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Average Family Medicine Physicians Salary in New Orleans-Metairie, LA

Family Medicine Physicians in New Orleans-Metairie, LA, earn an impressive average annual salary of $298,980, significantly exceeding the national average of $259,840. This elevated compensation reflects the specialized demand and unique economic factors present within the New Orleans-Metairie metropolitan area, potentially influenced by the region's healthcare needs and market dynamics.

Executive Summary

  • Average Salary: $298,980 per year.
  • Growth Trend: Salaries have shifted 16.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $448,470.
  • Outlook: The local job market for Family Medicine Physicians in New Orleans-Metairie, LA, is characterized by a concentrated workforce of 210 professionals. With a Location Quotient of 0.69, the concentration of these physicians is below the national average, suggesting a potentially stable demand relative to the national landscape. The presence of 0.48 jobs per 1,000 workers indicates a consistent, albeit not overwhelmingly high, level of employment opportunities within this specific metropolitan area.
2024 Market Data

Salary Overview

$298,980

The average Family Medicine Physicians in New Orleans-Metairie, LA earns+15.1%above the national average.

BreakdownBased on 40h/week
Hourly

$143.7

Weekly

$5,750

Monthly

$24,915

Family Medicine Physicians Salary Distribution in New Orleans-Metairie, LA

Career progression for Family Medicine Physicians in New Orleans-Metairie, LA, is typically marked by a significant increase in earning potential as experience accumulates. Entry-level physicians may start at a lower percentile of the salary range, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior salaries underscores the value placed on accumulated knowledge, patient relationships, and leadership within the medical community.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$138,910$66.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$224,235$107.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$298,979$143.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$373,725$179.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$448,470$215.6

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$298,980

Gross Pay

Real Wage (Purchasing Power)

$298,980

Adjusted for COL (100)

The average annual salary of $298,980 for Family Medicine Physicians in New Orleans-Metairie, LA, aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of a physician's salary in this area is equivalent to the national standard, offering a balanced financial environment where earnings effectively cover typical living expenses without significant deviation from the national norm.

Job Market Context

210

Total Jobs

0.48

Per 1K Jobs

0.69

Location Quotient

Below Average

New Orleans-Metairie, LA has 0.69x 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.

The Location Quotient of 0.69 for Family Medicine Physicians in New Orleans-Metairie, LA, indicates that this profession is less concentrated locally compared to the national average. This suggests that while there is a presence of these specialists, the market is not saturated, potentially leading to a competitive environment for employers seeking to fill positions. For physicians, this could translate to more opportunities and potentially stronger negotiation leverage, though the overall job market size is moderate.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near New Orleans-Metairie, LA

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in New Orleans-Metairie, LA?

The median annual salary for a Family Medicine Physicians in New Orleans-Metairie, LA is $298,980. This typically ranges from $138,910 for entry-level positions to $448,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New Orleans-Metairie, LA is 15.1% higher than the national median of $259,840.

Is New Orleans-Metairie, LA a lucrative place for Family Medicine Physicians?

Yes, it is a lucrative place for Family Medicine Physicians.The average salary of $298,980 significantly surpasses the national average, and the cost of living is on par with the national average, indicating strong earning potential.

Is New Orleans-Metairie, LA a good place to live for Family Medicine Physicians?

The Cost of Living Index in New Orleans-Metairie, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New Orleans-Metairie, LA?

Some top paying nearby cities include Slidell-Mandeville-Covington, LA ($209,910) and Gulfport-Biloxi, MS.

How does the New Orleans-Metairie, LA salary compare to the national average?

Family Medicine Physicians in New Orleans-Metairie, LA, earn an average of $298,980 annually, which is considerably higher than the national average of $259,840.

What is the concentration of Family Medicine Physicians in New Orleans-Metairie, LA?

The concentration, measured by the Location Quotient, is 0.69, meaning there are fewer Family Medicine Physicians per worker in this area compared to the national average.

How does the cost of living in New Orleans-Metairie, LA affect physician salaries?

The cost of living in New Orleans-Metairie, LA, is at the national average (100), meaning the higher average salary of $298,980 offers purchasing power equivalent to the national standard.

What is the total number of Family Medicine Physicians in the New Orleans-Metairie, LA workforce?

There are approximately 210 Family Medicine Physicians employed within the New Orleans-Metairie, LA 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 210 employees in the New Orleans-Metairie, LA area with a job density of 0.48 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.