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Average Family Medicine Physicians Salary in Wisconsin

Family Medicine Physicians in Wisconsin earn an impressive average annual salary of $293,630, significantly surpassing the national average of $259,840. This elevated compensation reflects the state's specific healthcare demands and the value placed on these essential medical professionals within the local economy.

Executive Summary

  • Average Salary: $293,630 per year.
  • Growth Trend: Salaries have shifted 15.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $440,445.
  • Outlook: With a local workforce of 1,510 Family Medicine Physicians, Wisconsin presents a stable job market for these professionals. The location quotient of 0.74 suggests a slightly lower concentration compared to the national average, indicating a steady demand that aligns with the number of practitioners present.
2024 Market Data

Salary Overview

$293,630

The average Family Medicine Physicians in Wisconsin earns+13.0%above the national average.

BreakdownBased on 40h/week
Hourly

$141.2

Weekly

$5,647

Monthly

$24,469

Family Medicine Physicians Salary Distribution in Wisconsin

Career progression for Family Medicine Physicians in Wisconsin is typically marked by significant salary increases with experience. Entry-level physicians can expect to earn at the lower end of the spectrum, while seasoned professionals with extensive experience and specialized skills command higher salaries, often reflected in the upper percentiles of the pay scale.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$150,540$72.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$220,223$105.9
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$293,634$141.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$367,038$176.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$440,445$211.8

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$293,630

Gross Pay

Real Wage (Purchasing Power)

$319,510

Adjusted for COL (91.9)

The average annual salary of $293,630 in Wisconsin offers substantial purchasing power, especially when contrasted with the state's Cost of Living Index of 91.9, which is below the national average of 100. This means that the nominal salary translates into a higher real income, allowing physicians to enjoy a better standard of living.

Job Market Context

1,510

Total Jobs

0.515

Per 1K Jobs

0.74

Location Quotient

Below Average

Wisconsin has 0.74x the national average concentration of Family Medicine Physicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A location quotient of 0.74 indicates that Family Medicine Physicians are slightly less concentrated in Wisconsin compared to the national average. This suggests a potentially competitive market for employers seeking to fill positions, but also a healthy environment for physicians seeking employment opportunities without being overly saturated.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

Comparing salaries near Wisconsin

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Wisconsin?

The median annual salary for a Family Medicine Physicians in Wisconsin is $293,630. This typically ranges from $150,540 for entry-level positions to $440,445 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wisconsin is 13.0% higher than the national median of $259,840.

Is Wisconsin a lucrative place for Family Medicine Physicianss?

Yes, Wisconsin offers a lucrative environment for Family Medicine Physicians.The average salary of $293,630 significantly exceeds the national average, and the lower cost of living further enhances the financial attractiveness for these professionals.

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

With a Cost of Living Index of 91.9 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Wisconsin?

Some top paying nearby cities include Oshkosh-Neenah, WI ($294,890) and Fond du Lac, WI.

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

Family Medicine Physicians in Wisconsin earn an average of $293,630 annually, which is approximately $33,800 more than the national average of $259,840.

What is the concentration of Family Medicine Physicians in Wisconsin relative to the rest of the country?

Wisconsin has a location quotient of 0.74 for Family Medicine Physicians, indicating a slightly lower concentration of these professionals compared to the national average.

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

With a Cost of Living Index of 91.9, Wisconsin is more affordable than the national average. This means the $293,630 salary provides greater purchasing power for physicians residing in the state.

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

There are approximately 1,510 Family Medicine Physicians working within Wisconsin.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,510 employees in the Wisconsin area with a job density of 0.515 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.