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Physician Salary in Lexington, KY

Physician salary data for Lexington, KY — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

Physician Salary in Lexington, KY — 2026

The median Physician salary in Lexington, KY is $195,960 per year ($16,330/month, $94/hr). This reflects the local cost of living index of 92, which is 8% below the national average.

Entry Level
$160K
$77/hr
Median
$196K
$94/hr
Senior
$278K
$134/hr
Top Earner
$361K
$173/hr

Physician Take-Home Pay in Lexington

Tax Breakdown (Median Salary)

Gross Annual$195,960
Federal Tax-$36,277
State Tax (4.0%)-$7,838
Local Tax (2.3%)-$4,409
FICA (SS + Medicare)-$13,760
Annual Take-Home$133,675
Monthly Take-Home$11,140

Living Cost Comparison

Median Rent$1,100/mo
Rent-to-Income Ratio6.7%
Median Home Price$260,000
Cost of Living Index92
City Median Salary$58,000
Physician vs City Median+$137,960

Physician Requirements

Education
Doctor of Medicine (MD)
Experience
3-7 years residency
Job Growth
3.0% (2024-2034)

Key Skills

DiagnosisTreatment PlanningPatient CommunicationClinical ResearchEHR

Lexington Job Market Overview

Lexington, Kentucky has a population of 322,570 and an unemployment rate of 3.0%. The top industries are Education, Healthcare, Technology. The local job growth rate is 1.8%, and the average commute time is 21 minutes.

Frequently Asked Questions

What is the average Physician salary in Lexington, KY?
The median Physician salary in Lexington, KY is $195,960 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Physicians earn around $160,080, while senior-level professionals can earn $277,840 or more.
How much does a Physician take home in Lexington after taxes?
A Physician earning the median salary of $195,960 in Lexington, KY takes home approximately $133,675 per year ($11,140/month) after federal, state, and local taxes. The effective tax rate is 31.8%.
Is Lexington a good city for Physicians?
Lexington, KY has a cost of living index of 92 (below national average). Physicians here earn above the city median. The local unemployment rate is 3.0% and top industries include Education, Healthcare, Technology.
What skills are needed for a Physician in Lexington?
Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.
How does Physician salary in Lexington compare to the national average?
The national median Physician salary is $213,000. In Lexington, the adjusted salary is $195,960, which is 8.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Physician salary in Lexington, KY?

The median Physician salary in Lexington, KY is $195,960 per year as of 2026. This is adjusted for the local cost of living index of 92. Entry-level Physicians earn around $160,080, while senior-level professionals can earn $277,840 or more.

How much does a Physician take home in Lexington after taxes?

A Physician earning the median salary of $195,960 in Lexington, KY takes home approximately $133,675 per year ($11,140/month) after federal, state, and local taxes. The effective tax rate is 31.8%.

Is Lexington a good city for Physicians?

Lexington, KY has a cost of living index of 92 (below national average). Physicians here earn above the city median. The local unemployment rate is 3.0% and top industries include Education, Healthcare, Technology.

What skills are needed for a Physician in Lexington?

Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.

How does Physician salary in Lexington compare to the national average?

The national median Physician salary is $213,000. In Lexington, the adjusted salary is $195,960, which is 8.0% lower than the national average, reflecting the local cost of living.