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Average General Internal Medicine Physicians Salary in Nashville-Davidson--Murfreesboro--Franklin, TN

General Internal Medicine Physicians in the Nashville-Davidson--Murfreesboro--Franklin, TN area earn an average annual salary of $208,450. This figure is notably below the national average of $272,010, suggesting that local market dynamics, such as supply and demand for physicians, may be influencing compensation levels in this specific region.

Executive Summary

  • Average Salary: $208,450 per year.
  • Growth Trend: Salaries have shifted 55.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $312,675.
  • Outlook: With a local workforce of 410 General Internal Medicine Physicians and a Location Quotient of 0.86, the job market in Nashville-Davidson--Murfreesboro--Franklin, TN, indicates a slightly lower concentration of these professionals compared to the national average. This suggests a stable, albeit not exceptionally high, demand for physicians in the area, providing a consistent employment landscape for those in the field.
2024 Market Data

Salary Overview

$208,450

The average General Internal Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN earns-23.4%below the national average.

BreakdownBased on 40h/week
Hourly

$100.2

Weekly

$4,009

Monthly

$17,371

General Internal Medicine Physicians Salary Distribution in Nashville-Davidson--Murfreesboro--Franklin, TN

Salary progression for General Internal Medicine Physicians typically scales significantly with experience. Entry-level positions often start at lower percentiles, while senior physicians with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between these percentiles represents a clear career trajectory and earning potential growth within the profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$61,710$29.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$156,338$75.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$224,280$107.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$260,563$125.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$312,675$150.3

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$208,450

Gross Pay

Real Wage (Purchasing Power)

$208,450

Adjusted for COL (100)

The average annual salary of $208,450 for General Internal Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN, aligns precisely with the national average cost of living (100). This means that while the nominal salary is lower than the national average for the profession, the purchasing power of this income locally is equivalent to the national average, offering a balanced financial outlook for physicians relocating to the area.

Job Market Context

410

Total Jobs

0.371

Per 1K Jobs

0.86

Location Quotient

Below Average

Nashville-Davidson--Murfreesboro--Franklin, TN has 0.86x 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 0.86 for General Internal Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN, signifies that the concentration of these professionals is slightly below the national average. This suggests that while the market is not oversaturated, there is a steady presence of physicians, indicating a competitive yet accessible environment for new entrants and established practitioners alike.

Nearby Job Markets

Nearby Cities for General Internal Medicine Physicians

Comparing salaries near Nashville-Davidson--Murfreesboro--Franklin, TN

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Nashville-Davidson--Murfreesboro--Franklin, TN?

The median annual salary for a General Internal Medicine Physicians in Nashville-Davidson--Murfreesboro--Franklin, TN is $208,450. This typically ranges from $61,710 for entry-level positions to $312,675 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Nashville-Davidson--Murfreesboro--Franklin, TN is 23.4% lower than the national median of $272,010.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a lucrative place for General Internal Medicine Physicianss?

No, but it offers average cost of living value.While the average salary of $208,450 is below the national average, the cost of living in Nashville-Davidson--Murfreesboro--Franklin, TN, is exactly at the national average, meaning the lower nominal salary has equivalent purchasing power locally.

Is Nashville-Davidson--Murfreesboro--Franklin, TN a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Nashville-Davidson--Murfreesboro--Franklin, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Nashville-Davidson--Murfreesboro--Franklin, TN?

Some top paying nearby cities include South Central Tennessee nonmetropolitan area ($348,060) and West Tennessee nonmetropolitan area.

How does the Nashville physician salary compare to the national average?

General Internal Medicine Physicians in Nashville earn approximately $208,450 annually, which is less than the national average of $272,010.

What is the concentration of General Internal Medicine Physicians in Nashville?

The concentration, measured by Location Quotient, is 0.86, indicating a slightly lower presence of these physicians compared to the national average.

How does the cost of living affect the Nashville physician salary?

With a Cost of Living Index of 100, the Nashville area matches the national average, meaning the $208,450 salary has the same relative purchasing power as it would nationally.

What is the total workforce size for General Internal Medicine Physicians in Nashville?

There are approximately 410 General Internal Medicine Physicians employed in the Nashville-Davidson--Murfreesboro--Franklin, TN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Nashville-Davidson--Murfreesboro--Franklin, TN area with a job density of 0.371 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.