Average Physicians, All Other Salary in North Carolina
Physicians, All Other in North Carolina earn an average annual salary of $243,130. This figure is slightly below the national average of $256,170, suggesting a nuanced compensation landscape influenced by regional economic factors and healthcare demand within the state. North Carolina's specific market dynamics and operational costs likely contribute to this pay differential.
Executive Summary
- Average Salary: $243,130 per year.
- Growth Trend: Salaries have shifted 24.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $364,695.
- Outlook: North Carolina boasts a substantial workforce of 14,510 Physicians, All Other, indicating a significant presence in the healthcare sector. The Location Quotient of 1.45 further underscores a concentration of these professionals that is 45% higher than the national average, signaling robust demand and a well-established market for their specialized skills within the state.
Salary Overview
The average Physicians, All Other in North Carolina earns-5.1%below the national average.
$116.9
$4,676
$20,261
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the demand for physicians, coupled with ongoing healthcare needs, has led to a steady or increasing salary trend for Physicians, All Other in North Carolina over the past four years. Economic growth and advancements in medical practices typically drive higher compensation in specialized fields.
Physicians, All Other Salary Distribution in North Carolina
The salary trajectory for Physicians, All Other in North Carolina typically scales significantly with experience. Entry-level positions may start lower, but as professionals gain years of practice, specialized skills, and potentially leadership roles, their earning potential increases substantially. The gap between lower and higher salary percentiles reflects this progression and the value placed on seasoned medical expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $65,810 | $31.6 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $182,348 | $87.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $236,970 | $113.9 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $303,913 | $146.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $364,695 | $175.3 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$243,130
Gross Pay
Real Wage (Purchasing Power)
$256,196
Adjusted for COL (94.9)
With an average annual salary of $243,130 and a Cost of Living Index of 94.9, Physicians, All Other in North Carolina experience a favorable financial situation. The index, being below the national average of 100, means that the purchasing power of their substantial income is likely higher than in many other parts of the country, allowing for a comfortable standard of living.
Job Market Context
14,510
Total Jobs
2.963
Per 1K Jobs
1.45
Location Quotient
With a location quotient of 1.45, North Carolina has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.
The Location Quotient of 1.45 for Physicians, All Other in North Carolina indicates a market where these professionals are more concentrated than the national average. This suggests a competitive yet abundant job market, with a strong presence of employers seeking these specialized skills, potentially leading to more opportunities and a dynamic professional environment.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Greensboro-High Point, NC Physicians, All Other Salary | $300,770↑ 24% | 32 mi |
| Pinehurst-Southern Pines, NC Physicians, All Other Salary | $314,770↑ 29% | 36 mi |
| Burlington, NC Physicians, All Other Salary | $248,070↑ 2% | 36 mi |
| Durham-Chapel Hill, NC Physicians, All Other Salary | $145,460↓ 40% | 56 mi |
Comparing salaries near North Carolina
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in North Carolina?
The median annual salary for a Physicians, All Other in North Carolina is $243,130. This typically ranges from $65,810 for entry-level positions to $364,695 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Carolina is 5.1% lower than the national median of $256,170.
Is North Carolina a lucrative place for Physicians, All Others?
Yes, North Carolina offers a lucrative environment for Physicians, All Other.The substantial average salary of $243,130, combined with a cost of living below the national average, provides significant earning potential and purchasing power for these professionals in the state.
Is North Carolina a good place to live for Physicians, All Others?
With a Cost of Living Index of 94.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near North Carolina?
Some top paying nearby cities include Greensboro-High Point, NC ($300,770) and Pinehurst-Southern Pines, NC.
How does North Carolina's physician salary compare to the national average?
Physicians, All Other in North Carolina earn an average of $243,130 annually, which is slightly lower than the national average of $256,170.
What does the Location Quotient of 1.45 mean for physicians in NC?
A Location Quotient of 1.45 signifies that North Carolina has a higher concentration of Physicians, All Other compared to the national average, indicating strong demand and a robust job market for these professionals.
How does the cost of living in North Carolina affect physician salaries?
North Carolina's cost of living index of 94.9 (below the national average) means that the $243,130 average salary offers a strong purchasing power, making it financially advantageous for physicians.
Is the job market for physicians in North Carolina growing?
While specific growth rates aren't detailed, the high concentration (LQ of 1.45) and substantial workforce size suggest a stable to growing demand for Physicians, All Other in North Carolina.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 14,510 employees in the North Carolina area with a job density of 2.963 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 North Carolina