Average General Internal Medicine Physicians Salary in New York-Newark-Jersey City, NY-NJ
General Internal Medicine Physicians in the New York-Newark-Jersey City, NY-NJ area earn an average annual salary of $195,970. This figure is notably lower than the national average of $272,010, suggesting a complex interplay of factors influencing compensation in this major metropolitan region. While the nominal salary may seem lower, the specific economic dynamics and demand within this locale contribute to the prevailing pay rates.
Executive Summary
- Average Salary: $195,970 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $293,955.
- Outlook: The job market for General Internal Medicine Physicians in the New York-Newark-Jersey City, NY-NJ area appears robust, indicated by a substantial local workforce of 10,410 professionals. The high Location Quotient of 2.57 signifies a significant concentration of these roles compared to the national average, suggesting strong local demand and a specialized need for these medical experts within the region.
Salary Overview
The average General Internal Medicine Physicians in New York-Newark-Jersey City, NY-NJ earns-28.0%below the national average.
$94.2
$3,769
$16,331
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume a general upward trend in salaries for General Internal Medicine Physicians over the past four years, mirroring national trends in healthcare compensation. Economic factors, evolving healthcare demands, and inflation typically contribute to modest annual salary increases in established medical professions.
General Internal Medicine Physicians Salary Distribution in New York-Newark-Jersey City, NY-NJ
Salary progression for General Internal Medicine Physicians in New York-Newark-Jersey City, NY-NJ typically scales significantly 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 salaries well above the average. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, clearly signifies substantial career growth and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $78,310 | $37.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $146,978 | $70.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $155,570 | $74.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $244,963 | $117.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $293,955 | $141.3 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$195,970
Gross Pay
Real Wage (Purchasing Power)
$195,970
Adjusted for COL (100)
The average annual salary of $195,970 for General Internal Medicine Physicians in the New York-Newark-Jersey City, NY-NJ area aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a physician's salary in this region is equivalent to that of a physician earning the national average salary in a location with a national average cost of living.
Job Market Context
10,410
Total Jobs
1.112
Per 1K Jobs
2.57
Location Quotient
New York-Newark-Jersey City, NY-NJ has 2.6x 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 2.57, the New York-Newark-Jersey City, NY-NJ metropolitan area exhibits a significantly higher concentration of General Internal Medicine Physicians than the national average. This indicates a robust and specialized market for these professionals, suggesting that demand is strong relative to the national landscape, and the region relies heavily on this talent pool.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Kiryas Joel-Poughkeepsie-Newburgh, NY General Internal Medicine Physicians Salary | $230,960↑ 18% | 44 mi |
| Bridgeport-Stamford-Danbury, CT General Internal Medicine Physicians Salary | $285,270↑ 46% | 54 mi |
| New Haven, CT General Internal Medicine Physicians Salary | $272,730↑ 39% | 70 mi |
| Waterbury-Shelton, CT General Internal Medicine Physicians Salary | $300,540↑ 53% | 77 mi |
Comparing salaries near New York-Newark-Jersey City, NY-NJ
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in New York-Newark-Jersey City, NY-NJ?
The median annual salary for a General Internal Medicine Physicians in New York-Newark-Jersey City, NY-NJ is $195,970. This typically ranges from $78,310 for entry-level positions to $293,955 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York-Newark-Jersey City, NY-NJ is 28.0% lower than the national median of $272,010.
Is New York-Newark-Jersey City, NY-NJ a lucrative place for General Internal Medicine Physicians?
Yes, with caveats.While the average salary is lower than the national average, the high concentration of jobs (LQ 2.57) and a cost of living at the national average suggest strong demand and stable earning potential relative to expenses.
Is New York-Newark-Jersey City, NY-NJ a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?
Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($230,960) and Bridgeport-Stamford-Danbury, CT.
How does the local salary compare to the national average?
General Internal Medicine Physicians in New York-Newark-Jersey City, NY-NJ earn an average of $195,970 annually, which is considerably lower than the national average of $272,010.
What is the job concentration for this role in the area?
The Location Quotient (LQ) for General Internal Medicine Physicians in this region is 2.57, indicating that the area has 2.57 times the number of these professionals compared to the national average, signifying high concentration.
How does the cost of living affect the salary?
The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100, which is the national average. This means the $195,970 salary has purchasing power equivalent to the national average, despite being below the national salary average.
What is the total number of General Internal Medicine Physicians in this region?
There are approximately 10,410 General Internal Medicine Physicians employed in the New York-Newark-Jersey City, NY-NJ metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 10,410 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 1.112 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-Newark-Jersey City, NY-NJ