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Average Physicians, All Other Salary in Traverse City, MI

The average salary for Physicians, All Others in Traverse City, MI is $225,540. While this is lower than the national average, the cost of living in Traverse City, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $225,540 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $338,310.
  • Outlook: The current demand for Physicians, All Others is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Traverse City, MI economy.
2024 Market Data

Salary Overview

$225,540

The average Physicians, All Other in Traverse City, MI earns-12.0%below the national average.

BreakdownBased on 40h/week
Hourly

$108.4

Weekly

$4,337

Monthly

$18,795

Physicians, All Other Salary Distribution in Traverse City, MI

The earning potential for Physicians, All Others in Traverse City, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 5.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,900, while highly experienced professionals can command wages upwards of $338,310.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$61,900$29.8
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$169,155$81.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$225,555$108.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$281,925$135.5
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$338,310$162.6

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$225,540

Gross Pay

Real Wage (Purchasing Power)

$225,540

Adjusted for COL (100)

In Traverse City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $225,540 to $225,540.

Job Market Context

110

Total Jobs

1.606

Per 1K Jobs

0.79

Location Quotient

Below Average

Traverse City, MI has 0.79x 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.

110 people work as Physicians, All Other in Traverse City, MI.

1.606 out of every 1,000 local jobs are Physicians, All Other positions — a typical concentration.

Nearby Job Markets

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Traverse City, MI?

The median annual salary for a Physicians, All Other in Traverse City, MI is $225,540. This typically ranges from $61,900 for entry-level positions to $338,310 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Traverse City, MI is 12.0% lower than the national median of $256,170.

Is Traverse City, MI a good place for Physicians, All Others?

It depends on your priorities. While the average Physicians, All Other salary in Traverse City, MI is $225,540 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Traverse City, MI. See distinct detailed breakdown below.

Is Traverse City, MI a good place to live for Physicians, All Others?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Traverse City, MI area with a job density of 1.606 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.