Skip to main content

Physician Salary in Lakeland, FL β€” 2026 Guide

Estimated salaries are adjusted for Lakeland's cost of living (index: 96). National data from BLS OEWS 2024; city adjustments reflect local market conditions.

Physician Salary in Lakeland β€” Key Numbers

$220,128
Median Salary
$123,686
25th Percentile
$313,862
75th Percentile
$384,000
90th Percentile
National median (Physician)$229,300
vs. National median-4.0%
Lakeland median household income$57,600
vs. City household income+282.2%

Cost of Living in Lakeland

Cost of Living Index
96(100 = avg)
Median Monthly Rent$1,300/mo
Rent-to-Income Ratio7.1%
Annual rent cost$15,600
Median Home Price$305,000
Home Price / Salary1.4Γ—
20% Down Payment$61,000
Years to save (20% rate)1.4 yrs

Rent-to-income below 28% is considered affordable; above 35% is cost-burdened. Home price multiple below 3Γ— is affordable; above 5Γ— is expensive by traditional guidelines.

Job Market in Lakeland

3.4%
Unemployment Rate
760,000
Metro Population
27 min
Avg Commute
39.4
Median Age

Lakeland has a metro population of 760,000, offering a sizeable job market with strong opportunities across key sectors. The 3.4% unemployment rate is below the national average, suggesting a tight labor market favorable to job seekers.

Frequently Asked Questions

How much does a Physician make in Lakeland, FL?

The estimated median salary for a Physician in Lakeland is $220,128 per year (2026). This is derived from the national BLS median of $229,300 adjusted by Lakeland's cost of living index (96). The typical salary range runs from $123,686 (25th percentile) to $313,862 (75th percentile), with top earners reaching $384,000.

Is Lakeland affordable for a Physician?

On a $220,128 annual salary, a Physician in Lakeland would spend approximately 7.1% of gross monthly income on median rent ($1,300/month). This is well within the 28% affordability threshold, making Lakeland relatively affordable for this profession. The median home price of $305,000 is 1.4Γ— the annual salary.

How does a Physician's salary compare to Lakeland's overall income?

Lakeland's median household income is $57,600. A Physician earning the city-adjusted median of $220,128 earns 282.2% more than the typical Lakeland household β€” placing them solidly in the middle-to-upper income tier for the city.

Salary data from U.S. Bureau of Labor Statistics (BLS) OEWS, 2024 release. City salary estimates adjusted by cost of living index. City data from Census Bureau, BLS, Zillow, and ApartmentAdvisor (2024–2025). Last updated: March 2026.