Average Physicians, All Other Salary in Wilmington, NC
Physicians, All Other in Wilmington, NC, command an impressive average annual salary of $269,570, significantly surpassing the national average of $256,170. This elevated compensation is likely driven by a combination of specialized demand within the local healthcare sector and the unique economic landscape of the Wilmington area. The concentration of these highly skilled professionals suggests a robust need for their expertise.
Executive Summary
- Average Salary: $269,570 per year.
- Growth Trend: Salaries have shifted 18.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $404,355.
- Outlook: With a local workforce of 460 Physicians, All Other, and a Location Quotient of 1.21, Wilmington demonstrates a notable concentration of this profession compared to the national average. This indicates a healthy and potentially growing demand for these specialized roles within the region, suggesting a robust job market for experienced medical professionals.
Salary Overview
The average Physicians, All Other in Wilmington, NC earns+5.2%above the national average.
$129.6
$5,184
$22,464
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the salary for Physicians, All Other in Wilmington has experienced consistent growth over the past four years, mirroring national trends in the healthcare industry. Factors such as increasing healthcare needs, advancements in medical technology, and inflation typically contribute to upward salary adjustments for specialized medical roles.
Physicians, All Other Salary Distribution in Wilmington, NC
Salary progression for Physicians, All Other in Wilmington, NC, typically scales significantly with experience. Entry-level positions might start at lower percentiles, while seasoned professionals with specialized skills and extensive experience can command salaries in the upper percentiles. The widening gap between lower and upper salary ranges signifies clear career progression and increased earning potential throughout one's medical career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $68,290 | $32.8 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $202,178 | $97.2 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $269,568 | $129.6 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $336,963 | $162 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $404,355 | $194.4 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$269,570
Gross Pay
Real Wage (Purchasing Power)
$269,570
Adjusted for COL (100)
The nominal average annual salary of $269,570 in Wilmington, NC, is particularly attractive when juxtaposed with a Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a physician's salary in Wilmington is equivalent to the national standard, allowing for a comfortable lifestyle without the added financial strain of a higher cost of living.
Job Market Context
460
Total Jobs
2.469
Per 1K Jobs
1.21
Location Quotient
With a location quotient of 1.21, Wilmington, NC has a slightly higher-than-average concentration of Physicians, All Other roles compared to the national norm.
A Location Quotient of 1.21 for Physicians, All Other in Wilmington signifies that this profession is approximately 21% more concentrated in this area than the national average. This suggests a competitive yet abundant job market, where demand is slightly higher than the national norm, potentially leading to more opportunities and favorable negotiation leverage for qualified candidates.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Jacksonville, NC Physicians, All Other Salary | $299,460↑ 11% | 46 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Physicians, All Other Salary | $292,870↑ 9% | 67 mi |
| Goldsboro, NC Physicians, All Other Salary | $328,170↑ 22% | 81 mi |
| Fayetteville, NC Physicians, All Other Salary | $387,990↑ 44% | 87 mi |
| Greenville, NC Physicians, All Other Salary | $130,730↓ 52% | 100 mi |
Comparing salaries near Wilmington, NC
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Wilmington, NC?
The median annual salary for a Physicians, All Other in Wilmington, NC is $269,570. This typically ranges from $68,290 for entry-level positions to $404,355 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wilmington, NC is 5.2% higher than the national median of $256,170.
Is Wilmington, NC a lucrative place for Physicians, All Others?
Yes, Wilmington, NC is a lucrative location for Physicians, All Other.The average salary significantly exceeds the national average, and the cost of living is on par with the national index, offering excellent purchasing power.
Is Wilmington, NC a good place to live for Physicians, All Others?
The Cost of Living Index in Wilmington, NC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wilmington, NC?
Some top paying nearby cities include Jacksonville, NC ($299,460) and Myrtle Beach-Conway-North Myrtle Beach, SC.
How does Wilmington's physician salary compare to the national average?
Physicians, All Other in Wilmington earn an average of $269,570 annually, which is $13,400 higher than the national average of $256,170.
What is the concentration of Physicians, All Other in Wilmington?
Wilmington has a Location Quotient of 1.21, indicating that the concentration of Physicians, All Other is 21% higher than the national average.
How does the cost of living in Wilmington affect physician salaries?
Wilmington's Cost of Living Index is 100, matching the national average. This means the higher salary offers strong purchasing power locally.
What does the total local workforce number imply for job availability?
A local workforce of 460 suggests a substantial presence of these professionals, indicating a stable demand and a developed healthcare infrastructure in Wilmington.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Wilmington, NC area with a job density of 2.469 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 Wilmington, NC