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Average Physicians, All Other Salary in Morgantown, WV

Physicians, All Other in Morgantown, WV, earn an average annual salary of $124,030. This figure is notably lower than the national average of $256,170, suggesting that local economic factors, demand, and potentially the specific sub-specialties prevalent in the region play a significant role in shaping compensation.

Executive Summary

  • Average Salary: $124,030 per year.
  • Growth Trend: Salaries have shifted 33.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $186,045.
  • Outlook: Morgantown, WV, hosts a local workforce of 320 Physicians, All Other, indicating a substantial presence. The Location Quotient of 2.34 signifies a significantly higher concentration of these professionals compared to the national average, suggesting robust local demand or a specialized healthcare ecosystem that draws and retains this talent.
2024 Market Data

Salary Overview

$124,030

The average Physicians, All Other in Morgantown, WV earns-51.6%below the national average.

BreakdownBased on 40h/week
Hourly

$59.6

Weekly

$2,385

Monthly

$10,336

Physicians, All Other Salary Distribution in Morgantown, WV

The salary spectrum for Physicians, All Other, in Morgantown, WV, likely shows a considerable range from entry-level practitioners to seasoned specialists. While the average stands at $124,030, higher percentile earnings would reflect advanced experience, specialized skills, and potentially leadership roles, with significant percentile gaps indicating clear pathways for career progression and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$66,650$32
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$93,023$44.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$66,650$32
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$155,038$74.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$186,045$89.4

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$124,030

Gross Pay

Real Wage (Purchasing Power)

$124,030

Adjusted for COL (100)

The average annual salary of $124,030 in Morgantown, WV, aligns perfectly with the national average cost of living (Index 100). This means that the purchasing power of a physician's salary in Morgantown is equivalent to the national average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.

Job Market Context

320

Total Jobs

4.783

Per 1K Jobs

2.34

Location Quotient

Major Hub

Morgantown, WV has 2.3x 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 2.34, Morgantown, WV, demonstrates a strong concentration of Physicians, All Other, more than double the national average. This suggests a highly specialized or in-demand market for these medical professionals, indicating a competitive environment where their skills are valued and sought after within the local healthcare infrastructure.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near Morgantown, WV

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Morgantown, WV?

The median annual salary for a Physicians, All Other in Morgantown, WV is $124,030. This typically ranges from $66,650 for entry-level positions to $186,045 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Morgantown, WV is 51.6% lower than the national median of $256,170.

Is Morgantown, WV a lucrative place for Physicians, All Others?

Yes, with caveats.While the average salary of $124,030 is below the national average, the strong concentration (LQ 2.34) and average cost of living suggest a stable and potentially rewarding career environment for physicians in Morgantown.

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

The Cost of Living Index in Morgantown, WV is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Morgantown, WV?

Some top paying nearby cities include Wheeling, WV-OH ($273,550) and Pittsburgh, PA.

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

Physicians, All Other, in Morgantown, WV, earn an average of $124,030 annually, which is significantly lower than the national average of $256,170.

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

Morgantown has a higher concentration of Physicians, All Other, with a Location Quotient of 2.34, indicating they are more prevalent than the national average.

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

Morgantown's cost of living is at the national average (100), meaning the $124,030 salary offers purchasing power equivalent to the national average, making it financially comparable despite the lower nominal salary.

What does the job market look like for Physicians, All Other, in Morgantown?

The market appears robust, with a significant local workforce of 320 and a high concentration (LQ 2.34), suggesting strong demand and a specialized healthcare sector.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Morgantown, WV area with a job density of 4.783 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.