Average General Internal Medicine Physicians Salary in Maine
General Internal Medicine Physicians in Maine earn an impressive average annual salary of $292,760, surpassing the national average of $272,010. This elevated compensation reflects Maine's unique economic landscape and potentially higher demand for specialized medical professionals in certain regions.
Executive Summary
- Average Salary: $292,760 per year.
- Growth Trend: Salaries have shifted 28.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $439,140.
- Outlook: With a local workforce of 240 General Internal Medicine Physicians and a Location Quotient of 0.87, Maine presents a stable yet slightly less concentrated job market compared to the national average. This suggests a steady demand for these professionals, indicating a robust employment outlook for those in the field within the state.
Salary Overview
The average General Internal Medicine Physicians in Maine earns+7.6%above the national average.
$140.8
$5,630
$24,397
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for General Internal Medicine Physicians in Maine have experienced consistent growth over the past four years, mirroring national trends. Economic factors and increasing healthcare needs likely contribute to a positive trajectory for physician compensation in the state.
General Internal Medicine Physicians Salary Distribution in Maine
The salary spectrum for General Internal Medicine Physicians in Maine typically widens with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting a clear progression path and increased earning potential throughout a career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $167,280 | $80.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $219,570 | $105.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $292,760 | $140.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $365,950 | $175.9 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $439,140 | $211.1 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$292,760
Gross Pay
Real Wage (Purchasing Power)
$262,565
Adjusted for COL (111.5)
While the average salary of $292,760 in Maine is substantial, the state's Cost of Living Index of 111.5 indicates that expenses are approximately 11.5% higher than the national average. This means that while nominal earnings are strong, the purchasing power of that salary should be considered in the context of higher local costs for housing, goods, and services.
Job Market Context
240
Total Jobs
0.378
Per 1K Jobs
0.87
Location Quotient
Maine has 0.87x 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.
Maine's Location Quotient of 0.87 for General Internal Medicine Physicians suggests that the concentration of these professionals is slightly below the national average. This indicates a potentially less saturated market, which could translate to greater opportunities and competitive compensation for qualified physicians seeking employment in the state.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Portland-South Portland, ME General Internal Medicine Physicians Salary | $269,650↓ 8% | 83 mi |
Comparing salaries near Maine
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Maine?
The median annual salary for a General Internal Medicine Physicians in Maine is $292,760. This typically ranges from $167,280 for entry-level positions to $439,140 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Maine is 7.6% higher than the national median of $272,010.
Is Maine a lucrative place for General Internal Medicine Physicians?
Yes, Maine offers lucrative opportunities for General Internal Medicine Physicians.The average salary significantly exceeds the national average, and while the cost of living is higher, the strong nominal pay suggests good earning potential.
Is Maine a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Maine is 111.5. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Maine?
Some top paying nearby cities include Portland-South Portland, ME ($269,650) and others.
How does Maine's physician salary compare to the national average?
General Internal Medicine Physicians in Maine earn an average of $292,760 annually, which is approximately $20,750 higher than the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Maine?
Maine has a Location Quotient of 0.87 for this profession, indicating that the concentration of General Internal Medicine Physicians is slightly lower than the national average.
How does the cost of living affect physician salaries in Maine?
With a Cost of Living Index of 111.5, Maine is more expensive than the national average. This means that while salaries are higher, the real purchasing power of that income is somewhat reduced by increased living expenses.
What does the job market look like for General Internal Medicine Physicians in Maine?
The job market appears stable with a workforce of 240 physicians and a below-average concentration, suggesting consistent demand and potential opportunities for new entrants and experienced professionals.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Maine area with a job density of 0.378 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 Maine