- According to Medscape’s 2024 “Physician Compensation Report,” even though many U.S. physicians earn around $400,000 a year, over a third are pursuing side jobs to boost their income in 2024.
- Although physicians rank among the highest-paid professionals in the U.S., with an average annual salary of nearly $400,000, many specialists still feel that they are underpaid.
- On average, self-employed physicians earn more than their employed peers.
- Physicians in the West North Central region of the U.S., encompassing states such as Minnesota, Nebraska, and Missouri, have the highest earnings compared to any other region.
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