Average Family Medicine Physicians Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Family Medicine Physicians in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area earn an impressive average annual salary of $271,390. This figure notably surpasses the national average of $259,840, indicating a strong local demand and compensation structure for these essential healthcare professionals. The specific economic dynamics and healthcare needs within this metropolitan region contribute to this elevated pay.
Executive Summary
- Average Salary: $271,390 per year.
- Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $407,085.
- Outlook: The local job market for Family Medicine Physicians in Philadelphia-Camden-Wilmington appears robust, evidenced by a total local workforce of 2,740 individuals in this role. The concentration, measured by a Location Quotient of 1.37, suggests that this profession is more prevalent here than the national average, pointing to a healthy and potentially growing demand for their services within the region.
Salary Overview
The average Family Medicine Physicians in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+4.4%above the national average.
$130.5
$5,219
$22,616
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the compensation for Family Medicine Physicians in the Philadelphia-Camden-Wilmington area has seen consistent growth over the past four years, mirroring national trends in healthcare. Factors such as increasing healthcare needs, physician shortages, and inflation likely contribute to an upward trajectory in salaries, ensuring competitive remuneration for practitioners.
Family Medicine Physicians Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Salary progression for Family Medicine Physicians typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more. The percentile gaps in salary data, though not detailed here, would signify clear career progression pathways and the financial rewards associated with advancing in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $121,890 | $58.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $203,543 | $97.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $271,398 | $130.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $339,238 | $163.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $407,085 | $195.7 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$271,390
Gross Pay
Real Wage (Purchasing Power)
$271,390
Adjusted for COL (100)
The average annual salary of $271,390 for Family Medicine Physicians in Philadelphia-Camden-Wilmington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a physician's salary in this region is equivalent to the national standard, offering a stable financial environment without the added pressure of a high cost of living.
Job Market Context
2,740
Total Jobs
0.956
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
With a Location Quotient of 1.37, the Philadelphia-Camden-Wilmington area demonstrates a higher concentration of Family Medicine Physicians compared to the national average. This suggests a competitive market where demand is strong enough to support a larger-than-average pool of professionals, potentially leading to more job opportunities but also requiring practitioners to be highly skilled and competitive.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Trenton-Princeton, NJ Family Medicine Physicians Salary | $236,650↓ 13% | 28 mi |
| Vineland, NJ Family Medicine Physicians Salary | $238,340↓ 12% | 35 mi |
| Allentown-Bethlehem-Easton, PA-NJ Family Medicine Physicians Salary | $266,450↓ 2% | 47 mi |
| Sussex Delaware nonmetropolitan area Family Medicine Physicians Salary | $262,100↓ 3% | 47 mi |
| Reading, PA Family Medicine Physicians Salary | $321,170↑ 18% | 48 mi |
Comparing salaries near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median annual salary for a Family Medicine Physicians in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $271,390. This typically ranges from $121,890 for entry-level positions to $407,085 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 4.4% higher than the national median of $259,840.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Family Medicine Physicianss?
Yes, it is a lucrative area for Family Medicine Physicians.Family Medicine Physicians earn an average of $271,390 annually, which is above the national average, and the cost of living is at the national average, making it financially advantageous.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Family Medicine Physicians?
The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
Some top paying nearby cities include Trenton-Princeton, NJ ($236,650) and Vineland, NJ.
How does the local salary compare to the national average?
The average annual salary for Family Medicine Physicians in Philadelphia-Camden-Wilmington is $271,390, which is $11,550 higher than the national average of $259,840.
What is the concentration of Family Medicine Physicians in this area?
The Location Quotient for Family Medicine Physicians is 1.37, indicating that the profession is 37% more concentrated in Philadelphia-Camden-Wilmington than the national average.
How does the cost of living affect the salary?
The cost of living in Philadelphia-Camden-Wilmington is exactly at the national average (100), meaning the $271,390 salary has the same purchasing power as the national average salary.
How many Family Medicine Physicians work in this region?
There are approximately 2,740 Family Medicine Physicians employed within the Philadelphia-Camden-Wilmington 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 2,740 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 0.956 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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD