Average Physicians, All Other Salary in Montgomery, AL
Physicians, All Other in Montgomery, AL earn an impressive average annual salary of $275,450, surpassing the national average of $256,170. This elevated compensation reflects the specialized skills and critical responsibilities inherent in medical practice, often influenced by local demand for healthcare services and the specific economic landscape of the region.
Executive Summary
- Average Salary: $275,450 per year.
- Growth Trend: Salaries have shifted 3.3% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $413,175.
- Outlook: With a local workforce of 330 individuals in this specialized field, Montgomery, AL presents a stable employment environment for Physicians, All Other. The Location Quotient of 0.99 indicates a concentration of these professionals that is nearly on par with the national average, suggesting a consistent demand that aligns with broader industry trends.
Salary Overview
The average Physicians, All Other in Montgomery, AL earns+7.5%above the national average.
$132.4
$5,297
$22,954
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Physicians, All Other in Montgomery, AL has experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in medical technology, and inflationary pressures typically contribute to a positive salary trajectory for medical professionals.
Physicians, All Other Salary Distribution in Montgomery, AL
The salary spectrum for Physicians, All Other in Montgomery, AL significantly widens with experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive expertise and specialized certifications can expect to earn substantially more. The discernible gaps between salary percentiles highlight clear opportunities for career progression and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $105,700 | $50.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $206,588 | $99.3 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $275,454 | $132.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $344,313 | $165.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $413,175 | $198.6 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$275,450
Gross Pay
Real Wage (Purchasing Power)
$275,450
Adjusted for COL (100)
The average annual salary of $275,450 for Physicians, All Other in Montgomery, AL is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a physician's salary in Montgomery is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living.
Job Market Context
330
Total Jobs
2.03
Per 1K Jobs
0.99
Location Quotient
Montgomery, AL has 0.99x 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.
The Location Quotient of 0.99 for Physicians, All Other in Montgomery, AL suggests a job market that is closely aligned with the national distribution of this profession. This indicates a healthy and balanced demand for these specialists, neither excessively saturated nor critically underserved, making it a competitive yet accessible market for qualified professionals.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Northeast Alabama nonmetropolitan area Physicians, All Other Salary | $265,890↓ 3% | 44 mi |
| Southeast Alabama nonmetropolitan area Physicians, All Other Salary | $279,410↑ 1% | 44 mi |
| Northwest Alabama nonmetropolitan area Physicians, All Other Salary | $328,620↑ 19% | 44 mi |
| Southwest Alabama nonmetropolitan area Physicians, All Other Salary | $258,310↓ 6% | 44 mi |
| Auburn-Opelika, AL Physicians, All Other Salary | $285,490↑ 4% | 49 mi |
Comparing salaries near Montgomery, AL
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Montgomery, AL?
The median annual salary for a Physicians, All Other in Montgomery, AL is $275,450. This typically ranges from $105,700 for entry-level positions to $413,175 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montgomery, AL is 7.5% higher than the national median of $256,170.
Is Montgomery, AL a lucrative place for Physicians, All Other?
Yes, Montgomery, AL offers a lucrative environment for Physicians, All Other.The average salary of $275,450 significantly exceeds the national average, and the cost of living is on par with the national index, indicating strong earning potential and purchasing power.
Is Montgomery, AL a good place to live for Physicians, All Others?
The Cost of Living Index in Montgomery, AL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montgomery, AL?
Some top paying nearby cities include Northeast Alabama nonmetropolitan area ($265,890) and Southeast Alabama nonmetropolitan area.
How does the total local workforce impact job opportunities for Physicians, All Other in Montgomery, AL?
A local workforce of 330 indicates a substantial presence of these professionals, suggesting a stable job market with consistent opportunities for both new entrants and experienced physicians.
What does a Location Quotient of 0.99 mean for Physicians, All Other in Montgomery, AL?
A Location Quotient of 0.99 signifies that the concentration of Physicians, All Other in Montgomery is very close to the national average, implying a balanced demand and supply within the local healthcare sector.
How does the cost of living in Montgomery, AL affect the physician's salary?
With a Cost of Living Index of 100, the national average, the $275,450 salary in Montgomery offers excellent purchasing power, allowing physicians to maintain a standard of living comparable to the national benchmark.
Are there significant salary differences based on experience for Physicians, All Other in Montgomery, AL?
Yes, as with most medical professions, experience plays a crucial role, with senior physicians commanding higher salaries than those in entry-level positions, reflecting accumulated expertise and responsibility.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the Montgomery, AL area with a job density of 2.03 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Physicians, All Other Salaries by State
Top Jobs in Montgomery, AL
- All Occupations Salary in Montgomery, AL
- Office and Administrative Support Occupations Salary in Montgomery, AL
- Production Occupations Salary in Montgomery, AL
- Transportation and Material Moving Occupations Salary in Montgomery, AL
- Sales and Related Occupations Salary in Montgomery, AL
- Food Preparation and Serving Related Occupations Salary in Montgomery, AL
- Healthcare Practitioners and Technical Occupations Salary in Montgomery, AL
- Business and Financial Operations Occupations Salary in Montgomery, AL
- Management Occupations Salary in Montgomery, AL
- Educational Instruction and Library Occupations Salary in Montgomery, AL
- Browse All Jobs in Montgomery, AL →
Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Montgomery, AL