Average Physicians, All Other Salary in Rhode Island
Physicians, All Other in Rhode Island command an average annual salary of $237,540. While this figure is slightly below the national average of $256,170, the specific economic landscape and demand within the state contribute to this compensation. Factors such as the concentration of healthcare facilities and the specialized needs of the local population often influence physician remuneration.
Executive Summary
- Average Salary: $237,540 per year.
- Growth Trend: Salaries have shifted 22.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $356,310.
- Outlook: Rhode Island's market for Physicians, All Other, shows a healthy concentration with a Location Quotient of 1.27, indicating a presence that is 27% higher than the national average. With 2.603 jobs per 1,000 workers and a total local workforce of 1,290, the demand appears robust, suggesting a stable and potentially growing job market for these medical professionals within the state.
Salary Overview
The average Physicians, All Other in Rhode Island earns-7.3%below the national average.
$114.2
$4,568
$19,795
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 advancements in medical practices and increasing healthcare needs, has led to a steady upward trend in salaries for Physicians, All Other over the past four years. This growth is likely influenced by inflation, evolving healthcare policies, and the increasing complexity of medical services offered.
Physicians, All Other Salary Distribution in Rhode Island
Salary progression for Physicians, All Other in Rhode Island typically scales significantly with experience. Entry-level positions will naturally fall at the lower end of the pay scale, while seasoned professionals with extensive specialization and a proven track record can command salaries well into the upper percentiles. The widening gap between the 25th and 75th percentiles clearly signifies the substantial career progression and earning potential available.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $77,760 | $37.4 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $178,155 | $85.7 |
| 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) | $296,925 | $142.8 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $356,310 | $171.3 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$237,540
Gross Pay
Real Wage (Purchasing Power)
$212,089
Adjusted for COL (112)
The average annual salary of $237,540 in Rhode Island needs to be considered alongside its Cost of Living Index of 112. This means that while the nominal salary is substantial, the purchasing power of that income is somewhat reduced due to expenses being 12% higher than the national average. Prospective physicians should factor this into their financial planning when considering relocation.
Job Market Context
1,290
Total Jobs
2.603
Per 1K Jobs
1.27
Location Quotient
With a location quotient of 1.27, Rhode Island has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.
Rhode Island's Location Quotient of 1.27 for Physicians, All Other suggests a market where this profession is more concentrated than the national average. This indicates a potentially competitive environment for new entrants but also signifies a strong demand and established presence of these specialists within the state's healthcare system, offering good opportunities for those already in the field.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Providence-Warwick, RI-MA Physicians, All Other Salary | $240,800↑ 1% | 11 mi |
| Norwich-New London-Willimantic, CT Physicians, All Other Salary | $266,800↑ 12% | 31 mi |
| Boston-Cambridge-Newton, MA-NH Physicians, All Other Salary | $217,910↓ 8% | 49 mi |
Comparing salaries near Rhode Island
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Rhode Island?
The median annual salary for a Physicians, All Other in Rhode Island is $237,540. This typically ranges from $77,760 for entry-level positions to $356,310 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rhode Island is 7.3% lower than the national median of $256,170.
Is Rhode Island a lucrative place for Physicians, All Others?
Yes, with considerations.Rhode Island offers a competitive average salary of $237,540, which is slightly below the national average but still substantial. However, the higher cost of living means that the real value of this salary should be carefully assessed.
Is Rhode Island a good place to live for Physicians, All Others?
The Cost of Living Index in Rhode Island is 112. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rhode Island?
Some top paying nearby cities include Providence-Warwick, RI-MA ($240,800) and Norwich-New London-Willimantic, CT.
How does Rhode Island's physician salary compare to the national average?
Physicians, All Other in Rhode Island earn an average of $237,540 annually, which is approximately 7% lower than the national average of $256,170.
What is the concentration of Physicians, All Other in Rhode Island?
Rhode Island has a Location Quotient of 1.27 for this profession, indicating that the concentration of these jobs is 27% higher than the national average.
How does the cost of living in Rhode Island affect physician salaries?
With a Cost of Living Index of 112, Rhode Island is 12% more expensive than the national average. This means the $237,540 salary has less purchasing power than it would in a location with a lower cost of living.
What is the total number of Physicians, All Other employed in Rhode Island?
There are approximately 1,290 Physicians, All Other employed in Rhode Island, representing 2.603 jobs per 1,000 workers in the state's general workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Rhode Island area with a job density of 2.603 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 Rhode Island