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Physician Salaries in Practice Medicine

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    Base Salary

    • According to a 2006 salary survey from Allied Physicians, the average annual income for a physician specializing in family practice is $204,000 per year. This equates to a monthly pre-tax income of $17,000 per month. The lowest reported was $128,000 per year, while the highest salary listed was $299,000 each year.

    Experience

    • The average starting salary for a doctor in practice medicine ranges from $57,871 to $148,744 per year. After a few years of experience, this is expected to gradually increase between $6,306 and $21,554. Once an individual has at least five years of experience, this average raises to a range between $119,165 and $176,569 a year. After 10 years working in family practice, the expected annual salary raises again to between $128,445 and $182,203 a year.

    Geography

    • A survey by the American Medical Group Association (AMGA) conducted in 2009 shows significant differences in physicians salaries base upon on the area they practice. Family practice doctors working in the East brought in on average $179,530 per year. On the other hand, those practicing in the West had an annual median salary of $208,996. In the South, this figure fell to $195,941, while this average was $192,475 for family practitioners working in the North. Individuals practicing in large cities typically earn more than those in more rural areas.

    Gender

    • As with most professions the average annual salary for men working in this profession is higher than females holding the same jobs. The average annual salary for males in family practice ranges from $121,973 to $184,854 per year. On the other hand, women in this specialty bring in on average between $113,819 and $155,947 per year. This comes to an hourly difference of between $1.71 and $6.44 per hour.

    Locum Tenants

    • Typically base salary for locum tenants will be based upon the national average. It then may be adjusted accordingly to the difference in cost-of-living in the specified location as compared to the national average.

    Other Specialties

    • The average salary for an internal medicine doctor can be utilized as a benchmark of comparison for other specialties. The average salary reported for an internal medicine doctor is $176,000 per year (about $14,670 per month). For this specialty, the lowest reported annual salary was $154,000 each year, while the highest-paid physician specializing in internal medicine earned $245,000 per year. The average annual income for a general surgeon is $291,000, while the median yearly salary for an anesthesiologist is $311,000 per year. Pediatricians bring in an average annual income of $175,000 each year, while those specializing in psychology make a median salary of $169,000 each year and plastic surgeons earn on average $412,000 each year.

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