Physician (Doctor) Salary in Grosse Pointe, MI
How much does a physician (doctor) make in Grosse Pointe? Explore median, entry-level, and senior salaries adjusted for Grosse Pointe's cost of living.
Salary Breakdown by Experience Level
See how physician (doctor) salaries break down across different pay periods in Grosse Pointe.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $119,232 | $213,624 | $317,952 |
| Monthly | $9,936 | $17,802 | $26,496 |
| Biweekly | $4,586 | $8,216 | $12,229 |
| Weekly | $2,293 | $4,108 | $6,114 |
| Hourly | $57 | $103 | $153 |
Grosse Pointe vs National Average
How Grosse Pointe's physician (doctor) salaries compare to national figures.
Cost of Living in Grosse Pointe
About Physician (Doctor)
Overview
Diagnose and treat diseases and injuries in patients.
Education
Medical degree (MD/DO); Residency required
Key Skills
Growth Rate
Expected job growth: +15% over the next decade
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Financial Tools to Explore
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Physician (Doctor) Salary in Grosse Pointe, MI — Complete Guide
Median Salary Overview
The median salary for a physician (doctor) in Grosse Pointe, MI is $213,624 per year, adjusted for the local cost of living index of 108. This figure reflects typical earnings for experienced professionals in this role, considering Grosse Pointe's unique economic conditions.
Salary Range and Experience Levels
Entry-level physician (doctor) professionals in Grosse Pointe can expect to earn around $119,232 annually. As professionals gain experience, salaries typically increase, with senior-level physician (doctor)s earning approximately $317,952 per year. This represents a 167% increase from entry to senior level.
Cost of Living Adjustment
Grosse Pointe's cost of living index of 108 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Grosse Pointe are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $215,000, the actual purchasing power must be considered in context.
Housing and Affordability
A significant portion of a physician (doctor)'s salary in Grosse Pointe typically goes toward housing. With a 1-bedroom apartment averaging $1,250 per month, housing represents about 7.0% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.
Career Growth and Opportunities
Physician (Doctor)s are in growing demand across the United States, with an expected job growth of 15% over the next decade. In Grosse Pointe, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.