Family Medicine Physicians Salary

Yes — at the median salary of $266K, rent takes 7.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,142/month. That stays under the 30% guideline most financial planners use.

The 10th-percentile wage — what new family medicine physicians typically earn — is $150K/year. Take-home on that works out to about $8,984/month.

Pay here is roughly in line with the national average — $266K locally vs. $244K nationally, a 9% difference.

Southern Michigan nonmetropolitan area pays $266K median vs. the U.S. average of $244K — that’s +9%.

The median is $265,890 a year, that works out to about $128 an hour. But the range is wide: entry-level workers start around $149,740, and experienced family medicine physicians can clear $428,500. These are BLS numbers, based on employer-reported data, not self-reported surveys.

On that salary, you'd take home roughly $15,155/month after taxes. A 2-bedroom here rents for about $1,142/month, which eats 7.5% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

Southern Michigan 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 $265,890 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.