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Average Family Medicine Physicians Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

Family Medicine Physicians in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $204,350. This figure is notably below the national average of $259,840, suggesting that while demand exists, local market dynamics and potentially other factors contribute to this compensation level. The specific economic landscape and healthcare needs of the region play a significant role in shaping physician remuneration.

Executive Summary

  • Average Salary: $204,350 per year.
  • Growth Trend: Salaries have shifted 4.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $306,525.
  • Outlook: The job market for Family Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN, appears moderately robust, with a local workforce of 1,090 individuals in this role. The jobs per 1,000 workers metric of 0.997 indicates a presence that is very close to the national average, suggesting a stable demand for these essential healthcare professionals within the community.
2024 Market Data

Salary Overview

$204,350

The average Family Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN earns-21.4%below the national average.

BreakdownBased on 40h/week
Hourly

$98.3

Weekly

$3,930

Monthly

$17,029

Family Medicine Physicians Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Salary progression for Family Medicine Physicians is significantly influenced by experience. Entry-level physicians can expect to earn at the lower end of the pay scale, while those with extensive experience, specialized skills, or leadership roles will command higher salaries, often reaching into the upper percentiles. The gap between entry-level and senior physician compensation represents a clear career progression pathway.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$59,560$28.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$153,263$73.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$203,770$98
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$255,438$122.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$306,525$147.4

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$204,350

Gross Pay

Real Wage (Purchasing Power)

$204,350

Adjusted for COL (100)

The average annual salary of $204,350 for Family Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a physician's salary in this region is equivalent to the national average, offering a stable financial environment for residents.

Job Market Context

1,090

Total Jobs

0.997

Per 1K Jobs

1.42

Location Quotient

Above Average

With a location quotient of 1.42, Nashville-Davidson--Murfreesboro--Franklin, TN has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.

With a Location Quotient of 1.42, Family Medicine Physicians are more concentrated in the Nashville-Davidson--Murfreesboro--Franklin, TN area than the national average. This indicates a higher relative demand or a larger pool of these professionals compared to other occupations in the region, suggesting a competitive yet accessible market for both employers and job seekers.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a Family Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN is $204,350. This typically ranges from $59,560 for entry-level positions to $306,525 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 21.4% lower than the national median of $259,840.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for Family Medicine Physicianss?

No, not when compared to the national average.While Family Medicine Physicians earn a substantial $204,350 annually, this is below the national average of $259,840. However, the cost of living is at the national average, making the salary's purchasing power comparable.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for Family Medicine Physicians?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include West Tennessee nonmetropolitan area ($202,710) and North Central Tennessee nonmetropolitan area.

How does the Nashville area compare to the national average for Family Medicine Physician salaries?

Family Medicine Physicians in the Nashville area earn an average of $204,350 annually, which is lower than the national average of $259,840.

What is the concentration of Family Medicine Physicians in the Nashville area?

The concentration, measured by the Location Quotient, is 1.42, indicating that Family Medicine Physicians are more prevalent in this region than the national average.

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

The cost of living in Nashville is exactly at the national average (100), meaning the $204,350 salary offers purchasing power equivalent to the national average salary in a national average cost of living area.

What is the total number of Family Medicine Physicians in the Nashville workforce?

There are approximately 1,090 Family Medicine Physicians employed within the Nashville-Davidson--Murfreesboro--Franklin, TN metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,090 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 0.997 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.