Breakdown of physician net worth by demographics — 21 statistics

Thirty-one percent of women have a net worth of $1 million or more, compared to 47 percent of men, according to Medscape's Physician Wealth and Debt Report 2018.

Medscape surveyed 20,329 physicians across more than 29 specialties.

Sixty percent of African-American/Black physicians surveyed were female, whereas in other racial and ethnic groups, 30 percent to 40 percent were female.

Here are 21 statistics on physician net worth by gender and race/ethnicity.

More than $5 million

1. Women: 2 percent
2. Men: 7 percent

3. African American/Black: 2 percent
4. Mixed race: 2 percent
5. Hispanic/Latino: 2 percent
6. Asian: 5 percent
7. Caucasian/White: 6 percent

$1 million to $5 million

8. Women: 29 percent
9. Men: 40 percent

10. African American/Black: 17 percent
11. Mixed race: 23 percent
12. Hispanic/Latino: 33 percent
13. Asian: 35 percent
14. Caucasian/White: 39 percent

Less than $1 million

15. Women: 69 percent
16. Men: 53 percent

17. African American/Black: 81 percent
18. Mixed race: 75 percent
19. Hispanic/Latino: 65 percent
20. Asian: 61 percent
21. Caucasian/White: 55 percent

More articles on benchmarks:
How the 20 most common ASC services changed from 2011 to 2016
Physicians' bad investments: 'I was the victim of a timeshare scam'
Rural settings surpass urban environments in ASC claim lines growth — 5 notes

© Copyright ASC COMMUNICATIONS 2018. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months