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Average Veterinarians Salary in Madison, WI

Veterinarians in Madison, WI earn an average annual salary of $123,340, which is below the national average of $140,740. This difference can be attributed to a variety of local economic factors, including the specific demand for veterinary services within the region and the overall cost of doing business for animal care practices.

Executive Summary

  • Average Salary: $123,340 per year.
  • Growth Trend: Salaries have shifted 48.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,210.
  • Outlook: Madison, WI presents a stable job market for veterinarians, with a total local workforce of 350 professionals. The Location Quotient of 1.65 indicates a significantly higher concentration of veterinary roles compared to the national average, suggesting robust demand and a potentially less saturated market for skilled practitioners.
2024 Market Data

Salary Overview

$123,340

The average Veterinarians in Madison, WI earns-12.4%below the national average.

BreakdownBased on 40h/week
Hourly

$59.3

Weekly

$2,372

Monthly

$10,278

Veterinarians Salary Distribution in Madison, WI

The career progression for veterinarians in Madison, WI typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the gap between starting salaries and those earned by experienced professionals often signifies substantial growth opportunities, reflecting increased expertise, responsibility, and specialization.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$80,040$38.5
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$92,505$44.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$112,960$54.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$154,175$74.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$163,210$78.5

Detailed Veterinarians Market Analysis

Relocation Context

Nominal Salary

$123,340

Gross Pay

Real Wage (Purchasing Power)

$123,340

Adjusted for COL (100)

With an average annual salary of $123,340 and a Cost of Living Index of 100 (on par with the national average), veterinarians relocating to Madison, WI can expect their nominal income to translate directly to purchasing power. The stable cost of living suggests that the local salary offers a comparable lifestyle to the national average.

Job Market Context

350

Total Jobs

0.862

Per 1K Jobs

1.65

Location Quotient

Major Hub

Madison, WI has 1.6x the national concentration of Veterinarians 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 1.65 for veterinarians in Madison, WI signifies a market where these professionals are more concentrated than the national average. This suggests a strong local demand for veterinary services, potentially leading to more job opportunities and a competitive environment for employers seeking qualified candidates.

Nearby Job Markets

Nearby Cities for Veterinarians

Comparing salaries near Madison, WI

Hiring Veterinarianss?

Frequently Asked Questions

How much does a Veterinarians make in Madison, WI?

The median annual salary for a Veterinarians in Madison, WI is $123,340. This typically ranges from $80,040 for entry-level positions to $163,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 12.4% lower than the national median of $140,740.

Is Madison, WI a lucrative place for Veterinarians?

Yes, Madison, WI offers a competitive environment for Veterinarians.While the average salary is slightly below the national benchmark, the high concentration of veterinary roles (LQ of 1.65) indicates strong local demand and ample career opportunities.

Is Madison, WI a good place to live for Veterinarians?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($129,310) and Rockford, IL.

How does Madison's veterinarian salary compare to the national average?

The average annual salary for veterinarians in Madison, WI is $123,340, which is lower than the national average of $140,740.

What is the concentration of veterinarians in Madison, WI?

Madison, WI has a Location Quotient of 1.65 for veterinarians, meaning they are 65% more concentrated than the national average.

How does the cost of living in Madison, WI affect veterinarian salaries?

Madison, WI has a Cost of Living Index of 100, which is the national average. This means the $123,340 salary offers purchasing power equivalent to the national average.

What is the total number of veterinarians in Madison, WI?

There are approximately 350 veterinarians employed in Madison, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Madison, WI area with a job density of 0.862 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.