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Average Physicians, All Other Salary in Kentucky

Physicians, All Other in Kentucky are earning an impressive average annual salary of $295,360, which is notably higher than the national average of $256,170. This elevated compensation in Kentucky can be attributed to a combination of factors, potentially including the state's specific healthcare needs and the demand for specialized medical expertise within the region.

Executive Summary

  • Average Salary: $295,360 per year.
  • Growth Trend: Salaries have shifted 7.0% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $443,040.
  • Outlook: With a local workforce of 3,280 Physicians, All Other, Kentucky presents a substantial presence in this field. The Location Quotient of 0.8 suggests that while the concentration is slightly below the national average, the absolute number of professionals indicates a stable and significant job market for these roles within the state.
2024 Market Data

Salary Overview

$295,360

The average Physicians, All Other in Kentucky earns+15.3%above the national average.

BreakdownBased on 40h/week
Hourly

$142

Weekly

$5,680

Monthly

$24,613

Physicians, All Other Salary Distribution in Kentucky

Salary progression for Physicians, All Other in Kentucky typically scales significantly with experience. Entry-level positions will command lower salaries, while senior physicians with extensive experience and specialized skills can expect to earn considerably more, potentially reaching into the higher percentiles of the salary distribution. The gap between entry-level and senior roles highlights substantial career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$114,100$54.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$221,520$106.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$295,360$142
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$369,200$177.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$443,040$213

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$295,360

Gross Pay

Real Wage (Purchasing Power)

$328,909

Adjusted for COL (89.8)

The average annual salary of $295,360 in Kentucky offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 89.8. This index is below the national average of 100, meaning that the nominal salary translates into a higher real income, allowing physicians to enjoy a better standard of living compared to areas with a higher cost of living.

Job Market Context

3,280

Total Jobs

1.644

Per 1K Jobs

0.8

Location Quotient

Below Average

Kentucky has 0.80x 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 0.8 for Physicians, All Other in Kentucky indicates that the state has a slightly lower concentration of these professionals compared to the national average. This suggests that while the field is established, there may be opportunities for growth and potentially less intense competition for specialized roles compared to more saturated markets.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Lexington-Fayette, KY Physicians, All Other Salary$279,820↓ 5%28 mi
Louisville/Jefferson County, KY-IN Physicians, All Other Salary$285,430↓ 3%72 mi
Cincinnati, OH-KY-IN Physicians, All Other Salary$285,750↓ 3%100 mi

Comparing salaries near Kentucky

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Kentucky?

The median annual salary for a Physicians, All Other in Kentucky is $295,360. This typically ranges from $114,100 for entry-level positions to $443,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kentucky is 15.3% higher than the national median of $256,170.

Is Kentucky a lucrative place for Physicians, All Other?

Yes, Kentucky offers a lucrative environment for Physicians, All Other.The average salary of $295,360 significantly surpasses the national average, and the lower cost of living further enhances the financial attractiveness of practicing medicine in the state.

Is Kentucky a good place to live for Physicians, All Others?

With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Kentucky?

Some top paying nearby cities include Lexington-Fayette, KY ($279,820) and Louisville/Jefferson County, KY-IN.

How does Kentucky's physician salary compare to the national average?

Physicians, All Other in Kentucky earn an average of $295,360 annually, which is approximately $39,190 more than the national average of $256,170.

What is the cost of living in Kentucky compared to the rest of the US?

Kentucky's Cost of Living Index is 89.8, which is 10.2% lower than the national average index of 100, making it a more affordable state to live in.

How many Physicians, All Other work in Kentucky?

There are approximately 3,280 individuals employed as Physicians, All Other in Kentucky.

Is the job market for physicians growing in Kentucky?

While specific growth rates aren't detailed, the substantial workforce size and the general demand for healthcare professionals suggest a stable to growing job market for physicians in Kentucky.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,280 employees in the Kentucky area with a job density of 1.644 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Kentucky