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Average Pediatricians, General Salary in Memphis, TN-MS-AR

Pediatricians in the Memphis, TN-MS-AR area earn an average annual salary of $212,770. This figure is slightly below the national average of $224,440, indicating a localized compensation structure. Factors such as regional demand, the cost of living, and the concentration of healthcare facilities within the Memphis metropolitan area likely influence this pay scale.

Executive Summary

  • Average Salary: $212,770 per year.
  • Growth Trend: Salaries have shifted 211.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $319,155.
  • Outlook: The Memphis, TN-MS-AR region supports a dedicated workforce of 250 Pediatricians, General. With a Location Quotient of 1.47, the concentration of these professionals is notably higher than the national average, suggesting a robust demand and a significant presence of pediatric care within the local economy. This indicates a healthy job market for pediatric specialists in the area.
2024 Market Data

Salary Overview

$212,770

The average Pediatricians, General in Memphis, TN-MS-AR earns-5.2%below the national average.

BreakdownBased on 40h/week
Hourly

$102.3

Weekly

$4,092

Monthly

$17,731

Pediatricians, General Salary Distribution in Memphis, TN-MS-AR

Salary progression for Pediatricians, General in Memphis, TN-MS-AR typically scales with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn significantly more. The gaps between salary percentiles reflect the career advancement opportunities and the increasing value placed on expertise as a pediatrician moves from junior to senior roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$161,790$77.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$159,578$76.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$208,050$100
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$265,963$127.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$319,155$153.4

Detailed Pediatricians, General Market Analysis

Relocation Context

Nominal Salary

$212,770

Gross Pay

Real Wage (Purchasing Power)

$212,770

Adjusted for COL (100)

The average annual salary of $212,770 for Pediatricians, General in Memphis, TN-MS-AR aligns perfectly with the national average cost of living index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial environment for professionals considering a move to or within the region.

Job Market Context

250

Total Jobs

0.409

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Memphis, TN-MS-AR has a slightly higher-than-average concentration of Pediatricians, General roles compared to the national norm.

A Location Quotient of 1.47 signifies that Pediatricians, General are 47% more concentrated in the Memphis, TN-MS-AR area compared to the national average. This suggests a competitive yet abundant job market, where demand for these specialists is strong enough to support a higher density of professionals, potentially leading to more opportunities and a dynamic employment landscape.

Nearby Job Markets

Hiring Pediatricians, Generals?

Frequently Asked Questions

How much does a Pediatricians, General make in Memphis, TN-MS-AR?

The median annual salary for a Pediatricians, General in Memphis, TN-MS-AR is $212,770. This typically ranges from $161,790 for entry-level positions to $319,155 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Memphis, TN-MS-AR is 5.2% lower than the national median of $224,440.

Is Memphis, TN-MS-AR a lucrative place for Pediatricians, Generals?

Yes, with a stable cost of living.Pediatricians in Memphis earn $212,770 annually, which is competitive given the national average cost of living. The higher concentration of these professionals also indicates strong local demand.

Is Memphis, TN-MS-AR a good place to live for Pediatricians, Generals?

The Cost of Living Index in Memphis, TN-MS-AR is 100. While higher than average, this often correlates with higher wages.

How does the Memphis pediatrician salary compare to the national average?

The average annual salary for Pediatricians, General in Memphis is $212,770, which is slightly lower than the national average of $224,440.

What is the concentration of Pediatricians in Memphis?

The concentration, measured by the Location Quotient, is 1.47, indicating that Pediatricians are more prevalent in Memphis than the national average.

How does the cost of living in Memphis affect a pediatrician's salary?

Memphis has a cost of living index of 100, which is the national average. This means the $212,770 salary has purchasing power equivalent to the national average.

What does the total local workforce number mean for pediatricians?

A total local workforce of 250 Pediatricians, General suggests a substantial, established community of these specialists within the Memphis metropolitan area.

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 Memphis, TN-MS-AR area with a job density of 0.409 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.