Family Medicine Physicians Salary
Family Medicine Physicians in New Jersey make a median of $292,170 a year, or about $140.47 an hour. The range runs from $152K at the entry level to $403K for experienced workers. Adjusted for local prices (RPP 99.34), that's roughly $294,111 in purchasing power. Rent on a 2-bedroom averages $2,067/month, or 12.8% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across New Jersey. Jump to a metro for precise data:
So what does $292K get you in New Jersey?
About family medicine physicians
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What this looks like in New Jersey
New Jersey sits well above the national pay line for family medicine physicians, local pay runs about 20% higher than the U.S. median of $244K. Housing is manageable: a 2-bedroom at the HUD median costs $2,067/month, 12.8% of take-home, well inside the 30% guideline. Cost of living (RPP 99.34) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, New Jersey offers a genuinely strong financial position for family medicine physicianss at the median.
Compensation breakdown
Annual earnings by percentile, New Jersey
Entry-level family medicine physicians (10th percentile) start around $152K. Mid-career wages sit at $292K. Top earners bring in $403K or more, a $252K spread from bottom to top.
Family Medicine Physicians salary by metro in New Jersey
2 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Atlantic City-Hammonton | $394K | +35% | 250 |
| Trenton-Princeton | $192K | -34% | 190 |
Compare to other states
Track family medicine physicians salary changes
BLS updates this data quarterly. We'll email you when New Jersey numbers change.
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Frequently asked questions
Can a family medicine physician afford a 2BR apartment alone in New Jersey?
Yes — at the median salary of $292K, rent takes 12.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,067/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for family medicine physicians in New Jersey?
The 10th-percentile wage — what new family medicine physicians typically earn — is $152K/year. Take-home on that works out to about $9,110/month. At HUD’s $2,067/month FMR, rent would take 23% of that take-home — manageable on an entry-level income.
Is family medicine physician a high-paying job in New Jersey?
Local pay is 20% above the national median — $292K here vs. $244K nationally.
How does New Jersey compare to the national average for family medicine physicians?
New Jersey pays $292K median vs. the U.S. average of $244K — that’s +20%. After adjusting for local cost of living (RPP 99.34), the purchasing-power equivalent is $294K — still ahead of the national median.
How much do family medicine physicians make in New Jersey?
The median is $292,170 a year, that works out to about $140 an hour. But the range is wide: entry-level workers start around $151,840, and experienced family medicine physicians can clear $403,430. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $292K enough to live in New Jersey?
On that salary, you'd take home roughly $16,095/month after taxes. A 2-bedroom here rents for about $2,067/month, which eats 12.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a family medicine physicians salary go in New Jersey?
New Jersey has a Regional Price Parity of 99.34 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median family medicine physicians salary is worth about $294,111 in national-average purchasing power.
Where do family medicine physicians get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.