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Average Physicians, All Other Salary in Mississippi

Physicians in Mississippi are earning an impressive average annual salary of $302,540, significantly surpassing the national average of $256,170. This elevated compensation in Mississippi can be attributed to a combination of factors, including the state's specific healthcare needs and potentially a lower supply of highly specialized medical professionals relative to demand.

Executive Summary

  • Average Salary: $302,540 per year.
  • Growth Trend: Salaries have shifted 69.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $453,810.
  • Outlook: With a local workforce of 1,380 Physicians, All Other, and a jobs-per-1,000-workers ratio of 1.194, Mississippi presents a stable, albeit not hyper-concentrated, job market for these professionals. The location quotient of 0.58 suggests that while physicians are present, the field is not as densely populated as the national average, indicating a steady demand for their services within the state.
2024 Market Data

Salary Overview

$302,540

The average Physicians, All Other in Mississippi earns+18.1%above the national average.

BreakdownBased on 40h/week
Hourly

$145.5

Weekly

$5,818

Monthly

$25,212

Physicians, All Other Salary Distribution in Mississippi

The salary range for Physicians, All Other, in Mississippi, like elsewhere, is significantly influenced by experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more, potentially reaching into the upper percentiles. The widening gap between entry-level and senior roles signifies clear career progression and earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$74,430$35.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$226,905$109.1
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$302,536$145.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$378,175$181.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$453,810$218.2

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$302,540

Gross Pay

Real Wage (Purchasing Power)

$348,950

Adjusted for COL (86.7)

The nominal average annual salary of $302,540 in Mississippi offers substantial purchasing power, especially when contrasted with the state's Cost of Living Index of 86.7, which is notably below the national average of 100. This means that a physician's income in Mississippi will likely stretch further, allowing for a higher standard of living or greater savings potential compared to higher cost-of-living states.

Job Market Context

1,380

Total Jobs

1.194

Per 1K Jobs

0.58

Location Quotient

Below Average

Mississippi has 0.58x 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 0.58 indicates that Physicians, All Other, are less concentrated in Mississippi compared to the national average. This suggests that the job market may be less saturated, potentially leading to more opportunities for qualified physicians and a stronger negotiating position for those seeking employment or career advancement within the state.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Jackson, MS Physicians, All Other Salary$322,390 7%43 mi

Comparing salaries near Mississippi

Hiring Physicians, All Others?

Frequently Asked Questions

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

The median annual salary for a Physicians, All Other in Mississippi is $302,540. This typically ranges from $74,430 for entry-level positions to $453,810 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mississippi is 18.1% higher than the national median of $256,170.

Is Mississippi a lucrative place for Physicians, All Others?

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

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

With a Cost of Living Index of 86.7 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Mississippi?

Some top paying nearby cities include Jackson, MS ($322,390) and others.

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

Physicians in Mississippi earn an average of $302,540 annually, which is substantially higher than the national average of $256,170.

What is the concentration of physicians in Mississippi?

The concentration of Physicians, All Other, in Mississippi, measured by the Location Quotient, is 0.58, indicating they are less prevalent than the national average.

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

With a Cost of Living Index of 86.7, Mississippi is more affordable than the national average, making the $302,540 salary provide greater purchasing power.

What does the jobs per 1,000 workers metric mean for physicians in Mississippi?

The 1.194 jobs per 1,000 workers indicates a steady presence of physician roles within the state's overall workforce, suggesting consistent employment opportunities.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,380 employees in the Mississippi area with a job density of 1.194 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.