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Average General Internal Medicine Physicians Salary in Omaha, NE-IA

General Internal Medicine Physicians in Omaha, NE-IA can expect an average annual salary of $164,120. This figure is notably lower than the national average of $272,010, reflecting the localized economic factors and demand specific to the Omaha metropolitan area. The cost of living in Omaha also plays a crucial role in understanding the true value of this compensation.

Executive Summary

  • Average Salary: $164,120 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $246,180.
  • Outlook: The Omaha, NE-IA market for General Internal Medicine Physicians appears robust, with a total local workforce of 480 individuals. The Location Quotient of 2.25 significantly exceeds the national average, indicating a higher concentration of these professionals in Omaha relative to the rest of the country. This suggests a strong, established demand for their specialized skills within the region.
2024 Market Data

Salary Overview

$164,120

The average General Internal Medicine Physicians in Omaha, NE-IA earns-39.7%below the national average.

BreakdownBased on 40h/week
Hourly

$78.9

Weekly

$3,156

Monthly

$13,677

General Internal Medicine Physicians Salary Distribution in Omaha, NE-IA

Salary progression for General Internal Medicine Physicians in Omaha, NE-IA is typically tied to experience. Entry-level positions will command lower salaries, while senior physicians with extensive experience and specialized skills can expect to earn significantly more, potentially reaching higher percentiles of the salary range. The gap between entry-level and senior salaries signifies substantial career growth and increased earning potential over time.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$68,430$32.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$123,090$59.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$76,630$36.8
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$205,150$98.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$246,180$118.4

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$164,120

Gross Pay

Real Wage (Purchasing Power)

$164,120

Adjusted for COL (100)

With an average annual salary of $164,120 and a Cost of Living Index of 100, General Internal Medicine Physicians in Omaha, NE-IA experience a salary that aligns directly with the national average cost of living. This means that the nominal income holds its purchasing power relative to the rest of the country, offering a stable financial foundation for residents.

Job Market Context

480

Total Jobs

0.971

Per 1K Jobs

2.25

Location Quotient

Major Hub

Omaha, NE-IA has 2.3x 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 2.25 for General Internal Medicine Physicians in Omaha, NE-IA strongly suggests a market with a higher-than-average concentration of these professionals. This indicates a competitive environment where employers may have a good pool of talent to draw from, but also signifies a robust demand that supports this elevated presence compared to the national landscape.

Nearby Job Markets

Nearby Cities for General Internal Medicine Physicians

Comparing salaries near Omaha, NE-IA

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Omaha, NE-IA?

The median annual salary for a General Internal Medicine Physicians in Omaha, NE-IA is $164,120. This typically ranges from $68,430 for entry-level positions to $246,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Omaha, NE-IA is 39.7% lower than the national median of $272,010.

Is Omaha, NE-IA a lucrative place for General Internal Medicine Physicians?

No, not when compared to the national average salary.While the average salary of $164,120 is substantial, it falls significantly short of the national average of $272,010. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is Omaha, NE-IA a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Omaha, NE-IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Omaha, NE-IA?

Some top paying nearby cities include Lincoln, NE ($268,700) and others.

How does Omaha's physician concentration compare nationally?

Omaha has a concentration of General Internal Medicine Physicians that is 125% higher than the national average, as indicated by a Location Quotient of 2.25.

What is the job density for this role in Omaha?

There are approximately 0.971 General Internal Medicine Physician jobs per 1,000 workers in the Omaha, NE-IA area.

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

The Cost of Living Index in Omaha is 100, meaning it is exactly average nationally. Therefore, the $164,120 salary provides average purchasing power compared to the rest of the US.

Is the job market for General Internal Medicine Physicians in Omaha growing?

While specific growth rates aren't provided, the high Location Quotient suggests a stable and potentially growing demand for these specialists within the Omaha 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 480 employees in the Omaha, NE-IA area with a job density of 0.971 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.