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Average Physicians, All Other Salary in West Virginia

Physicians, All Other in West Virginia earn an average annual salary of $241,220. This figure is slightly below the national average of $256,170, a difference that can be attributed to various regional economic factors and the specific healthcare demands within the state. West Virginia's unique market dynamics influence compensation for highly skilled medical professionals.

Executive Summary

  • Average Salary: $241,220 per year.
  • Growth Trend: Salaries have shifted 16.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $361,830.
  • Outlook: With a local workforce of 2,300 Physicians, All Other, West Virginia demonstrates a significant presence of these professionals. The Location Quotient of 1.6 indicates that this profession is 60% more concentrated in West Virginia than the national average, suggesting a robust demand and a specialized job market for physicians within the state.
2024 Market Data

Salary Overview

$241,220

The average Physicians, All Other in West Virginia earns-5.8%below the national average.

BreakdownBased on 40h/week
Hourly

$116

Weekly

$4,639

Monthly

$20,102

Physicians, All Other Salary Distribution in West Virginia

Salary progression for Physicians, All Other in West Virginia typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized skills and extensive experience can expect to reach the higher percentiles of the $241,220 average. The gap between entry-level and senior roles signifies substantial career growth opportunities and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$66,650$32
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$180,915$87
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$228,680$109.9
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)

$272,565

Adjusted for COL (88.5)

The nominal average salary of $241,220 in West Virginia is particularly advantageous when considering the local Cost of Living Index of 88.5. This index is 11.5% lower than the national average, meaning that the purchasing power of a physician's salary in West Virginia is effectively higher, allowing for a greater standard of living compared to more expensive regions.

Job Market Context

2,300

Total Jobs

3.279

Per 1K Jobs

1.6

Location Quotient

Major Hub

West Virginia has 1.6x the national concentration of Physicians, All Other jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 1.6 for Physicians, All Other in West Virginia signifies a strong concentration of these roles relative to the national average. This suggests that the job market is not only stable but potentially more competitive for employers seeking to fill these specialized positions, indicating a healthy demand for physician services within the state.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near West Virginia

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in West Virginia?

The median annual salary for a Physicians, All Other in West Virginia is $241,220. This typically ranges from $66,650 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 West Virginia is 5.8% lower than the national median of $256,170.

Is West Virginia a lucrative place for Physicians, All Others?

Yes, with a strong cost of living advantage.While the average salary is slightly below the national average, West Virginia's lower cost of living significantly enhances the purchasing power of physician earnings, making it financially advantageous.

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

With a Cost of Living Index of 88.5 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near West Virginia?

Some top paying nearby cities include Charleston, WV ($234,660) and Beckley, WV.

How does the number of jobs per 1,000 workers compare nationally?

West Virginia has 3.279 jobs per 1,000 workers for Physicians, All Other, which is a notable figure indicating the prevalence of these roles within the state's workforce.

What is the significance of the Location Quotient (LQ) for physicians in WV?

An LQ of 1.6 means that West Virginia has 60% more Physicians, All Other per capita than the national average, indicating a higher concentration and potentially stronger demand for these professionals in the state.

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

With a Cost of Living Index of 88.5, West Virginia is more affordable than the national average. This means the $241,220 average salary provides a higher real income and better standard of living for physicians.

Are there many physicians in West Virginia?

Yes, West Virginia has a local workforce of 2,300 Physicians, All Other, and a higher concentration (LQ of 1.6) compared to the national average, suggesting a significant presence of these medical professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,300 employees in the West Virginia area with a job density of 3.279 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.