How Much Do Doctors Make?

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Doctor job descriptionIf you want to pursue the career of a doctor, you should prepare yourself for a lot of years studying. There are also several different specialist fields you can enter into. So you should also think about some of the choices you have in front of you, and which area of speciality you would like to work in.

Some of the specialist areas include studying to be a paediatrician, urologist, cardiologist, dermatologist among others. General practitioners work mostly full time, and their workspace is either a private office or an area in a clinic/hospital.

Those who work from a hospital typically end up working irregular or along hours. Including weekends, nights, and short notice when emergencies happen. Doctors also work alongside other healthcare professionals, like nurses, EMT’s and physical therapists.
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Doctor Salary

doctor salaryThe next thing people always ask is, how much do doctors make. This question cannot be answered with a single number, we need to look at some of the variables that affect this. Experience, specialty, industry, and geographic location all make an impact on salary.

According to official government’s data the median annual wage of a doctor is about $111,630. The lowest earning 10% are making around $56,590 a year, this is also the expected starting salary of a doctor.

On the other hand the top 10% are making over $235,000. Keep in mind though, that in order to earn as much as the top 10% you will need to have completed a number of years study and practice. You can see clearly from the above numbers that the range of the potential income of a doctor can vary greatly.

Some of the states with the highest salaries include Minnesota, South Dakota, New Hampshire and Montana.

Top Paying States for Doctors

FlagStateEmployment per 1000 JobsHourly mean wageAnnual mean wage
Minnesota FlagMinnesota1.438$113.05$235,150
South Dakota FlagSouth Dakota2.518$110.04$232,530
New Hampshire FlagNew Hampshire2.88$111.32$231,550
Montana FlagMontana0.815$111.79$228,880
Wyomin FlagWyoming1.189$108.80$226,310

Top Paying Industries

IndustryPercent of industry employmentHourly mean wageAnnual mean wage
Offices of Dentists0.02$115.89$241,060
Management of Companies and Enterprises0.02$111.91$232,770
Medical and Diagnostic Laboratories2.03$111.07$231,040
Offices of Physicians5.74$107.49$223,580
Computer System Services-$105.39$219,200

 

Doctor Job Description

what do doctors doSo, what do doctors do? Their duties include diagnosing health problems, and then treating the injuries or illnesses.

When patients arrive at a hospital or a private office, the first thing that the doctor has to do is to find the cause of their health problem. In order to do so, the doctor has to physically examine them, run medical tests, and review their medical history.

After the diagnosis, the doctor then has to apply the most appropriate treatment in order to help the patient manage or recover from their health problem.

The treatment can come in different forms. Depending on the nature of the injury/illness it can be a drug prescription, a surgical operation and/or a reference to another healthcare specialist.

But a doctor’s care of a patient doesn’t stop there. They track the progress of the patient as they recover or deal with the health problem. Responding to a given treatment, and if needed making changes to it.

Doctor’s also have a counselling role. They inform patients of any lifestyle changes they need to make after a procedure. Furthermore they give general health advice in order to improve the quality of the patient’s life.

Another part of a doctor’s routine duties is dealing with emergency situations as they arise. When an ambulance arrives with a patient in a critical condition, the doctor has to coordinate a team of healthcare professionals to attend to the patient. This has to be done in a quick and effective way in order to save the patient’s life. They might also need to apply CPR or an adrenaline injection if the situation calls for it.

Doctor Job Outlook

The continuously aging population, and the growth of the healthcare industry has created a positive outlook for this profession. These factors will increase the demand of high quality healthcare services across the US, creating plenty of job openings.

There will be around 123.300 new job openings between now and 2022. This can be translated to a projected growth of 18%, which is way above the average for all professions.
This growth may slow down in the future however.

As new technologies develop they will allow doctors to handle more patients in less time. Another growth slowing factor is the attempt of the healthcare facilities to decrease their costs. A way of doing this is by assigning some of the routine duties of a doctor, delegating them to less expensive healthcare professionals like nurses.

These factors are expected to reduce the growth rate, but will certainly remain far from entering negative figures.
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Doctor Salary by State

FlagStateEmployment per 1000 JobsHourly mean wageAnnual mean wage
Alabama FlagAlabama2.289$104.01$216,330
Alaska FlagAlaska0.85$80.70$167,850
Arizona FlagArizona1.641$97.63$203,080
Arkansas FlagArkansas2.26$81.75$170,040
California FlagCalifornia1.499$90.66$188,560
Colorado flagColorado1.029$104.33$217,000
Connecticut FlagConnecticut2.42$86.56$180,050
Delaware flagDelaware3.168$98.50$204,890
Florida FlagFlorida1.772$98.80$205,510
Georgia FlagGeorgia2.988$99.60$207,160
Hawaii FlagHawaii1.465$99.21$206,360
Idaho FlagIdaho1.64$106.05$220,590
Illinois FlagIllinois2.704$88.45$183,970
Indiana FlagIndiana2.905$106.34$221,190
Iowa FlagIowa1.469$105.56$219,570
Kansas FlagKansas2.629$95.22$198,060
Kentucky FlagKentucky1.913$79.02$164,360
Louisiana FlagLouisiana1.517$91.33$189,960
Maine FlagMaine3.758$101.38$210,870
Maryland FlagMaryland4.324$84.59$175,940
Massachusetts FlagMassachusetts2.979$73.94$153,800
Michigan FlagMichigan2.828$87.52$182,030
Minnesota FlagMinnesota1.438$113.05$235,150
Mississippi FlagMississippi1.611$81.90$170,360
Missouri FlagMissouri1.342$94.85$197,280
Montana FlagMontana2.518$110.04$228,880
Nebraska FlagNebraska1.892$75.34$156,710
Nevada FlagNevada1.105$99.27$206,480
New Hampshire FlagNew Hampshire2.88$111.32$231,550
New Jersey FlagNew Jersey3.477$90.03$187,250
New Mexico FlagNew Mexico2.005$103.06$214,360
New York FlagNew York4.561$80.39$167,210
North Carolina FlagNorth Carolina2.534$83.80$174,310
North Dakota FlagNorth Dakota0.589$104.33$217,010
Ohio FlagOhio3.091$87.58$182,160
Oklahoma FlagOklahoma1.883$94.73$197,040
Oregon FlagOregon3.277$96.36$200,420
Pennsylvania FlagPennsylvania2.653$91.34$189,990
Rhode Island FlagRhode Island5.387$75.76$157,580
South Carolina FlagSouth Carolina1.149$90.88$189,040
South Dakota FlagSouth Dakota0.815$111.79$232,530
Tennessee FlagTennessee2.156$108.13$224,900
Texas FlagTexas1.531$97.04$201,840
Utah FlagUtah1.252$100.69$209,430
Vermont FlagVermont1.18$87.58$182,160
Virginia FlagVirginia1.885$96.92$201,600
Washington FlagWashington1.582$101.09$210,260
West Virginia FlagWest Virginia3.712$90.52$188,270
Wisconsin FlagWisconsin1.511$101.83$211,810
Wyomin FlagWyoming1.189$108.80$226,310
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