Average Physicians, All Other Salary in Central Kentucky nonmetropolitan area
Physicians, All Other in the Central Kentucky nonmetropolitan area earn an impressive average annual salary of $285,390. This figure significantly surpasses the national average of $256,170, suggesting that the unique healthcare demands and potentially limited supply of specialized medical professionals in this region contribute to higher compensation. The specific economic drivers within Central Kentucky's nonmetropolitan landscape likely play a crucial role in this elevated pay scale.
Executive Summary
- Average Salary: $285,390 per year.
- Growth Trend: Salaries have shifted 3.5% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $428,085.
- Outlook: The Central Kentucky nonmetropolitan area supports a local workforce of 210 Physicians, All Other. While the total workforce size is modest, the concentration, indicated by a Location Quotient of 0.6, suggests a slightly lower presence compared to national averages. However, with 1.233 jobs per 1,000 workers, the demand for these professionals remains present, indicating a stable, albeit not rapidly expanding, job market within this specific geographic niche.
Salary Overview
The average Physicians, All Other in Central Kentucky nonmetropolitan area earns+11.4%above the national average.
$137.2
$5,488
$23,783
Physicians, All Other Salary Trends (2020-2024)
While specific historical data for this precise role and region is not provided, it is generally assumed that the medical field, particularly for physicians, has experienced consistent salary growth over the past four years. Factors such as increasing healthcare needs, advancements in medical technology, and ongoing demand for skilled practitioners typically drive upward salary trends, making it probable that physicians in Central Kentucky have seen their earnings increase over time.
Physicians, All Other Salary Distribution in Central Kentucky nonmetropolitan area
Salary progression for Physicians, All Other in Central Kentucky typically correlates strongly with experience and specialization. Entry-level physicians can expect to earn at the lower end of the pay scale, while those with extensive experience, advanced certifications, and specialized skills will command significantly higher salaries, often reaching the upper percentiles. The gap between entry-level and senior roles highlights clear career advancement opportunities and the value placed on seasoned medical expertise within the region.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $125,440 | $60.3 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $214,043 | $102.9 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $285,397 | $137.2 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $356,738 | $171.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $428,085 | $205.8 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$285,390
Gross Pay
Real Wage (Purchasing Power)
$285,390
Adjusted for COL (100)
The average annual salary of $285,390 in Central Kentucky is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a physician's salary in this area is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living often associated with major metropolitan areas.
Job Market Context
210
Total Jobs
1.233
Per 1K Jobs
0.6
Location Quotient
Central Kentucky nonmetropolitan area has 0.60x the national average concentration of Physicians, All Other jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.6, the Central Kentucky nonmetropolitan area has a lower concentration of Physicians, All Other compared to the national average. This suggests that the job market may be less saturated, potentially leading to greater opportunities for qualified professionals seeking employment. While not a hub for this specific profession, the existing demand, as indicated by jobs per 1,000 workers, ensures a viable market for those looking to practice medicine in this region.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Lexington-Fayette, KY Physicians, All Other Salary | $279,820↓ 2% | 28 mi |
| Louisville/Jefferson County, KY-IN Physicians, All Other Salary | $285,430↑ 0% | 72 mi |
| Cincinnati, OH-KY-IN Physicians, All Other Salary | $285,750↑ 0% | 100 mi |
Comparing salaries near Central Kentucky nonmetropolitan area
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Central Kentucky nonmetropolitan area?
The median annual salary for a Physicians, All Other in Central Kentucky nonmetropolitan area is $285,390. This typically ranges from $125,440 for entry-level positions to $428,085 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Central Kentucky nonmetropolitan area is 11.4% higher than the national median of $256,170.
Is Central Kentucky nonmetropolitan area a lucrative place for Physicians, All Others?
Yes, it is a lucrative place for Physicians, All Others.The average salary of $285,390 significantly exceeds the national average, and the cost of living is on par with the national average, offering strong purchasing power.
Is Central Kentucky nonmetropolitan area a good place to live for Physicians, All Others?
The Cost of Living Index in Central Kentucky nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Central Kentucky nonmetropolitan area?
Some top paying nearby cities include Lexington-Fayette, KY ($279,820) and Louisville/Jefferson County, KY-IN.
How does the salary compare to the national average?
Physicians, All Other in Central Kentucky earn an average of $285,390 annually, which is notably higher than the national average of $256,170.
What is the cost of living in Central Kentucky compared to the nation?
The cost of living in the Central Kentucky nonmetropolitan area is exactly at the national average, with an index of 100.
Is there high demand for Physicians, All Other in this region?
While the concentration (Location Quotient of 0.6) is below the national average, there are 1.233 jobs per 1,000 workers, indicating a steady demand for these professionals.
What does the Location Quotient of 0.6 mean for job seekers?
A Location Quotient of 0.6 suggests that Physicians, All Other are less concentrated in this area compared to the national average, potentially indicating fewer competitors and more available positions relative to the workforce size.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Central Kentucky nonmetropolitan area area with a job density of 1.233 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Physicians, All Other Salaries by State
Top Jobs in Central Kentucky nonmetropolitan area
- All Occupations Salary in Central Kentucky nonmetropolitan area
- Production Occupations Salary in Central Kentucky nonmetropolitan area
- Office and Administrative Support Occupations Salary in Central Kentucky nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Central Kentucky nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Central Kentucky nonmetropolitan area
- Sales and Related Occupations Salary in Central Kentucky nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Central Kentucky nonmetropolitan area
- Management Occupations Salary in Central Kentucky nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in Central Kentucky nonmetropolitan area
- Business and Financial Operations Occupations Salary in Central Kentucky nonmetropolitan area
- Browse All Jobs in Central Kentucky nonmetropolitan area →
Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Central Kentucky nonmetropolitan area