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Sunday
Sep052010

Average Salary For Physicians

Here's what the U.S. Bureau of Labor Services (BLS) report as the average salary of a physician in the US.

In 2008, physicians practicing primary care had total median annual compensation of $186,044, and physicians practicing in medical specialties earned total median annual compensation of $339,738."

Let's look at a few specific specialties, in ascending order:

General Pediatricians $161,410
Psychiatrists $163,660
Family and General Practitioners $168,550
General Internists $183,990
Obstetricians and Gynecologists $204,470
Anesthesiologists $211,750
Surgeons $219,770

Physicians and Surgeons, All Other $173,860.

Oh, and nursing jobs are going to grow over the next decade.

The number of registered nurses is expected to swell to 3.2 million by 2018, accounting for approximately 581,500 new jobs, according to the Bureau of Labor Statistics. That's up from 2.6 million today, and it represents the largest overall growth projection out of all occupations in the U.S. economy, for good reason.

Americans aged 65 and older will make up 19% of the population in 2030, up from 12.4% in 2000. As the population ages and the growth of the working-age population slows down, there will be an increased demand for health care services in general, and home health care services in particular. In the past year, the home health care services industry has experienced sales growth of 11.2%, making it the fastest growing industry in the U.S., according to Sageworks, a financial analysis company.

Along with registered nurses, Sageworks projects that home care aids, physician assistants, pharmacists, and other medical professions will be in high demand for the foreseeable future.

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