Average Physicians, All Other Salary in Baltimore-Columbia-Towson, MD
Physicians, All Other in the Baltimore-Columbia-Towson, MD area earn an average annual salary of $232,520. This figure is slightly below the national average of $256,170, suggesting a nuanced compensation landscape influenced by regional economic factors and healthcare demand within the state. The specific pay rates are often dictated by the unique supply and demand dynamics of the local medical community.
Executive Summary
- Average Salary: $232,520 per year.
- Growth Trend: Salaries have shifted 5.5% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $348,780.
- Outlook: The Baltimore-Columbia-Towson metropolitan area supports a substantial workforce of 3,420 Physicians, All Other. With a Location Quotient of 1.25, this indicates a higher concentration of these professionals compared to the national average, suggesting a robust and established market for medical expertise. This concentration points to a healthy demand and a well-developed healthcare infrastructure capable of supporting a significant number of physicians.
Salary Overview
The average Physicians, All Other in Baltimore-Columbia-Towson, MD earns-9.2%below the national average.
$111.8
$4,472
$19,377
Physicians, All Other Salary Trends (2020-2024)
While specific historical data for this exact role in Baltimore is not provided, the healthcare sector nationally has experienced consistent growth over the past four years. It is reasonable to assume that salaries for Physicians, All Other in Baltimore-Columbia-Towson have also seen a steady upward trend, mirroring the increasing demand for medical services and the ongoing advancements in healthcare, which typically correlate with salary increases.
Physicians, All Other Salary Distribution in Baltimore-Columbia-Towson, MD
Salary progression for Physicians, All Other in Baltimore-Columbia-Towson typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn considerably more. The percentile gaps in salary data, from the lower to the upper echelons, clearly signify substantial career progression and earning potential over a physician's career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $68,000 | $32.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $174,390 | $83.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $226,570 | $108.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $290,650 | $139.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $348,780 | $167.7 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$232,520
Gross Pay
Real Wage (Purchasing Power)
$232,520
Adjusted for COL (100)
The average annual salary of $232,520 in Baltimore-Columbia-Towson aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a physician's salary in this region is comparable to the national standard, offering a stable financial environment. While not offering a cost-of-living advantage, the salary is sufficient to maintain a standard of living equivalent to the national average.
Job Market Context
3,420
Total Jobs
2.553
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Baltimore-Columbia-Towson, MD has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.
A Location Quotient of 1.25 for Physicians, All Other in Baltimore-Columbia-Towson signifies that this metropolitan area has 25% more of these professionals relative to its general workforce size than the national average. This higher concentration suggests a competitive market where demand is strong enough to support a larger pool of physicians, potentially leading to more specialized opportunities and a dynamic professional environment.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Maryland nonmetropolitan area Physicians, All Other Salary | $253,350↑ 9% | 19 mi |
| Washington-Arlington-Alexandria, DC-VA-MD-WV Physicians, All Other Salary | $209,050↓ 10% | 35 mi |
| Lancaster, PA Physicians, All Other Salary | $227,360↓ 2% | 55 mi |
Comparing salaries near Baltimore-Columbia-Towson, MD
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Baltimore-Columbia-Towson, MD?
The median annual salary for a Physicians, All Other in Baltimore-Columbia-Towson, MD is $232,520. This typically ranges from $68,000 for entry-level positions to $348,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Baltimore-Columbia-Towson, MD is 9.2% lower than the national median of $256,170.
Is Baltimore-Columbia-Towson, MD a lucrative place for Physicians, All Others?
Yes, with caveats.The average salary of $232,520 is substantial, and the location quotient of 1.25 indicates a strong presence of these roles. However, the salary is slightly below the national average, and the cost of living is at the national average, meaning it's competitive but not exceptionally high compared to national benchmarks.
Is Baltimore-Columbia-Towson, MD a good place to live for Physicians, All Others?
The Cost of Living Index in Baltimore-Columbia-Towson, MD is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Baltimore-Columbia-Towson, MD?
Some top paying nearby cities include Maryland nonmetropolitan area ($253,350) and Washington-Arlington-Alexandria, DC-VA-MD-WV.
How does the Baltimore-Columbia-Towson physician salary compare to the national average?
Physicians, All Other in Baltimore-Columbia-Towson earn an average of $232,520 annually, which is approximately 9% lower than the national average of $256,170.
What does a Location Quotient of 1.25 mean for physicians in Baltimore?
A Location Quotient of 1.25 indicates that Baltimore-Columbia-Towson has a higher concentration of Physicians, All Other compared to the national average, suggesting a robust job market and demand for these professionals in the region.
How does the cost of living in Baltimore-Columbia-Towson affect physician salaries?
With a Cost of Living Index of 100, Baltimore-Columbia-Towson is at the national average. This means the $232,520 salary offers purchasing power equivalent to the national average, without the benefit of a lower cost of living.
What is the total number of Physicians, All Other in the Baltimore-Columbia-Towson area?
There are approximately 3,420 Physicians, All Other employed within the Baltimore-Columbia-Towson 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 3,420 employees in the Baltimore-Columbia-Towson, MD area with a job density of 2.553 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Baltimore-Columbia-Towson, MD