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4 days ago · As you can see below, the difference between practicing in a single-specialty group vs. working for an urgent care center can be nearly $175,000 a year in 2022. Single Specialty Group: $438,959 (a 0.7% decrease from 2021) Multi-specialty Group: $421,159 (a 0.7% decrease from 2021) Solo Practice: $428,112 (a 3% increase from 2021)
- Overview
- 21 doctor salaries by specialty
- Doctor salaries by state
- Tips for choosing a doctor specialty
Many doctors decide to specialize in a particular area of medicine so they can engage in advanced job duties and qualify for higher salaries. Some common areas of specialization for doctors include pediatrics, oncology and cardiology. With many areas of medicine available, it can be helpful to consider how much you can earn in different specialties...
1. Pediatrics
National average salary: $198,420 per yearPrimary duties: A pediatrician specializes in working with patients who are infants, children and adolescents. Pediatricians perform physical exams, diagnose medical conditions and develop treatment plans for patients under 18 years old. Many pediatricians also help families track their children's growth and development and provide guidance for making sure children receive the proper nutrition, exercise and enrichment to grow.Read more: Learn About Being a Pediatrician
2. Ophthalmology
National average salary: $203,269 per yearPrimary duties: An ophthalmologist is a physician who specializes in vision problems. They diagnose and treat various eye-related issues, such as macular degeneration and retina detachment. They can also prescribe eyeglasses and contact lenses. An ophthalmologist can perform surgery and other procedures, such as chemotherapy, to treat vision issues.Read more: Learn About Being an Ophthalmologist
3. Gastroenterology
National average salary: $227,265 per yearPrimary duties: A gastroenterologist specializes in treating digestive disorders, such as ulcers or liver disease. They use their gastroenterologist skills perform physical exams to assess patients and perform diagnostic procedures, such as colonoscopies. Using this information, they make diagnoses and explain treatment options to patients. They may advise medication or surgery, or they may refer patients to other specialists for further treatment.Read more: Learn About Being a Gastroenterologist
In addition to the medical specialty you choose, where you live can also affect your salary as a physician. The average salary for a physician in the U.S. is $209,730 per year. Here are 10 states where doctors typically earn higher salaries than the national average. For the most up-to-date salary information from Indeed, visit indeed.com/salaries.
1.Wisconsin: $270,992 per year
2.Utah: $271,616 per year
3.Alaska: $272,078 per year
4.West Virginia: $273,926 per year
5.Kentucky: $280,470 per year
Apr 15, 2024 · The report found that orthopedic specialists were the highest paid specialty on average last year, with average annual earnings of $558,000, followed by plastic surgery at $536,000. Meanwhile, the lowest paid specialty last year was diabetes and endocrinology, with average annual earnings of $256,000. Physician Compensation by Specialty.
Mar 27, 2024 · Factoring in all types of specialties, doctors in the US make an average of $352,000 per year. This average is across every type of MD doctor, including specialists. On average, specialists make more due to the extra training it requires to become a specialist.
- Average Doctor Annual Compensation by Specialty. Here are the top medical specialties, ranked by average income: Source: MedScape Physician Compensation Report, 2019.
- Top 10 Earning States for Physicians. Here are the states ranked by income for physicians: Source: MedScape Physician Compensation Report, 2019. Expand for specific figures by state
- Top Earning Metro Areas for Physicians. The numbers above represent state-wide averages. Average salaries for doctors in metropolitan areas tend to be higher.
- Doctor Wage Gap between Men and Women. Paralleling a national trend across all fields, there exists a national gender pay gap in medicine. The Doximity 2019 Physician Compensation Report reported on the incomes of doctors in U.S. metro areas, finding that male physicians earned an average of $1.25 for every $1 female physicians earned in 2018.
Apr 17, 2023 · Specialty: Annual Compensation: Increase Over Previous Report: 1: Public Health and Preventive Medicine: $249,000: 3%: 2: Pediatrics: $251,000: 4%: 3: Family Medicine: $255,000: 0%: 4: Infectious Disease: $262,000: 1%: 5: Diabetes & Endocrinology: $267,000: 4%: 6: Internal Medicine: $273,000: 4%: 7: Rheumatology: $281,000 (-3%) 8: Allergy ...
Mar 23, 2023 · Doctor Salaries: 20 highest paying medical specialties 2022. Providers. Here are the 20 highest paid specialties in 2022 as average physician pay drops 2.4%: Doximity. By Heather Landi Mar 23,...
