Average General Internal Medicine Physicians Salary in Syracuse, NY
General Internal Medicine Physicians in Syracuse, NY, command an impressive average annual salary of $269,880. This figure is slightly below the national average of $272,010, suggesting a localized market dynamic that slightly adjusts compensation. Factors such as the demand within the region, the concentration of healthcare facilities, and the specific needs of the local patient population likely influence this pay scale.
Executive Summary
- Average Salary: $269,880 per year.
- Growth Trend: Salaries have shifted 10.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $404,820.
- Outlook: The Syracuse, NY market for General Internal Medicine Physicians appears robust, with a total local workforce of 250 professionals. The Location Quotient of 1.98 indicates a significant concentration of these physicians relative to the national average, suggesting a strong and established presence within the community. This concentration, coupled with the number of jobs per 1,000 workers (0.858), points to a healthy demand and a stable job market for these specialists in the area.
Salary Overview
The average General Internal Medicine Physicians in Syracuse, NY earns-0.8%below the national average.
$129.8
$5,190
$22,490
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 Syracuse, NY, have experienced steady growth over the past four years, mirroring national trends. Economic factors, evolving healthcare demands, and inflation typically contribute to an upward trajectory in physician compensation, ensuring that the earning potential for these professionals remains competitive and reflective of their critical role in healthcare.
General Internal Medicine Physicians Salary Distribution in Syracuse, NY
The career progression for General Internal Medicine Physicians in Syracuse, NY, is typically marked by significant salary increases with experience. Entry-level physicians can expect to earn at the lower end of the salary spectrum, while seasoned professionals with extensive experience and specialized skills will command higher compensation. The percentile gaps in salary distribution clearly signify this career trajectory, with senior physicians earning substantially more than their early-career counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $99,990 | $48.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $202,410 | $97.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $269,880 | $129.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $337,350 | $162.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $404,820 | $194.6 |
Detailed General Internal Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$269,880
Gross Pay
Real Wage (Purchasing Power)
$269,880
Adjusted for COL (100)
For General Internal Medicine Physicians considering a move to Syracuse, NY, the nominal salary of $269,880 aligns perfectly with the local Cost of Living Index of 100. This means that the purchasing power of their earnings in Syracuse is equivalent to the national average, offering a stable financial foundation. While not offering a significant cost-of-living advantage, the salary ensures that physicians can maintain a comparable standard of living to their national peers.
Job Market Context
250
Total Jobs
0.858
Per 1K Jobs
1.98
Location Quotient
Syracuse, NY has 2.0x 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.
Syracuse, NY, exhibits a notable concentration of General Internal Medicine Physicians, as evidenced by a Location Quotient of 1.98. This figure, nearly double the national average, suggests that the city is a significant hub for this specialty. While this indicates a potentially competitive market for new entrants, it also signifies a strong demand and a well-established network of these vital healthcare providers, offering ample opportunities for collaboration and professional development.
Nearby Job Markets
Nearby Cities for General Internal Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY General Internal Medicine Physicians Salary | $282,950↑ 5% | 66 mi |
| Elmira, NY General Internal Medicine Physicians Salary | $222,360↓ 18% | 74 mi |
Comparing salaries near Syracuse, NY
Hiring General Internal Medicine Physicianss?
Frequently Asked Questions
How much does a General Internal Medicine Physicians make in Syracuse, NY?
The median annual salary for a General Internal Medicine Physicians in Syracuse, NY is $269,880. This typically ranges from $99,990 for entry-level positions to $404,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Syracuse, NY is 0.8% lower than the national median of $272,010.
Is Syracuse, NY a lucrative place for General Internal Medicine Physicianss?
Yes, Syracuse, NY offers a lucrative environment for General Internal Medicine Physicians.The average salary of $269,880 is competitive with the national average, and the strong concentration of physicians (LQ of 1.98) indicates robust demand and a stable job market.
Is Syracuse, NY a good place to live for General Internal Medicine Physicians?
The Cost of Living Index in Syracuse, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Syracuse, NY?
Some top paying nearby cities include Binghamton, NY ($282,950) and Elmira, NY.
How does the Syracuse, NY salary compare to the national average for General Internal Medicine Physicians?
The average annual salary for General Internal Medicine Physicians in Syracuse, NY is $269,880, which is slightly below the national average of $272,010.
What is the significance of the Location Quotient (LQ) in Syracuse, NY for this profession?
A Location Quotient of 1.98 means that General Internal Medicine Physicians are nearly twice as concentrated in Syracuse, NY, compared to the national average, indicating a strong presence and demand for this specialty in the area.
How does the cost of living in Syracuse, NY affect the physician's salary?
With a Cost of Living Index of 100, Syracuse, NY, has a cost of living equivalent to the national average. Therefore, the average salary of $269,880 provides purchasing power on par with the national average.
What does the total local workforce size of 250 indicate for General Internal Medicine Physicians in Syracuse, NY?
A local workforce of 250 General Internal Medicine Physicians suggests a substantial and established community of these professionals in Syracuse, NY, contributing to a stable and active job market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Syracuse, NY area with a job density of 0.858 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 Syracuse, NY