Doximity collected self-reported compensation survey data from more than 44,000 licensed U.S. physicians who practice at least 40 hours a week. The report examines how compensation changed from 2019-20, evaluating trends across metropolitan areas, medical specialties, gender and employment type.
Researchers found metro areas with lower average compensation often house more academic institutions and health systems, which can pay less than private institutions.
Ten metro areas with the highest average physician compensation:
1. Milwaukee — $430,274
2. Atlanta — $428,244
3. Jacksonville, Fla. — $427,090
4. Buffalo, N.Y. — $407,070
5. Orlando, Fla. — $406,587
6. Raleigh, N.C. — $406,365
7. Charlotte, N.C. — $404,285
8. Minneapolis — $401,978
9. Riverside, Calif. — $397,005
10. Dallas — $396,184
Ten metro areas with the lowest average physician compensation:
1. San Antonio, Texas — $329,475
2. Virginia Beach, Va. — $331,952
3. Boston — $347,894
4. Baltimore — $348,389
5. Washington, D.C. — $351,572
6. Denver — $352,073
7. Philadelphia — $354,788
8. Memphis, Tenn. — $356,875
9. Louisville, Ky. — $360,609
10. Providence, R.I. — $365,807
To view Doximity’s full report, click here.
More articles on compensation:
Gender pay gap set to close in 39 years
Trinity Health Michigan raises minimum wage for 2,100 workers
Henry Ford Health System boosts minimum wage to $15
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.