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Medical Residency Salary by Specialty (2021-2022) The average salary for first year medical residents is $58,921 per year, according to the AAMC’s 2020 Survey of Resident/Fellow Stipends and Benefits. This salary number is based on from 190 institutions that participated in the survey.
May 6, 2024 · In the US, the national average medical resident salary is $63,009 annually, according to the Residents Salary and Debt Report. Medical residency salaries tend to increase over time, generally starting around $63,000 a year with an additional $2,000 to $5,000 raise each year of residency.
Oct 9, 2023 · The average resident salary grew by 5% to $67,400 in 2023, after having stalled between 2020 and 2022. During the immediate post-COVID period, medical resident salaries had increased a mere 1% annually. Still, salaries increase over the course of residency, with first-year residents averaging $61,000 and those in years 6 to 8 averaging $74,000.
According to a 2021 Medscape report, the average resident salary is $64,000 per year. This figure has increased by approximately 3% year over year since 2015. But we all know that physicians make significantly more than the average pay. In 2020, primary care physicians earned an average of $243,000. Specialists earn an average of $346,000 per year.
Jun 1, 2022 · According to a 2021 Medscape report, the average resident earns $64,000 per year. This figure has increased by approximately 3% year over year since 2015. The Bureau of Labor Statistics reports that the average U.S. worker earns $48,516 per year, so residents fare better than the average individual.
Data from the annual AAMC Survey of Resident/Fellow Stipends and Benefits are publicly available to AAMC constituents and others with an interest in graduate medical education issues. The 2021 AAMC Survey of Resident/Fellow Stipends and Benefits updated its survey invitation methodology.
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Medical Resident in New York, NY. The base salary for Medical Resident ranges from $262,569 to $339,214 with the average base salary of $303,262.
