Doximity compiled the report from surveys completed by 90,000 licensed, full-time U.S. physicians who work at least 40 hours a week.
How salary differs between practice settings:
Single specialty group
2018 average compensation: $377,414
2017 average compensation: $373,240
Change: 1 percent increase
Solo practice
2018 average compensation: $366,967
2017 average compensation: $354,624
Change: 3 percent increase
Multispecialty group
2018 average compensation: $360,767
2017 average compensation: $355,972
Change: 1 percent increase
Health system / accountable care organization / integrated delivery network
2018 average compensation: $342,027
2017 average compensation: $341,444
Change: 0.017 percent increase
Industry / Pharmaceutical
2018 average compensation: $337,547
2017 average compensation: $289,469
Change: 17 percent increase
Hospital
2018 average compensation: $330,433
2017 average compensation: $355,094
Change: 7 percent decrease
Health maintenance organization
2018 average compensation: $327,784
2017 average compensation: $330,523
Change: 1 percent decrease
Academic
2018 average compensation: $307,180
2017 average compensation: $338,449
Change: 9 percent decrease
Top 10 metro areas for physician pay:
1. Milwaukee-Waukesha-West Allis, Wis.: $395,363
2. New Orleans-Metairie, La.: $384,651
3. Riverside-San Bernardino-Ontario, Calif.: $371,296
4. Minneapolis / St. Paul, Bloomington, Minn.: $369,889
5. Charlotte-Concord-Gastonia, N.C.: $368,205
6. Dallas-Fort Worth-Arlington, Texas: $362,472
7. Atlanta-Sandy Springs-Roswell, Ga: $362,267
8. Los Angeles-Long Beach-Anaheim, Calif.: $356,390
9. Cincinnati, Ohio, Kentucky, Indiana: $354,129
10. Hartford-West Hartford-East Hartford, Conn.: $352,129
More articles on benchmarking:
What’s the highest paying NP, PA practice setting?
How US specialty physician salary compares to those abroad
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