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Average Family Medicine Physicians Salary in Tennessee

Family Medicine Physicians in Tennessee earn an average annual salary of $256,650, a figure slightly below the national average of $259,840. This marginal difference is often influenced by the state's unique economic landscape and the specific demand dynamics within its healthcare sector, which can lead to variations in compensation even for highly sought-after roles.

Executive Summary

  • Average Salary: $256,650 per year.
  • Growth Trend: Salaries have shifted 18.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $384,975.
  • Outlook: With a local workforce of 2,520 Family Medicine Physicians, Tennessee demonstrates a significant concentration of these professionals, as indicated by a Location Quotient of 1.1. This suggests a robust and established presence of these specialists within the state, pointing towards a stable demand for their services to meet the healthcare needs of the population.
2024 Market Data

Salary Overview

$256,650

The average Family Medicine Physicians in Tennessee earns-1.2%below the national average.

BreakdownBased on 40h/week
Hourly

$123.4

Weekly

$4,936

Monthly

$21,388

Family Medicine Physicians Salary Distribution in Tennessee

The career trajectory for Family Medicine Physicians in Tennessee typically involves significant salary increases with experience. Entry-level physicians may start at a lower percentile, while seasoned professionals with a decade or more of experience can command salaries in the higher percentiles. These percentile gaps clearly signify the substantial career progression and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$104,000$50
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$192,488$92.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$229,050$110.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$320,813$154.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$384,975$185.1

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$256,650

Gross Pay

Real Wage (Purchasing Power)

$283,905

Adjusted for COL (90.4)

The average annual salary of $256,650 in Tennessee offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 90.4. This index is notably below the national average of 100, meaning that the nominal salary translates into a higher real income, allowing physicians to enjoy a better standard of living and greater financial flexibility.

Job Market Context

2,520

Total Jobs

0.771

Per 1K Jobs

1.1

Location Quotient

Above Average

With a location quotient of 1.10, Tennessee has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.

A Location Quotient of 1.1 indicates that Family Medicine Physicians are slightly more concentrated in Tennessee than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market. While there is a strong presence of these professionals, the demand likely keeps pace, offering competitive opportunities for both new entrants and experienced practitioners.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Tennessee

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Frequently Asked Questions

How much does a Family Medicine Physicians make in Tennessee?

The median annual salary for a Family Medicine Physicians in Tennessee is $256,650. This typically ranges from $104,000 for entry-level positions to $384,975 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tennessee is 1.2% lower than the national median of $259,840.

Is Tennessee a lucrative place for Family Medicine Physicians?

Yes, Tennessee offers a lucrative environment for Family Medicine Physicians.The average salary of $256,650, combined with a cost of living below the national average, provides excellent earning potential and financial well-being for physicians in the state.

Is Tennessee a good place to live for Family Medicine Physicians?

With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Tennessee?

Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($204,350) and Clarksville, TN-KY.

How does Tennessee's average salary compare to the national average for Family Medicine Physicians?

The average annual salary for Family Medicine Physicians in Tennessee is $256,650, which is slightly lower than the national average of $259,840.

What is the total number of Family Medicine Physicians employed in Tennessee?

There are approximately 2,520 Family Medicine Physicians employed within the state of Tennessee.

Does the concentration of Family Medicine Physicians in Tennessee indicate a competitive job market?

With a Location Quotient of 1.1, Family Medicine Physicians are slightly more concentrated in Tennessee than the national average, suggesting a robust but balanced job market with steady demand.

How does the cost of living in Tennessee affect the purchasing power of a Family Medicine Physician's salary?

Tennessee's Cost of Living Index of 90.4, which is below the national average, means that the average salary of $256,650 provides greater purchasing power and a higher standard of living for physicians compared to areas with a higher cost of living.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,520 employees in the Tennessee area with a job density of 0.771 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.