Average Physicians, All Other Salary in Upper Peninsula of Michigan nonmetropolitan area
Physicians, All Other in the Upper Peninsula of Michigan nonmetropolitan area earn an average annual salary of $241,220. This figure is slightly below the national average of $256,170, a difference often attributed to the unique economic and demographic factors present in nonmetropolitan regions. These areas may offer different compensation structures to attract and retain specialized medical talent.
Executive Summary
- Average Salary: $241,220 per year.
- Growth Trend: Salaries have shifted 20.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $361,830.
- Outlook: The job market for Physicians, All Other in the Upper Peninsula of Michigan nonmetropolitan area appears stable, with a total local workforce of 210 individuals. A Location Quotient of 0.91 suggests a concentration of these professionals that is very close to the national average, indicating a consistent, albeit not exceptionally high, demand for their services within the region.
Salary Overview
The average Physicians, All Other in Upper Peninsula of Michigan nonmetropolitan area earns-5.8%below the national average.
$116
$4,639
$20,102
Physicians, All Other Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is reasonable to assume that the trend for Physician salaries nationwide has seen consistent growth over the past four years. Factors such as increasing healthcare demand, inflation, and advancements in medical practices generally contribute to upward salary adjustments for medical professionals across most regions.
Physicians, All Other Salary Distribution in Upper Peninsula of Michigan nonmetropolitan area
Salary progression for Physicians, All Other typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more. The percentile gaps in salary data, from the lower to the upper ranges, clearly signify the 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) | $57,940 | $27.9 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $180,915 | $87 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $232,980 | $112 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $301,525 | $145 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $361,830 | $174 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$241,220
Gross Pay
Real Wage (Purchasing Power)
$241,220
Adjusted for COL (100)
The average annual salary of $241,220 in the Upper Peninsula of Michigan nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a physician's salary in this region is equivalent to the national average, offering a stable financial environment without the premium costs often associated with major metropolitan areas.
Job Market Context
210
Total Jobs
1.854
Per 1K Jobs
0.91
Location Quotient
Upper Peninsula of Michigan nonmetropolitan area has 0.91x 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.
With a Location Quotient of 0.91, the Upper Peninsula of Michigan nonmetropolitan area exhibits a physician concentration that is nearly on par with the national average. This suggests a balanced job market where the supply of physicians closely matches the demand, indicating a competitive but accessible environment for both employers seeking talent and professionals looking for opportunities.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Saginaw, MI Physicians, All Other Salary | $250,530↑ 4% | 30 mi |
| Lansing-East Lansing, MI Physicians, All Other Salary | $255,010↑ 6% | 42 mi |
| Flint, MI Physicians, All Other Salary | $214,480↓ 11% | 47 mi |
Comparing salaries near Upper Peninsula of Michigan nonmetropolitan area
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Frequently Asked Questions
How much does a Physicians, All Other make in Upper Peninsula of Michigan nonmetropolitan area?
The median annual salary for a Physicians, All Other in Upper Peninsula of Michigan nonmetropolitan area is $241,220. This typically ranges from $57,940 for entry-level positions to $361,830 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Upper Peninsula of Michigan nonmetropolitan area is 5.8% lower than the national median of $256,170.
Is Upper Peninsula of Michigan nonmetropolitan area a lucrative place for Physicians, All Others?
Yes, it offers competitive compensation relative to the cost of living.Physicians, All Other earn $241,220 annually, which is competitive given the national average cost of living index of 100 in the region.
Is Upper Peninsula of Michigan nonmetropolitan area a good place to live for Physicians, All Others?
The Cost of Living Index in Upper Peninsula of Michigan nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Upper Peninsula of Michigan nonmetropolitan area?
Some top paying nearby cities include Saginaw, MI ($250,530) and Lansing-East Lansing, MI.
How does the physician salary compare to the national average?
The average annual salary for Physicians, All Other in the Upper Peninsula of Michigan nonmetropolitan area is $241,220, which is slightly lower than the national average of $256,170.
What is the concentration of physicians in this area?
The Location Quotient for Physicians, All Other in this region is 0.91, indicating a concentration that is very close to the national average.
How does the cost of living affect the physician's salary?
The Cost of Living Index is 100, meaning it matches the national average. Therefore, the $241,220 salary has the same purchasing power as the national average salary.
What does the total local workforce number signify?
A total local workforce of 210 for Physicians, All Other suggests a relatively small but established presence of these professionals in the area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Upper Peninsula of Michigan nonmetropolitan area area with a job density of 1.854 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 Upper Peninsula of Michigan nonmetropolitan area