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Average General Internal Medicine Physicians Salary in Rapid City, SD

Yes, Rapid City, SD is a highly lucrative market for General Internal Medicine Physicianss. With an average annual salary of $370,630, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $370,630 per year.
  • Growth Trend: Salaries have shifted 22.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $555,945.
  • Outlook: The current demand for General Internal Medicine Physicianss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Rapid City, SD economy.
2024 Market Data

Salary Overview

$370,630

The average General Internal Medicine Physicians in Rapid City, SD earns+36.3%above the national average.

BreakdownBased on 40h/week
Hourly

$178.2

Weekly

$7,128

Monthly

$30,886

General Internal Medicine Physicians Salary Distribution in Rapid City, SD

The earning potential for General Internal Medicine Physicianss in Rapid City, SD varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $233,320, while highly experienced professionals can command wages upwards of $555,945.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$233,320$112.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$277,973$133.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$370,635$178.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$463,288$222.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$555,945$267.3

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$370,630

Gross Pay

Real Wage (Purchasing Power)

$370,630

Adjusted for COL (100)

In Rapid City, SD, the Cost of Living Index is 100. This increases your effective purchasing power from $370,630 to $370,630.

Job Market Context

30

Total Jobs

0.47

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Rapid City, SD has a slightly higher-than-average concentration of General Internal Medicine Physicians roles compared to the national norm.

30 people work as General Internal Medicine Physicians in Rapid City, SD.

Only 0.47 out of every 1,000 local jobs are General Internal Medicine Physicians roles — this is a niche profession in the area.

Nearby Job Markets

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Rapid City, SD?

The median annual salary for a General Internal Medicine Physicians in Rapid City, SD is $370,630. This typically ranges from $233,320 for entry-level positions to $555,945 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rapid City, SD is 36.3% higher than the national median of $272,010.

Is Rapid City, SD a good place for General Internal Medicine Physicianss?

Yes, Rapid City, SD is financially attractive for General Internal Medicine Physicianss. The average salary of $370,630 exceeds the national average. See distinct detailed breakdown below.

Is Rapid City, SD a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Rapid City, SD is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Rapid City, SD area with a job density of 0.47 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.