Average Physician Assistants Salary in Lexington-Fayette, KY
Physician Assistants in Lexington-Fayette, KY, earn an average annual salary of $109,990. This figure is notably below the national average of $136,910, suggesting that local market dynamics, such as demand and the cost of doing business, play a significant role in compensation within this region.
Executive Summary
- Average Salary: $109,990 per year.
- Growth Trend: Salaries have shifted 5.1% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $173,040.
- Outlook: With a local workforce of 280 Physician Assistants and a Location Quotient of 0.97, the job market in Lexington-Fayette, KY, indicates a demand that closely mirrors the national average. This suggests a stable, albeit not rapidly expanding, job market for these professionals, with opportunities generally aligning with national trends.
Salary Overview
The average Physician Assistants in Lexington-Fayette, KY earns-19.7%below the national average.
$52.9
$2,115
$9,166
Physician Assistants Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Physician Assistant salaries in Lexington-Fayette, KY, have experienced growth over the past four years, mirroring national trends. Economic factors and increasing demand for healthcare services typically drive salary increases in specialized medical roles.
Physician Assistants Salary Distribution in Lexington-Fayette, KY
The salary progression for Physician Assistants in Lexington-Fayette, KY, typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills and extensive experience can command salaries in the higher percentiles, reflecting a clear career growth trajectory within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $49,150 | $23.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $82,493 | $39.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $108,400 | $52.1 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $137,488 | $66.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $173,040 | $83.2 |
Detailed Physician Assistants Market Analysis
Relocation Context
Nominal Salary
$109,990
Gross Pay
Real Wage (Purchasing Power)
$109,990
Adjusted for COL (100)
The average annual salary of $109,990 in Lexington-Fayette, KY, is perfectly balanced by the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Physician Assistant's salary in this area is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability.
Job Market Context
280
Total Jobs
0.974
Per 1K Jobs
0.97
Location Quotient
Lexington-Fayette, KY has 0.97x the national average concentration of Physician Assistants 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 0.97 for Physician Assistants in Lexington-Fayette, KY, signifies that the concentration of these professionals is very close to the national average. This suggests a competitive yet stable job market, where the number of available positions is generally in line with the number of qualified professionals, indicating neither a significant surplus nor a pronounced shortage.
Nearby Job Markets
Nearby Cities for Physician Assistants
| City | Salary | Dist. |
|---|---|---|
| Central Kentucky nonmetropolitan area Physician Assistants Salary | $96,550↓ 12% | 28 mi |
| South Central Kentucky nonmetropolitan area Physician Assistants Salary | $99,710↓ 9% | 28 mi |
| West Kentucky nonmetropolitan area Physician Assistants Salary | $105,730↓ 4% | 28 mi |
| East Kentucky nonmetropolitan area Physician Assistants Salary | $113,900↑ 4% | 28 mi |
| Louisville/Jefferson County, KY-IN Physician Assistants Salary | $123,380↑ 12% | 72 mi |
Comparing salaries near Lexington-Fayette, KY
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Frequently Asked Questions
How much does a Physician Assistants make in Lexington-Fayette, KY?
The median annual salary for a Physician Assistants in Lexington-Fayette, KY is $109,990. This typically ranges from $49,150 for entry-level positions to $173,040 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lexington-Fayette, KY is 19.7% lower than the national median of $136,910.
Is Lexington-Fayette, KY a lucrative place for Physician Assistants?
No, not exceptionally lucrative compared to the national average.While the average salary of $109,990 is substantial, it falls below the national average of $136,910. However, the cost of living is also at the national average, meaning the salary's purchasing power is equivalent.
Is Lexington-Fayette, KY a good place to live for Physician Assistants?
The Cost of Living Index in Lexington-Fayette, KY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lexington-Fayette, KY?
Some top paying nearby cities include Central Kentucky nonmetropolitan area ($96,550) and South Central Kentucky nonmetropolitan area.
How does the Lexington-Fayette, KY Physician Assistant salary compare to the national average?
Physician Assistants in Lexington-Fayette, KY, earn an average of $109,990 annually, which is approximately $27,000 less than the national average of $136,910.
What is the job market like for Physician Assistants in Lexington-Fayette, KY?
The job market is stable, with a concentration of Physician Assistants (Location Quotient 0.97) that closely matches the national average, indicating a balanced supply and demand.
Does the cost of living affect the value of a Physician Assistant's salary in Lexington-Fayette, KY?
No, the cost of living in Lexington-Fayette, KY, is exactly at the national average (100), meaning the $109,990 salary has the same purchasing power as the national average salary.
How many Physician Assistants work in Lexington-Fayette, KY?
There are approximately 280 Physician Assistants employed in the Lexington-Fayette, KY area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Lexington-Fayette, KY area with a job density of 0.974 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physician Assistants • Data source: BLS OEWS 2024 •Jobs in Lexington-Fayette, KY