Average Physicians, All Other Salary in Wyoming
Physicians in Wyoming command an impressive average annual salary of $373,100, significantly surpassing the national average of $256,170. This elevated compensation is likely driven by the unique demands and potentially lower supply of specialized medical professionals in a state with a vast geographic area and a smaller population base, necessitating competitive remuneration to attract and retain talent.
Executive Summary
- Average Salary: $373,100 per year.
- Growth Trend: Salaries have shifted 21.4% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $559,650.
- Outlook: With a local workforce of 420 Physicians, All Other, and a Location Quotient of 0.75, Wyoming presents a moderately concentrated but not overwhelmingly saturated market for these professionals. While the concentration is slightly below the national average, indicating fewer physicians per capita than the national norm, the absolute number suggests a stable, albeit not massive, demand for their services within the state.
Salary Overview
The average Physicians, All Other in Wyoming earns+45.6%above the national average.
$179.4
$7,175
$31,092
Physicians, All Other Salary Trends (2020-2024)
While specific historical data for Wyoming's "Physicians, All Other" is not provided, it is reasonable to assume a general upward trend in salaries over the past four years, mirroring national patterns. Economic factors, increasing healthcare demands, and inflation typically contribute to salary growth in specialized fields like medicine, suggesting that physicians in Wyoming have likely seen their earning potential increase over time.
Physicians, All Other Salary Distribution in Wyoming
The career trajectory for Physicians, All Other in Wyoming, as in most regions, typically involves significant salary progression with experience. Entry-level physicians can expect to earn at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills will command top-tier salaries, often reaching the higher percentiles. The gap between entry-level and senior roles signifies substantial career growth and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $233,360 | $112.2 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $279,825 | $134.5 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $373,090 | $179.4 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $466,375 | $224.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $559,650 | $269.1 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$373,100
Gross Pay
Real Wage (Purchasing Power)
$402,047
Adjusted for COL (92.8)
The nominal average annual salary of $373,100 in Wyoming offers considerable purchasing power, especially when contrasted with the local Cost of Living Index of 92.8, which is below the national average of 100. This means that the high earnings of physicians in Wyoming translate into a higher real income and a better standard of living compared to many other parts of the country, making it an economically attractive location.
Job Market Context
420
Total Jobs
1.524
Per 1K Jobs
0.75
Location Quotient
Wyoming has 0.75x 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 0.75 for Physicians, All Other in Wyoming indicates that this profession is slightly less concentrated in the state compared to the national average. This suggests that while there is a presence of these medical professionals, the market is not saturated, potentially offering good opportunities for new entrants or those looking to relocate, as demand may outpace the local supply in certain areas or specialties.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| Casper, WY Physicians, All Other Salary | $317,010↓ 15% | 50 mi |
Comparing salaries near Wyoming
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Wyoming?
The median annual salary for a Physicians, All Other in Wyoming is $373,100. This typically ranges from $233,360 for entry-level positions to $559,650 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wyoming is 45.6% higher than the national median of $256,170.
Is Wyoming a lucrative place for Physicians, All Others?
Yes, Wyoming is a lucrative place for Physicians, All Others.Physicians in Wyoming earn significantly above the national average salary, and the state's lower cost of living further enhances the value of their income.
Is Wyoming a good place to live for Physicians, All Others?
With a Cost of Living Index of 92.8 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Wyoming?
Some top paying nearby cities include Casper, WY ($317,010) and others.
How does Wyoming's cost of living affect physician salaries?
Wyoming's cost of living index is 92.8, meaning it's cheaper than the national average. This makes the high average salary of $373,100 for physicians go further, increasing their real purchasing power.
What is the concentration of physicians in Wyoming compared to the nation?
The Location Quotient of 0.75 indicates that physicians are slightly less concentrated in Wyoming than the national average. This suggests a potentially less competitive market relative to national levels.
How many physicians are there in Wyoming?
There are approximately 420 "Physicians, All Other" working in Wyoming, representing 1.524 jobs per 1,000 workers in the state.
Are physician job opportunities growing in Wyoming?
While specific growth rates aren't provided, the slightly below-average concentration (LQ of 0.75) combined with a stable workforce suggests consistent demand for physicians, potentially indicating steady or growing opportunities.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Wyoming area with a job density of 1.524 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 Wyoming