Veterinarians Salaries USA 2024: States and Industry

The world of veterinary medicine offers a fascinating path for animal lovers. But beyond the professional satisfaction of helping animals, financial security is also important. So, what kind of salary can you expect as a veterinarian in the USA?

This article explores the Veterinarians wages in United States Of America, exploring the factors that influence your earning potential and offering tips to maximize Veterinarians income in this dynamic field.

Defining the Veterinarians:

Veterinarians are the medical professionals dedicated to the health and well-being of animals.

Responsibilities of a Veterinarian:

  • Conducting Physical Examinations
  • Diagnostic Testing
  • Develop Treatment Plans
  • Perform Surgical Procedures
  • Client Communication
Veterinarians Wages in USA

Veterinarians Salary Range

According to the U.S. Bureau of Labor Statistics1, the annual median salary for Veterinarians is $119,100. Veterinarians earn salaries ranging from $72,360 to $201,440 annually.

Top 10% earners: Exceed $201,440 annually

Bottom 10% earners: Make less than $72,360 annually

Projected annual median salary for Veterinarians in 2024-2025 (with 2.5% increase) is $122,077.

The median annual wages for Veterinarians in the Top industries

Median annual wages for Veterinarians in the top industries

Chart 1: Median annual wages for Veterinarians in the top industries (U.S. BLS. May 20232)

This wide range highlights the diverse factors that influence a Veterinarians income in USA. We will be discussing those factors below.

Top Paying Industries for Veterinarians

The U.S. Bureau of Labor Statistics (BLS) data reveals that Veterinarians working for Merchant Wholesalers, Nondurable Goods earn the highest annual salaries, exceeding $ 166,000 annually (U.S BLS May 20233).

Other high-paying industries in USA includes Scientific Research and Development Services etc.

IndustryHourly mean wageAnnual mean wage 
Merchant Wholesalers, Nondurable Goods (4242 and 4246 only)$ 79.83$ 166,050
Scientific Research and Development Services$ 73.99$ 153,900
General Medical and Surgical Hospitals$ 73.19$ 152,240
Management, Scientific, and Technical Consulting Services$ 73.00$ 151,850
Management of Companies and Enterprises$ 69.33$ 144,200
Table 1 : Top paying industries for Veterinarians

Industry with highest Employment Level for Veterinarians

Most number of Veterinarians are employed in Professional, Scientific, and Technical Services, followed by Social Advocacy Organizations.

Industry with highest employment level for Veterinarians

Chart 2: Industry with highest employment level for Veterinarians

Top Paying U.S. States for Veterinarians

Massachusetts leads the pack with the highest annual mean wage for Veterinarians in USA. Following closely are California and Hawaii all offering wages exceeding $162,000 annually (U.S BLS4).

StateHourly mean wageAnnual mean wage 
Massachusetts$ 77.90$ 162,030
California$ 76.26$ 158,610
Hawaii$ 75.85$ 157,770
District of Columbia$ 75.28$ 156,570
New Jersey$ 73.86$ 153,630
Table 2 : Top paying States for Veterinarians

State nameEmploymentHourly mean wageAnnual mean wage
Alabama (al)103053.38111030
Alaska (ak)180Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Arizona (az)149073.79153480
Arkansas (ar)54054.11112550
California (ca)769076.26158610
Colorado (co)222053.13110510
Connecticut (ct)84066.94139230
Delaware (de)19059.34123420
District of Columbia (dc)15075.28156570
Florida (fl)503069.21143950
Georgia (ga)254057.80120220
Hawaii (hi)27075.85157770
Idaho (id)50058.94122590
Illinois (il)254056.75118040
Indiana (in)184059.67124120
Iowa (ia)101050.98106040
Kansas (ks)99049.87103730
Kentucky (ky) 125050.18104380
Louisiana (la)75055.51115450
Maine (me)47066.05137380
Maryland (md)1390Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Massachusetts (ma)174077.90162030
Michigan (mi)222055.63115710
Minnesota (mn)183052.94110120
Mississippi (ms)51049.36102660
Missouri (mo)193050.18104380
Montana (mt)49045.2394070
Nebraska (ne)72045.6995040
Nevada (nv)77050.40104830
New Hampshire (nh)53066.56138450
New Jersey (nj)193073.86153630
New Mexico (nm)43058.38121430
New York (ny)342072.65151100
North Carolina (nc)274060.91126700
North Dakota (nd)27051.66107460
Ohio (oh)268055.41115250
Oklahoma (ok)119056.78118110
Oregon (or)163055.33115080
Pennsylvania (pa)310059.13123000
Puerto Rico (pr)12045.2294060
Rhode Island (ri)27071.60148920
South Carolina (sc)144061.25127400
South Dakota (sd)29048.88101670
Tennessee (tn)154060.54125920
Texas (tx)566062.42129830
Utah (ut)61061.99128940
Vermont (vt)330Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Virginia (va)266057.18118940
Washington (wa)204067.55140510
West Virginia (wv)35061.81128570
Wisconsin (wi)181072.55150910
Wyoming (wy)19048.46100800
Table 3: Wages of Veterinarians in USA States

U.S. States with the highest employment level for Veterinarians

California  leads in providing employment to the Veterinarians, followed by Texas and Florida.

 States with the highest employment level for Veterinarians

Chart 3: States with the highest employment level for Veterinarians

Veterinarians Take-Home Pay

After factoring in federal and state taxes, a Veterinarians 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: $151,100 (Annual mean wage) – $34,747 (Estimated income tax) = $116,353 (Estimated take home pay).

California: $158,610 (Annual mean wage) –$39,150 (Estimated income tax) = $119,460 (Estimated take home pay).

Texas:  $129,830 (Annual mean wage) – $21,235 (Estimated income tax) = $108,595 (Estimated take home pay).

More taxes can be saved by contributions in IRA, retirement, itemized deduction such as charitable contributions, medical and dental expenses.

Expenses and Savings Potential Estimates in USA

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 Technology5. (The figures are measured in 2023 inflation-adjusted dollars)

Based on this estimate, a Veterinarians earning the take home pay of $116,353, with basic expenses could potentially save $69,769 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.

Beyond the Base Salary

Total compensation for Veterinarians 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.

Factors Affecting Veterinarians Income

Several factors can affect Veterinarians 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.

Education and Certifications: Obtaining specialized certifications, completing residencies, or earning advanced degrees (e.g., Master’s or Ph.D.) in areas like surgery, oncology, or exotic animal medicine can significantly increase earning potential.

Location: Geographic location significantly impacts Veterinarians salaries. U.S. States like Massachusetts, California, and Hawaii offer some of the highest pay, while others may offer lower wages.

Industry: The industry you work in can impact your salary. Merchant Wholesalers, Nondurable Good generally offer the highest wages.

Employer: Private practice can offer higher earning potential compared to veterinarians employed by animal hospitals or large veterinary 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.

Boosting Veterinarians Salary: Skills and Tips

So, how can Veterinarians maximize their salary? Here are some tips:

Specialization: Like many medical professions, veterinarians can specialize in specific areas such as surgery, oncology, or exotic animal medicine. Specialized veterinarians often earn higher salaries due to their advanced training and expertise.

Negotiate Your Salary: Don’t be afraid to negotiate your salary during the job offer stage. Research market rates for Veterinarians with your experience and qualifications.

Take on Leadership Roles: Strong leadership and communication skills are essential for collaborating with veterinary technicians, client communication, and fostering trust with pet owners. These skills can pave the way for higher earning opportunities.

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 Veterinarians 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, Veterinarians can make informed decisions and pave the way for a rewarding and financially secure career path.

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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.

Resources

  1. U.S. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes291131.htm#st ↩︎
  2. U.S. Bureau of Labor Statistics: https://www.bls.gov/ooh/healthcare/veterinarians.htm#tab-5 ↩︎
  3. U.S. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes291131.htm#st ↩︎
  4. U.S. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes291131.htm#st ↩︎
  5. Massachusetts Institute of Technology: https://livingwage.mit.edu/states/36 ↩︎
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