Average Physicians, All Other Salary in Florence, SC
Physicians in Florence, SC, command an impressive average annual salary of $326,200, significantly surpassing the national average of $256,170. This elevated compensation is often driven by specialized local demand and the unique healthcare needs of the region, making Florence a notable hub for medical professionals.
Executive Summary
- Average Salary: $326,200 per year.
- Growth Trend: Salaries have shifted 59.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $489,300.
- Outlook: The Florence, SC market for Physicians, All Other, demonstrates a robust demand, indicated by a substantial local workforce of 450 individuals. The Location Quotient of 2.47 suggests a concentration of these roles significantly higher than the national average, pointing towards a strong and potentially growing job market for this profession within the area.
Salary Overview
The average Physicians, All Other in Florence, SC earns+27.3%above the national average.
$156.8
$6,273
$27,183
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Physicians, All Other, in Florence, SC, has experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare demands, advancements in medical technology, and inflation likely contribute to a positive salary trajectory for these highly skilled professionals.
Physicians, All Other Salary Distribution in Florence, SC
The salary spectrum for Physicians, All Other, typically shows a significant increase with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive expertise and specialized skills can command salaries in the higher percentiles. The discernible gaps between salary percentiles clearly signify the career progression and earning potential available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $78,400 | $37.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $244,650 | $117.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $326,206 | $156.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $407,750 | $196 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $489,300 | $235.2 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$326,200
Gross Pay
Real Wage (Purchasing Power)
$326,200
Adjusted for COL (100)
The nominal average salary of $326,200 in Florence, SC, presents a highly favorable financial outlook, especially considering the local Cost of Living Index is precisely at the national average of 100. This means that the purchasing power of a physician's salary in Florence is equivalent to the national standard, allowing for a comfortable lifestyle without the added burden of higher living expenses.
Job Market Context
450
Total Jobs
5.048
Per 1K Jobs
2.47
Location Quotient
Florence, SC has 2.5x the national concentration of Physicians, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.47, Florence, SC, exhibits a significantly higher concentration of Physicians, All Other, compared to the national average. This indicates a specialized and potentially competitive market where these professionals are in high demand relative to the general workforce, suggesting ample opportunities and a strong presence of this medical specialty.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Myrtle Beach-Conway-North Myrtle Beach, SC Physicians, All Other Salary | $292,870↓ 10% | 61 mi |
| Columbia, SC Physicians, All Other Salary | $357,970↑ 10% | 64 mi |
| Northwestern South Carolina nonmetropolitan area Physicians, All Other Salary | $291,720↓ 11% | 70 mi |
| Northeastern South Carolina nonmetropolitan area Physicians, All Other Salary | $314,890↓ 3% | 70 mi |
Comparing salaries near Florence, SC
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Florence, SC?
The median annual salary for a Physicians, All Other in Florence, SC is $326,200. This typically ranges from $78,400 for entry-level positions to $489,300 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Florence, SC is 27.3% higher than the national median of $256,170.
Is Florence, SC a lucrative place for Physicians, All Other?
Yes, Florence, SC is a highly lucrative location for Physicians, All Other.Physicians in Florence, SC, earn substantially more than the national average, and with a cost of living at the national average, their purchasing power is exceptionally strong.
Is Florence, SC a good place to live for Physicians, All Others?
The Cost of Living Index in Florence, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Florence, SC?
Some top paying nearby cities include Myrtle Beach-Conway-North Myrtle Beach, SC ($292,870) and Columbia, SC.
How does the Florence, SC physician salary compare to the national average?
Physicians in Florence, SC, earn an average of $326,200 annually, which is considerably higher than the national average of $256,170.
What is the concentration of Physicians, All Other, in Florence, SC?
Florence, SC, has a concentration of Physicians, All Other, that is 2.47 times the national average, indicating a significant presence of this profession.
How does the cost of living in Florence, SC, affect physician salaries?
The cost of living in Florence, SC, is at the national average (100), meaning the higher nominal salary of $326,200 translates directly into strong purchasing power for physicians.
What is the total number of Physicians, All Other, in Florence, SC?
There are approximately 450 Physicians, All Other, working in Florence, SC.
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 Florence, SC area with a job density of 5.048 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 Florence, SC