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Average Physicians, All Other Salary in Michigan

Physicians, All Other in Michigan earn an average annual salary of $201,520. This figure is notably below the national average of $256,170, suggesting that while Michigan offers a substantial income, regional economic factors and healthcare market dynamics may influence compensation levels compared to the broader U.S. landscape.

Executive Summary

  • Average Salary: $201,520 per year.
  • Growth Trend: Salaries have shifted 7.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $302,280.
  • Outlook: With a substantial local workforce of 14,570, the presence of Physicians, All Other in Michigan is significant. The location quotient of 1.62 indicates a higher concentration of these professionals in Michigan than the national average, pointing towards a robust and potentially growing demand for their specialized skills within the state's healthcare sector.
2024 Market Data

Salary Overview

$201,520

The average Physicians, All Other in Michigan earns-21.3%below the national average.

BreakdownBased on 40h/week
Hourly

$96.9

Weekly

$3,875

Monthly

$16,793

Physicians, All Other Salary Distribution in Michigan

Salary progression for Physicians, All Other in Michigan typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, often reaching into the higher percentiles. The widening gap between entry-level and senior salaries reflects the career advancement and increased value brought by years of practice and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$62,840$30.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$151,140$72.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$197,950$95.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$251,900$121.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$302,280$145.3

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$201,520

Gross Pay

Real Wage (Purchasing Power)

$222,428

Adjusted for COL (90.6)

The average annual salary of $201,520 in Michigan presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 90.6. This index is below the national average of 100, meaning that the nominal salary earned by physicians in Michigan can translate into a higher real income and a better standard of living compared to areas with a higher cost of living.

Job Market Context

14,570

Total Jobs

3.319

Per 1K Jobs

1.62

Location Quotient

Major Hub

Michigan has 1.6x 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.

Michigan's location quotient of 1.62 for Physicians, All Other signifies a notable concentration of this profession within the state, exceeding the national average. This suggests that the job market is not only stable but potentially more competitive or specialized, with a higher density of opportunities and professionals compared to other regions, indicating a strong presence and demand for these medical experts.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Saginaw, MI Physicians, All Other Salary$250,530↑ 24%30 mi
Lansing-East Lansing, MI Physicians, All Other Salary$255,010↑ 27%42 mi
Flint, MI Physicians, All Other Salary$214,480↑ 6%47 mi

Comparing salaries near Michigan

Hiring Physicians, All Others?

Frequently Asked Questions

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

The median annual salary for a Physicians, All Other in Michigan is $201,520. This typically ranges from $62,840 for entry-level positions to $302,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Michigan is 21.3% lower than the national median of $256,170.

Is Michigan a lucrative place for Physicians, All Other?

Yes, with a strong cost of living advantage.Physicians, All Other in Michigan earn a significant average salary of $201,520, and with a cost of living below the national average, their purchasing power is enhanced.

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

With a Cost of Living Index of 90.6 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Michigan?

Some top paying nearby cities include Saginaw, MI ($250,530) and Lansing-East Lansing, MI.

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

The average annual salary for Physicians, All Other in Michigan is $201,520, which is lower than the national average of $256,170.

What is the concentration of Physicians, All Other in Michigan?

Michigan has a location quotient of 1.62 for Physicians, All Other, indicating a higher concentration of these professionals compared to the national average.

How does the cost of living in Michigan affect physician salaries?

With a Cost of Living Index of 90.6, Michigan's lower cost of living means that the average salary of $201,520 offers a relatively good standard of living and purchasing power.

What is the total number of Physicians, All Other employed in Michigan?

There are approximately 14,570 Physicians, All Other employed within the state of Michigan.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,570 employees in the Michigan area with a job density of 3.319 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 Michigan