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Average Family Medicine Physicians Salary in St. Louis, MO-IL

Family Medicine Physicians in St. Louis, MO-IL earn an impressive average annual salary of $303,890, significantly exceeding the national average of $259,840. This elevated compensation reflects the specific demands and economic landscape of the St. Louis metropolitan area, influencing the value placed on these essential healthcare professionals.

Executive Summary

  • Average Salary: $303,890 per year.
  • Growth Trend: Salaries have shifted 72.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $455,835.
  • Outlook: The St. Louis, MO-IL job market for Family Medicine Physicians, while not exceptionally concentrated with a Location Quotient of 0.43, supports a local workforce of 400 individuals. This indicates a stable, albeit not rapidly expanding, demand for these professionals within the region, suggesting a consistent need for their services rather than a hyper-competitive market.
2024 Market Data

Salary Overview

$303,890

The average Family Medicine Physicians in St. Louis, MO-IL earns+17.0%above the national average.

BreakdownBased on 40h/week
Hourly

$146.1

Weekly

$5,844

Monthly

$25,324

Family Medicine Physicians Salary Distribution in St. Louis, MO-IL

Career progression for Family Medicine Physicians in St. Louis, MO-IL is typically marked by increasing earning potential. Entry-level physicians can expect salaries at the lower end of the spectrum, while those with extensive experience, specialized skills, or leadership roles will command higher compensation, with significant percentile gaps illustrating this career advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$152,910$73.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$227,918$109.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$303,888$146.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$379,863$182.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$455,835$219.2

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$303,890

Gross Pay

Real Wage (Purchasing Power)

$303,890

Adjusted for COL (100)

With an average annual salary of $303,890 and a Cost of Living Index at the national average of 100, Family Medicine Physicians relocating to St. Louis, MO-IL can expect their nominal earnings to directly translate to purchasing power. This indicates a balanced economic environment where high salaries are well-supported by the local cost of goods and services.

Job Market Context

400

Total Jobs

0.302

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, St. Louis, MO-IL has a notably lower concentration of Family Medicine Physicians jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.43 for Family Medicine Physicians in St. Louis, MO-IL suggests that the profession is less concentrated locally compared to the national average. This implies that while there is a solid base of 400 physicians, the market is not saturated, potentially offering good opportunities for new entrants or those seeking to establish their practice.

Nearby Job Markets

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in St. Louis, MO-IL?

The median annual salary for a Family Medicine Physicians in St. Louis, MO-IL is $303,890. This typically ranges from $152,910 for entry-level positions to $455,835 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in St. Louis, MO-IL is 17.0% higher than the national median of $259,840.

Is St. Louis, MO-IL a lucrative place for Family Medicine Physicians?

Yes, St. Louis, MO-IL is a lucrative place for Family Medicine Physicians.The average salary of $303,890 significantly surpasses the national average, and the cost of living is at the national benchmark, indicating strong earning potential.

Is St. Louis, MO-IL a good place to live for Family Medicine Physicians?

The Cost of Living Index in St. Louis, MO-IL is 100. While higher than average, this often correlates with higher wages.

How does the St. Louis physician salary compare to the national average?

Family Medicine Physicians in St. Louis, MO-IL earn an average of $303,890 annually, which is approximately $44,050 higher than the national average of $259,840.

What is the concentration of Family Medicine Physicians in St. Louis, MO-IL?

The concentration, measured by the Location Quotient, is 0.43, meaning the profession is less common in St. Louis compared to the national average.

How does the cost of living in St. Louis, MO-IL affect physician salaries?

The Cost of Living Index is 100, which is the national average. This means the higher-than-average salary in St. Louis offers strong purchasing power without being diminished by a high cost of living.

What is the total number of Family Medicine Physicians in St. Louis, MO-IL?

There are approximately 400 Family Medicine Physicians employed within the St. Louis, MO-IL 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 400 employees in the St. Louis, MO-IL area with a job density of 0.302 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.