Average General Internal Medicine Physicians Salary in Cincinnati, OH-KY-IN
General Internal Medicine Physicians in the Cincinnati, OH-KY-IN area can expect an average annual salary of $263,200. This figure is slightly below the national average of $272,010, suggesting that while demand exists, local market dynamics and potentially other factors contribute to this compensation level. The specific economic conditions and healthcare needs within the tri-state region play a crucial role in shaping physician remuneration.
Executive Summary
- Average Salary: $263,200 per year.
- Growth Trend: Salaries have shifted 72.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $394,800.
- Outlook: With a local workforce of 250 General Internal Medicine Physicians and a Location Quotient of 0.53, the job market in Cincinnati indicates a moderate concentration of these professionals relative to the national average. While not a hub of extreme specialization, the presence of 0.227 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for these essential medical services within the region.
Salary Overview
The average General Internal Medicine Physicians in Cincinnati, OH-KY-IN earns-3.2%below the national average.
$126.5
$5,062
$21,933
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the field of General Internal Medicine has experienced steady growth over the past four years, mirroring broader trends in healthcare. This growth likely translates to a gradual increase in average salaries for physicians in Cincinnati, driven by evolving healthcare needs, technological advancements, and an aging population requiring specialized care.
General Internal Medicine Physicians Salary Distribution in Cincinnati, OH-KY-IN
Salary progression for General Internal Medicine Physicians in Cincinnati typically scales significantly with experience. Entry-level physicians may start at a lower percentile of the $263,200 average, while seasoned professionals with extensive experience and specialized skills can command salaries well into the higher percentiles. These percentile gaps are indicative of the career trajectory and the increasing value placed on expertise and patient management skills over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $68,430 | $32.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $197,400 | $94.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $263,203 | $126.5 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $329,000 | $158.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $394,800 | $189.8 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$263,200
Gross Pay
Real Wage (Purchasing Power)
$263,200
Adjusted for COL (100)
The average annual salary of $263,200 for General Internal Medicine Physicians in Cincinnati aligns perfectly with the national average cost of living index of 100. This means that, on average, a physician's earnings in Cincinnati will have purchasing power equivalent to the national average. This balance suggests that the compensation is well-calibrated to the local economic environment, offering a stable financial footing for professionals in the area.
Job Market Context
250
Total Jobs
0.227
Per 1K Jobs
0.53
Location Quotient
Cincinnati, OH-KY-IN has 0.53x the national average concentration of General Internal 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 0.53 for General Internal Medicine Physicians in Cincinnati signifies that the concentration of these professionals is less than half of the national average. This suggests that the job market may be less saturated compared to national benchmarks, potentially offering more opportunities for newly qualified physicians or those seeking to establish their practice. However, it also implies that the demand might not be as intensely concentrated as in other regions.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH General Internal Medicine Physicians Salary | $182,280↓ 31% | 50 mi |
| Lexington-Fayette, KY General Internal Medicine Physicians Salary | $274,820↑ 4% | 73 mi |
| Muncie, IN General Internal Medicine Physicians Salary | $287,570↑ 9% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Cincinnati, OH-KY-IN?
The median annual salary for a General Internal Medicine Physicians in Cincinnati, OH-KY-IN is $263,200. This typically ranges from $68,430 for entry-level positions to $394,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 3.2% lower than the national median of $272,010.
Is Cincinnati, OH-KY-IN a lucrative place for General Internal Medicine Physicianss?
No, but it offers stable compensation.While the average salary of $263,200 is slightly below the national average, it is balanced by a cost of living index of 100, indicating stable purchasing power. The lower location quotient suggests a less competitive market, which can be advantageous for job seekers.
Is Cincinnati, OH-KY-IN a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($182,280) and Lexington-Fayette, KY.
How does Cincinnati's physician salary compare to the national average?
General Internal Medicine Physicians in Cincinnati earn an average of $263,200 annually, which is approximately $8,810 less than the national average of $272,010.
What is the cost of living in Cincinnati, OH-KY-IN?
Cincinnati, OH-KY-IN has a cost of living index of 100, which is exactly the national average, indicating that everyday expenses are comparable to the rest of the United States.
Is there high demand for General Internal Medicine Physicians in Cincinnati?
The job market shows a moderate presence with 0.227 jobs per 1,000 workers and a Location Quotient of 0.53, suggesting a stable but not exceptionally high demand compared to national concentrations.
How does experience affect a General Internal Medicine Physician's salary in Cincinnati?
Experience significantly impacts salary, with entry-level physicians earning at the lower end of the pay scale and senior physicians commanding higher salaries, reflecting increased expertise and responsibility.
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 Cincinnati, OH-KY-IN area with a job density of 0.227 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore General Internal Medicine Physicians Salaries by State
Top Jobs in Cincinnati, OH-KY-IN
- All Occupations Salary in Cincinnati, OH-KY-IN
- Office and Administrative Support Occupations Salary in Cincinnati, OH-KY-IN
- Transportation and Material Moving Occupations Salary in Cincinnati, OH-KY-IN
- Food Preparation and Serving Related Occupations Salary in Cincinnati, OH-KY-IN
- Sales and Related Occupations Salary in Cincinnati, OH-KY-IN
- Management Occupations Salary in Cincinnati, OH-KY-IN
- Production Occupations Salary in Cincinnati, OH-KY-IN
- Healthcare Practitioners and Technical Occupations Salary in Cincinnati, OH-KY-IN
- Business and Financial Operations Occupations Salary in Cincinnati, OH-KY-IN
- Educational Instruction and Library Occupations Salary in Cincinnati, OH-KY-IN
- Browse All Jobs in Cincinnati, OH-KY-IN →
Semantic Salary Analysis for General Internal Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Cincinnati, OH-KY-IN