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Primary care physicians, the most common specialty, have the lowest earnings. [8] The highest earners tend to be specialists who perform procedures and surgeons. [8] Physician salaries in the United States comprise 8.6% of total national healthcare spending. [8] On average, physicians in the US work 55 hours each week.
Information from an unknown source; Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings.
According to health data collected by the OECD, average income for physicians in the United States in 1996 was nearly twice that for physicians in Canada. [89] In 2012, the gross average salary for doctors in Canada was CDN$328,000. Out of the gross amount, doctors pay for taxes, rent, staff salaries and equipment. [90]
How Much Does the Average American Make? According to the U.S. Bureau of Labor Statistics, the median weekly earnings for full-time workers in the fourth quarter of 2022 was $1,085.
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Specialty Average salary (USD) Average hours work/week Average salary/hour (USD) Allergy and Immunology $298K Anesthesiology: $405K 59 Dermatology: $438K 44 103 Emergency medicine: $373K 44 180 Endocrinology $257K Cardiac surgery: 218,684 to $500,000 Cardiology $490K 55 Critical care $369K Infectious disease $260K Internal medicine: $264K 55 58
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Approximately 93% of the working population in the United States are employees earning a salary or wage. [1] Typically, cash compensation consists of a wage or salary, and may include commissions or bonuses. Benefits consist of retirement plans, health insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc.