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Doctors are educated professionals who are well-compensated for their work. However, there are many salary variations within the field of medicine depending on your chosen speciality and a few other factors like location and experience. 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. While the salaries have seen a general upward trend, the increment varies based on factors such as specialisation, gender, geography etc.
Did you know the difference between the highest and lowest-paid salary of us doctors is, on average, 81,000 USD? (Source: Medscape)
Wondering how to make an informed decision on which specialisation to pursue based on their compensation? We have listed out the average doctor’s salaries by speciality and state.
As per the Bureau of Labor Statistics list, out of the top 20 highest salaried occupations, 13 belonged to the healthcare sector. This clearly shows that doctors in the USA have great earning potential, but many factors affect their compensation. This article discusses the average annual Salary of US doctors in 2023.
As per Glassdoor, in 2022, the national average annual salary of US doctors is USD 183,429.
It means the average salary of US doctors in Rupees is around 1.4 Crore. The lowest national annual average wage was USD 126,470, which went up to USD 208,000 (the highest average). Their average annual salaries included base salaries and transport and housing facility benefits.
Plastic surgery and dermatology are the highest-paid specialisations and score higher in the compensation satisfaction index.
Here are the average doctor salaries based on the specific job types:
Job Types | The Average Salary in the USA (USD) |
---|---|
Advanced Practice Provider | 128,000 |
Allergist | 187,000 |
Behaviour Health Specialist | 107,000 |
Cardiology Specialist | 430,000 |
Chiropractor | 115,000 |
Clinical Psychologist | 292,000 |
Correctional Treatment Specialist | 179,000 |
Counselling Psychologist | 224,000 |
Dermatologist | 291,000 |
Diabetes and Endocrinology | 236,000 |
Family medicine | 231,000 |
Gastroenterology specialist | 239,000 |
Infectious Diseases | 243,000 |
Internal Medicine | 267,000 |
Neurology Specialist | 359,000 |
Oncology Specialist | 366,000 |
Ophthalmologist | 482,000 |
Orthopedics | 482,000 |
Pediatric Specialist | 238,000 |
Plastic Surgery | 471,000 |
Psychiatry Specialist | 255,000 |
Radiologist | 419,000 |
Urology Specialist | 408,000 |
Here is the average income of Doctors state-wise in the USA:
States in the USA | Average Income (in USD) |
---|---|
Oklahoma | 337,000 |
Alabama | 330,000 |
Nevada | 329,000 |
Arkansas | 326,000 |
Florida | 325,000 |
Kentucky | 324,000 |
Tennessee | 323,000 |
Connecticut | 323,000 |
Georgia | 322,000 |
Indiana | 322,000 |
According to the Medscape report, there is a large gap between the salaries of male and female physicians, which seems to be narrowing every year.
However, male specialists earn 33% more than female specialists, and male primary care physicians earn 25% more.
In 2019, male physicians earned USD 228,000 on average and female physicians earned around USD 218,000.
The USA presently has around 50,000 doctors working as locum tenens, and the numbers are rising. Over 50% of the USA’s physician workforce operates as employees for medical groups or hospitals. While they benefit from regular and steady paychecks and permanent position assurance, self-employed people earn more in the USA on average.
As per Medscape Medical Resident Salary & Debt Report 2020, the average self-employed doctor salary, which included locum tenens jobs, in the US was USD 352,000 in 2020 annually. In comparison, the salary for employed physicians stood at USD 300,000 annually.
As per a recent Medscape report, doctors in the US generally receive higher compensation than physicians from seven other countries. Here is how the numbers looked (converted to USD for standardisation) –
While medical school is expensive, you should still pursue your ambition of becoming a doctor in the US. If you’re planning to study medicine in the US, you might be looking for ways to gather funding for your term abroad. To make foreign education affordable and more accessible, Leap finance offers collateral-free loans and an attractive scholarship.
Now that you know that a doctor’s job profile and pay in the USA is quite a lucrative affair, it is imperative to understand that the road to it is not the easiest for an Indian. Given the H1-B intricacies and other issues surrounding it, we suggest you talk to an expert to understand your chances before making a move. At LeapScholar, our professionals are dedicated to providing the best suggestions for your prospects.
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Doctors in the US, especially neurosurgery specialists, earn decent money in the USA. The average annual Indian doctor’s salary in the USA as a neurology specialist was USD 267,000 in 2019 in the country, and it remains a lucrative job post for Indians.
Medical doctors are required to earn a Doctor of Medicine (MD) or a similar degree from a reputed university, along with at least seven years of training to earn licensure to practice medicine in the country.
Pharmacists specialise in the scientific and clinical use of medications. Here are the top responsibilities of the job post – Dispensing prescriptions Communicating with prescribers, Working on patients’ general health issues, Counsel patients.
According to the latest survey by Bemo Academic Consulting, physicians working in the orthopedics specialty department are the highest earning doctors in the US, with an average annual income of $511K.
The entry level doctor salary in the USA is around $209,190 as of November 23, 2022. But the average salary range falls between $181,121 – $233,989.
According to the Work/Life Profiles of Today’s Physician, released last year by AMA Insurance, the doctors in USA work between 40 and 60 hours per week.
The duration of an M.D. in USA is three years.