Average Family Medicine Physicians Salary in New York-Newark-Jersey City, NY-NJ
Family Medicine Physicians in the New York-Newark-Jersey City, NY-NJ area earn an average annual salary of $243,050. This figure is slightly below the national average of $259,840, suggesting a nuanced compensation landscape influenced by regional economic factors and the specific demands of this metropolitan area. The concentration of healthcare facilities and the specialized needs of a dense urban population contribute to the compensation structure for these essential medical professionals.
Executive Summary
- Average Salary: $243,050 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $364,575.
- Outlook: The job market for Family Medicine Physicians in the New York-Newark-Jersey City, NY-NJ region appears stable, with a total local workforce of 6,590. The Location Quotient of 1.01 indicates a concentration of these professionals that is very close to the national average, suggesting a balanced demand and supply dynamic. This signifies a robust market where opportunities are consistently available, reflecting the ongoing need for primary care services in this significant metropolitan hub.
Salary Overview
The average Family Medicine Physicians in New York-Newark-Jersey City, NY-NJ earns-6.5%below the national average.
$116.9
$4,674
$20,254
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Family Medicine Physicians in the New York-Newark-Jersey City, NY-NJ area have experienced steady growth over the past four years, mirroring national trends. Factors such as inflation, increasing healthcare demands, and physician shortages likely contribute to upward pressure on compensation, ensuring that the average salary continues to reflect the value and expertise of these medical practitioners.
Family Medicine Physicians Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for Family Medicine Physicians in this region 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 upper percentiles. Observing the distribution of salaries across different experience levels reveals clear opportunities for career advancement and increased earning potential as one accumulates years of practice and expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $86,310 | $41.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $182,288 | $87.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $243,048 | $116.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $303,813 | $146.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $364,575 | $175.3 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$243,050
Gross Pay
Real Wage (Purchasing Power)
$243,050
Adjusted for COL (100)
The average annual salary of $243,050 for Family Medicine Physicians in New York-Newark-Jersey City, NY-NJ aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a physician's salary in this metropolitan area is equivalent to the national average. While the nominal salary is substantial, the cost of living does not present a significant advantage or disadvantage compared to the rest of the country.
Job Market Context
6,590
Total Jobs
0.704
Per 1K Jobs
1.01
Location Quotient
With a location quotient of 1.01, New York-Newark-Jersey City, NY-NJ has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
With a Location Quotient of 1.01, the job market for Family Medicine Physicians in New York-Newark-Jersey City, NY-NJ is neither exceptionally concentrated nor scarce relative to the national average. This suggests a competitive yet accessible market; while there are many physicians, the demand is also present to support this level of employment. It indicates a healthy balance where physicians can find opportunities without facing extreme competition or an oversupply of professionals.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY Family Medicine Physicians Salary | $195,310↓ 20% | 44 mi |
| Trenton-Princeton, NJ Family Medicine Physicians Salary | $236,650↓ 3% | 52 mi |
| Bridgeport-Stamford-Danbury, CT Family Medicine Physicians Salary | $191,640↓ 21% | 54 mi |
| New Haven, CT Family Medicine Physicians Salary | $282,660↑ 16% | 70 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a Family Medicine Physicians in New York-Newark-Jersey City, NY-NJ is $243,050. This typically ranges from $86,310 for entry-level positions to $364,575 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 6.5% lower than the national median of $259,840.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for Family Medicine Physicians?
Yes, it offers a competitive salary with a national average cost of living.Family Medicine Physicians earn $243,050 annually, which is competitive given the national average cost of living. The stable job market and substantial workforce indicate consistent demand for their services.
Is New York-Newark-Jersey City, NY-NJ a good place to live for Family Medicine Physicians?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($195,310) and Trenton-Princeton, NJ.
How does the salary compare to the national average?
The average salary for Family Medicine Physicians in New York-Newark-Jersey City, NY-NJ is $243,050, which is slightly lower than the national average of $259,840.
What is the cost of living in New York-Newark-Jersey City, NY-NJ for physicians?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100, which is exactly the national average, meaning the purchasing power of salaries is on par with the rest of the country.
How concentrated is the job market for Family Medicine Physicians in this area?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.01, indicating a balanced supply and demand for Family Medicine Physicians.
What is the total number of Family Medicine Physicians in this region?
There are approximately 6,590 Family Medicine Physicians employed in the New York-Newark-Jersey City, NY-NJ 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 6,590 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.704 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 New York-Newark-Jersey City, NY-NJ