Average Physicians, All Other Salary in Providence-Warwick, RI-MA
Physicians, All Other in the Providence-Warwick, RI-MA area earn an average annual salary of $240,800. This figure is slightly below the national average of $256,170, suggesting a localized compensation structure influenced by regional economic factors and healthcare demand. The specific needs and competitive landscape within the Providence metropolitan area play a significant role in determining this pay scale.
Executive Summary
- Average Salary: $240,800 per year.
- Growth Trend: Salaries have shifted 23.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $361,200.
- Outlook: The Providence-Warwick, RI-MA area supports a workforce of 1,400 Physicians, All Other. With a Location Quotient of 0.97, the concentration of these professionals is nearly on par with the national average, indicating a stable and established presence in the region's healthcare sector. This suggests a consistent demand for these specialized medical roles, ensuring a robust job market for qualified physicians.
Salary Overview
The average Physicians, All Other in Providence-Warwick, RI-MA earns-6.0%below the national average.
$115.8
$4,631
$20,067
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Physicians, All Other in Providence-Warwick, RI-MA have experienced steady growth over the past four years, mirroring national trends. Economic expansion, increasing healthcare needs, and inflation typically drive upward adjustments in compensation for highly skilled medical professionals, ensuring their earnings keep pace with the cost of living and market demand.
Physicians, All Other Salary Distribution in Providence-Warwick, RI-MA
Salary progression for Physicians, All Other in Providence-Warwick, RI-MA typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive expertise and specialized skills can expect to earn considerably more. The widening percentile gaps in salary data, from the lower to the upper quartiles, clearly signify the substantial career progression and earning potential available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $79,010 | $38 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $180,600 | $86.8 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $229,340 | $110.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $301,000 | $144.7 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $361,200 | $173.7 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$240,800
Gross Pay
Real Wage (Purchasing Power)
$240,800
Adjusted for COL (100)
The average annual salary of $240,800 for Physicians, All Other in Providence-Warwick, RI-MA aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a physician's salary in this area is equivalent to the national standard, offering a stable financial environment without the premium or discount often associated with higher or lower cost-of-living regions.
Job Market Context
1,400
Total Jobs
1.983
Per 1K Jobs
0.97
Location Quotient
Providence-Warwick, RI-MA has 0.97x 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 0.97, the Providence-Warwick, RI-MA market for Physicians, All Other is very close to the national average in terms of professional concentration. This indicates a balanced job market where demand and supply are relatively stable. While not significantly over-represented, the presence of nearly the national average suggests a healthy and competitive environment for both employers seeking talent and physicians looking for opportunities.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH Physicians, All Other Salary | $217,910↓ 10% | 38 mi |
| Norwich-New London-Willimantic, CT Physicians, All Other Salary | $266,800↑ 11% | 39 mi |
Comparing salaries near Providence-Warwick, RI-MA
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Providence-Warwick, RI-MA?
The median annual salary for a Physicians, All Other in Providence-Warwick, RI-MA is $240,800. This typically ranges from $79,010 for entry-level positions to $361,200 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Providence-Warwick, RI-MA is 6.0% lower than the national median of $256,170.
Is Providence-Warwick, RI-MA a lucrative place for Physicians, All Other?
Yes, it offers a competitive salary aligned with the national cost of living.Physicians, All Other in Providence-Warwick earn $240,800 annually, which matches the national average cost of living. The market is stable with a concentration close to the national average.
Is Providence-Warwick, RI-MA a good place to live for Physicians, All Others?
The Cost of Living Index in Providence-Warwick, RI-MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Providence-Warwick, RI-MA?
Some top paying nearby cities include Boston-Cambridge-Newton, MA-NH ($217,910) and Norwich-New London-Willimantic, CT.
How does the Providence Physician salary compare to the national average?
The average salary for Physicians, All Other in Providence-Warwick is $240,800, which is slightly lower than the national average of $256,170.
What is the job market like for Physicians, All Other in Providence?
The job market is stable, with a workforce concentration (Location Quotient) of 0.97, indicating a demand for these professionals that is very close to the national average.
Does the Providence salary offer good purchasing power?
Yes, the $240,800 salary in Providence has purchasing power equivalent to the national average, as the local Cost of Living Index is 100.
How many Physicians, All Other work in Providence-Warwick?
There are approximately 1,400 Physicians, All Other employed in the Providence-Warwick, RI-MA metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,400 employees in the Providence-Warwick, RI-MA area with a job density of 1.983 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 Providence-Warwick, RI-MA