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Average Family Medicine Physicians Salary in Northern New Mexico nonmetropolitan area

Yes, Northern New Mexico nonmetropolitan area is a highly lucrative market for Family Medicine Physicianss. With an average annual salary of $307,040, professionals here earn significantly more than the national norm. Notably, Northern New Mexico nonmetropolitan area is a key hub for this profession, with a job concentration 1.98x higher than average.

Executive Summary

  • Average Salary: $307,040 per year.
  • Growth Trend: Salaries have shifted 54.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $460,560.
  • Outlook: The current demand for Family Medicine Physicianss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Northern New Mexico nonmetropolitan area economy.
2024 Market Data

Salary Overview

$307,040

The average Family Medicine Physicians in Northern New Mexico nonmetropolitan area earns+18.2%above the national average.

BreakdownBased on 40h/week
Hourly

$147.6

Weekly

$5,905

Monthly

$25,587

Family Medicine Physicians Salary Distribution in Northern New Mexico nonmetropolitan area

The earning potential for Family Medicine Physicianss in Northern New Mexico nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $124,990, while highly experienced professionals can command wages upwards of $460,560.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$124,990$60.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$230,280$110.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$307,029$147.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$383,800$184.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$460,560$221.4

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$307,040

Gross Pay

Real Wage (Purchasing Power)

$307,040

Adjusted for COL (100)

In Northern New Mexico nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $307,040 to $307,040.

Job Market Context

110

Total Jobs

1.385

Per 1K Jobs

1.98

Location Quotient

Major Hub

Northern New Mexico nonmetropolitan area has 2.0x the national concentration of Family Medicine Physicians jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

110 people work as Family Medicine Physicians in Northern New Mexico nonmetropolitan area.

1.385 out of every 1,000 local jobs are Family Medicine Physicians positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

CitySalaryDist.
Albuquerque, NM Family Medicine Physicians Salary$247,760 19%29 mi

Comparing salaries near Northern New Mexico nonmetropolitan area

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Northern New Mexico nonmetropolitan area?

The median annual salary for a Family Medicine Physicians in Northern New Mexico nonmetropolitan area is $307,040. This typically ranges from $124,990 for entry-level positions to $460,560 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northern New Mexico nonmetropolitan area is 18.2% higher than the national median of $259,840.

Is Northern New Mexico nonmetropolitan area a good place for Family Medicine Physicianss?

Yes, Northern New Mexico nonmetropolitan area is an excellent location for Family Medicine Physicianss. It offers both higher-than-average salaries ($307,040) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Northern New Mexico nonmetropolitan area a good place to live for Family Medicine Physicians?

The Cost of Living Index in Northern New Mexico nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northern New Mexico nonmetropolitan area?

Some top paying nearby cities include Albuquerque, NM ($247,760) and others.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Northern New Mexico nonmetropolitan area area with a job density of 1.385 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.