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Average General Internal Medicine Physicians Salary in Lafayette-West Lafayette, IN

Yes, Lafayette-West Lafayette, IN is a highly lucrative market for General Internal Medicine Physicianss. With an average annual salary of $351,370, professionals here earn significantly more than the national norm. Notably, Lafayette-West Lafayette, IN is a key hub for this profession, with a job concentration 2.46x higher than average.

Executive Summary

  • Average Salary: $351,370 per year.
  • Growth Trend: Salaries have shifted 5.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $527,055.
  • Outlook: The current demand for General Internal Medicine Physicianss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Lafayette-West Lafayette, IN economy.
2024 Market Data

Salary Overview

$351,370

The average General Internal Medicine Physicians in Lafayette-West Lafayette, IN earns+29.2%above the national average.

BreakdownBased on 40h/week
Hourly

$168.9

Weekly

$6,757

Monthly

$29,281

General Internal Medicine Physicians Salary Distribution in Lafayette-West Lafayette, IN

The earning potential for General Internal Medicine Physicianss in Lafayette-West Lafayette, IN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $210,170, while highly experienced professionals can command wages upwards of $527,055.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$210,170$101
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$263,528$126.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$351,374$168.9
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$439,213$211.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$527,055$253.4

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$351,370

Gross Pay

Real Wage (Purchasing Power)

$351,370

Adjusted for COL (100)

In Lafayette-West Lafayette, IN, the Cost of Living Index is 100. This increases your effective purchasing power from $351,370 to $351,370.

Job Market Context

110

Total Jobs

1.064

Per 1K Jobs

2.46

Location Quotient

Major Hub

Lafayette-West Lafayette, IN has 2.5x 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.

110 people work as General Internal Medicine Physicians in Lafayette-West Lafayette, IN.

1.064 out of every 1,000 local jobs are General Internal Medicine Physicians positions — a typical concentration.

Nearby Job Markets

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Lafayette-West Lafayette, IN?

The median annual salary for a General Internal Medicine Physicians in Lafayette-West Lafayette, IN is $351,370. This typically ranges from $210,170 for entry-level positions to $527,055 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Lafayette-West Lafayette, IN is 29.2% higher than the national median of $272,010.

Is Lafayette-West Lafayette, IN a good place for General Internal Medicine Physicianss?

Yes, Lafayette-West Lafayette, IN is an excellent location for General Internal Medicine Physicianss. It offers both higher-than-average salaries ($351,370) and a high concentration of job opportunities. See distinct detailed breakdown below.

Is Lafayette-West Lafayette, IN a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Lafayette-West Lafayette, IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Lafayette-West Lafayette, IN?

Some top paying nearby cities include Northern Indiana nonmetropolitan area ($336,130) and Southern Indiana nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Lafayette-West Lafayette, IN area with a job density of 1.064 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.