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Average Physicians, All Other Salary in New York-Newark-Jersey City, NY-NJ

Physicians, All Other in the New York-Newark-Jersey City, NY-NJ area earn an impressive average annual salary of $260,160. This figure slightly surpasses the national average of $256,170, indicating a strong demand and potentially higher operational costs or specialized needs within this major metropolitan hub that contribute to this elevated compensation.

Executive Summary

  • Average Salary: $260,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $390,240.
  • Outlook: The local workforce for Physicians, All Other in New York-Newark-Jersey City, NY-NJ comprises 14,230 professionals. While the Location Quotient of 0.74 suggests a slightly lower concentration compared to the national average, the sheer size of the workforce and the 1.519 jobs per 1,000 workers indicate a substantial and active market for these medical professionals.
2024 Market Data

Salary Overview

$260,160

The average Physicians, All Other in New York-Newark-Jersey City, NY-NJ earns+1.6%above the national average.

BreakdownBased on 40h/week
Hourly

$125.1

Weekly

$5,003

Monthly

$21,680

Physicians, All Other Salary Distribution in New York-Newark-Jersey City, NY-NJ

Salary progression for Physicians, All Other in New York-Newark-Jersey City, NY-NJ typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to earn substantially more, often reaching into the upper percentiles of the $260,160 average. These percentile gaps clearly signify career advancement and increased earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$77,180$37.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$195,120$93.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$260,166$125.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$325,200$156.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$390,240$187.6

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$260,160

Gross Pay

Real Wage (Purchasing Power)

$260,160

Adjusted for COL (100)

The average annual salary of $260,160 in New York-Newark-Jersey City, NY-NJ aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is higher than the national average, the purchasing power of that salary is effectively on par with the rest of the country, suggesting that the increased earnings are balanced by the local cost of living.

Job Market Context

14,230

Total Jobs

1.519

Per 1K Jobs

0.74

Location Quotient

Below Average

New York-Newark-Jersey City, NY-NJ has 0.74x 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.

With a Location Quotient of 0.74, the New York-Newark-Jersey City, NY-NJ area has a slightly lower concentration of Physicians, All Other compared to the national average. This suggests that while the market is substantial, it may not be oversaturated, potentially offering good opportunities for qualified professionals seeking employment in this region.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Physicians, All Other in New York-Newark-Jersey City, NY-NJ is $260,160. This typically ranges from $77,180 for entry-level positions to $390,240 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 1.6% higher than the national median of $256,170.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Physicians, All Other?

Yes, it is a lucrative place for Physicians, All Other.The average salary of $260,160 is higher than the national average, and with a cost of living index matching the national average, the purchasing power remains strong.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Physicians, All Others?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($194,230) and Trenton-Princeton, NJ.

How does the local physician salary compare to the national average?

Physicians, All Other in New York-Newark-Jersey City, NY-NJ earn an average of $260,160 annually, which is slightly above the national average of $256,170.

What is the cost of living in New York-Newark-Jersey City, NY-NJ compared to the national average?

The cost of living index for New York-Newark-Jersey City, NY-NJ is 100, which is exactly the national average, meaning expenses are comparable nationwide.

How many Physicians, All Other work in the New York-Newark-Jersey City, NY-NJ area?

There are approximately 14,230 Physicians, All Other employed within the New York-Newark-Jersey City, NY-NJ metropolitan area.

Is the job market for Physicians, All Other competitive in this region?

The Location Quotient of 0.74 suggests a slightly lower concentration than the national average, indicating a potentially less saturated but still robust job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,230 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 1.519 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.