Rochester, Minn., a small market dominated by Mayo Clinic, offered the highest average annual physician compensation in 2024 among other metropolitan areas in the U.S., according to Doximity’s “Physician Compensation Report 2025.” Durham-Chapel Hill, N.C., had the lowest.
The report is based on more than 37,000 physician compensation surveys completed last year. Over the past six years, the firm has collected data from more than 230,000 compensation surveys. Each survey was completed by a full-time U.S. physician who works at least 40 hours per week. Responses were mapped to metropolitan statistical areas and the analysis includes the 60 most-represented MSAs.
Editor’s note: Compensation is not adjusted for cost of living.
Metro areas with the highest average annual physician compensation
1. Rochester, Minn. — $495,532
2. St. Louis — $484,883
3. Los Angeles — $470,198
4. San Jose, Calif. — $469,878
5. Sacramento, Calif. — $460,671
6. Phoenix — $459,082
7. Riverside, Calif. — $455,986
8. Minneapolis — $452,598
9. San Francisco — $449,830
10. Charlotte, N.C. — $448,400
Metro areas with the lowest average annual physician compensation
1. Durham-Chapel Hill, N.C. — $358,782
2. Rochester, N.Y. — $364,160
3. Ann Arbor, Mich. — $373,154
4. Charleston, S.C. — $384,419
5. Washington, D.C. — $386,731
6. Providence, R.I. — $386,788
7. San Antonio — $389,495
8. Boston — $390,799
9. Baltimore — $392,507
10. Worcester, Mass. — $397,188
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