
There are about 900,000 doctors in America, and the United States has among the highest ratios of doctors to the population of any country in the world. Physicians make an average of $270,000 a year and work an average of 55 hours a week. However, these numbers are at least two years old. One weakness of the data is that it does not cover the number of doctors who have left the field due to COVID-19, either because of fear of infection or a drop in revenue. Nevertheless, the range of what doctors are paid varies widely by specialty and location.
[in-text-ad]
An annual survey of physicians by Medscape covers a broad spectrum of issues, from pay by gender to pay by state. The doctors who make the most money by far are plastic surgeons, who make an average of $526,000 a year. The lowest-paid doctors in America are pediatricians. They make an average of $221,000 a year, followed by doctors who practice family medicine at $236,000.
How much doctors make by state also varies widely. The Medscape data shows that doctors in Alabama make the most at $348,000, followed by Kentucky by $340,000. The numbers are counterintuitive. The median household income in Alabama is among the lowest of all states at $51,734, according to the U.S. Census Bureau. That compares to $65,712 nationwide. Kentucky is also among the lowest in median household income at $52,285.
The number of doctors in each state is often ranked by physicians per 100,000 residents. Based on this metric, according to Becker’s Hospital Review, the state with the lowest number is Mississippi. Its figure is 191. Idaho follows closely at 192.
Click here to the state where doctors make the least.
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.