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Average General Internal Medicine Physicians Salary in Maryland

General Internal Medicine Physicians in Maryland earn an average annual salary of $270,880, a figure that closely mirrors the national average of $272,010. This slight parity suggests that while Maryland's healthcare market is robust, specific local economic factors and demand dynamics are finely balancing compensation against other regional influences.

Executive Summary

  • Average Salary: $270,880 per year.
  • Growth Trend: Salaries have shifted 13.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $406,320.
  • Outlook: Maryland boasts a substantial workforce of 4,130 General Internal Medicine Physicians, indicating a significant presence in the state's healthcare sector. The Location Quotient of 3.48 signifies a notably higher concentration of these professionals compared to the national average, suggesting strong demand and a well-established professional community within Maryland.
2024 Market Data

Salary Overview

$270,880

The average General Internal Medicine Physicians in Maryland earns-0.4%below the national average.

BreakdownBased on 40h/week
Hourly

$130.2

Weekly

$5,209

Monthly

$22,573

General Internal Medicine Physicians Salary Distribution in Maryland

Salary progression for General Internal Medicine Physicians in Maryland typically scales significantly with experience. Entry-level positions may start at lower percentiles, but as physicians gain years of practice, specialization, and build patient panels, their earning potential can climb into the higher salary percentiles. The gap between entry-level and senior roles highlights a clear career progression path with substantial financial rewards.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$179,140$86.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$203,160$97.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$270,878$130.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$338,600$162.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$406,320$195.3

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$270,880

Gross Pay

Real Wage (Purchasing Power)

$216,531

Adjusted for COL (125.1)

The average annual salary of $270,880 in Maryland, while competitive, must be viewed in the context of its Cost of Living Index of 125.1. This index is over 25% higher than the national average, meaning that while the nominal income is strong, the purchasing power of that salary is somewhat diminished when compared to areas with a lower cost of living. Careful budgeting is essential for maximizing financial well-being.

Job Market Context

4,130

Total Jobs

1.505

Per 1K Jobs

3.48

Location Quotient

Major Hub

Maryland has 3.5x 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.

With a Location Quotient of 3.48, Maryland exhibits a significantly higher concentration of General Internal Medicine Physicians than the national average. This indicates a robust and potentially competitive job market where demand for these specialists is notably elevated, offering ample opportunities for both new entrants and experienced professionals.

Nearby Job Markets

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Maryland?

The median annual salary for a General Internal Medicine Physicians in Maryland is $270,880. This typically ranges from $179,140 for entry-level positions to $406,320 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Maryland is 0.4% lower than the national median of $272,010.

Is Maryland a lucrative place for General Internal Medicine Physicians?

Yes, with considerations for cost of living.Maryland offers a competitive average salary for General Internal Medicine Physicians, closely matching the national average. However, the state's higher cost of living means that take-home pay might require careful financial planning.

Is Maryland a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Maryland is 125.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Maryland?

Some top paying nearby cities include Washington-Arlington-Alexandria, DC-VA-MD-WV ($238,620) and Baltimore-Columbia-Towson, MD.

How does Maryland's physician concentration compare nationally?

Maryland has a concentration of General Internal Medicine Physicians 3.48 times higher than the national average, indicating a strong presence and demand for these professionals within the state.

What is the average salary for a General Internal Medicine Physician in Maryland?

The average annual salary for a General Internal Medicine Physician in Maryland is approximately $270,880.

How does the cost of living in Maryland affect physician salaries?

Maryland's Cost of Living Index is 125.1, meaning it is 25.1% more expensive than the national average. This higher cost of living slightly offsets the high nominal salary, requiring careful financial management.

What is the job outlook for General Internal Medicine Physicians in Maryland?

With a substantial local workforce and a high location quotient, the job market in Maryland appears robust for General Internal Medicine Physicians, suggesting consistent demand and opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,130 employees in the Maryland area with a job density of 1.505 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.