Physician (Doctor) Salary in Winston-Salem, NC
How much does a physician (doctor) make in Winston-Salem? Explore median, entry-level, and senior salaries adjusted for Winston-Salem's cost of living.
Salary Breakdown by Experience Level
See how physician (doctor) salaries break down across different pay periods in Winston-Salem.
| Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $109,824 | $196,768 | $292,864 |
| Monthly | $9,152 | $16,397 | $24,405 |
| Biweekly | $4,224 | $7,568 | $11,264 |
| Weekly | $2,112 | $3,784 | $5,632 |
| Hourly | $53 | $95 | $141 |
Winston-Salem vs National Average
How Winston-Salem's physician (doctor) salaries compare to national figures.
Cost of Living in Winston-Salem
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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See Physician (Doctor) salaries in other top cities.
Financial Tools to Explore
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Physician (Doctor) Salary in Winston-Salem, NC — Complete Guide
Median Salary Overview
The median salary for a physician (doctor) in Winston-Salem, NC is $196,768 per year, adjusted for the local cost of living index of 104. This figure reflects typical earnings for experienced professionals in this role, considering Winston-Salem's unique economic conditions.
Salary Range and Experience Levels
Entry-level physician (doctor) professionals in Winston-Salem can expect to earn around $109,824 annually. As professionals gain experience, salaries typically increase, with senior-level physician (doctor)s earning approximately $292,864 per year. This represents a 167% increase from entry to senior level.
Cost of Living Adjustment
Winston-Salem's cost of living index of 104 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Winston-Salem 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 Winston-Salem typically goes toward housing. With a 1-bedroom apartment averaging $1,400 per month, housing represents about 8.5% 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 Winston-Salem, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.