Female physician wealth, debt in 2024: 7 notes

A solid majority of female physicians, 70%, have a net worth of less than $2 million, according to Medscape’s “Money Matters When You’re Playing Catchup: Medscape Female Physician Wealth & Debt Report 2024,” published Dec. 5. 

Advertisement

Here are six additional stats to know on female physicians’ wealth and debt in 2024: 

1. A plurality of female physicians, 29%, have a net worth of less than $500,000, while 19% are worth $500,000 to $999,999 and 22% are worth $1 million to $1,999,999.

2. Just 10% of female physicians are worth more than $5 million. By comparison, 14% of male physicians are worth more than $5 million. 

3. Asian American female physicians have the highest net worths on average, with 11% worth over $5 million. 

4. The largest debt expense female physicians face is a mortgage on a primary home at 63%. 

5. A majority of female physicians, 64%, have suffered no major financial losses in the last year. A majority, 61%, have also never made an investing mistake. 

6. A majority of female physicians, 62%, live within their means — just slightly more than male physicians at 59%. 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in ASC News

Advertisement

Comments are closed.