Average Physicians, All Other Salary in Myrtle Beach-Conway-North Myrtle Beach, SC
Physicians, All Other in the Myrtle Beach-Conway-North Myrtle Beach, SC area are earning an impressive average annual salary of $292,870. This figure significantly surpasses the national average of $256,170, indicating a strong demand and potentially higher value placed on medical expertise within this specific region. Factors such as specialized healthcare needs or a competitive market likely contribute to this elevated compensation.
Executive Summary
- Average Salary: $292,870 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $439,305.
- Outlook: The local job market for Physicians, All Other in Myrtle Beach-Conway-North Myrtle Beach, SC appears robust, with a total workforce of 480 individuals in this role. The location quotient of 1.62 suggests a concentration of these professionals that is 62% higher than the national average, pointing towards a healthy and potentially growing demand for their services within the area.
Salary Overview
The average Physicians, All Other in Myrtle Beach-Conway-North Myrtle Beach, SC earns+14.3%above the national average.
$140.8
$5,632
$24,406
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the compensation for Physicians, All Other in Myrtle Beach-Conway-North Myrtle Beach, SC has experienced consistent growth over the past four years, mirroring national trends. Economic factors, evolving healthcare demands, and inflation typically drive upward adjustments in salaries for specialized medical professionals.
Physicians, All Other Salary Distribution in Myrtle Beach-Conway-North Myrtle Beach, SC
Salary progression for Physicians, All Other typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to reach the higher percentiles of the $292,870 average. The widening gap between entry-level and senior salaries reflects the increasing value and responsibility associated with advanced medical practice.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $16,210 | $7.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $219,653 | $105.6 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $292,864 | $140.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $366,088 | $176 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $439,305 | $211.2 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$292,870
Gross Pay
Real Wage (Purchasing Power)
$292,870
Adjusted for COL (100)
The average annual salary of $292,870 in Myrtle Beach-Conway-North Myrtle Beach, SC aligns perfectly with the national average cost of living (index of 100). This means that the purchasing power of a physician's salary in this area is equivalent to the national average, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living.
Job Market Context
480
Total Jobs
3.31
Per 1K Jobs
1.62
Location Quotient
Myrtle Beach-Conway-North Myrtle Beach, SC 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.
With a location quotient of 1.62, the Myrtle Beach-Conway-North Myrtle Beach, SC area demonstrates a notable concentration of Physicians, All Other compared to the national average. This suggests that the job market here is more specialized and potentially more competitive for these professionals, or that the region has a higher demand for their specific skill sets relative to other areas.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Florence, SC Physicians, All Other Salary | $326,200↑ 11% | 61 mi |
| Wilmington, NC Physicians, All Other Salary | $269,570↓ 8% | 67 mi |
| Charleston-North Charleston, SC Physicians, All Other Salary | $295,490↑ 1% | 88 mi |
| Fayetteville, NC Physicians, All Other Salary | $387,990↑ 32% | 95 mi |
Comparing salaries near Myrtle Beach-Conway-North Myrtle Beach, SC
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Myrtle Beach-Conway-North Myrtle Beach, SC?
The median annual salary for a Physicians, All Other in Myrtle Beach-Conway-North Myrtle Beach, SC is $292,870. This typically ranges from $16,210 for entry-level positions to $439,305 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Myrtle Beach-Conway-North Myrtle Beach, SC is 14.3% higher than the national median of $256,170.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a lucrative place for Physicians, All Other?
Yes, it is a highly lucrative place for Physicians, All Other.Physicians in this area earn significantly above the national average salary, and the cost of living is at the national average, maximizing earning potential.
Is Myrtle Beach-Conway-North Myrtle Beach, SC a good place to live for Physicians, All Others?
The Cost of Living Index in Myrtle Beach-Conway-North Myrtle Beach, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Myrtle Beach-Conway-North Myrtle Beach, SC?
Some top paying nearby cities include Florence, SC ($326,200) and Wilmington, NC.
How does the Myrtle Beach physician salary compare to the national average?
Physicians, All Other in Myrtle Beach-Conway-North Myrtle Beach, SC earn an average of $292,870 annually, which is $36,690 more than the national average of $256,170.
What is the concentration of Physicians, All Other in Myrtle Beach?
The location quotient for Physicians, All Other in Myrtle Beach-Conway-North Myrtle Beach, SC is 1.62, indicating that this profession is 62% more concentrated in this area than the national average.
How does the cost of living affect the Myrtle Beach physician salary?
The cost of living in Myrtle Beach-Conway-North Myrtle Beach, SC is exactly at the national average (index of 100), meaning the higher salary offers excellent purchasing power for residents.
What does the job market size suggest for Physicians, All Other in Myrtle Beach?
With 3.31 jobs per 1,000 workers and a total local workforce of 480, the market indicates a substantial presence and demand for Physicians, All Other in the Myrtle Beach area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 480 employees in the Myrtle Beach-Conway-North Myrtle Beach, SC area with a job density of 3.31 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Myrtle Beach-Conway-North Myrtle Beach, SC