Average Family Medicine Physicians Salary in Traverse City, MI
The average salary for Family Medicine Physicianss in Traverse City, MI is $198,280. While this is lower than the national average, the cost of living in Traverse City, MI may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $198,280 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $297,420.
- Outlook: The current demand for Family Medicine Physicianss is stable, with a local workforce of approximately 50 professionals. This role remains a specialized component of the broader Traverse City, MI economy.
Salary Overview
The average Family Medicine Physicians in Traverse City, MI earns-23.7%below the national average.
$95.3
$3,813
$16,523
Family Medicine Physicians Salary Trends (2020-2024)
Historical trend data for Family Medicine Physicians in Traverse City, MI is limited, but current market signals indicate a stable demand environment.
Family Medicine Physicians Salary Distribution in Traverse City, MI
The earning potential for Family Medicine Physicianss in Traverse City, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $74,540, while highly experienced professionals can command wages upwards of $297,420.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $74,540 | $35.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $148,710 | $71.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $172,840 | $83.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $247,850 | $119.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $297,420 | $143 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$198,280
Gross Pay
Real Wage (Purchasing Power)
$198,280
Adjusted for COL (100)
In Traverse City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $198,280 to $198,280.
Job Market Context
50
Total Jobs
0.809
Per 1K Jobs
1.16
Location Quotient
With a location quotient of 1.16, Traverse City, MI has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
50 people work as Family Medicine Physicians in Traverse City, MI.
Only 0.809 out of every 1,000 local jobs are Family Medicine Physicians roles — this is a niche profession in the area.
Nearby Job Markets
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Traverse City, MI?
The median annual salary for a Family Medicine Physicians in Traverse City, MI is $198,280. This typically ranges from $74,540 for entry-level positions to $297,420 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Traverse City, MI is 23.7% lower than the national median of $259,840.
Is Traverse City, MI a good place for Family Medicine Physicianss?
It depends on your priorities. While the average Family Medicine Physicians salary in Traverse City, MI is $198,280 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Traverse City, MI. See distinct detailed breakdown below.
Is Traverse City, MI a good place to live for Family Medicine Physicians?
The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 50 employees in the Traverse City, MI area with a job density of 0.809 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Family Medicine Physicians Salaries by State
Top Jobs in Traverse City, MI
- All Occupations Salary in Traverse City, MI
- Office and Administrative Support Occupations Salary in Traverse City, MI
- Food Preparation and Serving Related Occupations Salary in Traverse City, MI
- Sales and Related Occupations Salary in Traverse City, MI
- Healthcare Practitioners and Technical Occupations Salary in Traverse City, MI
- Transportation and Material Moving Occupations Salary in Traverse City, MI
- Management Occupations Salary in Traverse City, MI
- Production Occupations Salary in Traverse City, MI
- Construction and Extraction Occupations Salary in Traverse City, MI
- Business and Financial Operations Occupations Salary in Traverse City, MI
- Browse All Jobs in Traverse City, MI →
Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Traverse City, MI