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How Much Do Doctors Make? [Salary by Specialty 2025] | White Coat Investor

The White Coat Investor - Investing & Personal Finance for Doctors·Josh Katzowitz·about 1 month ago
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After a few years earlier this decade, when the average salary for physicians either dropped completely or rose only slightly, the past two years have been much better for doctor compensation. A year after salaries rose by 3.6% in 2025, the latest numbers for 2026 show the average increase for the past year was 3.2%. And now, more physicians say they feel like they're fairly paid. According to the newly released 2026 Medscape Physician Compensation Report , the average physician salary is now $386,000, a rise from $374,000 one year ago and $363,000 from two years ago. Considering average salaries dropped by 2.4% in 2023 and that the average rise in salaries for 2024 was one of the lowest in 14 years, the latest news continues a two-year trend where doctors are getting paid higher salaries while slightly outpacing inflation.…

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