Average Family Medicine Physicians Salary in Rhode Island
Family Medicine Physicians in Rhode Island earn an average annual salary of $244,270, which is slightly below the national average of $259,840. This localized compensation is influenced by a variety of factors, including the specific healthcare needs of the state's population, the demand for primary care services, and the overall economic landscape of Rhode Island.
Executive Summary
- Average Salary: $244,270 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $366,405.
- Outlook: With a total local workforce of 280 Family Medicine Physicians and a Location Quotient of 0.81, Rhode Island presents a moderately concentrated but stable job market for this specialty. The concentration suggests a slightly lower presence compared to the national average, indicating a steady demand that aligns with the existing workforce size.
Salary Overview
The average Family Medicine Physicians in Rhode Island earns-6.0%below the national average.
$117.4
$4,698
$20,356
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Family Medicine Physicians in Rhode Island have experienced consistent growth over the past four years, mirroring national trends. This growth is typically driven by increasing healthcare demands, physician shortages in certain areas, and the rising cost of medical education and practice overhead.
Family Medicine Physicians Salary Distribution in Rhode Island
Salary progression for Family Medicine Physicians in Rhode Island typically sees a significant increase with experience. Entry-level positions might start at the lower percentiles, while seasoned physicians with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting their accumulated expertise and value to healthcare institutions.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $109,860 | $52.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $183,203 | $88.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $216,220 | $104 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $305,338 | $146.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $366,405 | $176.2 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$244,270
Gross Pay
Real Wage (Purchasing Power)
$218,098
Adjusted for COL (112)
The average annual salary of $244,270 in Rhode Island must be considered alongside its Cost of Living Index of 112. This index indicates that living expenses are approximately 12% higher than the national average. Therefore, while the nominal salary is substantial, its purchasing power is somewhat diminished by the elevated cost of goods and services in the state.
Job Market Context
280
Total Jobs
0.57
Per 1K Jobs
0.81
Location Quotient
Rhode Island has 0.81x the national average concentration of Family Medicine Physicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
Rhode Island's Location Quotient of 0.81 for Family Medicine Physicians suggests that the specialty is slightly less concentrated than the national average. This indicates that while the market is not oversaturated, there is a stable presence of these professionals, implying a balanced demand and supply dynamic within the state's healthcare system.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Family Medicine Physicians Salary | $246,160↑ 1% | 11 mi |
| Massachusetts nonmetropolitan area Family Medicine Physicians Salary | $332,850↑ 36% | 38 mi |
| Worcester, MA Family Medicine Physicians Salary | $246,360↑ 1% | 43 mi |
| Boston-Cambridge-Newton, MA-NH Family Medicine Physicians Salary | $304,380↑ 25% | 49 mi |
Comparing salaries near Rhode Island
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Rhode Island?
The median annual salary for a Family Medicine Physicians in Rhode Island is $244,270. This typically ranges from $109,860 for entry-level positions to $366,405 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 6.0% lower than the national median of $259,840.
Is Rhode Island a lucrative place for Family Medicine Physicians?
Yes, with considerations.The average salary of $244,270 is competitive, though slightly below the national average. However, the higher cost of living requires careful financial planning.
Is Rhode Island a good place to live for Family Medicine Physicians?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($246,160) and Massachusetts nonmetropolitan area.
How does Rhode Island's average salary compare to the national average for Family Medicine Physicians?
Family Medicine Physicians in Rhode Island earn an average of $244,270 annually, which is approximately $15,570 less than the national average of $259,840.
What is the concentration of Family Medicine Physicians in Rhode Island?
The Location Quotient for Family Medicine Physicians in Rhode Island is 0.81, indicating that the concentration of these professionals is slightly lower than the national average.
How does the cost of living in Rhode Island affect the physician's salary?
Rhode Island has a Cost of Living Index of 112, meaning it is 12% more expensive to live there than the national average. This higher cost of living reduces the effective purchasing power of the $244,270 average salary.
What is the total number of Family Medicine Physicians employed in Rhode Island?
There are approximately 280 Family Medicine Physicians employed in Rhode Island, representing 0.57 jobs per 1,000 workers in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Rhode Island area with a job density of 0.57 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 Rhode Island