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Average General Internal Medicine Physicians Salary in Binghamton, NY

The average salary for a General Internal Medicine Physicians in Binghamton, NY is $282,950. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Binghamton, NY is a key hub for this profession, with a job concentration 1.43x higher than average.

Executive Summary

  • Average Salary: $282,950 per year.
  • Growth Trend: Salaries have shifted 34.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $424,425.
  • Outlook: The current demand for General Internal Medicine Physicianss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Binghamton, NY economy.
2024 Market Data

Salary Overview

$282,950

The average General Internal Medicine Physicians in Binghamton, NY earns+4.0%above the national average.

BreakdownBased on 40h/week
Hourly

$136

Weekly

$5,441

Monthly

$23,579

General Internal Medicine Physicians Salary Distribution in Binghamton, NY

The earning potential for General Internal Medicine Physicianss in Binghamton, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $140,280, while highly experienced professionals can command wages upwards of $424,425.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$140,280$67.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$212,213$102
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$282,963$136
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$353,688$170
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$424,425$204.1

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$282,950

Gross Pay

Real Wage (Purchasing Power)

$282,950

Adjusted for COL (100)

In Binghamton, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $282,950 to $282,950.

Job Market Context

60

Total Jobs

0.616

Per 1K Jobs

1.43

Location Quotient

Above Average

With a location quotient of 1.43, Binghamton, NY has a slightly higher-than-average concentration of General Internal Medicine Physicians roles compared to the national norm.

60 people work as General Internal Medicine Physicians in Binghamton, NY.

Only 0.616 out of every 1,000 local jobs are General Internal Medicine Physicians roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for General Internal Medicine Physicians

Comparing salaries near Binghamton, NY

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Binghamton, NY?

The median annual salary for a General Internal Medicine Physicians in Binghamton, NY is $282,950. This typically ranges from $140,280 for entry-level positions to $424,425 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Binghamton, NY is 4.0% higher than the national median of $272,010.

Is Binghamton, NY a good place for General Internal Medicine Physicianss?

Yes, Binghamton, NY is an excellent location for General Internal Medicine Physicianss. It offers both higher-than-average salaries ($282,950) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Binghamton, NY a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Binghamton, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Binghamton, NY?

Some top paying nearby cities include Elmira, NY ($222,360) and Southwest New York 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 60 employees in the Binghamton, NY area with a job density of 0.616 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.