Physicians

Detailed Occupation

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2020 Workforce

864k

Average Age

46.7

Average Salary

$240,870

Average Male Salary

$270,793

Average Female Salary

$194,693

About

Physicians are most often employed by the General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals industry. The average yearly wage for Physicians was $240,870 in 2016. The top 3 most similar occupations to Physicians by wage are Chief executives & legislators, Dentists, and Nurse anesthetists.

Physicians are part of the Healthcare practitioners & technical occupations, along with Chiropractors, Dentists, Dietitians & nutritionists, Optometrists, Pharmacists, and 37 more.

The top 3 locations that employ the most Physicians are Near North Side, Loop & Near South Side PUMA, IL, Upper East Side PUMA, NY, and Philadelphia City (Center City) PUMA, PA. The top 3 locations with a relatively high concentration of Physicians are Near North Side, Loop & Near South Side PUMA, IL, Philadelphia City (Center City) PUMA, PA, and South of US-59, West of I-45 & Inside Loop I-610 PUMA, TX.

Employment

Information on the businesses and industries that employ Physicians and on wages and locations for those in the field. General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals is the industry that employs the most Physicians, both by share and by number, though the highest paid industry for Physicians, by average wage, is Pharmaceutical & medicine manufacturing. Physicians are paid most in Orange County (Southeast) PUMA, NY but are relatively concentrated in Near North Side, Loop & Near South Side PUMA, IL.

Yearly Wage

$240,870

AVERAGE SALARY

± $4,627

In 2020, Physicians earned an average of $240,870, $184,916 more than than the average national salary of $55,954.

Surgeons make somewhat more than Physicians while Chief executives & legislators make somewhat less. This chart shows the various occupations closest to Physicians as measured by average annual salary in the US.

Wage Distribution

0.331

WAGE GINI

In 2019, Physicians had a wage GINI coefficient of 0.331, which is lower than than the national average of 0.478. In other words, wages are distributed more evenly for Physicians (shown in red) than for the overall labor force (shown in gray).

Wage by Location

HIGHEST PAYING PUMAS

This map shows the Public Use Microdata Areas (PUMAs) in the United States shaded by average annual wage for Physicians.

Spatial Concentration

PUMAs with a Relatively High Concentration of Physicians

This map displays which Public Use Microdata Areas (PUMAs) in the United States have a relatively high population of Physicians.

Most Common

The most common industries employing Physicians, by number of employees, are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals, Offices of physicians, Outpatient care centers, Colleges, universities & professional schools, including junior colleges, Other health care services, Administration of human resource programs, Psychiatric and substance abuse hospitals, Offices of other health practitioners, Employment services, National security & international affairs, and Scientific research & development services.

Highest Paying

The highest paying industries for Physicians, by average wage, are Pharmaceutical & medicine manufacturing, Professional & commercial equipment & supplies merchant wholesalers, and Drugs, sundries, & chemical & allied products merchant wholesalers .

Industries by Share

864k

2020 Workforce

± 22,751

0.825%

1 YEAR GROWTH

± 3.7%

The number of people employed as Physicians has been growing at a rate of 0.825%, from 856,681 people in 2019 to 863,745 people in 2020.

This graphic shows the share of Physicians employed by various industries. General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals employs the largest share of Physicians at 45.7%, followed by Offices of physicians with 33.2% and Outpatient care centers with 7.19%.

Diversity

Demographic information on Physicians in the US. The average age of male Physicians in the workforce is 49 and of female Physicians is 43.2, and the most common race/ethnicity for Physicians is White (Non-Hispanic).

Composition by Sex

524k

MALE WORKFORCE

± 17,743

340k

FEMALE WORKFORCE

± 14,291

60.7% of Physicians are Male, making them the more common sex in the occupation. This chart shows the sex breakdown of Physicians.

Race & Ethnicity

Most Common Race or Ethnicity of Physicians

White (Non-Hispanic)
Asian (Non-Hispanic)
Black (Non-Hispanic)

62.3% of Physicians are White (Non-Hispanic), making that the most common race or ethnicity in the occupation. Representing 22.3% of Physicians, Asian (Non-Hispanic) is the second most common race or ethnicity in this occupation. This chart shows the racial and ethnic breakdown of Physicians.

Age by Sex

AVERAGE MALE AGE

± 0.463

43.2

AVERAGE FEMALE AGE

± 0.488

The median age of Physicians is 46.7, and Male employees are generally 5.77 years older than than their Female counterparts.

Education

Data on higher education choices for Physicians from The Department of Education and Census Bureau. The most common major for Physicians is Biology but a relatively high number of Physicians hold a major in Biology.