The medical field offers many lucrative career paths, and two roles that tend to command high salaries are physicians and pathologists. But how much do these careers pay in the USA?
Let’s delve into the world of physician and pathologist salaries.
This article explores the Physicians, Pathologists wages in United States Of America, exploring the factors that influence your earning potential and offering tips to maximize Physicians, Pathologists income in this dynamic field.
Defining the Physicians, Pathologists:
Physicians: A physician is a medical professional who directly diagnose and treat patients. They conduct physical examinations, order and interpret diagnostic tests, develop treatment plans, and prescribe medications or therapies.
Pathologists: A pathologist is a medical detective who analyze tissue samples, body fluids, and other specimens under a microscope and other advanced technologies to diagnose diseases.
- Physicians, Pathologists Salary Range
- Top Paying Industries for Physicians, Pathologists
- Top Paying U.S. States for Physicians, Pathologists
- Physicians, Pathologists Take-Home Pay
- Expenses and Savings Potential Estimates in USA
- Beyond the Base Salary
- Factors Affecting Physicians, Pathologists Income
- Boosting Physicians, Pathologists Salary: Skills and Tips
Physicians, Pathologists Salary Range
According to the U.S. Bureau of Labor Statistics1, the annual median salary for Physicians, Pathologists is $239,200 or more and annual mean salary is $270,560 . Physicians, Pathologists earn salaries ranging from $74,220 to $239,200 or more annually.
Top 10% earners: Exceed $239,200 annually
Bottom 10% earners: Make less than $74,220 annually
Projected annual median salary for Physicians, Pathologists in 2024-2025 (with 2.5% increase) is $245,180 or more.
This wide range highlights the diverse factors that influence a Physicians, Pathologists income in USA. We will be discussing those factors below.
Top Paying Industries for Physicians, Pathologists
The U.S. Bureau of Labor Statistics (BLS) data reveals that Physicians, Pathologists working for Medical and Diagnostic Laboratories earn the highest annual salaries, exceeding $297,000 annually (U.S BLS May 20232).
Other high-paying industries in USA includes Offices of Physicians, General Medical and Surgical Hospitals etc.
| Industry | Hourly mean wage | Annual mean wage |
| Medical and Diagnostic Laboratories | $ 142.95 | $ 297,330 |
| Offices of Physicians | $ 137.27 | $ 285,530 |
| General Medical and Surgical Hospitals | $ 120.62 | $ 250,890 |
| State Government, excluding Schools and Hospitals (OEWS Designation) | $ 104.71 | $ 217,810 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | $ 102.54 | $ 213,290 |
Industry with highest Employment Level for Physicians, Pathologists
Most number of Physicians, Pathologists are employed in Credit Intermediation and Related Activities, followed by Securities and Other Financial Investments Related Activities.
Chart 2: Industry with highest employment level for Physicians, Pathologists
Top Paying U.S. States for Physicians, Pathologists
New York leads the pack with the highest annual mean wage for Physicians, Pathologists in USA. Following closely are Connecticut and New Jersey all offering wages exceeding $159,000 annually (U.S BLS3).
| State | Hourly mean wage | Annual mean wage |
| Minnesota | ≥ $115 | ≥ $239,200 |
| North Dakota | ≥ $115 | ≥ $239,200 |
| Kentucky | $ 181.22 | $ 376,940 |
| Wisconsin | $ 174.89 | $ 363,780 |
| Iowa | $ 165.59 | $ 344,420 |
Click Here To View Wages of All States U.S. States with the highest employment level for Physicians, Pathologists California leads in providing employment to the Physicians, Pathologists, followed by Florida and New York. Chart 4: States with the highest employment level for Physicians, Pathologists After factoring in federal and state taxes, a Physicians, Pathologists with a state-wise annual mean salary, would have an estimated net income as follows: Taxes and take home pay estimate for a single filer New-York: $246,520 (Annual mean wage) – $67,839 (Estimated income tax) = $178,681 (Estimated take home pay). California: $264,450 (Annual mean wage) –$80,455 (Estimated income tax) = $183,995 (Estimated take home pay). Texas: $278,140 (Annual mean wage) – $64,396 (Estimated income tax) = $213,744 (Estimated take home pay). More taxes can be saved by contributions in IRA, retirement, itemized deduction such as charitable contributions, medical and dental expenses. The average annual expenses for a single person household in New York are estimated at $46,584 excluding taxes, according to estimates from the Massachusetts Institute of Technology4. (The figures are measured in 2023 inflation-adjusted dollars) Based on this estimate, a Physicians, Pathologists earning the take home pay of $178,681, with basic expenses could potentially save $103,158 annually. It’s important to note that individual expenses can vary significantly depending on lifestyle choices and location. Savings for Married Couples/Households: While the data provided doesn’t explicitly detail salary savings for married couples or households, it’s important to consider that combined incomes and potentially shared expenses could significantly increase overall savings potential in USA. Total compensation for Physicians, Pathologists goes beyond the hourly or annual wage. Organizations offer additional benefits such as: Housing stipends: Provides financial support for housing during your placement. Meal stipends: To help with daily meals. Travel allowances: To reimburse travel expenses incurred during relocation. Health insurance: Comprehensive health insurance coverage for you and your dependents. Paid time off: Vacation days and sick leave. Childcare assistance: Childcare assistance programs help employees manage this significant expense. Life insurance: This benefit provides financial protection for an employees family in the event of their death. Disability insurance: This benefit provides income to an employee who is unable to work due to a disability. Continuing education reimbursement: Support for professional development and training. Retirement savings plans: Retirement planning gets a helping hand with employer-sponsored plans like 401(k)s. These plans offer tax advantages for saving. Employers may also match employee contributions. Several factors can affect Physicians, Pathologists paycheck: Experience: As with most professions, experience plays a significant role in determining salary. Entry-level specialists can expect lower salaries, while seasoned professionals with proven track records command higher compensation Specialty: Physicians in high-demand specialties like anesthesiology, surgery, and radiology tend to earn higher salaries compared to those in family or internal medicine. Similarly, pathologists focusing on specialized areas like cytopathology or neuropathology may command higher wages. Location: Geographic location significantly impacts Physicians, Pathologists salaries. U.S. States like Minnesota, North Dakota, and Kentucky offer some of the highest pay, while others may offer lower wages. Industry: The industry you work in can impact your salary. Medical and Diagnostic Laboratories offer the highest wages. Employer: Private practice can offer higher earning potential compared to hospitals or large medical groups. Contract Details: The specific terms of the employment contract, including factors like housing stipends, overtime pay, and benefits, can affect the overall compensation package. So, how can Physicians, Pathologists maximize their salary? Here are some tips: Skills and Certifications: Develop specialized expertise through fellowships, residencies, or additional certifications in high-demand areas. Negotiate Your Salary: Don’t be afraid to negotiate your salary during the job offer stage. Research market rates for Physicians, Pathologists with your experience and qualifications. Take on Leadership Roles: Strong leadership and good communication skills are essential for collaboration with other healthcare professionals and fostering patient trust. This can open the way for leadership roles or higher-paying practice opportunities. Build Professional Network: Strong professional network, reputation through publications, research contributions, and active involvement in medical associations, these can lead you to higher compensation packages. Continue Learning: Stay up-to-date with the latest advancements in your field by attending conferences and pursuing training opportunities.Conclusion: A career as a Physicians, Pathologists in United States offers both professional satisfaction and the potential for a high salary. By understanding the various factors that influence salary and carefully managing expenses, Physicians, Pathologists can make informed decisions and pave the way for a rewarding and financially secure career path. Share this Post Note: This article provides general information only and should not be considered financial advice: Your individual circumstances and specific job offer details will significantly impact your actual earnings. Seek professional guidance: Consulting with a financial advisor can provide personalized advice on managing your finances and maximizing your savings potential.State name Employment Hourly mean wage Annual mean wage Alabama (al) 80 100.12 208240 Alaska (ak) 60 120.92 251520 Arizona (az) 620 138.77 288640 Arkansas (ar) 70 124.23 258390 California (ca) 1180 127.14 264450 Colorado (co) 50 102.24 212660 Connecticut (ct) 180 142.43 296260 District of Columbia (dc) 40 108.24 225150 Florida (fl) 1180 106.79 222130 Illinois (il) 330 118.97 247460 Indiana (in) 490 139.25 289640 Iowa (ia) 50 165.59 344420 Kentucky (ky) 290 181.22 376940 Maryland (md) 70 118.44 246350 Massachusetts (ma) 390 158.36 329400 Michigan (mi) 160 141.32 293950 Minnesota (mn) Estimate not released by U.S. BLS. – ≥ $115 ≥ $239,200 Missouri (mo) Estimate not released by U.S. BLS. 123.87 257650 Nebraska (ne) 130 140.22 291670 Nevada (nv) 40 145.23 302070 New Hampshire (nh) Estimate not released by U.S. BLS. 144.92 301430 New Jersey (nj) 220 139.72 290620 New York (ny) 900 118.52 246520 North Carolina (nc) 300 146.41 304530 North Dakota (nd) Estimate not released by U.S. BLS. ≥ $115 ≥ $239,200 Ohio (oh) 560 124.41 258770 Oklahoma (ok) 110 142.32 296030 Oregon (or) 60 114.07 237270 Pennsylvania (pa) 400 114.92 239030 Rhode Island (ri) 160 Estimate not released by U.S. BLS. Estimate not released by U.S. BLS. South Carolina (sc) 240 124.11 258150 Tennessee (tn) 170 126.89 263930 Texas (tx) 890 133.72 278140 Utah (ut) Estimate not released by U.S. BLS. 86.47 179850 Virginia (va) 60 120.97 251610 Washington (wa) 330 123.99 257900 West Virginia (wv) 40 91.22 189730 Wisconsin (wi) 260 174.89 363780 
Physicians, Pathologists Take-Home Pay
Expenses and Savings Potential Estimates in USA
Beyond the Base Salary
Factors Affecting Physicians, Pathologists Income
Boosting Physicians, Pathologists Salary: Skills and Tips
Acupuncturists Salaries USA 2024: States and Industry
Opticians, Dispensing Salaries USA 2024: States and Industry
Audiologists Salaries USA 2024: States and Industry
Veterinarians Salaries USA 2024: States and Industry
Dietitians and Nutritionists Salaries USA 2024: States and Industry
