Average physician pay increased in most metropolitan areas across the U.S., but ongoing Medicare pay cuts and inflation mean physicians are still feeling a pinch, according to data from Doximity’s “Physician Compensation Report 2025.”
Physicians in 54 of the 60 major metropolitan areas Doximity surveyed reported pay increases, with two-thirds saying their pay jumped 3% or more in the last year. The company gathered information from 37,000 physicians across the U.S. and in different practice settings.
Overall physician pay increased 3.7% from 2023 to 2024, with many of the high growth areas being in the Midwest.
Highest growth:
- Austin, Texas: 11.1%
- Kansas City, Mo.: 10%
- Buffalo, N.Y.: 9.8%
- Orlando: 9.7%
- St. Louis, Mo.: 9.6%
- Nashville, Tenn.: 9.2%
- Rochester, Minn.: 8.7%
- Salt Lake City: 7.5%
- Riverside, Calif.: 7.4%
- Denver: 7%
Highest paying metropolitan areas:
- Rochester, Minn.: $495,532
- St. Louis: $484,883
- Los Angeles: $470,198
- San Jose: $469,878
- Sacramento: $460,671
- Phoenix: $459,082
- Riverside, Calif: $455,986
- Minneapolis: $452,598
- San Francisco: $449,400
- Charlotte, N.C.: $448,400
