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Chief Medical Officer Salary in Lynn, MA — 2026

Chief Medical Officer salary data for Lynn, MA — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Chief Medical Officer salary in Lynn, MA is $414,750 per year ($34,563/month, $199/hr). This reflects the local cost of living index of 118.5, which is 19% above the national average.

Entry Level
$296K
$142/hr
Median
$415K
$199/hr
Senior
$533K
$256/hr
Top Earner
$711K
$342/hr

Chief Medical Officer Take-Home Pay in Lynn

Tax Breakdown (Median Salary)

Gross Annual$414,750
Federal Tax-$108,297
State Tax (5.0%)-$20,738
FICA (SS + Medicare)-$17,453
Annual Take-Home$268,263
Monthly Take-Home$22,355

Living Cost Comparison

Median Rent$1,790/mo
Rent-to-Income Ratio5.2%
Median Home Price$435,000
Cost of Living Index118.5
City Median Salary$46,915
Chief Medical Officer vs City Median+$367,835

Chief Medical Officer Requirements

Education
M.D. + MBA
Experience
15+ years
Job Growth
6.0% (2024-2034)

Key Skills

Clinical LeadershipHealthcare StrategyQuality ImprovementRegulatory ComplianceBudget Management

Lynn Job Market Overview

Lynn, Massachusetts has a population of 99,989 and an unemployment rate of 3.2%. The top industries are Biotech, Education, Finance. The local job growth rate is 0.5%, and the average commute time is 19 minutes.

Chief Medical Officer Salary in Nearby Massachusetts Cities

Salary Percentile Breakdown — Chief Medical Officer in Lynn

Based on the cost-of-living-adjusted distribution for Chief Medical Officer in Lynn, MA, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$296,250$142/hrEntry-level, < 1 yr exp.
25th$355,500$171/hrJunior, 1-3 yrs exp.
50th (median)$414,750$199/hrMid-career, 15+ years
75th$533,250$256/hrSenior, 5-10 yrs exp.
90th (top)$711,000$342/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Chief Medical Officer compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Lynn's Biotech sector.

5-Year Salary Trajectory

Chief Medical Officer salaries in Lynn have grown approximately 3.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$402,670
Adjusted for Lynn COL
Today (2026)
$414,750
+3.0% vs 5y ago
Projected 2031
$427,193
If growth continues

Year-over-year, an average Chief Medical Officer can expect a 3.1% annual increase moving from entry to senior level over 19 years in Lynn. Negotiation, certifications (Board Certification, MBA), and changing employers strategically can accelerate this trajectory.

Lynn vs National Average

The national median Chief Medical Officer salary is $350,000. In Lynn, the cost-of-living-adjusted median of $414,750 is 18.5% above the national figure. This reflects Lynn's cost of living index of 118.5 (higher than the national average of 100).

For Chief Medical Officers, this means: rent typically consumes 8.0% of take-home pay (households spending >30% are considered affordable), and a median home in Lynn costs about 1.6× annual take-home. Homeownership is relatively attainable on this salary in Lynn.

Industry Context: Biotech in Lynn

Lynn's economy is anchored by Biotech, Education, Finance, with 99,989 residents and 3.2% unemployment as of 2026. Chief Medical Officers working in the Biotech sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 0.5%, and Chief Medical Officer occupations specifically are projected to grow 6.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Chief Medical Officer salaries in Lynn, MA:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Lynn index of 118.5 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), MA state income tax of 5.0%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Chief Medical Officer salaries can vary significantly based on employer, sector (Biotech vs others in Lynn), specific skill set (Clinical Leadership, Healthcare Strategy, Quality Improvement), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Chief Medical Officer salary in Lynn, MA?
The median Chief Medical Officer salary in Lynn, MA is $414,750 per year as of 2026. This is adjusted for the local cost of living index of 118.5. Entry-level Chief Medical Officers earn around $296,250, while senior-level professionals can earn $533,250 or more.
How much does a Chief Medical Officer take home in Lynn after taxes?
A Chief Medical Officer earning the median salary of $414,750 in Lynn, MA takes home approximately $268,263 per year ($22,355/month) after federal, state, and local taxes. The effective tax rate is 35.3%.
Is Lynn a good city for Chief Medical Officers?
Lynn, MA has a cost of living index of 118.5 (above national average). Chief Medical Officers here earn above the city median. The local unemployment rate is 3.2% and top industries include Biotech, Education, Finance.
What skills are needed for a Chief Medical Officer in Lynn?
Key skills for Chief Medical Officers include Clinical Leadership, Healthcare Strategy, Quality Improvement, Regulatory Compliance, Budget Management. Typical education requirement is M.D. + MBA. Valuable certifications include Board Certification, MBA.
How does Chief Medical Officer salary in Lynn compare to the national average?
The national median Chief Medical Officer salary is $350,000. In Lynn, the adjusted salary is $414,750, which is 18.5% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Chief Medical Officer salary in Lynn, MA?

The median Chief Medical Officer salary in Lynn, MA is $414,750 per year as of 2026. This is adjusted for the local cost of living index of 118.5. Entry-level Chief Medical Officers earn around $296,250, while senior-level professionals can earn $533,250 or more.

How much does a Chief Medical Officer take home in Lynn after taxes?

A Chief Medical Officer earning the median salary of $414,750 in Lynn, MA takes home approximately $268,263 per year ($22,355/month) after federal, state, and local taxes. The effective tax rate is 35.3%.

Is Lynn a good city for Chief Medical Officers?

Lynn, MA has a cost of living index of 118.5 (above national average). Chief Medical Officers here earn above the city median. The local unemployment rate is 3.2% and top industries include Biotech, Education, Finance.

What skills are needed for a Chief Medical Officer in Lynn?

Key skills for Chief Medical Officers include Clinical Leadership, Healthcare Strategy, Quality Improvement, Regulatory Compliance, Budget Management. Typical education requirement is M.D. + MBA. Valuable certifications include Board Certification, MBA.

How does Chief Medical Officer salary in Lynn compare to the national average?

The national median Chief Medical Officer salary is $350,000. In Lynn, the adjusted salary is $414,750, which is 18.5% higher than the national average, reflecting the local cost of living.