Salary of US Doctors in 2024 – A Guide on Annual Salaries in America

Doctors are educated professionals who are well-compensated for their work. According to the Bureau of Labor Statistics, 13 out of 20 highest salaried occupations in the US belong to the healthcare sector, and Doctors are among them.

The COVID pandemic affected healthcare workers globally. Their salaries also stagnated along with problems such as staff shortages, overworking, and extreme burnout. However, according to the Medscape Physician Compensation Report, the average salary of US doctors is again rising.

Excel in IELTS with India’s Top Online Coaching

Leap has helped more than 1 Lakh students achieve 7+ IELTS band.

Request a Callback

As per Glassdoor, the average salary of US doctors is approximately ₹2,25,70,274. Although being a doctor promises you a good salary, the average salary of doctors varies drastically.

Did you know the difference between the highest and lowest-paid salary of US doctors is approximately ₹1,05, 67, 430?

Your specialisation is an important factor in determining your salary as a doctor in the US. Some of the higher-paying specialities in the US include surgery, orthopaedics, neurosurgery, and gastroenterology.

Other factors also affect the salary of US doctors, such as years of experience, work location, and time of work.

Keep reading to know all about the salary of US doctors, including average annual salary as per specialisation, state-wise salary distribution of doctors, salary differences in private and public sectors, and salary hikes on increasing work experience.

Average Salary of US Doctors

The national average salary of US doctors is increasing constantly. The average annual salary of US doctors is approximately ₹2,55,64,779. Your salary consists of a base pay and additional compensation elements. 

The annual payment of US doctors highly varies depending on experience level, educational qualifications, and location. The approximate value of the average annual salaries is as follows. 

A few other factors influence the salary of US doctors. 

For example, the salary of US doctors in private practice could vary from that received by a doctor in public or non-profit organisations. An average annual salary is as follows.

The salary of US doctors can also vary depending on your speciality or the state or city you work. 

Salary of US Doctors as Per Specialisation

Area or field of specialisation is one of the many reasons that affect the salary of US doctors. Doctors who specialise in areas of more demand, such as Neurosurgery, oncology, and orthopaedics, tend to earn more. 

The highest-earning area of specialisation in the US is of a surgeon. The average annual salary of a surgeon in the US is approximately 1 Crore.

Check the table below to know how much doctors earn based on their area of speciality. 

Choosing your area of specialisation is important as it affects the demand and payment you will receive in the future. However, always give preference to your personal area of interest and expertise when deciding on your field of study. Your area of speciality also decides the duration of your residency. 

Excel in IELTS with India’s Top Online Coaching

Leap has helped more than 1 Lakh students achieve 7+ IELTS band.

Request a Callback

Salary of US Doctor by Experience

Long-term experience is highly valued and indicates your dedication and wealth of knowledge to employers.

Doctors with more years of experience are more reliable. Your expertise increases with your experience in any field, and you will be highly compensated for it.  

The following table shows how the salaries of US doctors vary according to their years of experience. 

Remember that although your work experience in the field is well received and paid in the sector, your expertise in the work is counted here.

Salary of US Doctors: State-wise

As one of the most well-remunerated professions, the salary of US doctors is significantly higher than the average wages in the country. The average salary changes across the states.

The healthcare sector’s average expense increases as a state’s average living expense increases. As a result, the monthly remuneration received by doctors in these states is also high.

Check the table below to understand how the average annual salary of US doctors differs across the states of the US. 

Choosing your work location is as important as choosing your profession since this could dramatically affect your salary and demand for work.

Explore all countries

Study in Canada

Study in USA

Study in UK

Study in Australia

Study in Ireland

Study in Germany

Salary of US Doctors: Self-Employed VS Full-Time Doctors

Being a doctor in the US is a promising career path. However, your profit might vary across the sector you opt for, such as private hospitals, government agencies, or non-profit organisations.

The USA presently has around 50,000 doctors working as locum tenens, and the numbers are constantly rising. Over 50% of the USA’s doctors work as employees for medical groups or hospitals. This assures you of a steady paycheck and a permanent position. However, self-employed physicians earn more on average in the USA.

Self-employment offers greater financial benefits for doctors, with a potential of up to 50% increased earnings compared to doctors in permanent positions. The average annual salary of a self-employed doctor in the US ranges from ₹1,55,33,407 to ₹2,44,19,742.   

However, with higher income comes higher responsibilities as well. For example, as a self-employed doctor in the US, you will have to deal with other considerations, such as increasing administrative expenses, taxation factors, and income.

Also Read: Physician Salary In The USA

MBBS Doctor Salary in the USA

Studying MBBS in the USA is a popular choice for Indian students seeking a high-quality medical education.  In the USA, the medical degree is also referred to as MD{Master’s in Medicine) . On average, there are around 1,500 students graduating every year in MD.

MBBS stands for Bachelor of Medicine, Bachelor of Surgery, which is a professional degree in medical science.  After completing MBBS as an undergraduate degree, students can specialise in a specific field of medicine during their residency program. The duration of the MBBS program in the USA is 4 years and includes both classroom instruction and clinical training.

Some of the popular specialisations in which you can pursue MBBS in the USA based on the  average annual salary are given in the table below:

Doctors Salary in USA: A Global Comparison

In the U.S., doctors typically make around ₹ 2,25,70,274 per year, which is more than what doctors in many other developed nations earn. For instance, doctors in Germany earn ₹60,38,334 annually, and in the U.K., the average yearly salary is ₹64,65,433. Still, there exists a significant disparity in pay between male and female doctors in the United States. Male doctors make 33% more money than female doctors.

Specialists in the medical field receive significantly higher salaries than primary care physicians, making medical professionals some of the most well-paid professionals globally. However, this can vary significantly based on factors such as specialisation, level of experience, and practice location.

While doctors in developed nations such as Canada and Germany earn lower average salaries, many developing countries also pay much less to their doctors. In the USA, doctors generally earn a higher income compared to doctors in developed nations such as UK, France, Germany, Spain, Italy, Brazil, and India.

How to Become a Doctor in the US?

Since the doctor is one of the top-paid professions in the US, you also have to know that it is one of the lengthy and time-consuming courses to study. The requirements for becoming a doctor can vary depending on the speciality. However, the general requirements for a doctor is given below.

1. Earning an Undergraduate Degree: The medical course in the US is a postgraduate degree. You need to earn a Bachelor of Science degree before joining a Medical College in the US. You can do your undergraduate in biology, chemistry, or a medicine-related field. 

2. Clearing MCAT: All college pass-outs should take the Medical College Admission Test (MCAT) to get into a medical college in the US. The colleges consider your admission score on the MCAT. Foreign students need an IELTS or TOEFL apart from MCAT to join a Medical College in the US. 

3. Complete Medical Degree: After clearing the MCAT, you are admitted to a Medical College to complete your four-year Medical Degree. This includes both classes and training. In your second year, you must clear the United States Medical Licensing Examination (USMLE Step 1). The second part of the USMLE licensing test is during the fourth year of your medical school.

4. Complete Residency: After finishing medical school, you can choose your specialisation field. This decides the duration of your residency, which varies from 3-7 years. During this period, you will have to work under a supervisor who is an expert in your field. 

5. Pass Part 3 of USMLE: After completing your residency, you must clear the third and final part of USMLE. 

6. Get State License: After completing your training, USMLE, and earning your Board Certification in your area of specialisation, you must get medical licensure from the state to practice medicine legally. This is your final step before practising as a doctor in the US. 

Becoming a doctor in the US can be a lengthy and hard-working process. But the reputation you receive and your salary is worth it. So, choose your appropriate path, considering your long-term goals.

Final Thoughts

Despite the time taken to complete a medicinal course, the profession is still one of the most opted healthcare professions in the country due to its high demand and remuneration. 

Before choosing your profession, consider all the job parameters, such as your area of expertise, salary, work location, and other benefits.

Frequently Asked Questions