Average General Internal Medicine Physicians Salary in Baltimore-Columbia-Towson, MD
General Internal Medicine Physicians in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $269,960. This figure is slightly below the national average of $272,010, suggesting a highly competitive local market. Factors such as the concentration of healthcare facilities and the demand for specialized medical services likely influence this compensation.
Executive Summary
- Average Salary: $269,960 per year.
- Growth Trend: Salaries have shifted 14.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $404,940.
- Outlook: The Baltimore-Columbia-Towson metropolitan area boasts a robust job market for General Internal Medicine Physicians, evidenced by a substantial local workforce of 2,570 professionals. The exceptionally high Location Quotient of 4.44 indicates a significantly higher concentration of these physicians compared to the national average, signaling strong local demand and a specialized healthcare ecosystem.
Salary Overview
The average General Internal Medicine Physicians in Baltimore-Columbia-Towson, MD earns-0.8%below the national average.
$129.8
$5,192
$22,497
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a consistent upward trend in salaries for General Internal Medicine Physicians over the past four years, mirroring national trends. Economic factors, evolving healthcare needs, and inflation typically drive salary growth in specialized medical fields, ensuring that compensation remains competitive.
General Internal Medicine Physicians Salary Distribution in Baltimore-Columbia-Towson, MD
Salary progression for General Internal Medicine Physicians in Baltimore-Columbia-Towson, MD, typically scales significantly with experience. Entry-level physicians can expect to earn at the lower percentiles, while seasoned professionals with extensive experience and specialized skills command salaries in the upper percentiles. The widening gap between these percentile ranges signifies clear career advancement and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $196,840 | $94.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $202,470 | $97.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $269,963 | $129.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $337,450 | $162.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $404,940 | $194.7 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$269,960
Gross Pay
Real Wage (Purchasing Power)
$269,960
Adjusted for COL (100)
The nominal average annual salary of $269,960 for General Internal Medicine Physicians in Baltimore-Columbia-Towson, MD, aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary is equivalent to the national average, offering a stable financial standing for physicians relocating to the area.
Job Market Context
2,570
Total Jobs
1.919
Per 1K Jobs
4.44
Location Quotient
Baltimore-Columbia-Towson, MD has 4.4x the national concentration of General Internal Medicine Physicians jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 4.44, the Baltimore-Columbia-Towson, MD area exhibits a highly concentrated presence of General Internal Medicine Physicians, far exceeding the national average. This suggests a mature and specialized market where demand is strong, but competition among physicians may also be elevated, potentially influencing hiring dynamics and compensation.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area General Internal Medicine Physicians Salary | $303,440↑ 12% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV General Internal Medicine Physicians Salary | $238,620↓ 12% | 35 mi |
| York-Hanover, PA General Internal Medicine Physicians Salary | $231,690↓ 14% | 47 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Baltimore-Columbia-Towson, MD?
The median annual salary for a General Internal Medicine Physicians in Baltimore-Columbia-Towson, MD is $269,960. This typically ranges from $196,840 for entry-level positions to $404,940 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 0.8% lower than the national median of $272,010.
Is Baltimore-Columbia-Towson, MD a lucrative place for General Internal Medicine Physicians?
Yes, it is a financially stable location for General Internal Medicine Physicians.While the average salary is slightly below the national average, the cost of living is also at the national average, making the effective earning potential comparable. The high concentration of physicians indicates strong local demand.
Is Baltimore-Columbia-Towson, MD a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($303,440) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the local salary compare to the national average?
The average annual salary for General Internal Medicine Physicians in Baltimore-Columbia-Towson, MD is $269,960, which is slightly lower than the national average of $272,010.
What is the significance of the Location Quotient (LQ) of 4.44?
An LQ of 4.44 indicates that General Internal Medicine Physicians are over four times more concentrated in the Baltimore-Columbia-Towson, MD area than the national average, suggesting high local demand and a specialized job market.
How does the cost of living affect the salary in Baltimore-Columbia-Towson, MD?
The cost of living in Baltimore-Columbia-Towson, MD is exactly at the national average (100), meaning the $269,960 salary has the same purchasing power as the national average salary.
What is the total workforce size for this role in the area?
There are approximately 2,570 General Internal Medicine Physicians employed in the Baltimore-Columbia-Towson, MD metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,570 employees in the Baltimore-Columbia-Towson, MD area with a job density of 1.919 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for General Internal Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD