Average General Internal Medicine Physicians Salary in New York
General Internal Medicine Physicians in New York earn an average annual salary of $205,460. This figure is notably lower than the national average of $272,010, a disparity often influenced by the state's unique economic landscape and healthcare demands. Factors such as the concentration of medical institutions and the specific needs of the patient population contribute to this localized compensation.
Executive Summary
- Average Salary: $205,460 per year.
- Growth Trend: Salaries have shifted 19.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $308,190.
- Outlook: New York boasts a substantial workforce of 11,110 General Internal Medicine Physicians, indicating a robust and active job market. The Location Quotient of 2.69 significantly exceeds the national average, suggesting a higher concentration of these professionals in New York compared to other states. This strong presence points to a consistent demand for their specialized skills within the state's healthcare system.
Salary Overview
The average General Internal Medicine Physicians in New York earns-24.5%below the national average.
$98.8
$3,951
$17,122
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the demand for skilled medical professionals like General Internal Medicine Physicians has seen consistent growth over the past four years. This trend likely translates to a steady or increasing salary trajectory, reflecting the ongoing need for comprehensive primary care services across New York State.
General Internal Medicine Physicians Salary Distribution in New York
Salary progression for General Internal Medicine Physicians in New York typically scales with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned physicians with extensive experience and specialized skills can command significantly higher compensation. The percentile gaps in salary data often signify these career milestones and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $75,600 | $36.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $154,095 | $74.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $173,340 | $83.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $256,825 | $123.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $308,190 | $148.2 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$205,460
Gross Pay
Real Wage (Purchasing Power)
$164,237
Adjusted for COL (125.1)
While the nominal salary for General Internal Medicine Physicians in New York is $205,460, the state's Cost of Living Index of 125.1 (meaning it's 25.1% higher than the national average) suggests that the purchasing power of this salary is somewhat diminished. Prospective physicians should carefully consider this factor, as the higher cost of living in New York may offset the attractive nominal income.
Job Market Context
11,110
Total Jobs
1.164
Per 1K Jobs
2.69
Location Quotient
New York has 2.7x 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.
The Location Quotient of 2.69 for General Internal Medicine Physicians in New York is a strong indicator of a concentrated talent pool and potentially high demand. A quotient significantly above 1.0 suggests that these physicians are more prevalent in New York than the national average, implying a competitive yet abundant market where their expertise is highly valued.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY General Internal Medicine Physicians Salary | $282,950↑ 38% | 49 mi |
| Albany-Schenectady-Troy, NY General Internal Medicine Physicians Salary | $203,990↓ 1% | 68 mi |
Comparing salaries near New York
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in New York?
The median annual salary for a General Internal Medicine Physicians in New York is $205,460. This typically ranges from $75,600 for entry-level positions to $308,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 24.5% lower than the national median of $272,010.
Is New York a lucrative place for General Internal Medicine Physicians?
Yes, with caveats.New York offers a substantial average salary of $205,460, and a high concentration of physicians (LQ 2.69) indicates strong demand. However, the elevated cost of living means the real value of this salary should be carefully considered.
Is New York a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York?
Some top paying nearby cities include Binghamton, NY ($282,950) and Albany-Schenectady-Troy, NY.
How does New York's physician salary compare nationally?
The average salary of $205,460 in New York is below the national average of $272,010, indicating state-specific economic factors influence compensation.
What does the Location Quotient (LQ) mean for physicians in New York?
An LQ of 2.69 signifies that General Internal Medicine Physicians are more than twice as concentrated in New York compared to the national average, suggesting a robust market presence and demand.
How does the cost of living affect a physician's salary in New York?
With a Cost of Living Index of 125.1, New York is significantly more expensive than the national average. This means the $205,460 salary may offer less purchasing power than it appears when compared to lower-cost states.
Is the job market for General Internal Medicine Physicians strong in New York?
Yes, the substantial workforce size of 11,110 and a high Location Quotient of 2.69 indicate a strong and concentrated job market for these physicians in New York.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,110 employees in the New York area with a job density of 1.164 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 New York