Average Family Medicine Physicians Salary in Reading, PA
Family Medicine Physicians in Reading, PA, earn a substantial average annual salary of $321,170, significantly outpacing the national average of $259,840. This elevated compensation is driven by a strong local demand and a specialized workforce concentration that reflects the unique economic landscape and healthcare needs of the Reading area.
Executive Summary
- Average Salary: $321,170 per year.
- Growth Trend: Salaries have shifted 36.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $481,755.
- Outlook: The job market for Family Medicine Physicians in Reading, PA, appears robust, supported by a local workforce of 420 professionals. The Location Quotient of 3.5 indicates a significantly higher concentration of these physicians compared to the national average, suggesting strong and sustained demand within the region.
Salary Overview
The average Family Medicine Physicians in Reading, PA earns+23.6%above the national average.
$154.4
$6,176
$26,764
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a positive salary growth trend for Family Medicine Physicians in Reading, PA, over the past four years, mirroring national trends of increasing healthcare demand and compensation for specialized medical roles.
Family Medicine Physicians Salary Distribution in Reading, PA
Salary progression for Family Medicine Physicians is typically tied to experience. Entry-level positions will likely command salaries below the $321,170 average, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more, potentially reaching higher percentile brackets.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $199,960 | $96.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $240,878 | $115.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $321,173 | $154.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $401,463 | $193 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $481,755 | $231.6 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$321,170
Gross Pay
Real Wage (Purchasing Power)
$321,170
Adjusted for COL (100)
With an average annual salary of $321,170 and a Cost of Living Index of 100, Family Medicine Physicians in Reading, PA, experience excellent purchasing power. The nominal salary directly translates to the local cost of goods and services, indicating that earnings are highly competitive and provide a strong financial standing within the community.
Job Market Context
420
Total Jobs
2.451
Per 1K Jobs
3.5
Location Quotient
Reading, PA has 3.5x 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.
The Location Quotient of 3.5 for Family Medicine Physicians in Reading, PA, signifies a market with a high concentration of these professionals relative to the national average. This suggests a competitive environment for new entrants but also indicates a well-established and potentially high-demand sector for experienced physicians.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Lebanon, PA Family Medicine Physicians Salary | $254,740↓ 21% | 26 mi |
| Lancaster, PA Family Medicine Physicians Salary | $242,780↓ 24% | 29 mi |
| Allentown-Bethlehem-Easton, PA-NJ Family Medicine Physicians Salary | $266,450↓ 17% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Family Medicine Physicians Salary | $271,390↓ 15% | 48 mi |
| York-Hanover, PA Family Medicine Physicians Salary | $247,060↓ 23% | 50 mi |
Comparing salaries near Reading, PA
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Reading, PA?
The median annual salary for a Family Medicine Physicians in Reading, PA is $321,170. This typically ranges from $199,960 for entry-level positions to $481,755 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Reading, PA is 23.6% higher than the national median of $259,840.
Is Reading, PA a lucrative place for Family Medicine Physicianss?
Yes, Reading, PA is a highly lucrative location for Family Medicine Physicians.The average salary of $321,170 is substantially higher than the national average, and the cost of living is on par with the national index, offering excellent earning potential.
Is Reading, PA a good place to live for Family Medicine Physicians?
The Cost of Living Index in Reading, PA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Reading, PA?
Some top paying nearby cities include Lebanon, PA ($254,740) and Lancaster, PA.
How does the Reading, PA salary compare to the national average?
Family Medicine Physicians in Reading, PA, earn an average of $321,170 annually, which is approximately $61,330 more than the national average of $259,840.
What is the concentration of Family Medicine Physicians in Reading, PA?
Reading, PA has a Location Quotient of 3.5 for Family Medicine Physicians, meaning the concentration of these professionals is 3.5 times higher than the national average.
How does the cost of living in Reading, PA affect the salary?
The cost of living in Reading, PA, is at the national average (index of 100), meaning the high average salary of $321,170 provides significant purchasing power for residents.
What is the total number of Family Medicine Physicians in Reading, PA?
There are approximately 420 Family Medicine Physicians working in the Reading, PA area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Reading, PA area with a job density of 2.451 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 Reading, PA