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Average General Internal Medicine Physicians Salary in Waterbury-Shelton, CT

Yes, Waterbury-Shelton, CT is a highly lucrative market for General Internal Medicine Physicianss. With an average annual salary of $300,540, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $300,540 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $450,810.
  • 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 Waterbury-Shelton, CT economy.
2024 Market Data

Salary Overview

$300,540

The average General Internal Medicine Physicians in Waterbury-Shelton, CT earns+10.5%above the national average.

BreakdownBased on 40h/week
Hourly

$144.5

Weekly

$5,780

Monthly

$25,045

General Internal Medicine Physicians Salary Distribution in Waterbury-Shelton, CT

The earning potential for General Internal Medicine Physicianss in Waterbury-Shelton, CT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $118,180, while highly experienced professionals can command wages upwards of $450,810.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$118,180$56.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$225,405$108.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$300,539$144.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$375,675$180.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$450,810$216.7

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$300,540

Gross Pay

Real Wage (Purchasing Power)

$300,540

Adjusted for COL (100)

In Waterbury-Shelton, CT, the Cost of Living Index is 100. This increases your effective purchasing power from $300,540 to $300,540.

Job Market Context

30

Total Jobs

0.21

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Waterbury-Shelton, CT has a notably lower concentration of General Internal Medicine Physicians jobs than the national average. Opportunities in this area are relatively scarce for this profession.

30 people work as General Internal Medicine Physicians in Waterbury-Shelton, CT.

Only 0.21 out of every 1,000 local jobs are General Internal Medicine Physicians roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for General Internal Medicine Physicians

Comparing salaries near Waterbury-Shelton, CT

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Waterbury-Shelton, CT?

The median annual salary for a General Internal Medicine Physicians in Waterbury-Shelton, CT is $300,540. This typically ranges from $118,180 for entry-level positions to $450,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Waterbury-Shelton, CT is 10.5% higher than the national median of $272,010.

Is Waterbury-Shelton, CT a good place for General Internal Medicine Physicianss?

Yes, Waterbury-Shelton, CT is financially attractive for General Internal Medicine Physicianss. The average salary of $300,540 exceeds the national average. See distinct detailed breakdown below.

Is Waterbury-Shelton, CT a good place to live for General Internal Medicine Physicians?

The Cost of Living Index in Waterbury-Shelton, CT is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Waterbury-Shelton, CT?

Some top paying nearby cities include New Haven, CT ($272,730) and Hartford-West Hartford-East Hartford, CT.

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 Waterbury-Shelton, CT area with a job density of 0.21 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.