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Average Family Medicine Physicians Salary in Waterloo-Cedar Falls, IA

The average salary for a Family Medicine Physicians in Waterloo-Cedar Falls, IA is $279,990. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Waterloo-Cedar Falls, IA is a key hub for this profession, with a job concentration 2.15x higher than average.

Executive Summary

  • Average Salary: $279,990 per year.
  • Growth Trend: Salaries have shifted 41.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $419,985.
  • Outlook: The current demand for Family Medicine Physicianss is stable, with a local workforce of approximately 130 professionals. This role remains a specialized component of the broader Waterloo-Cedar Falls, IA economy.
2024 Market Data

Salary Overview

$279,990

The average Family Medicine Physicians in Waterloo-Cedar Falls, IA earns+7.8%above the national average.

BreakdownBased on 40h/week
Hourly

$134.6

Weekly

$5,384

Monthly

$23,333

Family Medicine Physicians Salary Distribution in Waterloo-Cedar Falls, IA

The earning potential for Family Medicine Physicianss in Waterloo-Cedar Falls, IA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $72,870, while highly experienced professionals can command wages upwards of $419,985.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$72,870$35
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$209,993$101
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$279,989$134.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$349,988$168.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$419,985$201.9

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$279,990

Gross Pay

Real Wage (Purchasing Power)

$279,990

Adjusted for COL (100)

In Waterloo-Cedar Falls, IA, the Cost of Living Index is 100. This increases your effective purchasing power from $279,990 to $279,990.

Job Market Context

130

Total Jobs

1.502

Per 1K Jobs

2.15

Location Quotient

Major Hub

Waterloo-Cedar Falls, IA has 2.1x 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.

130 people work as Family Medicine Physicians in Waterloo-Cedar Falls, IA.

1.502 out of every 1,000 local jobs are Family Medicine Physicians positions — a typical concentration.

Nearby Job Markets

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Waterloo-Cedar Falls, IA?

The median annual salary for a Family Medicine Physicians in Waterloo-Cedar Falls, IA is $279,990. This typically ranges from $72,870 for entry-level positions to $419,985 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterloo-Cedar Falls, IA is 7.8% higher than the national median of $259,840.

Is Waterloo-Cedar Falls, IA a good place for Family Medicine Physicianss?

Yes, Waterloo-Cedar Falls, IA is an excellent location for Family Medicine Physicianss. It offers both higher-than-average salaries ($279,990) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Waterloo-Cedar Falls, IA a good place to live for Family Medicine Physicians?

The Cost of Living Index in Waterloo-Cedar Falls, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterloo-Cedar Falls, IA?

Some top paying nearby cities include Cedar Rapids, IA ($277,230) and Southeast Iowa nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 130 employees in the Waterloo-Cedar Falls, IA area with a job density of 1.502 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.