Family Medicine Physicians Salary

Yes — at the median salary of $287K, rent takes 20.4% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $3,124/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new family medicine physicians typically earn — is $136K/year. Take-home on that works out to about $8,184/month. At HUD’s $3,124/month FMR, rent would take 38% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.

Local pay is 18% above the national median — $287K here vs. $244K nationally. Keep in mind cost of living here is 9% above the national average, which offsets some of that premium.

Santa Maria-Santa Barbara pays $287K median vs. the U.S. average of $244K — that’s +18%. After adjusting for local cost of living (RPP 108.8), the purchasing-power equivalent is $264K — still ahead of the national median.

The median is $287,230 a year, that works out to about $138 an hour. But the range is wide: entry-level workers start around $136,400, and experienced family medicine physicians can clear $486,820. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $15,307/month after taxes. A 2-bedroom here rents for about $3,124/month, which eats 20.4% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Santa Maria-Santa Barbara has a Regional Price Parity of 108.8 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median family medicine physicians salary is worth about $263,998 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.