Average Physicians, All Other Salary in Southwest Maine nonmetropolitan area
Physicians in the Southwest Maine nonmetropolitan area command an impressive average annual salary of $323,730, significantly outpacing the national average of $256,170. This elevated compensation likely reflects the specialized demands and potential geographic isolation associated with practicing medicine in a nonmetropolitan setting, where attracting and retaining highly skilled medical professionals is paramount.
Executive Summary
- Average Salary: $323,730 per year.
- Growth Trend: Salaries have shifted 11.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $485,595.
- Outlook: The job market for Physicians, All Other in Southwest Maine appears robust, evidenced by a total local workforce of 360 individuals. The Location Quotient of 1.25 indicates a concentration of these professionals that is 25% higher than the national average, suggesting a stable and potentially growing demand for their services within the region.
Salary Overview
The average Physicians, All Other in Southwest Maine nonmetropolitan area earns+26.4%above the national average.
$155.6
$6,226
$26,978
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 Southwest Maine have experienced consistent growth over the past four years, mirroring national trends. Factors such as increasing healthcare needs, inflation, and advancements in medical practices typically drive upward salary adjustments in this critical profession.
Physicians, All Other Salary Distribution in Southwest Maine nonmetropolitan area
Salary progression for Physicians, All Other in Southwest Maine typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive expertise and specialized skills can expect to earn substantially more. The widening gap between lower and higher salary percentiles clearly signifies the career progression and increased earning potential available with accumulated experience.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $152,120 | $73.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $242,798 | $116.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $323,731 | $155.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $404,663 | $194.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $485,595 | $233.5 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$323,730
Gross Pay
Real Wage (Purchasing Power)
$323,730
Adjusted for COL (100)
With an average annual salary of $323,730 and a Cost of Living Index at the national average of 100, Physicians, All Other in Southwest Maine experience excellent purchasing power. This means their high earnings translate directly into a strong standard of living, allowing for comfortable financial management without the added burden of above-average living expenses.
Job Market Context
360
Total Jobs
2.553
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, Southwest Maine nonmetropolitan area has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.
The Location Quotient of 1.25 for Physicians, All Other in Southwest Maine signifies a notable concentration of this profession compared to the national benchmark. This suggests that the region has a relatively higher demand for these specialists or a more established pool of practitioners than the average U.S. locale, indicating a competitive yet potentially rewarding market.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Bangor, ME Physicians, All Other Salary | $349,390↑ 8% | 31 mi |
| Portland-South Portland, ME Physicians, All Other Salary | $360,660↑ 11% | 83 mi |
Comparing salaries near Southwest Maine nonmetropolitan area
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Southwest Maine nonmetropolitan area?
The median annual salary for a Physicians, All Other in Southwest Maine nonmetropolitan area is $323,730. This typically ranges from $152,120 for entry-level positions to $485,595 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest Maine nonmetropolitan area is 26.4% higher than the national median of $256,170.
Is Southwest Maine nonmetropolitan area a lucrative place for Physicians, All Others?
Yes, it is a highly lucrative area for Physicians, All Other.Physicians in this region earn significantly above the national average salary, and with a cost of living at the national average, their high earnings translate to excellent purchasing power.
Is Southwest Maine nonmetropolitan area a good place to live for Physicians, All Others?
The Cost of Living Index in Southwest Maine nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest Maine nonmetropolitan area?
Some top paying nearby cities include Bangor, ME ($349,390) and Portland-South Portland, ME.
How does the local physician workforce compare to the national average?
The local workforce of 360 Physicians, All Other, combined with a Location Quotient of 1.25, indicates a higher concentration of these professionals in Southwest Maine than the national average.
What is the significance of the Location Quotient (LQ) for this role?
An LQ of 1.25 means that Southwest Maine has 25% more Physicians, All Other per worker than the national average, suggesting a strong regional presence and demand for this specialty.
How does the cost of living affect physician salaries in Southwest Maine?
The Cost of Living Index is at 100, meaning it's average nationally. This allows the high average salary of $323,730 to provide substantial real income and purchasing power for physicians in the area.
Are there many job opportunities for physicians in this nonmetropolitan area?
With 2.553 jobs per 1,000 workers and a concentration 25% above the national average, the job market appears favorable for Physicians, All Other in Southwest Maine.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 360 employees in the Southwest Maine nonmetropolitan area area with a job density of 2.553 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 Southwest Maine nonmetropolitan area