If you’re a future physician with an eye on practicing in New Orleans, Cincinnati, Hartford, Atlanta or Minneapolis, your future already looks promising financially. Data collected in Doximity’s latest U.S. Physician Employment Report reveals these cities are among those not only boasting highest physician salaries in 2019, but also showing the highest compensation growth.
Research analyzed by Doximity, an online networking service for medical professionals, was collected from across the company’s network of 70,000 physicians and 27,000 physician jobs posted on the site in 2018 and 2019. It shows that physician salaries in the top 10 highest-paying cities all are significantly higher than the US Bureau of Labor Statistics’ reported media pay of $208,000 for physicians and physician surgeons in 2018. They are:
- Milwaukee, $395,363
- New Orleans, $384,651
- Riverside, CA, $371,296
- Minneapolis, $369,889
- Charlotte, NC, $368,205
- Dallas, $362,472
- Atlanta, $362,267
- Los Angeles, $356,390
- Cincinnati, $354,129
- Hartford, CT, $352,129
Of those, New Orleans and Cincinnati showed the highest year-over-year growth from the end of 2018 to the end of 2019. New Orleans led with a 10 percent jump, followed closely by Cincinnati’s 9 percent increase. Ann Arbor, MI Hartford and Riverside grew three percent; Baltimore, Rochester, NY and Atlanta two percent; and Minneapolis and Charleston, NC one percent.
No matter where you chose to practice, you can bet the competition will be tough. Make sure you’re fully prepared to tackle both your medical studies and the competition for the practice opportunities you want. Call 904-209-3140 to speak with an enrollment specialist at WOLFPACC, a USMLE and COMLEX review program that helps medical students maximize their potential on the boards, as well as clinical application on the hospital wards.
