Average General Internal Medicine Physicians Salary in Rhode Island
General Internal Medicine Physicians in Rhode Island command an average annual salary of $262,620, positioning them slightly below the national average of $272,010. This localized compensation is influenced by a combination of factors unique to the state's healthcare landscape, including demand, the cost of delivering care, and the overall economic environment.
Executive Summary
- Average Salary: $262,620 per year.
- Growth Trend: Salaries have shifted 32.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $393,930.
- Outlook: With a total local workforce of 340 General Internal Medicine Physicians, Rhode Island demonstrates a concentrated demand for these specialists. The Location Quotient of 1.57 indicates a significantly higher concentration of these professionals compared to the national average, suggesting a robust and established presence within the state's healthcare system.
Salary Overview
The average General Internal Medicine Physicians in Rhode Island earns-3.5%below the national average.
$126.3
$5,050
$21,885
General Internal Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for General Internal Medicine Physicians in Rhode Island have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in medical technology, and inflation typically drive upward salary adjustments in this vital medical field.
General Internal Medicine Physicians Salary Distribution in Rhode Island
Salary progression for General Internal Medicine Physicians in Rhode Island typically scales with experience. Entry-level physicians can expect to earn at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills will command significantly higher compensation. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, signifies clear career advancement opportunities and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $66,940 | $32.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $196,965 | $94.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $223,340 | $107.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $328,275 | $157.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $393,930 | $189.4 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$262,620
Gross Pay
Real Wage (Purchasing Power)
$234,482
Adjusted for COL (112)
The average annual salary of $262,620 for General Internal Medicine Physicians in Rhode Island must be considered alongside the state's Cost of Living Index of 112. This index, which is 12% higher than the national average, suggests that while the nominal salary is substantial, the purchasing power may be slightly diminished due to higher living expenses.
Job Market Context
340
Total Jobs
0.679
Per 1K Jobs
1.57
Location Quotient
Rhode Island has 1.6x 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.
Rhode Island's Location Quotient of 1.57 for General Internal Medicine Physicians signifies a notable concentration of these professionals relative to the national average. This suggests that the job market may be competitive, but also indicates a strong demand and established infrastructure for internal medicine services within the state.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA General Internal Medicine Physicians Salary | $263,310↑ 0% | 11 mi |
| Worcester, MA General Internal Medicine Physicians Salary | $303,990↑ 16% | 43 mi |
| Boston-Cambridge-Newton, MA-NH General Internal Medicine Physicians Salary | $248,860↓ 5% | 49 mi |
Comparing salaries near Rhode Island
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Rhode Island?
The median annual salary for a General Internal Medicine Physicians in Rhode Island is $262,620. This typically ranges from $66,940 for entry-level positions to $393,930 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 3.5% lower than the national median of $272,010.
Is Rhode Island a lucrative place for General Internal Medicine Physicianss?
Yes, Rhode Island offers a lucrative environment for General Internal Medicine Physicians.The average salary of $262,620 is competitive, and the high concentration of physicians (LQ 1.57) indicates strong demand within the state's healthcare system.
Is Rhode Island a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($263,310) and Worcester, MA.
How does the Rhode Island salary compare to the national average?
General Internal Medicine Physicians in Rhode Island earn an average of $262,620 annually, which is slightly below the national average of $272,010.
What is the concentration of General Internal Medicine Physicians in Rhode Island?
Rhode Island has a Location Quotient of 1.57 for General Internal Medicine Physicians, meaning they are 57% more concentrated than the national average.
How does the cost of living affect the salary in Rhode Island?
With a Cost of Living Index of 112, Rhode Island is 12% more expensive than the national average, which slightly impacts the real value of the $262,620 salary.
What does the job market look like for these physicians in Rhode Island?
The market shows a strong presence of General Internal Medicine Physicians, with 0.679 jobs per 1,000 workers and a high concentration, indicating consistent demand.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Rhode Island area with a job density of 0.679 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 Rhode Island