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Average Physicians, All Other Salary in Virginia Beach-Chesapeake-Norfolk, VA-NC

Physicians, All Other in the Virginia Beach-Chesapeake-Norfolk, VA-NC area earn an impressive average annual salary of $260,560. This figure slightly surpasses the national average of $256,170, suggesting that the specific demands and healthcare landscape of this metropolitan region contribute to a competitive compensation package for medical professionals.

Executive Summary

  • Average Salary: $260,560 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $390,840.
  • Outlook: With a local workforce of 1,130 Physicians, All Other, and a Location Quotient of 0.73, the job market in Virginia Beach-Chesapeake-Norfolk, VA-NC indicates a slightly lower concentration of these professionals compared to the national average. While not an oversaturated market, the demand is steady, with 1.496 jobs per 1,000 workers, suggesting a stable environment for those in this field.
2024 Market Data

Salary Overview

$260,560

The average Physicians, All Other in Virginia Beach-Chesapeake-Norfolk, VA-NC earns+1.7%above the national average.

BreakdownBased on 40h/week
Hourly

$125.3

Weekly

$5,011

Monthly

$21,713

Physicians, All Other Salary Distribution in Virginia Beach-Chesapeake-Norfolk, VA-NC

The salary spectrum for Physicians, All Other in Virginia Beach-Chesapeake-Norfolk, VA-NC typically widens significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to reach the higher percentiles of the $260,560 average. These percentile gaps are crucial indicators of career progression and the financial rewards associated with accumulating expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$87,160$41.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$195,420$94
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$260,562$125.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$325,700$156.6
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$390,840$187.9

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$260,560

Gross Pay

Real Wage (Purchasing Power)

$260,560

Adjusted for COL (100)

The average annual salary of $260,560 in Virginia Beach-Chesapeake-Norfolk, VA-NC 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 comparable to the national standard, offering a stable financial foundation without the significant premiums or discounts often associated with higher or lower cost-of-living areas.

Job Market Context

1,130

Total Jobs

1.496

Per 1K Jobs

0.73

Location Quotient

Below Average

Virginia Beach-Chesapeake-Norfolk, VA-NC has 0.73x 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.

A Location Quotient of 0.73 for Physicians, All Other in Virginia Beach-Chesapeake-Norfolk, VA-NC suggests that this profession is slightly less concentrated than the national average. This indicates a potentially healthy job market where demand may outpace the local supply of professionals, presenting opportunities for skilled individuals seeking employment in the region.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Richmond, VA Physicians, All Other Salary$259,650 0%96 mi

Comparing salaries near Virginia Beach-Chesapeake-Norfolk, VA-NC

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Virginia Beach-Chesapeake-Norfolk, VA-NC?

The median annual salary for a Physicians, All Other in Virginia Beach-Chesapeake-Norfolk, VA-NC is $260,560. This typically ranges from $87,160 for entry-level positions to $390,840 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Virginia Beach-Chesapeake-Norfolk, VA-NC is 1.7% higher than the national median of $256,170.

Is Virginia Beach-Chesapeake-Norfolk, VA-NC a lucrative place for Physicians, All Others?

Yes, it offers competitive compensation.Physicians, All Other in this region earn slightly above the national average salary, and with a cost of living at the national average, their earnings provide strong purchasing power.

Is Virginia Beach-Chesapeake-Norfolk, VA-NC a good place to live for Physicians, All Others?

The Cost of Living Index in Virginia Beach-Chesapeake-Norfolk, VA-NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Virginia Beach-Chesapeake-Norfolk, VA-NC?

Some top paying nearby cities include Richmond, VA ($259,650) and others.

How does the Virginia Beach physician salary compare to the national average?

The average annual salary for Physicians, All Other in Virginia Beach-Chesapeake-Norfolk, VA-NC is $260,560, which is slightly higher than the national average of $256,170.

What is the cost of living in Virginia Beach-Chesapeake-Norfolk, VA-NC?

The cost of living index for this metropolitan area is 100, which is exactly the national average, indicating that daily expenses are comparable to the rest of the country.

How many Physicians, All Other work in the Virginia Beach area?

There are approximately 1,130 Physicians, All Other employed within the Virginia Beach-Chesapeake-Norfolk, VA-NC metropolitan area.

Is there high demand for Physicians, All Other in this region?

With 1.496 jobs per 1,000 workers and a Location Quotient below 1.0, the demand is steady but not exceptionally concentrated, suggesting a balanced job market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,130 employees in the Virginia Beach-Chesapeake-Norfolk, VA-NC area with a job density of 1.496 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.