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Average Family Medicine Physicians Salary in Owensboro, KY

The average salary for a Family Medicine Physicians in Owensboro, KY is $245,000. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $245,000 per year.
  • Growth Trend: Salaries have shifted 26.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $367,500.
  • Outlook: The current demand for Family Medicine Physicianss is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Owensboro, KY economy.
2024 Market Data

Salary Overview

$245,000

The average Family Medicine Physicians in Owensboro, KY earns-5.7%below the national average.

BreakdownBased on 40h/week
Hourly

$117.8

Weekly

$4,712

Monthly

$20,417

Family Medicine Physicians Salary Distribution in Owensboro, KY

The earning potential for Family Medicine Physicianss in Owensboro, KY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $118,650, while highly experienced professionals can command wages upwards of $367,500.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$118,650$57
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$183,750$88.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$216,650$104.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$306,250$147.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$367,500$176.7

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$245,000

Gross Pay

Real Wage (Purchasing Power)

$245,000

Adjusted for COL (100)

In Owensboro, KY, the Cost of Living Index is 100. This increases your effective purchasing power from $245,000 to $245,000.

Job Market Context

40

Total Jobs

0.765

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Owensboro, KY has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.

40 people work as Family Medicine Physicians in Owensboro, KY.

Only 0.765 out of every 1,000 local jobs are Family Medicine Physicians roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Owensboro, KY

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Owensboro, KY?

The median annual salary for a Family Medicine Physicians in Owensboro, KY is $245,000. This typically ranges from $118,650 for entry-level positions to $367,500 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Owensboro, KY is 5.7% lower than the national median of $259,840.

Is Owensboro, KY a good place for Family Medicine Physicianss?

It depends on your priorities. While the average Family Medicine Physicians salary in Owensboro, KY is $245,000 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Owensboro, KY. See distinct detailed breakdown below.

Is Owensboro, KY a good place to live for Family Medicine Physicians?

The Cost of Living Index in Owensboro, KY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Owensboro, KY?

Some top paying nearby cities include Clarksville, TN-KY ($257,290) 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 40 employees in the Owensboro, KY area with a job density of 0.765 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.