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Average Physicians, All Other Salary in Springfield, MA

Physicians, All Other in Springfield, MA earn an average annual salary of $167,890. This figure is notably lower than the national average of $256,170, suggesting that local market dynamics, such as demand and supply, along with the specific healthcare needs of the region, play a significant role in compensation.

Executive Summary

  • Average Salary: $167,890 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $251,835.
  • Outlook: With a local workforce of 600 Physicians, All Other, Springfield, MA presents a moderately concentrated market. The Location Quotient of 1.47 indicates a higher prevalence of these professionals compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for their specialized skills within the area.
2024 Market Data

Salary Overview

$167,890

The average Physicians, All Other in Springfield, MA earns-34.5%below the national average.

BreakdownBased on 40h/week
Hourly

$80.7

Weekly

$3,229

Monthly

$13,991

Physicians, All Other Salary Distribution in Springfield, MA

The career trajectory for Physicians, All Other typically involves significant salary progression with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more, potentially reaching higher percentiles of the salary range, signifying advanced expertise and responsibility.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$70,260$33.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$125,918$60.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$77,910$37.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$209,863$100.9
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$251,835$121.1

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$167,890

Gross Pay

Real Wage (Purchasing Power)

$167,890

Adjusted for COL (100)

The average annual salary of $167,890 in Springfield, MA aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a physician's salary in Springfield is equivalent to the national average, offering a stable financial environment without the added pressure of higher or lower living expenses.

Job Market Context

600

Total Jobs

3.002

Per 1K Jobs

1.47

Location Quotient

Above Average

With a location quotient of 1.47, Springfield, MA has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.

A Location Quotient of 1.47 signifies that Springfield, MA has a higher concentration of Physicians, All Other than the national average. This suggests a robust local demand and a well-established presence of these medical professionals, indicating a competitive yet accessible market for both employers and potential hires.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near Springfield, MA

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Springfield, MA?

The median annual salary for a Physicians, All Other in Springfield, MA is $167,890. This typically ranges from $70,260 for entry-level positions to $251,835 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 34.5% lower than the national median of $256,170.

Is Springfield, MA a lucrative place for Physicians, All Other?

Yes, Springfield, MA offers a stable financial environment for Physicians, All Other.While the average salary is below the national benchmark, the cost of living is also at the national average, meaning your earnings have equivalent purchasing power. The strong local concentration indicates a consistent demand for these roles.

Is Springfield, MA a good place to live for Physicians, All Others?

The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Amherst Town-Northampton, MA ($222,950) and Hartford-West Hartford-East Hartford, CT.

How does the local physician salary compare to the national average?

Physicians, All Other in Springfield, MA earn an average of $167,890 annually, which is lower than the national average of $256,170.

What is the cost of living in Springfield, MA?

Springfield, MA has a Cost of Living Index of 100, which is exactly the national average, indicating that expenses are neither higher nor lower than the typical US city.

How concentrated are Physicians, All Other in Springfield, MA?

The concentration of Physicians, All Other in Springfield, MA is higher than the national average, with a Location Quotient of 1.47, suggesting a significant presence of these professionals in the local job market.

What is the total number of Physicians, All Other in Springfield, MA?

There are approximately 600 Physicians, All Other employed in Springfield, MA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Springfield, MA area with a job density of 3.002 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.