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Average Family Medicine Physicians Salary in Oklahoma

Family Medicine Physicians in Oklahoma earn an average annual salary of $253,090. This figure is slightly below the national average of $259,840, suggesting that while demand exists, it may not command the absolute highest compensation compared to other states. Local economic factors and the specific healthcare landscape within Oklahoma likely influence this pay scale.

Executive Summary

  • Average Salary: $253,090 per year.
  • Growth Trend: Salaries have shifted 18.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $379,635.
  • Outlook: With a local workforce of 2,780 Family Medicine Physicians, Oklahoma demonstrates a substantial presence in this medical specialty. The Location Quotient of 2.35 indicates a significantly higher concentration of these professionals compared to the national average, pointing towards robust demand and a potentially stable job market for these physicians within the state.
2024 Market Data

Salary Overview

$253,090

The average Family Medicine Physicians in Oklahoma earns-2.6%below the national average.

BreakdownBased on 40h/week
Hourly

$121.7

Weekly

$4,867

Monthly

$21,091

Family Medicine Physicians Salary Distribution in Oklahoma

Salary progression for Family Medicine Physicians in Oklahoma, as elsewhere, is strongly tied to experience. Entry-level physicians can expect compensation at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills will command significantly higher salaries. The variance between the 25th and 75th percentiles highlights the substantial earning potential as physicians advance in their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$71,990$34.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$189,818$91.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$219,220$105.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$316,363$152.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$379,635$182.5

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$253,090

Gross Pay

Real Wage (Purchasing Power)

$294,291

Adjusted for COL (86)

The average annual salary of $253,090 in Oklahoma presents a favorable financial situation when considering the local cost of living. With a Cost of Living Index of 86, Oklahoma is notably more affordable than the national average (100). This means the nominal salary offers a stronger purchasing power, allowing physicians to maintain a comfortable lifestyle and potentially save more than they might in higher-cost-of-living regions.

Job Market Context

2,780

Total Jobs

1.642

Per 1K Jobs

2.35

Location Quotient

Major Hub

Oklahoma has 2.4x 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.

Oklahoma's Location Quotient of 2.35 for Family Medicine Physicians signifies a market with a concentration more than double the national average. This suggests a highly developed presence of these specialists, indicating a competitive environment for new entrants but also a strong network and potentially ample opportunities for collaboration and patient access within the state's healthcare system.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

CitySalaryDist.
Tulsa, OK Family Medicine Physicians Salary$275,940 9%69 mi

Comparing salaries near Oklahoma

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Oklahoma?

The median annual salary for a Family Medicine Physicians in Oklahoma is $253,090. This typically ranges from $71,990 for entry-level positions to $379,635 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Oklahoma is 2.6% lower than the national median of $259,840.

Is Oklahoma a lucrative place for Family Medicine Physicians?

Yes, with a caveat regarding cost of living.Oklahoma offers a competitive salary of $253,090, which, combined with a cost of living index of 86, provides significant purchasing power. The high concentration of physicians (LQ 2.35) also indicates strong demand.

Is Oklahoma a good place to live for Family Medicine Physicians?

With a Cost of Living Index of 86 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Oklahoma?

Some top paying nearby cities include Tulsa, OK ($275,940) and others.

How does Oklahoma's average salary compare to the national average for Family Medicine Physicians?

The average annual salary for Family Medicine Physicians in Oklahoma is $253,090, which is slightly lower than the national average of $259,840.

What is the concentration of Family Medicine Physicians in Oklahoma?

Oklahoma has a Location Quotient of 2.35 for Family Medicine Physicians, indicating that the concentration of these professionals is more than double the national average.

How does the cost of living in Oklahoma affect the physician's salary?

With a Cost of Living Index of 86 (compared to the national average of 100), Oklahoma is more affordable, meaning the $253,090 salary offers greater purchasing power than it might in more expensive states.

What does the job market look like for Family Medicine Physicians in Oklahoma?

The job market appears robust, with a significant local workforce of 2,780 physicians and a high concentration (LQ 2.35), suggesting consistent demand and a well-established presence of the specialty.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,780 employees in the Oklahoma area with a job density of 1.642 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.