Average Physicians, All Other Salary in Evansville, IN
Physicians, All Other in Evansville, IN, command an impressive average annual salary of $292,820, significantly surpassing the national average of $256,170. This elevated compensation reflects the specialized nature of medical professions and potentially the specific healthcare needs and market dynamics within the Evansville region.
Executive Summary
- Average Salary: $292,820 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $439,230.
- Outlook: With a total local workforce of 210 Physicians, All Other, and a Location Quotient of 0.75, Evansville presents a market that is slightly less concentrated than the national average. While not a major hub for this specific role, the presence of 1.541 jobs per 1,000 workers indicates a steady, albeit not booming, demand for these medical professionals.
Salary Overview
The average Physicians, All Other in Evansville, IN earns+14.3%above the national average.
$140.8
$5,631
$24,402
Physicians, All Other Salary Trends (2020-2024)
While specific historical data for Evansville is not provided, it is reasonable to assume that salaries for Physicians, All Other have experienced consistent growth over the past four years, mirroring national trends. Economic factors, increasing healthcare demands, and inflation typically drive upward salary adjustments in specialized fields like medicine.
Physicians, All Other Salary Distribution in Evansville, IN
The career trajectory for Physicians, All Other typically involves significant salary increases with experience. Entry-level positions will naturally command lower salaries, while senior physicians with extensive experience and specialized skills can expect to earn substantially more, often reaching into the upper percentiles of the salary range. The gap between entry-level and senior roles signifies substantial career progression and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $65,490 | $31.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $219,615 | $105.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $292,822 | $140.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $366,025 | $176 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $439,230 | $211.2 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$292,820
Gross Pay
Real Wage (Purchasing Power)
$292,820
Adjusted for COL (100)
The average annual salary of $292,820 in Evansville, IN, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a physician's salary in Evansville is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
210
Total Jobs
1.541
Per 1K Jobs
0.75
Location Quotient
Evansville, IN has 0.75x 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.
A Location Quotient of 0.75 suggests that Physicians, All Other are slightly less prevalent in Evansville, IN, compared to the national average. This indicates a market that is neither oversaturated nor critically undersupplied, implying a stable demand for qualified professionals within the local healthcare system.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Owensboro, KY Physicians, All Other Salary | $333,430↑ 14% | 28 mi |
| Paducah, KY-IL Physicians, All Other Salary | $273,510↓ 7% | 88 mi |
| Bloomington, IN Physicians, All Other Salary | $297,450↑ 2% | 98 mi |
Comparing salaries near Evansville, IN
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Evansville, IN?
The median annual salary for a Physicians, All Other in Evansville, IN is $292,820. This typically ranges from $65,490 for entry-level positions to $439,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Evansville, IN is 14.3% higher than the national median of $256,170.
Is Evansville, IN a lucrative place for Physicians, All Others?
Yes, Evansville, IN offers a lucrative environment for Physicians, All Other.The average salary of $292,820 significantly exceeds the national average, and the cost of living is on par with the national average, enhancing purchasing power.
Is Evansville, IN a good place to live for Physicians, All Others?
The Cost of Living Index in Evansville, IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Evansville, IN?
Some top paying nearby cities include Owensboro, KY ($333,430) and Paducah, KY-IL.
How does the Evansville physician salary compare to the national average?
Physicians, All Other in Evansville earn an average of $292,820 annually, which is considerably higher than the national average of $256,170.
What is the concentration of Physicians, All Other in Evansville?
The concentration, measured by the Location Quotient, is 0.75, indicating that this profession is slightly less common in Evansville compared to the national average.
How does the cost of living in Evansville affect physician salaries?
With a Cost of Living Index of 100, Evansville's cost of living is at the national average. This means the $292,820 salary offers purchasing power equivalent to the national average.
What does the job market look like for Physicians, All Other in Evansville?
The market shows a steady presence with 1.541 jobs per 1,000 workers, suggesting consistent demand without extreme competition, supported by a total local workforce of 210.
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 Evansville, IN area with a job density of 1.541 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 Evansville, IN