Average General Internal Medicine Physicians Salary in Buffalo-Cheektowaga, NY
General Internal Medicine Physicians in Buffalo-Cheektowaga, NY, command an impressive average annual salary of $285,710. This figure notably surpasses the national average of $272,010, indicating a strong local demand and potentially higher reimbursement rates or specialized needs within the region. The economic landscape and healthcare infrastructure of Buffalo-Cheektowaga likely contribute to this elevated compensation for these vital medical professionals.
Executive Summary
- Average Salary: $285,710 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $428,565.
- Outlook: The Buffalo-Cheektowaga, NY, market for General Internal Medicine Physicians appears robust, supported by a local workforce of 440 professionals. A Location Quotient of 1.92 signifies a concentration nearly double the national average, suggesting a significant and sustained demand for these specialists within the area.
Salary Overview
The average General Internal Medicine Physicians in Buffalo-Cheektowaga, NY earns+5.0%above the national average.
$137.4
$5,494
$23,809
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it's reasonable to assume a positive trend in compensation for General Internal Medicine Physicians in Buffalo-Cheektowaga over the past four years, mirroring national trends of increasing healthcare salaries driven by demand and evolving medical practices. This suggests a growing financial incentive for professionals entering or staying in this field within the region.
General Internal Medicine Physicians Salary Distribution in Buffalo-Cheektowaga, NY
Salary progression for General Internal Medicine Physicians in Buffalo-Cheektowaga, NY, typically scales significantly with experience. Entry-level physicians can expect compensation towards the lower percentiles, while seasoned professionals with extensive experience and specialized skills will command salaries in the upper percentiles. The widening gap between these percentiles reflects the substantial career growth and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $76,510 | $36.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $214,283 | $103 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $229,040 | $110.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $357,138 | $171.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $428,565 | $206 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$285,710
Gross Pay
Real Wage (Purchasing Power)
$285,710
Adjusted for COL (100)
Relocating to Buffalo-Cheektowaga, NY, as a General Internal Medicine Physician presents a financially advantageous scenario. The average annual salary of $285,710 aligns perfectly with a Cost of Living Index of 100, meaning your earnings will maintain their purchasing power at the national average, while you benefit from a localized salary premium.
Job Market Context
440
Total Jobs
0.832
Per 1K Jobs
1.92
Location Quotient
Buffalo-Cheektowaga, NY has 1.9x 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.
The Location Quotient of 1.92 for General Internal Medicine Physicians in Buffalo-Cheektowaga, NY, strongly indicates a market with a higher-than-average concentration of these professionals relative to the national distribution. This suggests a competitive environment, but also a deep pool of talent and potentially specialized services available to the community.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Rochester, NY General Internal Medicine Physicians Salary | $141,190↓ 51% | 65 mi |
Comparing salaries near Buffalo-Cheektowaga, NY
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Buffalo-Cheektowaga, NY?
The median annual salary for a General Internal Medicine Physicians in Buffalo-Cheektowaga, NY is $285,710. This typically ranges from $76,510 for entry-level positions to $428,565 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Buffalo-Cheektowaga, NY is 5.0% higher than the national median of $272,010.
Is Buffalo-Cheektowaga, NY a lucrative place for General Internal Medicine Physicians?
Yes, Buffalo-Cheektowaga, NY, offers a lucrative environment for General Internal Medicine Physicians.Physicians here earn an average of $285,710 annually, significantly above the national average, while maintaining a cost of living at the national benchmark.
Is Buffalo-Cheektowaga, NY a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Buffalo-Cheektowaga, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Buffalo-Cheektowaga, NY?
Some top paying nearby cities include Rochester, NY ($141,190) and others.
How does the Buffalo-Cheektowaga, NY salary compare to the national average for General Internal Medicine Physicians?
General Internal Medicine Physicians in Buffalo-Cheektowaga, NY, earn an average of $285,710, which is $13,690 higher than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Buffalo-Cheektowaga, NY?
The concentration, measured by the Location Quotient, is 1.92, meaning there are nearly twice as many General Internal Medicine Physicians per worker in Buffalo-Cheektowaga, NY, compared to the national average.
How does the cost of living in Buffalo-Cheektowaga, NY affect the physician salary?
With a Cost of Living Index of 100, the national average, the $285,710 salary in Buffalo-Cheektowaga, NY, offers excellent purchasing power, as it is not diminished by a higher cost of living.
What does the total local workforce number imply for General Internal Medicine Physicians?
A total local workforce of 440 General Internal Medicine Physicians suggests a substantial and established presence of these specialists within the Buffalo-Cheektowaga, NY, healthcare system.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Buffalo-Cheektowaga, NY area with a job density of 0.832 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 Buffalo-Cheektowaga, NY