | 77 mi |
| Bozeman, MT Family Medicine Physicians Salary | $321,590↑ 17% | 90 mi |
Comparing salaries near Montana
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Montana?
The median annual salary for a Family Medicine Physicians in Montana is $275,990. This typically ranges from $132,300 for entry-level positions to $413,985 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montana is 6.2% higher than the national median of $259,840.
Is Montana a lucrative place for Family Medicine Physicians?
Yes, Montana offers a lucrative environment for Family Medicine Physicians.The average salary of $275,990 significantly surpasses the national average, and the cost of living, while slightly elevated, remains manageable relative to this income.
Is Montana a good place to live for Family Medicine Physicians?
The Cost of Living Index in Montana is 106.9. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montana?
Some top paying nearby cities include Great Falls, MT ($260,980) and Helena, MT.
How does Montana's average salary compare to the national average for Family Medicine Physicians?
Family Medicine Physicians in Montana earn an average of $275,990 annually, which is higher than the national average of $259,840.
What is the concentration of Family Medicine Physicians in Montana?
Montana has a Location Quotient of 1.24 for Family Medicine Physicians, indicating a higher concentration of these professionals compared to the national average.
How does the cost of living in Montana affect the physician's salary?
With a Cost of Living Index of 106.9, Montana is slightly more expensive than the national average, but the higher average salary for physicians helps to offset this.
What does the job market look like for Family Medicine Physicians in Montana?
The market shows a healthy demand, evidenced by the concentration (LQ of 1.24) and a total local workforce of 440, suggesting a stable and potentially growing need for these specialists.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Montana area with a job density of 0.87 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 Montana