Average General Internal Medicine Physicians Salary in Denver-Aurora-Centennial, CO
General Internal Medicine Physicians in Denver-Aurora-Centennial, CO, earn an average annual salary of $265,530. This figure is slightly below the national average of $272,010, suggesting a competitive but not exceptionally high compensation landscape in this metropolitan area. Local market dynamics, including demand and the cost of living, likely influence this specific pay scale.
Executive Summary
- Average Salary: $265,530 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $398,295.
- Outlook: The Denver-Aurora-Centennial area supports a local workforce of 470 General Internal Medicine Physicians. With a Location Quotient of 0.67, the concentration of these professionals is below the national average, indicating a potentially less saturated market compared to other regions. While not a hub of extreme concentration, the presence of nearly 500 practitioners suggests a stable and established demand for their specialized skills within the community.
Salary Overview
The average General Internal Medicine Physicians in Denver-Aurora-Centennial, CO earns-2.4%below the national average.
$127.7
$5,106
$22,128
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data for this role in Denver-Aurora-Centennial is not provided, it is reasonable to assume a general upward trend in physician salaries over the past four years, mirroring national patterns. Economic factors, increasing healthcare needs, and inflation typically drive modest annual salary growth for medical professionals, ensuring that compensation remains competitive and reflects the evolving value of their services.
General Internal Medicine Physicians Salary Distribution in Denver-Aurora-Centennial, CO
The salary progression for General Internal Medicine Physicians in Denver-Aurora-Centennial, CO, typically sees significant increases with experience. Entry-level positions might start at a lower percentile, but as physicians gain years of practice, build a patient base, and acquire specialized skills, their earning potential escalates considerably. The gap between the 25th and 75th percentile salaries often signifies the career advancement and expertise recognized in more senior roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $67,720 | $32.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $199,148 | $95.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $265,533 | $127.7 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $331,913 | $159.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $398,295 | $191.5 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$265,530
Gross Pay
Real Wage (Purchasing Power)
$265,530
Adjusted for COL (100)
The average annual salary of $265,530 for General Internal Medicine Physicians in Denver-Aurora-Centennial aligns perfectly with the local Cost of Living Index of 100. This means that, on average, a physician's earnings in this area have the same purchasing power as the national average. Therefore, the nominal salary effectively translates to a comparable standard of living when compared to the rest of the United States.
Job Market Context
470
Total Jobs
0.291
Per 1K Jobs
0.67
Location Quotient
Denver-Aurora-Centennial, CO has 0.67x 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 0.67 for General Internal Medicine Physicians in Denver-Aurora-Centennial indicates that this profession is less concentrated here than the national average. This suggests that while the demand exists, the supply of physicians in this specialty may not be as abundant as in other areas. This could present opportunities for physicians seeking employment, as employers might be actively recruiting to fill positions.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Boulder, CO General Internal Medicine Physicians Salary | $236,200↓ 11% | 27 mi |
Comparing salaries near Denver-Aurora-Centennial, CO
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Denver-Aurora-Centennial, CO?
The median annual salary for a General Internal Medicine Physicians in Denver-Aurora-Centennial, CO is $265,530. This typically ranges from $67,720 for entry-level positions to $398,295 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Denver-Aurora-Centennial, CO is 2.4% lower than the national median of $272,010.
Is Denver-Aurora-Centennial, CO a lucrative place for General Internal Medicine Physicianss?
Yes, it offers a competitive salary that matches the national cost of living.With an average salary of $265,530 and a Cost of Living Index of 100, physicians in Denver-Aurora-Centennial can expect their earnings to provide a standard of living equivalent to the national average.
Is Denver-Aurora-Centennial, CO a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Denver-Aurora-Centennial, CO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Denver-Aurora-Centennial, CO?
Some top paying nearby cities include Boulder, CO ($236,200) and others.
How does the Denver-Aurora-Centennial salary compare to the national average?
The average salary for General Internal Medicine Physicians in Denver-Aurora-Centennial is $265,530, which is slightly lower than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Denver-Aurora-Centennial?
The Location Quotient is 0.67, meaning the concentration of these physicians is 33% lower than the national average.
How many General Internal Medicine Physicians work in the Denver-Aurora-Centennial area?
There are approximately 470 General Internal Medicine Physicians employed in the Denver-Aurora-Centennial metropolitan area.
What does a Cost of Living Index of 100 mean for physicians in Denver?
A Cost of Living Index of 100 indicates that the overall cost of goods and services in Denver-Aurora-Centennial is the same as the national average, meaning the $265,530 salary has average purchasing power.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 470 employees in the Denver-Aurora-Centennial, CO area with a job density of 0.291 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 Denver-Aurora-Centennial, CO