Average Family Medicine Physicians Salary in Oxnard-Thousand Oaks-Ventura, CA
Family Medicine Physicians in the Oxnard-Thousand Oaks-Ventura, CA area earn an average annual salary of $212,930. This figure is notably below the national average of $259,840, suggesting a localized compensation structure influenced by regional economic factors and demand dynamics. The specific pay scale in this area reflects a unique interplay between the local healthcare market and the overall economic landscape.
Executive Summary
- Average Salary: $212,930 per year.
- Growth Trend: Salaries have shifted 10.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $319,395.
- Outlook: The Oxnard-Thousand Oaks-Ventura, CA region supports a local workforce of 320 Family Medicine Physicians. With a Location Quotient of 1.41, this indicates a higher concentration of these professionals compared to the national average, suggesting a robust demand or a specialized healthcare ecosystem within the area. The presence of nearly one job per thousand workers further underscores the steady need for these essential medical practitioners.
Salary Overview
The average Family Medicine Physicians in Oxnard-Thousand Oaks-Ventura, CA earns-18.1%below the national average.
$102.4
$4,095
$17,744
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 Oxnard-Thousand Oaks-Ventura, CA have experienced growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, physician shortages, and inflation likely contribute to a positive salary trajectory, making the profession increasingly financially rewarding in this locale.
Family Medicine Physicians Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA
Salary progression for Family Medicine Physicians typically scales with experience. Entry-level physicians can expect to earn at the lower end of the pay scale, while those with extensive experience and specialized skills will command higher salaries, often reaching into the upper percentiles. The discernible gaps between salary percentiles signify clear opportunities for career advancement and increased earning potential throughout a physician's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $65,930 | $31.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $159,698 | $76.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $230,000 | $110.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $266,163 | $128 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $319,395 | $153.6 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$212,930
Gross Pay
Real Wage (Purchasing Power)
$212,930
Adjusted for COL (100)
The average annual salary of $212,930 for Family Medicine Physicians in Oxnard-Thousand Oaks-Ventura, CA aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a physician's salary in this region is equivalent to the national average, offering a stable financial standing without significant advantages or disadvantages related to living expenses.
Job Market Context
320
Total Jobs
0.988
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Oxnard-Thousand Oaks-Ventura, CA has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
A Location Quotient of 1.41 for Family Medicine Physicians in Oxnard-Thousand Oaks-Ventura, CA signifies a market where this specialty is more concentrated than the national average. This suggests a potentially competitive environment for new entrants but also indicates a strong presence and established demand for these services within the local healthcare infrastructure. The abundance of professionals relative to national benchmarks points to a mature and specialized job market.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Family Medicine Physicians Salary | $217,390↑ 2% | 55 mi |
| Bakersfield-Delano, CA Family Medicine Physicians Salary | $347,560↑ 63% | 80 mi |
| Santa Maria-Santa Barbara, CA Family Medicine Physicians Salary | $301,320↑ 42% | 88 mi |
Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Oxnard-Thousand Oaks-Ventura, CA?
The median annual salary for a Family Medicine Physicians in Oxnard-Thousand Oaks-Ventura, CA is $212,930. This typically ranges from $65,930 for entry-level positions to $319,395 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 18.1% lower than the national median of $259,840.
Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Family Medicine Physicians?
No, it is not as lucrative as the national average.While the average salary of $212,930 is substantial, it falls below the national average of $259,840. However, the cost of living is also at the national average, meaning the salary's purchasing power is standard.
Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Family Medicine Physicians?
The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($217,390) and Bakersfield-Delano, CA.
How does the concentration of Family Medicine Physicians in Oxnard-Thousand Oaks-Ventura, CA compare nationally?
The Location Quotient of 1.41 indicates that Family Medicine Physicians are 41% more concentrated in Oxnard-Thousand Oaks-Ventura, CA than the national average, suggesting a higher prevalence of this role in the local job market.
What is the total number of Family Medicine Physicians in the Oxnard-Thousand Oaks-Ventura, CA area?
There are approximately 320 Family Medicine Physicians employed within the Oxnard-Thousand Oaks-Ventura, CA metropolitan area.
How many Family Medicine Physician jobs are there per 1,000 workers in Oxnard-Thousand Oaks-Ventura, CA?
In Oxnard-Thousand Oaks-Ventura, CA, there are approximately 0.988 jobs for Family Medicine Physicians per 1,000 workers in the total workforce.
Does experience significantly impact a Family Medicine Physician's salary in this region?
Yes, experience is a key factor in salary determination. Senior Family Medicine Physicians with extensive experience and specialized skills typically earn considerably more than those in entry-level positions, reflecting a standard career progression.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 0.988 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 Oxnard-Thousand Oaks-Ventura, CA