Physician Income Data
Earnings of physicians and surgeons are among the highest of any occupation.
According to the Medical Group Management Association's Physician Compensation
and Production Survey, median total compensation for physicians varied by their
type of practice. In 2008, physicians practicing primary care had total median
annual compensation of $186,044, and physicians practicing in medical
specialties earned total median annual compensation of $339,738.
Self-employed physicians—those who own or are part owners of their medical
practice—generally have higher median incomes than salaried physicians. Earnings
vary according to number of years in practice, geographic region, hours worked,
skill, personality, and professional reputation. Self-employed physicians and
surgeons must provide for their own health insurance and retirement.
Source: Bureau of Labor
Statistics, U.S. Department of Labor, Occupational Outlook
Handbook, 2010-11 Edition
Physician Job Outlook