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Average Physician Assistants Salary in Louisville/Jefferson County, KY-IN

Physician Assistants in Louisville/Jefferson County, KY-IN earn an average annual salary of $123,380. This figure is below the national average of $136,910, suggesting that local market dynamics and potentially a lower concentration of specialized healthcare roles influence compensation in this region. While the nominal salary is lower, understanding the cost of living is crucial for a complete picture.

Executive Summary

  • Average Salary: $123,380 per year.
  • Growth Trend: Salaries have shifted 41.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,430.
  • Outlook: The Louisville/Jefferson County, KY-IN area supports a local workforce of 450 Physician Assistants. With a Location Quotient of 0.66, the concentration of these professionals is below the national average, indicating a less saturated market relative to other regions. The presence of 0.661 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for Physician Assistants in the area.
2024 Market Data

Salary Overview

$123,380

The average Physician Assistants in Louisville/Jefferson County, KY-IN earns-9.9%below the national average.

BreakdownBased on 40h/week
Hourly

$59.3

Weekly

$2,373

Monthly

$10,282

Physician Assistants Salary Distribution in Louisville/Jefferson County, KY-IN

Salary progression for Physician Assistants in Louisville/Jefferson County, KY-IN typically correlates with experience. Entry-level PAs can expect to earn at the lower end of the pay scale, while those with several years of experience and specialized skills will command higher salaries. The difference between the 25th percentile and the 75th percentile salaries signifies the potential for career advancement and increased earning power as PAs gain expertise and take on more responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$67,340$32.4
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$92,535$44.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$126,150$60.6
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$154,225$74.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$163,430$78.6

Detailed Physician Assistants Market Analysis

Relocation Context

Nominal Salary

$123,380

Gross Pay

Real Wage (Purchasing Power)

$123,380

Adjusted for COL (100)

The average Physician Assistant salary of $123,380 in Louisville/Jefferson County, KY-IN aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, making the nominal salary figure a fair representation of the standard of living achievable in the area without significant financial strain related to living expenses.

Job Market Context

450

Total Jobs

0.661

Per 1K Jobs

0.66

Location Quotient

Below Average

Louisville/Jefferson County, KY-IN has 0.66x 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 0.66 for Physician Assistants in Louisville/Jefferson County, KY-IN indicates that the concentration of these professionals is lower than the national average. This suggests that while there is a stable presence of PAs, the job market may not be as intensely competitive as in areas with higher LQs, potentially offering more opportunities for skilled individuals entering the field or seeking new roles.

Nearby Job Markets

Nearby Cities for Physician Assistants

Comparing salaries near Louisville/Jefferson County, KY-IN

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Frequently Asked Questions

How much does a Physician Assistants make in Louisville/Jefferson County, KY-IN?

The median annual salary for a Physician Assistants in Louisville/Jefferson County, KY-IN is $123,380. This typically ranges from $67,340 for entry-level positions to $163,430 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Louisville/Jefferson County, KY-IN is 9.9% lower than the national median of $136,910.

Is Louisville/Jefferson County, KY-IN a lucrative place for Physician Assistants?

No, not exceptionally lucrative compared to the national average.While the average salary of $123,380 is substantial, it falls below the national average of $136,910. However, the cost of living being at the national average means the salary's purchasing power is equivalent.

Is Louisville/Jefferson County, KY-IN a good place to live for Physician Assistants?

The Cost of Living Index in Louisville/Jefferson County, KY-IN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Louisville/Jefferson County, KY-IN?

Some top paying nearby cities include Columbus, IN ($142,250) and Central Kentucky nonmetropolitan area.

How does the Louisville Physician Assistant salary compare to the national average?

The average annual salary for Physician Assistants in Louisville/Jefferson County, KY-IN is $123,380, which is approximately 10% lower than the national average of $136,910.

What is the job market like for Physician Assistants in Louisville?

The job market in Louisville/Jefferson County, KY-IN is moderately concentrated, with a Location Quotient of 0.66, suggesting a stable but less dense presence of Physician Assistants compared to national averages.

Does the cost of living in Louisville affect the Physician Assistant salary?

No, the cost of living in Louisville/Jefferson County, KY-IN is exactly at the national average (100), meaning the $123,380 salary offers a standard of living comparable to the national average.

How many Physician Assistants work in Louisville/Jefferson County, KY-IN?

There are approximately 450 Physician Assistants employed in the Louisville/Jefferson County, KY-IN 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 450 employees in the Louisville/Jefferson County, KY-IN area with a job density of 0.661 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.