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Average Podiatrists Salary in New York-Newark-Jersey City, NY-NJ

Podiatrists in the New York-Newark-Jersey City, NY-NJ metropolitan area earn an average annual salary of $132,580. This figure is notably below the national average of $159,900, suggesting that while the demand is present, specific market dynamics or cost structures in this region may influence compensation levels compared to the broader U.S. landscape.

Executive Summary

  • Average Salary: $132,580 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $220,820.
  • Outlook: The New York-Newark-Jersey City, NY-NJ area supports a local workforce of 1,120 Podiatrists. With a Location Quotient of 1.94, indicating a concentration nearly double the national average, the job market demonstrates a robust demand for these specialized medical professionals, suggesting a stable and potentially growing employment landscape for podiatric practitioners in this region.
2024 Market Data

Salary Overview

$132,580

The average Podiatrists in New York-Newark-Jersey City, NY-NJ earns-17.1%below the national average.

BreakdownBased on 40h/week
Hourly

$63.7

Weekly

$2,550

Monthly

$11,048

Podiatrists Salary Distribution in New York-Newark-Jersey City, NY-NJ

The career path for a Podiatrist typically involves significant salary progression based on experience. Entry-level positions often start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The gap between entry-level and senior roles signifies substantial earning potential and career advancement opportunities within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$62,430$30
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$99,435$47.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$107,500$51.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$165,725$79.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$220,820$106.2

Detailed Podiatrists Market Analysis

Relocation Context

Nominal Salary

$132,580

Gross Pay

Real Wage (Purchasing Power)

$132,580

Adjusted for COL (100)

The average annual salary of $132,580 for Podiatrists in the New York-Newark-Jersey City, NY-NJ area aligns perfectly with the national average cost of living index of 100. This means that the nominal salary holds its purchasing power directly against the national average, offering a stable financial standing without the immediate pressure of higher or lower living expenses impacting disposable income.

Job Market Context

1,120

Total Jobs

0.119

Per 1K Jobs

1.94

Location Quotient

Major Hub

New York-Newark-Jersey City, NY-NJ has 1.9x the national concentration of Podiatrists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.94 for Podiatrists in the New York-Newark-Jersey City, NY-NJ area signifies a highly concentrated job market, with nearly twice the national average presence of these professionals. This suggests a competitive environment but also a strong, established demand, indicating that while opportunities exist, practitioners may face more specialized competition than in less concentrated regions.

Nearby Job Markets

Nearby Cities for Podiatrists

Comparing salaries near New York-Newark-Jersey City, NY-NJ

Hiring Podiatristss?

Frequently Asked Questions

How much does a Podiatrists make in New York-Newark-Jersey City, NY-NJ?

The median annual salary for a Podiatrists in New York-Newark-Jersey City, NY-NJ is $132,580. This typically ranges from $62,430 for entry-level positions to $220,820 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York-Newark-Jersey City, NY-NJ is 17.1% lower than the national median of $159,900.

Is New York-Newark-Jersey City, NY-NJ a lucrative place for Podiatrists?

Yes, with caveats.While the average salary of $132,580 is below the national average, the high concentration of podiatrists (LQ 1.94) and a cost of living matching the national average suggest a stable, albeit competitive, market with good earning potential.

Is New York-Newark-Jersey City, NY-NJ a good place to live for Podiatrists?

The Cost of Living Index in New York-Newark-Jersey City, NY-NJ is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near New York-Newark-Jersey City, NY-NJ?

Some top paying nearby cities include Kiryas Joel-Poughkeepsie-Newburgh, NY ($167,640) and others.

How does the local podiatrist salary compare to the national average?

Podiatrists in the New York-Newark-Jersey City, NY-NJ area earn an average of $132,580 annually, which is lower than the national average of $159,900.

What is the concentration of podiatrists in this region?

The region has a Location Quotient of 1.94 for podiatrists, meaning the concentration is nearly double the national average, indicating a strong presence of these professionals.

How does the cost of living affect the podiatrist salary?

The cost of living in New York-Newark-Jersey City, NY-NJ is at the national average (100), so the $132,580 salary has purchasing power equivalent to the national average.

What does the job market look like for podiatrists in this area?

With a local workforce of 1,120 podiatrists and a high concentration, the job market is robust and shows significant demand for these specialists.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,120 employees in the New York-Newark-Jersey City, NY-NJ area with a job density of 0.119 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.