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Average Physicians, All Other Salary in Vermont

Physicians, All Other in Vermont earn an impressive average annual salary of $276,600, surpassing the national average of $256,170. This elevated compensation in Vermont is likely influenced by a combination of factors, including the state's unique healthcare needs, a potentially smaller pool of specialized medical professionals, and the overall economic landscape that values highly skilled individuals.

Executive Summary

  • Average Salary: $276,600 per year.
  • Growth Trend: Salaries have shifted 27.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $414,900.
  • Outlook: With a local workforce of 530 Physicians, All Other, Vermont presents a moderately sized market for these professionals. The Location Quotient of 0.85 suggests that while the concentration is slightly below the national average, there is still a consistent demand for these roles, indicating a stable job market for physicians in the state.
2024 Market Data

Salary Overview

$276,600

The average Physicians, All Other in Vermont earns+8.0%above the national average.

BreakdownBased on 40h/week
Hourly

$133

Weekly

$5,319

Monthly

$23,050

Physicians, All Other Salary Distribution in Vermont

The salary range for Physicians, All Other in Vermont can vary significantly based on experience. Entry-level positions typically fall within the lower percentiles, while seasoned professionals with extensive experience and specialized skills command salaries in the upper percentiles. This progression highlights clear career advancement opportunities and the increasing value placed on accumulated expertise within the medical field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$100,480$48.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$207,450$99.7
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$276,598$133
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$345,750$166.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$414,900$199.5

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$276,600

Gross Pay

Real Wage (Purchasing Power)

$240,731

Adjusted for COL (114.9)

Vermont's nominal average salary of $276,600 for Physicians, All Other is substantial. However, with a Cost of Living Index of 114.9, which is 14.9% higher than the national average, the purchasing power of this salary is somewhat tempered. While still providing a comfortable living, individuals relocating should be mindful of the higher expenses associated with housing, goods, and services in Vermont.

Job Market Context

530

Total Jobs

1.732

Per 1K Jobs

0.85

Location Quotient

Below Average

Vermont has 0.85x 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 0.85 for Physicians, All Other in Vermont indicates a slightly lower concentration of these professionals compared to the national average. This suggests that while the profession is present and valued, the market may not be oversaturated, potentially offering good opportunities for skilled physicians seeking employment. It implies a balanced demand and supply dynamic, leaning towards a favorable environment for job seekers.

Nearby Job Markets

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Vermont?

The median annual salary for a Physicians, All Other in Vermont is $276,600. This typically ranges from $100,480 for entry-level positions to $414,900 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Vermont is 8.0% higher than the national median of $256,170.

Is Vermont a lucrative place for Physicians, All Other?

Yes, Vermont offers a lucrative environment for Physicians, All Other.The average annual salary of $276,600 significantly exceeds the national average, and despite a higher cost of living, the compensation remains competitive.

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

The Cost of Living Index in Vermont is 114.9. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Vermont?

Some top paying nearby cities include Burlington-South Burlington, VT ($252,560) and Glens Falls, NY.

How does Vermont's physician salary compare to the national average?

Physicians, All Other in Vermont earn an average of $276,600 annually, which is approximately $20,430 more than the national average of $256,170.

What is the concentration of Physicians, All Other in Vermont?

Vermont has a Location Quotient of 0.85 for Physicians, All Other, indicating a slightly lower concentration compared to the national average.

How does the cost of living in Vermont affect a physician's salary?

Vermont's Cost of Living Index is 114.9, meaning it is 14.9% more expensive than the national average. While the high salary helps offset this, it's important to consider the increased expenses.

What is the total number of Physicians, All Other employed in Vermont?

There are approximately 530 Physicians, All Other employed within the state of Vermont.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 530 employees in the Vermont area with a job density of 1.732 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.