Physicians Compensation Survey: 2021

PracticeMatch conducts a physician compensation survey on an annual basis to report trends in salary, sign-on bonuses, and job satisfaction by specialty. Check out the 2020 survey results.

1. Metro Areas with the Highest & Lowest Salaries

City Salary City Salary
Milwaukee $430,274 San Antonio $329,475
Atlanta $428,244 Virginia Beach $331,952
Jacksonville $427,090 Boston $347,894
Buffalo $407,070 Baltimore $348,389
Orlando $406,587 Washington, DC $351,272
Raleigh $406,365 Denver $352,073
Charlotte $404,285 Philadelphia $354,788
Minneapolis $401,978 Memphis $356,875
Riverside, CA $397,005 Louisville $360,609
Dallas e $396,184 Providence $365,80

2. Top 10 Cities where Female Physicians Earn the Most & Least Annual Compensation

City Compensation City Compensation
Milwaukee, WI $363,717 Hartford, CT $239,897
Minneapolis, MN $354,160 Memphis, TN $246,531
Jacksonville, FL $350,418 Virginia Beach, VA $256,678
Birmingham, AL $334,327 Providence, RI $262,595
Cincinnati, OH $334,208 Baltimore,MD $263,611
Phoenix, AZ $325,834 Washington, DC $270,209
St. Louis, MO $324,657 Pittsburgh, PA $273,195
Atlanta, GA $323,785 Tampa, FL $274,240
Dallas, TX $321,698 Detroit, MI $275,980
Nashville, TN $318,890 Oklahoma City, OK $278,797

3. Specialties with the Smallest & Largest Gender Wage Gaps

Specialty Wage Gap
Nuclear Medicine women earn 2.5% less
Hematology women earn 11.4% less
Urology women earn 12% less
Colon/Rectal Surgery women earn 12.2% less
Emergency Medicine women earn 12.6% less
Otolaryngology women earn 22% less
Geriatrics women earn 21.4% less
Orthopedic Surgery women earn 20% less
Research women earn 19.8% less
OBGYN women earn 19.6% less

4. Top 10 Average Incentive Bonuses by Specialty

Specialty Incentive Bonus
Orthopedics/Orthopedic Surgery $116k
Ophthalmology $87k
Otolaryngology $72k
Urology $72k
Cardiology $71k
Radiology $69k
Gastroenterology $60k
Anesthesiology $55k
OB/GYN $48k
General Surgery $47k

5. Top 10 Median Salaries by Specialty

Specialty Signing Bonus
Orthopedics/Orthopedic Surgery $116k
Ophthalmology $87k
Otolaryngology $72k
Urology $72k
Cardiology $71k
Radiology $69k
Gastroenterology $60k
Anesthesiology $55k
OB/GYN $48k
General Surgery $47k

6. States with the Highest Median Physician Salaries

Specialty Salary Change
Kentucky $340k
Tennessee $329k
Florida $331k
Alabama $348k
Missouri $332k
Iowa $330k
Oklahoma $338k
Indiana $337k
South Carolina $332k
Georgia $330k

7.Physicians Most Likely to Choose the Same Specialty Again [Dermatology, Orthopedics, Oncology, Ophthalmology, Otolaryngology, Radiology, Gastroenterology, Urology, Plastic Surgery, Cardiology ]

Physicians Most Likely to Choose the Same Specialty Again

8.Physicians Least Likely to Choose the Same Specialty Again [ Public Health/Preventive Medicine, Internal Medicine, Family Medicine, OBGYN, Critical Care Unit Physician, Emergency Medicine, Diabetes/Endocrinology, Pediatrics ]

Physicians Least Likely to Choose the Same Specialty Again

9. Highest Paying Specialties by region [ Cardiology, Orthopedic Surgery: General, Neurological Surgery & Urology in East, South, Midwest & West ]

Highest Paying Specialties by region

10. Top Earning Specialties by Employment Settings [ Single-Specialty, Multi Specialty, Rural Health Clinic, Federally Qualified Health Center, Academic Department ]

Top Earning Specialties by Employment Settings

11. Median Physician Salaries by State [ Kentucky,Tennessee, Florida,Alabama, Missouri , Iowa, Oklahoma, Indiana, South Carolina, Georgia]

Median Physician Salary by state
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