Average Physicians, All Other Salary in South Bend-Mishawaka, IN-MI
Physicians, All Other in the South Bend-Mishawaka, IN-MI area earn an average annual salary of $239,780. This figure is slightly below the national average of $256,170, suggesting a localized compensation structure influenced by regional economic factors and demand. While the nominal salary is substantial, understanding its purchasing power within the local context is crucial.
Executive Summary
- Average Salary: $239,780 per year.
- Growth Trend: Salaries have shifted 10.7% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $359,670.
- Outlook: The South Bend-Mishawaka area supports a local workforce of 200 Physicians, All Other, with a jobs-per-1,000-workers ratio of 1.503. The Location Quotient of 0.73 indicates that this profession is slightly less concentrated here compared to the national average. This suggests a stable, albeit not exceptionally high, demand for these specialized medical professionals within the region.
Salary Overview
The average Physicians, All Other in South Bend-Mishawaka, IN-MI earns-6.4%below the national average.
$115.3
$4,611
$19,982
Physicians, All Other Salary Trends (2020-2024)
While specific historical data for this exact role in South Bend-Mishawaka is not provided, it is generally assumed that salaries for physicians have experienced steady growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, advancements in medical technology, and inflation likely contribute to an upward trajectory in compensation for these vital professionals.
Physicians, All Other Salary Distribution in South Bend-Mishawaka, IN-MI
The salary spectrum for Physicians, All Other typically widens significantly with experience. Entry-level practitioners may find themselves at the lower percentiles, while seasoned professionals with extensive specialization and years of practice can command salaries well into the upper percentiles. The gap between these percentiles signifies 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) | $71,780 | $34.5 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $179,835 | $86.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $239,782 | $115.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $299,725 | $144.1 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $359,670 | $172.9 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$239,780
Gross Pay
Real Wage (Purchasing Power)
$239,780
Adjusted for COL (100)
With an average annual salary of $239,780 and a Cost of Living Index of 100, Physicians, All Other in South Bend-Mishawaka find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary is comparable to what they would experience in a typical U.S. city, offering a stable financial foundation for residents.
Job Market Context
200
Total Jobs
1.503
Per 1K Jobs
0.73
Location Quotient
South Bend-Mishawaka, IN-MI has 0.73x 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.
The Location Quotient of 0.73 for Physicians, All Other in South Bend-Mishawaka indicates a slightly lower concentration of these roles compared to the national average. This suggests that while the market is stable and provides ample opportunities, it may not be as saturated as in some other metropolitan areas, potentially offering a competitive edge for qualified candidates seeking employment.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Elkhart-Goshen, IN Physicians, All Other Salary | $262,090↑ 9% | 16 mi |
| Michigan City-La Porte, IN Physicians, All Other Salary | $290,840↑ 21% | 31 mi |
| Kalamazoo-Portage, MI Physicians, All Other Salary | $252,040↑ 5% | 54 mi |
| Battle Creek, MI Physicians, All Other Salary | $227,030↓ 5% | 69 mi |
Comparing salaries near South Bend-Mishawaka, IN-MI
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in South Bend-Mishawaka, IN-MI?
The median annual salary for a Physicians, All Other in South Bend-Mishawaka, IN-MI is $239,780. This typically ranges from $71,780 for entry-level positions to $359,670 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Bend-Mishawaka, IN-MI is 6.4% lower than the national median of $256,170.
Is South Bend-Mishawaka, IN-MI a lucrative place for Physicians, All Others?
Yes, with caveats.The average salary of $239,780 is substantial and aligns with the national average cost of living. However, it is slightly below the national average salary for this profession.
Is South Bend-Mishawaka, IN-MI a good place to live for Physicians, All Others?
The Cost of Living Index in South Bend-Mishawaka, IN-MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Bend-Mishawaka, IN-MI?
Some top paying nearby cities include Elkhart-Goshen, IN ($262,090) and Michigan City-La Porte, IN.
How does the South Bend-Mishawaka physician salary compare to the national average?
Physicians, All Other in South Bend-Mishawaka earn an average of $239,780 annually, which is approximately $16,390 less than the national average of $256,170.
What is the job market like for Physicians, All Other in South Bend-Mishawaka?
The job market is stable, with 1.503 jobs per 1,000 workers and a total local workforce of 200. The Location Quotient of 0.73 suggests a moderate presence compared to national levels.
Does the cost of living affect the physician salary in South Bend-Mishawaka?
The local cost of living is exactly at the national average (100), meaning the $239,780 salary offers purchasing power equivalent to the national average.
What does a Location Quotient of 0.73 mean for physicians in this area?
A Location Quotient of 0.73 indicates that the concentration of Physicians, All Other in South Bend-Mishawaka is 27% lower than the national average, suggesting a less saturated but still present market.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the South Bend-Mishawaka, IN-MI area with a job density of 1.503 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 South Bend-Mishawaka, IN-MI