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Average Pediatricians, General Salary in Raleigh-Cary, NC

Pediatricians in Raleigh-Cary, NC, earn an average annual salary of $188,490. This figure is notably below the national average of $224,440, suggesting that while the demand for pediatric services is present, the compensation structure in this specific metropolitan area may differ from national trends. Local economic factors and the specific healthcare market dynamics likely influence this pay scale.

Executive Summary

  • Average Salary: $188,490 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $282,735.
  • Outlook: The Raleigh-Cary, NC, job market for General Pediatricians appears robust, with a local workforce of 300 professionals. The Location Quotient of 1.49 indicates a higher concentration of these specialists compared to the national average, suggesting a strong and potentially growing demand for their services within the region.
2024 Market Data

Salary Overview

$188,490

The average Pediatricians, General in Raleigh-Cary, NC earns-16.0%below the national average.

BreakdownBased on 40h/week
Hourly

$90.6

Weekly

$3,625

Monthly

$15,708

Pediatricians, General Salary Distribution in Raleigh-Cary, NC

Salary progression for General Pediatricians in Raleigh-Cary, NC, is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more, often reaching into the higher percentiles of the salary range. The gap between entry-level and senior roles signifies substantial career growth potential and increased earning capacity.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$96,740$46.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$141,368$68
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$200,290$96.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$235,613$113.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$282,735$135.9

Detailed Pediatricians, General Market Analysis

Relocation Context

Nominal Salary

$188,490

Gross Pay

Real Wage (Purchasing Power)

$188,490

Adjusted for COL (100)

The average annual salary of $188,490 in Raleigh-Cary, NC, aligns perfectly with the national average cost of living, as indicated by the Cost of Living Index of 100. This means that the purchasing power of a pediatrician's salary in this area is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses.

Job Market Context

300

Total Jobs

0.416

Per 1K Jobs

1.49

Location Quotient

Above Average

With a location quotient of 1.49, Raleigh-Cary, NC has a slightly higher-than-average concentration of Pediatricians, General roles compared to the national norm.

With a Location Quotient of 1.49, Raleigh-Cary, NC, demonstrates a higher concentration of General Pediatricians than the national average. This suggests a competitive market where demand is robust, potentially leading to more job opportunities but also requiring professionals to be highly skilled and experienced to stand out.

Nearby Job Markets

Nearby Cities for Pediatricians, General

CitySalaryDist.
Durham-Chapel Hill, NC Pediatricians, General Salary$168,290↓ 11%18 mi

Comparing salaries near Raleigh-Cary, NC

Hiring Pediatricians, Generals?

Frequently Asked Questions

How much does a Pediatricians, General make in Raleigh-Cary, NC?

The median annual salary for a Pediatricians, General in Raleigh-Cary, NC is $188,490. This typically ranges from $96,740 for entry-level positions to $282,735 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 16.0% lower than the national median of $224,440.

Is Raleigh-Cary, NC a lucrative place for Pediatricians, Generals?

Yes, with a stable cost of living.While the average salary is below the national average, the cost of living is also at the national average, making the compensation competitive in real terms. The high concentration of pediatricians also indicates strong demand.

Is Raleigh-Cary, NC a good place to live for Pediatricians, Generals?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($168,290) and others.

How does Raleigh-Cary's pediatrician salary compare to the national average?

The average annual salary for Pediatricians in Raleigh-Cary, NC, is $188,490, which is lower than the national average of $224,440.

What is the concentration of Pediatricians in Raleigh-Cary, NC?

Raleigh-Cary, NC has a Location Quotient of 1.49 for General Pediatricians, indicating a higher concentration of these professionals compared to the national average.

How does the cost of living in Raleigh-Cary, NC affect salary perception?

The Cost of Living Index in Raleigh-Cary, NC, is 100, which is the national average. This means the $188,490 salary has the same purchasing power as the national average salary.

What does the total local workforce number signify for Pediatricians?

A total local workforce of 300 General Pediatricians suggests a significant, established presence of these specialists within the Raleigh-Cary, NC 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 300 employees in the Raleigh-Cary, NC area with a job density of 0.416 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Pediatricians, General • Data source: BLS OEWS 2024 •Jobs in Raleigh-Cary, NC