Average General Internal Medicine Physicians Salary in Bridgeport-Stamford-Danbury, CT
General Internal Medicine Physicians in the Bridgeport-Stamford-Danbury, CT area earn an impressive average annual salary of $285,270. This figure significantly surpasses the national average of $272,010, indicating a premium for medical expertise in this specific Connecticut region. Factors such as the concentration of healthcare facilities and the demand for specialized medical services likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $285,270 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $427,905.
- Outlook: The local job market for General Internal Medicine Physicians in Bridgeport-Stamford-Danbury, CT, appears robust with a total workforce of 250 professionals. The Location Quotient of 1.47 suggests a higher concentration of these physicians compared to the national average, implying consistent demand and a stable job environment within the region.
Salary Overview
The average General Internal Medicine Physicians in Bridgeport-Stamford-Danbury, CT earns+4.9%above the national average.
$137.2
$5,486
$23,773
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the demand for skilled General Internal Medicine Physicians has led to a steady upward trend in salaries over the past four years across most major metropolitan areas, including Bridgeport-Stamford-Danbury, CT. This growth is driven by an aging population and increasing healthcare needs.
General Internal Medicine Physicians Salary Distribution in Bridgeport-Stamford-Danbury, CT
Salary progression for General Internal Medicine Physicians typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior-level compensation reflects significant career growth and increased responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $81,880 | $39.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $213,953 | $102.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $285,272 | $137.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $356,588 | $171.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $427,905 | $205.7 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$285,270
Gross Pay
Real Wage (Purchasing Power)
$285,270
Adjusted for COL (100)
For General Internal Medicine Physicians considering a move to Bridgeport-Stamford-Danbury, CT, the nominal salary of $285,270 aligns perfectly with the national average cost of living (100). This means that the purchasing power of their earnings in this area is comparable to the national average, offering a stable financial outlook without the immediate pressure of higher living expenses.
Job Market Context
250
Total Jobs
0.634
Per 1K Jobs
1.47
Location Quotient
With a location quotient of 1.47, Bridgeport-Stamford-Danbury, CT has a slightly higher-than-average concentration of General Internal Medicine Physicians roles compared to the national norm.
With a Location Quotient of 1.47, the Bridgeport-Stamford-Danbury, CT area exhibits a notable concentration of General Internal Medicine Physicians relative to the national average. This suggests a competitive yet potentially abundant market, where employers may actively seek experienced professionals, and opportunities for specialization could be more readily available.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| New Haven, CT General Internal Medicine Physicians Salary | $272,730↓ 4% | 16 mi |
| Waterbury-Shelton, CT General Internal Medicine Physicians Salary | $300,540↑ 5% | 27 mi |
| Hartford-West Hartford-East Hartford, CT General Internal Medicine Physicians Salary | $102,730↓ 64% | 48 mi |
| Kiryas Joel-Poughkeepsie-Newburgh, NY General Internal Medicine Physicians Salary | $230,960↓ 19% | 51 mi |
Comparing salaries near Bridgeport-Stamford-Danbury, CT
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Bridgeport-Stamford-Danbury, CT?
The median annual salary for a General Internal Medicine Physicians in Bridgeport-Stamford-Danbury, CT is $285,270. This typically ranges from $81,880 for entry-level positions to $427,905 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Bridgeport-Stamford-Danbury, CT is 4.9% higher than the national median of $272,010.
Is Bridgeport-Stamford-Danbury, CT a lucrative place for General Internal Medicine Physicianss?
Yes, it is a highly lucrative location for General Internal Medicine Physicians.The average salary of $285,270 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong earning potential.
Is Bridgeport-Stamford-Danbury, CT a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Bridgeport-Stamford-Danbury, CT is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Bridgeport-Stamford-Danbury, CT?
Some top paying nearby cities include New Haven, CT ($272,730) and Waterbury-Shelton, CT.
How does the Bridgeport-Stamford-Danbury, CT salary compare to the national average?
General Internal Medicine Physicians in Bridgeport-Stamford-Danbury, CT earn an average of $285,270 annually, which is $13,260 more than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in this area?
The Location Quotient of 1.47 indicates that General Internal Medicine Physicians are 47% more concentrated in Bridgeport-Stamford-Danbury, CT, than the national average.
How does the cost of living affect the physician's salary?
The cost of living in Bridgeport-Stamford-Danbury, CT, is exactly at the national average (100), meaning the higher salary offers excellent purchasing power without the burden of increased living expenses.
What does the total local workforce number suggest?
A local workforce of 250 General Internal Medicine Physicians suggests a substantial presence and ongoing demand for these medical professionals within the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Bridgeport-Stamford-Danbury, CT area with a job density of 0.634 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 Bridgeport-Stamford-Danbury, CT