Average Podiatrists Salary in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Podiatrists in the Philadelphia-Camden-Wilmington metropolitan area earn an impressive average annual salary of $163,990, surpassing the national average of $159,900. This elevated compensation is likely driven by a combination of specialized demand within the region and the specific healthcare needs of its diverse population, creating a favorable market for these medical professionals.
Executive Summary
- Average Salary: $163,990 per year.
- Growth Trend: Salaries have shifted 11.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $245,985.
- Outlook: With a local workforce of 230 Podiatrists and a Location Quotient of 1.32, the job market in Philadelphia-Camden-Wilmington indicates a notable concentration of these professionals compared to the national average. This suggests a robust demand and a well-established professional community, pointing towards a stable and potentially growing job market for Podiatrists in the area.
Salary Overview
The average Podiatrists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD earns+2.6%above the national average.
$78.8
$3,154
$13,666
Podiatrists Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that Podiatrist salaries in the Philadelphia-Camden-Wilmington area have experienced consistent growth over the past four years, mirroring national trends in healthcare compensation. Factors such as increasing healthcare utilization, advancements in podiatric medicine, and inflation likely contribute to a positive salary trajectory for professionals in this field.
Podiatrists Salary Distribution in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Career progression for Podiatrists in Philadelphia-Camden-Wilmington typically correlates with experience, with entry-level practitioners earning at the lower end of the salary spectrum and senior specialists commanding higher compensation. The percentile gaps between these levels signify substantial earning potential as professionals gain expertise, build their practice, and take on more complex cases, reflecting a clear career ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $75,150 | $36.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $122,993 | $59.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $160,750 | $77.3 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $204,988 | $98.6 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $245,985 | $118.3 |
Detailed Podiatrists Market Analysis
Relocation Context
Nominal Salary
$163,990
Gross Pay
Real Wage (Purchasing Power)
$163,990
Adjusted for COL (100)
The average annual salary of $163,990 for Podiatrists in Philadelphia-Camden-Wilmington aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Podiatrist's salary in this region is equivalent to the national average, offering a stable financial standing without significant cost-of-living adjustments.
Job Market Context
230
Total Jobs
0.081
Per 1K Jobs
1.32
Location Quotient
With a location quotient of 1.32, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD has a slightly higher-than-average concentration of Podiatrists roles compared to the national norm.
The Location Quotient of 1.32 for Podiatrists in Philadelphia-Camden-Wilmington signifies a higher concentration of these professionals than the national average. This indicates a potentially competitive market, but also suggests a strong demand and a well-developed ecosystem for podiatric services within the region, making it an attractive area for specialists.
Nearby Job Markets
Hiring Podiatristss?
Frequently Asked Questions
How much does a Podiatrists make in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD?
The median annual salary for a Podiatrists in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is $163,990. This typically ranges from $75,150 for entry-level positions to $245,985 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 2.6% higher than the national median of $159,900.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a lucrative place for Podiatrists?
Yes, it is a lucrative place for Podiatrists.Podiatrists in this area earn above the national average salary, and with a cost of living on par with the national average, their earnings offer strong purchasing power.
Is Philadelphia-Camden-Wilmington, PA-NJ-DE-MD a good place to live for Podiatrists?
The Cost of Living Index in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD is 100. While higher than average, this often correlates with higher wages.
How does the number of Podiatrists in Philadelphia compare to the national average?
With 230 local Podiatrists and a Location Quotient of 1.32, Philadelphia-Camden-Wilmington has a higher concentration of these professionals than the national average, indicating a significant presence in the region.
What is the cost of living for Podiatrists in Philadelphia?
The Cost of Living Index in Philadelphia-Camden-Wilmington is 100, which is the national average. This means the cost of goods and services is comparable to the rest of the country.
What is the average salary for a Podiatrist in Philadelphia?
The average annual salary for a Podiatrist in the Philadelphia-Camden-Wilmington area is $163,990.
How does the Philadelphia Podiatrist salary compare to the national average?
Podiatrists in Philadelphia-Camden-Wilmington earn an average of $163,990 annually, which is higher than the national average of $159,900.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area with a job density of 0.081 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Podiatrists • Data source: BLS OEWS 2024 •Jobs in Philadelphia-Camden-Wilmington, PA-NJ-DE-MD