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.
Salary Overview
The average Family Medicine Physicians in Waterloo-Cedar Falls, IA earns+7.8%above the national average.
$134.6
$5,384
$23,333
Family Medicine Physicians Salary Trends (2020-2024)
Over the past 4 years, Family Medicine Physicians salaries in Waterloo-Cedar Falls, IA have experienced a rapid surge, growing by 41.3%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
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 Level | Market Percentile | Annual Wage | Hourly 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
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
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Cedar Rapids, IA Family Medicine Physicians Salary | $277,230↓ 1% | 50 mi |
| Southeast Iowa nonmetropolitan area Family Medicine Physicians Salary | $289,840↑ 4% | 55 mi |
| Northwest Iowa nonmetropolitan area Family Medicine Physicians Salary | $257,130↓ 8% | 55 mi |
| Northeast Iowa nonmetropolitan area Family Medicine Physicians Salary | $273,320↓ 2% | 55 mi |
| Southwest Iowa nonmetropolitan area Family Medicine Physicians Salary | $308,450↑ 10% | 55 mi |
Comparing salaries near Waterloo-Cedar Falls, IA
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.
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Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Waterloo-Cedar Falls, IA