Average General Internal Medicine Physicians Salary in Florida
General Internal Medicine Physicians in Florida are earning an impressive average annual salary of $280,390, which is notably higher than the national average of $272,010. This elevated compensation in Florida can be attributed to a combination of factors, including the state's specific healthcare demands, regulatory environment, and the overall economic landscape influencing physician remuneration.
Executive Summary
- Average Salary: $280,390 per year.
- Growth Trend: Salaries have shifted 33.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $420,585.
- Outlook: With a local workforce of 2,280 General Internal Medicine Physicians, Florida presents a significant, albeit not overwhelmingly concentrated, market for these professionals. The Location Quotient of 0.54 indicates that the concentration of these physicians is below the national average, suggesting that while the profession is established, there may be room for growth and demand relative to the general workforce.
Salary Overview
The average General Internal Medicine Physicians in Florida earns+3.1%above the national average.
$134.8
$5,392
$23,366
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data for Florida's General Internal Medicine Physicians is not provided, it is reasonable to assume a trend of salary growth over the past four years, mirroring national patterns. Economic factors, evolving healthcare needs, and inflation typically drive upward adjustments in physician compensation, suggesting a positive trajectory for earnings in this field.
General Internal Medicine Physicians Salary Distribution in Florida
Salary progression for General Internal Medicine Physicians in Florida typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned physicians with extensive experience and specialized skills can expect to earn substantially more, often reaching into higher percentile brackets. The gap between entry-level and senior-level salaries signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $135,100 | $65 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $210,293 | $101.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $280,384 | $134.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $350,488 | $168.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $420,585 | $202.2 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$280,390
Gross Pay
Real Wage (Purchasing Power)
$274,086
Adjusted for COL (102.3)
The average annual salary of $280,390 in Florida offers a strong nominal income. When compared to the state's Cost of Living Index of 102.3 (slightly above the national average of 100), the purchasing power remains robust. Physicians can expect their earnings to cover living expenses comfortably, with a reasonable surplus, though it's essential to consider regional variations within Florida.
Job Market Context
2,280
Total Jobs
0.232
Per 1K Jobs
0.54
Location Quotient
Florida has 0.54x 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.
Florida's Location Quotient of 0.54 for General Internal Medicine Physicians suggests that the state has fewer of these professionals per capita compared to the national average. This indicates a potentially less saturated market, which could translate to competitive opportunities for qualified physicians seeking employment, though it also implies a lower relative concentration of specialists within the state's overall workforce.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Tampa-St. Petersburg-Clearwater, FL General Internal Medicine Physicians Salary | $324,130↑ 16% | 49 mi |
| North Port-Bradenton-Sarasota, FL General Internal Medicine Physicians Salary | $234,770↓ 16% | 58 mi |
Comparing salaries near Florida
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Florida?
The median annual salary for a General Internal Medicine Physicians in Florida is $280,390. This typically ranges from $135,100 for entry-level positions to $420,585 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florida is 3.1% higher than the national median of $272,010.
Is Florida a lucrative place for General Internal Medicine Physicianss?
Yes, Florida is a lucrative state for General Internal Medicine Physicians.The average salary of $280,390 significantly exceeds the national average, and the cost of living is only slightly above the national benchmark, offering strong purchasing power.
Is Florida a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Florida is 102.3. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florida?
Some top paying nearby cities include Tampa-St. Petersburg-Clearwater, FL ($324,130) and North Port-Bradenton-Sarasota, FL.
How does Florida's average physician salary compare to the national average?
General Internal Medicine Physicians in Florida earn an average of $280,390 annually, which is $8,380 higher than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Florida?
Florida has a Location Quotient of 0.54 for General Internal Medicine Physicians, meaning the concentration of these professionals is less than half the national average.
How does the cost of living in Florida affect physician salaries?
With a Cost of Living Index of 102.3, Florida is slightly more expensive than the national average. However, the higher average salary helps maintain strong purchasing power for physicians.
What does the total workforce number imply for job opportunities?
A total local workforce of 2,280 suggests a substantial presence of General Internal Medicine Physicians, indicating a stable job market with ongoing demand for these services.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,280 employees in the Florida area with a job density of 0.232 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 Florida