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Physician Salary in Paterson, NJ

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

Physician Salary in Paterson, NJ — 2026

The median Physician salary in Paterson, NJ is $223,650 per year ($18,638/month, $108/hr). This reflects the local cost of living index of 105, which is 5% above the national average.

Entry Level
$183K
$88/hr
Median
$224K
$108/hr
Senior
$317K
$152/hr
Top Earner
$412K
$198/hr

Physician Take-Home Pay in Paterson

Tax Breakdown (Median Salary)

Gross Annual$223,650
Federal Tax-$43,831
State Tax (5.5%)-$12,368
FICA (SS + Medicare)-$14,161
Annual Take-Home$153,290
Monthly Take-Home$12,774

Living Cost Comparison

Median Rent$1,300/mo
Rent-to-Income Ratio7.0%
Median Home Price$310,000
Cost of Living Index105
City Median Salary$45,000
Physician vs City Median+$178,650

Physician Requirements

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

Key Skills

DiagnosisTreatment PlanningPatient CommunicationClinical ResearchEHR

Paterson Job Market Overview

Paterson, New Jersey has a population of 159,732 and an unemployment rate of 5.5%. The top industries are Manufacturing, Healthcare, Retail. The local job growth rate is 0.5%, and the average commute time is 30 minutes.

Frequently Asked Questions

What is the average Physician salary in Paterson, NJ?
The median Physician salary in Paterson, NJ is $223,650 per year as of 2026. This is adjusted for the local cost of living index of 105. Entry-level Physicians earn around $182,700, while senior-level professionals can earn $317,100 or more.
How much does a Physician take home in Paterson after taxes?
A Physician earning the median salary of $223,650 in Paterson, NJ takes home approximately $153,290 per year ($12,774/month) after federal, state, and local taxes. The effective tax rate is 31.5%.
Is Paterson a good city for Physicians?
Paterson, NJ has a cost of living index of 105 (above national average). Physicians here earn above the city median. The local unemployment rate is 5.5% and top industries include Manufacturing, Healthcare, Retail.
What skills are needed for a Physician in Paterson?
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 Paterson compare to the national average?
The national median Physician salary is $213,000. In Paterson, the adjusted salary is $223,650, which is 5.0% higher than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Physician salary in Paterson, NJ?

The median Physician salary in Paterson, NJ is $223,650 per year as of 2026. This is adjusted for the local cost of living index of 105. Entry-level Physicians earn around $182,700, while senior-level professionals can earn $317,100 or more.

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

A Physician earning the median salary of $223,650 in Paterson, NJ takes home approximately $153,290 per year ($12,774/month) after federal, state, and local taxes. The effective tax rate is 31.5%.

Is Paterson a good city for Physicians?

Paterson, NJ has a cost of living index of 105 (above national average). Physicians here earn above the city median. The local unemployment rate is 5.5% and top industries include Manufacturing, Healthcare, Retail.

What skills are needed for a Physician in Paterson?

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 Paterson compare to the national average?

The national median Physician salary is $213,000. In Paterson, the adjusted salary is $223,650, which is 5.0% higher than the national average, reflecting the local cost of living.