The average salary for medical residents is $64,000, according to the 2021 Medscape resident salary and debt report. Residents start making about $57,500 in their first year and report growth for the next six to eight years, making $70,300, on average, in their last year.
Most medical residents think they should earn more, and 4 in 10 think they should earn 26 percent to 50 percent more. The residents may have a point.
The highest-paying entry-level jobs in other sectors require much less schooling and start at the ceiling for medical residents.
Here is a breakdown of the 10 highest-paying entry-level jobs, according to Fortune:
1. Software developer: $107,500 annually
2. Web developer: $106,000
3. User experience designer: $102,500
4. Environmental engineer: $95,000
5. Content strategist: $88,000
6. Database analyst: $86,500
7. Social media manager: $77,500
8. Human resource associate: $73,500
9. Accountant: $71,500
10. Executive assistant: $70,000
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