Average Neurologists Salary in New York
Neurologists in New York earn an average annual salary of $240,210, which is notably below the national average of $290,000. This discrepancy can be attributed to a complex interplay of factors, including the state's specific healthcare market dynamics, the concentration of specialized medical facilities, and regional demand for neurological services.
Executive Summary
- Average Salary: $240,210 per year.
- Growth Trend: Salaries have shifted 6.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $360,315.
- Outlook: New York boasts a robust job market for neurologists, evidenced by a substantial local workforce of 1,130 professionals. The Location Quotient of 2.36 significantly exceeds the national average, indicating a higher concentration of neurologists in New York relative to other professions. This suggests strong demand and a well-established presence for this specialty within the state's healthcare ecosystem.
Salary Overview
The average Neurologists in New York earns-17.2%below the national average.
$115.5
$4,619
$20,018
Neurologists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for neurologists in New York have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing demand for specialized neurological care, advancements in medical technology, and inflation likely contribute to a positive salary trajectory for these highly skilled professionals.
Neurologists Salary Distribution in New York
Salary progression for neurologists in New York typically scales significantly with experience. Entry-level positions may start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the upper percentiles. The gap between entry-level and senior roles reflects the accumulation of expertise, patient load management, and potential leadership responsibilities.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $78,700 | $37.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $180,158 | $86.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $214,820 | $103.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $300,263 | $144.4 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $360,315 | $173.2 |
Detailed Neurologists Market Analysis
Relocation Context
Nominal Salary
$240,210
Gross Pay
Real Wage (Purchasing Power)
$192,014
Adjusted for COL (125.1)
While the nominal salary for neurologists in New York stands at $240,210, the state's Cost of Living Index of 125.1 presents a significant consideration. This index, which is 25.1% higher than the national average, means that the purchasing power of a New York neurologist's salary is diminished compared to areas with a lower cost of living, requiring careful financial planning.
Job Market Context
1,130
Total Jobs
0.118
Per 1K Jobs
2.36
Location Quotient
New York has 2.4x the national concentration of Neurologists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
The Location Quotient of 2.36 for neurologists in New York signifies a market that is more than twice as concentrated as the national average. This indicates a highly developed and potentially competitive environment for neurological services, suggesting that demand is strong enough to support a larger proportion of these specialists compared to the general workforce.
Nearby Job Markets
Hiring Neurologistss?
Frequently Asked Questions
How much does a Neurologists make in New York?
The median annual salary for a Neurologists in New York is $240,210. This typically ranges from $78,700 for entry-level positions to $360,315 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in New York is 17.2% lower than the national median of $290,000.
Is New York a lucrative place for Neurologists?
Yes, but with caveats.While the average salary of $240,210 is below the national average, the high concentration of neurologists (LQ 2.36) suggests strong demand. However, the elevated cost of living (125.1) must be factored into the overall financial picture.
Is New York a good place to live for Neurologists?
The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.
How does the number of neurologists in New York compare to the national average?
New York has a total local workforce of 1,130 neurologists. The Location Quotient of 2.36 indicates that neurologists are more than twice as concentrated in New York compared to the national average.
What is the cost of living impact on a neurologist's salary in New York?
With a Cost of Living Index of 125.1, New York is significantly more expensive than the national average. This means that the $240,210 average salary may not stretch as far as it would in a lower cost-of-living area.
Are there many job opportunities for neurologists in New York?
The strong Location Quotient of 2.36 suggests a robust market with a high concentration of neurologists, implying consistent demand and numerous opportunities within the state.
How does experience affect a neurologist's salary in New York?
Experience plays a crucial role, with senior neurologists typically earning significantly more than those in entry-level positions, reflecting their accumulated expertise and value to healthcare institutions.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the New York area with a job density of 0.118 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Neurologists • Data source: BLS OEWS 2024 •Jobs in New York