Family Medicine Physicians Salary

Yes — at the median salary of $252K, rent takes 8.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,187/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new family medicine physicians typically earn — is $178K/year. Take-home on that works out to about $10,652/month.

Pay here is roughly in line with the national average — $252K locally vs. $244K nationally, a 3% difference.

Northeast Minnesota nonmetropolitan area pays $252K median vs. the U.S. average of $244K — that’s +3%.

The median is $252,260 a year, that works out to about $121 an hour. But the range is wide: entry-level workers start around $177,540, and experienced family medicine physicians can clear $461,350. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $13,830/month after taxes. A 2-bedroom here rents for about $1,187/month, which eats 8.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Northeast Minnesota nonmetropolitan area has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median family medicine physicians salary is worth about $252,260 in national-average purchasing power.

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.