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How Much Money Does A Physician Make

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How Much Can I Earn as a Doctor?

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Orthopedists are the highest-paid doctors, according to new research from Medscape which lists the average annual salaries for over 25 medical specialties.

If you're studying medicine and yet to decide about which field you'd like to specialize in, the $489,000 orthopedic physicians earn every year might be enough to tempt you. Orthopedists – doctors who treat bone and muscle problems – make over twice as much money per year as pediatricians, the lowest-paid group of doctors included in Medscape's Physician Compensation Report.

Want to know how much your chosen specialism earns? Check the table below for a complete rundown.

How Much Money Can I Earn as a Doctor?

Orthopedics (bones/muscles)

$489,000

Plastic surgery

$440,000

Cardiology

$410,000

Urology (urinary system)

$400,000

Otolaryngology (ear/nose/throat)

$398,000

Radiology

$396,000

Gastroenterology (stomach)

$391,000

Dermatology

$386,000

Anesthesiology

$364,000

General surgery

$352,000

Ophthalmology (eyes)

$345,000

Emergency medicine

$339,000

Oncology (tumors)

$330,000

Critical care

$324,000

Pulmonary medicine (respiratory)

$310,000

Pathology (bodily fluids)

$293,000

Ob/Gyn

$286,000

Nephrology (kidneys)

$280,000

Allergy & immunology

$257,000

Neurology

$249,000

Rheumatology (joints)

$235,000

Psychiatry

$235,000

Infectious disease

$228,000

Internal medicine

$225,000

Endocrinology (hormones)

$220,000

Family medicine

$209,000

Pediatrics

$202,000

Medicine students will be delighted to learn these figures are likely to rise even higher by the time they graduate. Annual income for doctors has increased steadily over recent years, with the biggest increases occurring in the fields of plastic surgery and allergies. Other specialties, such as pediatrics and oncology, have seen little wage growth, although medicine students interested in these fields can at least take comfort from the fact they'll be out-earning most graduates on other degree courses.

Now just to decide what you'll spend all that money on.

This article was originally published in May 2017 . It was last updated in August 2021

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Written by

As Head of Content, Craig is responsible for all articles and guides published across TopUniversities and TopMBA. He has nearly 10 years of experience writing for a student audience and extensive knowledge of universities and study programs around the world.

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