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Average General Internal Medicine Physicians Salary in Wisconsin

General Internal Medicine Physicians in Wisconsin are earning an impressive average annual salary of $311,260, substantially higher than the national average of $272,010. This elevated compensation reflects the specific healthcare demands and economic landscape within the state, potentially influenced by factors such as the physician-to-patient ratio and the overall cost of doing business in Wisconsin.

Executive Summary

  • Average Salary: $311,260 per year.
  • Growth Trend: Salaries have shifted 12.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $466,890.
  • Outlook: With a local workforce of 980 General Internal Medicine Physicians, Wisconsin demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.77 suggests that while the state employs fewer physicians per capita than the national average, the existing workforce is integral to the state's healthcare infrastructure, indicating a consistent demand for their specialized skills.
2024 Market Data

Salary Overview

$311,260

The average General Internal Medicine Physicians in Wisconsin earns+14.4%above the national average.

BreakdownBased on 40h/week
Hourly

$149.6

Weekly

$5,986

Monthly

$25,938

General Internal Medicine Physicians Salary Distribution in Wisconsin

The salary progression for General Internal Medicine Physicians in Wisconsin typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, potentially reaching into the upper percentiles of the $311,260 average. The gap between entry-level and senior roles signifies clear career advancement opportunities and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$67,990$32.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$233,445$112.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$311,251$149.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$389,075$187.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$466,890$224.5

Detailed General Internal Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$311,260

Gross Pay

Real Wage (Purchasing Power)

$338,694

Adjusted for COL (91.9)

The average annual salary of $311,260 in Wisconsin offers a strong purchasing power, especially when considering the local Cost of Living Index of 91.9, which is below the national average of 100. This means that the nominal salary translates to a higher real income, allowing physicians to enjoy a better standard of living and greater financial flexibility compared to areas with a higher cost of living.

Job Market Context

980

Total Jobs

0.334

Per 1K Jobs

0.77

Location Quotient

Below Average

Wisconsin has 0.77x the national average concentration of General Internal Medicine Physicians jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.77 indicates that General Internal Medicine Physicians are slightly less concentrated in Wisconsin compared to the national average. This suggests that while the state has a solid base of these professionals, there may be opportunities for growth and recruitment, potentially leading to competitive compensation packages to attract talent. The market is neither oversaturated nor critically undersupplied, presenting a balanced environment for physicians.

Nearby Job Markets

Hiring General Internal Medicine Physicianss?

Frequently Asked Questions

How much does a General Internal Medicine Physicians make in Wisconsin?

The median annual salary for a General Internal Medicine Physicians in Wisconsin is $311,260. This typically ranges from $67,990 for entry-level positions to $466,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Wisconsin is 14.4% higher than the national median of $272,010.

Is Wisconsin a lucrative place for General Internal Medicine Physicianss?

Yes, Wisconsin offers a lucrative environment for General Internal Medicine Physicians.Physicians in Wisconsin earn significantly above the national average salary, and the lower cost of living further enhances their purchasing power and overall financial well-being.

Is Wisconsin a good place to live for General Internal Medicine Physicians?

With a Cost of Living Index of 91.9 (lower than the national average of 100), your salary goes further here.

How does Wisconsin's physician salary compare nationally?

General Internal Medicine Physicians in Wisconsin earn an average of $311,260 annually, which is notably higher than the national average of $272,010.

What is the job concentration for this role in Wisconsin?

The Location Quotient for General Internal Medicine Physicians in Wisconsin is 0.77, indicating a slightly lower concentration compared to the national average.

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

With a Cost of Living Index of 91.9, Wisconsin's lower cost of living means that the high average salary of $311,260 provides substantial purchasing power for physicians.

What is the total number of General Internal Medicine Physicians in Wisconsin?

There are approximately 980 General Internal Medicine Physicians employed within Wisconsin.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 980 employees in the Wisconsin area with a job density of 0.334 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.