Despite a 4% wage increase nationally, physician compensation varies greatly — 6 insights

Doximity released its second annual Physician Compensation Report finding physicians saw a 4 percent wage increase between 2016 and 2017 across the U.S.

Doximity surveyed more than 65,000 U.S. physicians.

Here's what they found:

1. These five metropolitan areas had the highest annual salary in 2017:

Charlotte, N.C. — $402,273
Milwaukee — $398,431
Jacksonville, Fla. — $379,820
Indianapolis — $378,011
San Jose, Calif. — $376,585

2. These five metropolitan areas had the lowest annual salary in 2017:

Durham, N.C. — $282,035
Ann Arbor, Mich. — $302,692
Baltimore — $304,002
New Haven, Conn. — $308,262
Rochester, N.Y. — $312,503

3. These five specialties had the highest average annual salary in 2017:

Neurosurgery — $662,755
Thoracic surgery — $602,745
Orthopedics — $537,568
Vascular surgery — $467,300
Plastic surgery — $473,212

4. These five specialties had the lowest annual salary in 2017:

Pediatric infectious disease — $191,735
Pediatric hematology and oncology — $208,524
Pediatric endocrinology — $214,911
Pediatrics — $221,900
Preventative medicine — $231,838

5. Female physicians earned 27.7 percent, or $105,000, less than their male counterparts. Gender disparity continues to increase in the industry. In 2016, female physicians earned 26.5 percent, or $91,284, less than their male counterparts.

6. There are no specialties where female physicians earn more than their male counterparts. Additionally, women earn less than men in all top 50 metropolitan areas.

To read the full report, click here.

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