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Average Physicians, All Other Salary in Eastern North Carolina nonmetropolitan area

Physicians in Eastern North Carolina's nonmetropolitan areas earn an average annual salary of $253,260. This figure is slightly below the national average of $256,170, a common occurrence in regions with a lower cost of living and potentially different healthcare demands compared to major metropolitan hubs. The specific economic landscape and healthcare needs of this area influence compensation for these vital medical professionals.

Executive Summary

  • Average Salary: $253,260 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $379,890.
  • Outlook: The job market for Physicians, All Other in Eastern North Carolina's nonmetropolitan areas, while not as concentrated as the national average (Location Quotient of 0.4), still represents a consistent need for medical expertise. With a total local workforce of 220, the presence of these professionals is significant within the community's healthcare infrastructure, indicating a stable, albeit not rapidly expanding, demand.
2024 Market Data

Salary Overview

$253,260

The average Physicians, All Other in Eastern North Carolina nonmetropolitan area earns-1.1%below the national average.

BreakdownBased on 40h/week
Hourly

$121.8

Weekly

$4,870

Monthly

$21,105

Physicians, All Other Salary Distribution in Eastern North Carolina nonmetropolitan area

The salary trajectory for Physicians, All Other in Eastern North Carolina nonmetropolitan areas typically shows a significant increase with experience. Entry-level physicians might start at a lower percentile, but as they gain years of practice, build specialized skills, and take on more complex cases, their earning potential escalates considerably. The widening gap between entry-level and senior physician salaries reflects the value placed on accumulated expertise and responsibility within the medical field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$61,480$29.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$189,945$91.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$234,080$112.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$316,575$152.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$379,890$182.6

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$253,260

Gross Pay

Real Wage (Purchasing Power)

$253,260

Adjusted for COL (100)

With a nominal average annual salary of $253,260 and a Cost of Living Index of 100, physicians relocating to or practicing in Eastern North Carolina's nonmetropolitan areas will find their earnings align precisely with the national average cost of living. This means their purchasing power for goods and services is comparable to the national standard, offering a stable financial foundation without the premium often associated with higher cost-of-living regions.

Job Market Context

220

Total Jobs

0.822

Per 1K Jobs

0.4

Location Quotient

Low Concentration

At 0.40x, Eastern North Carolina nonmetropolitan area has a notably lower concentration of Physicians, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.4 for Physicians, All Other in Eastern North Carolina's nonmetropolitan areas indicates that this profession is less concentrated here compared to the national average. This suggests that while there is a demand for these services, the market is not saturated, potentially offering good opportunities for physicians seeking to establish or advance their careers in a region that values their specialized skills.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near Eastern North Carolina nonmetropolitan area

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Eastern North Carolina nonmetropolitan area?

The median annual salary for a Physicians, All Other in Eastern North Carolina nonmetropolitan area is $253,260. This typically ranges from $61,480 for entry-level positions to $379,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Eastern North Carolina nonmetropolitan area is 1.1% lower than the national median of $256,170.

Is Eastern North Carolina nonmetropolitan area a lucrative place for Physicians, All Other?

Yes, it offers competitive compensation relative to the cost of living.Physicians earn an average of $253,260, which aligns with the national average cost of living, making it a financially stable location. While slightly below the national salary average, the lack of a cost-of-living premium ensures strong purchasing power.

Is Eastern North Carolina nonmetropolitan area a good place to live for Physicians, All Others?

The Cost of Living Index in Eastern North Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Eastern North Carolina nonmetropolitan area?

Some top paying nearby cities include Greensboro-High Point, NC ($300,770) and Pinehurst-Southern Pines, NC.

How does the physician salary in Eastern North Carolina compare to the national average?

The average annual salary for Physicians, All Other in Eastern North Carolina's nonmetropolitan areas is $253,260, which is slightly lower than the national average of $256,170.

What is the concentration of Physicians, All Other in this region?

The concentration, measured by the Location Quotient, is 0.4, indicating that this profession is less common in Eastern North Carolina's nonmetropolitan areas compared to the national average.

How does the cost of living in Eastern North Carolina affect physician salaries?

The Cost of Living Index is 100, which is the national average. This means the physician salary of $253,260 provides purchasing power equivalent to the national average, offering good financial stability.

What does the total local workforce size suggest about physician job opportunities?

With a total local workforce of 220 physicians, the presence of these professionals is significant within the community's healthcare system, suggesting a stable demand for their services.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 220 employees in the Eastern North Carolina nonmetropolitan area area with a job density of 0.822 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.