Average General Internal Medicine Physicians Salary in Lafayette, LA
General Internal Medicine Physicians in Lafayette, LA, earn an average annual salary of $190,810. This figure is notably lower than the national average of $272,010, a difference often influenced by regional economic factors and the specific demand within the local healthcare market. Understanding these localized dynamics is crucial for physicians considering practice in this Louisiana city.
Executive Summary
- Average Salary: $190,810 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $210,080.
- Outlook: The job market for General Internal Medicine Physicians in Lafayette, LA, shows significant concentration, with a Location Quotient of 5.31, indicating a demand far exceeding the national average. While the total local workforce of 400 physicians in this specialty suggests a moderately sized pool, the high concentration points to robust demand relative to the national landscape.
Salary Overview
The average General Internal Medicine Physicians in Lafayette, LA earns-29.9%below the national average.
$91.7
$3,669
$15,901
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data for Lafayette is not provided, it is generally assumed that salaries for General Internal Medicine Physicians nationwide and in localized markets like Lafayette have experienced steady growth over the past four years. This trend is typically driven by increasing healthcare needs, advancements in medical technology, and ongoing demand for specialized medical services.
General Internal Medicine Physicians Salary Distribution in Lafayette, LA
Salary progression for General Internal Medicine Physicians in Lafayette, LA, is strongly tied to experience. Entry-level positions typically command salaries at the lower end of the pay scale, while seasoned physicians with extensive experience and specialized skills can expect to earn significantly more, often reaching the higher percentiles. The gap between entry-level and senior roles signifies clear career advancement opportunities and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $180,960 | $87 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $143,108 | $68.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $180,960 | $87 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $238,513 | $114.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $210,080 | $101 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$190,810
Gross Pay
Real Wage (Purchasing Power)
$190,810
Adjusted for COL (100)
The nominal average salary of $190,810 for General Internal Medicine Physicians in Lafayette, LA, is directly comparable to the national average cost of living index of 100. This means that the purchasing power of this salary in Lafayette is on par with the national average, suggesting that the lower nominal salary is balanced by a cost of living that does not inflate expenses beyond the national norm.
Job Market Context
400
Total Jobs
2.294
Per 1K Jobs
5.31
Location Quotient
Lafayette, LA has 5.3x 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.
With a Location Quotient of 5.31, Lafayette, LA, presents a highly concentrated market for General Internal Medicine Physicians. This signifies that the area has a significantly higher proportion of these physicians compared to the national average, indicating strong local demand or a specialized focus within the regional healthcare system. This high concentration suggests that while opportunities exist, the market may be more specialized or cater to specific healthcare needs within the community.
Nearby Job Markets
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Lafayette, LA?
The median annual salary for a General Internal Medicine Physicians in Lafayette, LA is $190,810. This typically ranges from $180,960 for entry-level positions to $210,080 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lafayette, LA is 29.9% lower than the national median of $272,010.
Is Lafayette, LA a lucrative place for General Internal Medicine Physicians?
Yes, with a caveat regarding national comparisons.While the average salary of $190,810 is below the national average, the high concentration (LQ 5.31) indicates strong local demand. Coupled with a cost of living at the national average, the salary offers comparable purchasing power locally.
Is Lafayette, LA a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Lafayette, LA is 100. While higher than average, this often correlates with higher wages.
How does Lafayette's physician salary compare to the national average?
General Internal Medicine Physicians in Lafayette, LA, earn an average of $190,810 annually, which is substantially lower than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Lafayette, LA?
Lafayette, LA, has a high concentration of General Internal Medicine Physicians, indicated by a Location Quotient of 5.31, meaning the presence of these professionals is more than five times the national average.
How does the cost of living in Lafayette, LA affect physician salaries?
The cost of living in Lafayette, LA, is at the national average (index 100), meaning the $190,810 salary offers purchasing power equivalent to the national average, despite being lower than the national salary figure.
What does the job market look like for General Internal Medicine Physicians in Lafayette, LA?
The job market is robust in terms of demand relative to supply, as evidenced by the high Location Quotient, suggesting a strong need for these specialists within the local healthcare infrastructure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Lafayette, LA area with a job density of 2.294 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 Lafayette, LA
- All Occupations Salary in Lafayette, LA
- Office and Administrative Support Occupations Salary in Lafayette, LA
- Sales and Related Occupations Salary in Lafayette, LA
- Food Preparation and Serving Related Occupations Salary in Lafayette, LA
- Transportation and Material Moving Occupations Salary in Lafayette, LA
- Healthcare Practitioners and Technical Occupations Salary in Lafayette, LA
- Production Occupations Salary in Lafayette, LA
- Management Occupations Salary in Lafayette, LA
- Construction and Extraction Occupations Salary in Lafayette, LA
- Healthcare Support Occupations Salary in Lafayette, LA
- Browse All Jobs in Lafayette, LA →
Semantic Salary Analysis for General Internal Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Lafayette, LA