Average General Internal Medicine Physicians Salary in Kentucky
General Internal Medicine Physicians in Kentucky earn an impressive average annual salary of $307,100, significantly surpassing the national average of $272,010. This elevated compensation in Kentucky can be attributed to a combination of factors, including the specific healthcare needs of the state's population and potentially a competitive market for specialized medical professionals.
Executive Summary
- Average Salary: $307,100 per year.
- Growth Trend: Salaries have shifted 44.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $460,650.
- Outlook: With a local workforce of 510 General Internal Medicine Physicians and a Location Quotient of 0.59, the job market in Kentucky indicates a moderate concentration relative to the national average. While not as densely populated with these specialists as some other states, the existing workforce suggests a stable demand for their services within the state's healthcare system.
Salary Overview
The average General Internal Medicine Physicians in Kentucky earns+12.9%above the national average.
$147.6
$5,906
$25,592
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for General Internal Medicine Physicians in Kentucky have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, inflation, and advancements in medical practices typically drive upward salary adjustments in this critical field.
General Internal Medicine Physicians Salary Distribution in Kentucky
Salary progression for General Internal Medicine Physicians in Kentucky is strongly tied to experience. Entry-level physicians can expect compensation at the lower end of the spectrum, while those with several years of practice and specialized skills will command higher salaries. The gap between the 25th and 75th percentiles of earnings clearly signifies this career trajectory and the rewards of accumulating expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $82,810 | $39.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $230,325 | $110.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $231,240 | $111.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $383,875 | $184.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $460,650 | $221.5 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$307,100
Gross Pay
Real Wage (Purchasing Power)
$341,982
Adjusted for COL (89.8)
The average annual salary of $307,100 in Kentucky presents a compelling financial advantage when considering the local cost of living. With a Cost of Living Index of 89.8, which is below the national average of 100, physicians can expect their earnings to have greater purchasing power, allowing for a higher standard of living compared to more expensive regions.
Job Market Context
510
Total Jobs
0.255
Per 1K Jobs
0.59
Location Quotient
Kentucky has 0.59x 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 0.59 suggests that General Internal Medicine Physicians are less concentrated in Kentucky compared to the national average. This indicates that while the profession is present, the market may not be saturated, potentially leading to greater opportunities and competitive compensation for qualified physicians seeking to establish or advance their careers in the state.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY General Internal Medicine Physicians Salary | $274,820↓ 11% | 28 mi |
| Cincinnati, OH-KY-IN General Internal Medicine Physicians Salary | $263,200↓ 14% | 100 mi |
Comparing salaries near Kentucky
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Kentucky?
The median annual salary for a General Internal Medicine Physicians in Kentucky is $307,100. This typically ranges from $82,810 for entry-level positions to $460,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Kentucky is 12.9% higher than the national median of $272,010.
Is Kentucky a lucrative place for General Internal Medicine Physicians?
Yes, Kentucky offers a lucrative environment for General Internal Medicine Physicians.The average salary of $307,100 significantly exceeds the national average, and the lower cost of living further enhances the financial appeal for these medical professionals.
Is Kentucky a good place to live for General Internal Medicine Physicians?
With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Kentucky?
Some top paying nearby cities include Lexington-Fayette, KY ($274,820) and Cincinnati, OH-KY-IN.
How does Kentucky's average salary compare to the national average for this role?
General Internal Medicine Physicians in Kentucky earn an average of $307,100 annually, which is notably higher than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Kentucky?
Kentucky has a Location Quotient of 0.59 for General Internal Medicine Physicians, indicating a lower concentration compared to the national average.
How does the cost of living in Kentucky affect physician salaries?
With a Cost of Living Index of 89.8, Kentucky's lower cost of living means that the average salary of $307,100 provides greater purchasing power for physicians.
What does the total workforce number suggest about job availability?
A total local workforce of 510 suggests a substantial, established presence of General Internal Medicine Physicians, indicating ongoing demand and opportunities within the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 510 employees in the Kentucky area with a job density of 0.255 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 Kentucky