Physician Salary Calculator

Quick answer

A physician salary calculator converts physician pay between hourly, monthly and annual amounts, then compares it with official wage data. The Bureau of Labor Statistics reports a median annual wage of $275,930 for physicians and surgeons in May 2025. Family medicine physicians earned a median of $244,180 and general internal medicine physicians $256,560.

Updated 2026-10-02Reviewed by Prof. Dr. Khalil Mudassar, PhD
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BLS wage data, May 2025
Picks which BLS wage table your pay is compared with.
Choose how your base pay is quoted.
$
Gross, before tax. Include production or incentive pay. Leave out call pay and year-end bonuses.
Paid hours in a normal week.
Paid weeks. Use 52 if your leave is paid.
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Call pay, signing or year-end bonuses and profit sharing for the year, from your own records.
$
Same pay type and hours. Compared with your base pay.

Annual gross pay

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Monthly--
Biweekly--
Weekly--
Hourly (base pay)--
BLS percentile band (hourly)--
Approximate percentile, hourly pay--
Approximate percentile, annual pay--
Gap to BLS median--
Full-time equivalent (2,080 hours)--
Second offer--
Second offer percentile--
Second offer vs your base pay--

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How to Use the Physician Salary Calculator

  1. Pick the BLS physician occupation that matches your work. Then choose annual salary or hourly rate.
  2. Enter your base pay, your hours per week and your weeks per year. Add other annual pay or a second offer if you have them.
  3. Read your annual gross pay, the pay-period amounts and where your hourly pay sits in the BLS wage table.

What each result tells you:

ResultWhat it means
Annual gross payBase pay for the year plus any other annual pay you entered, before tax.
Monthly, biweekly, weeklyAnnual gross pay divided by 12, 26 and 52.
HourlyBase pay per paid hour. This is the number compared with BLS.
BLS percentile bandThe two published BLS percentiles your hourly pay falls between.
Approximate percentile, hourlyA straight-line estimate between those two percentiles. BLS does not publish it. The verdict band uses this number.
Approximate percentile, annualThe same estimate for your base annual pay against BLS annual wages, which assume 2,080 hours.
Gap to BLS medianYour hourly pay minus the BLS median hourly wage, in dollars and percent.
Full-time equivalentYour hourly pay times 2,080 hours, the work year BLS uses for annual wages.
Second offer rowsThe second offer as annual and hourly pay, its percentile and the yearly difference.

The first preset is an example, not a typical wage. It shows a family medicine physician paid $250,000 a year for 2,080 hours. That is $120.19 an hour, about the 52nd percentile for that occupation.

What Is a Physician Salary?

A physician salary is the gross pay a physician earns in a year as an employee, before tax and deductions. The Bureau of Labor Statistics (BLS) does not publish one wage table for all physicians. It publishes a separate table for each physician occupation, and this tool lets you pick the one that fits.

Physicians diagnose and treat injuries or illnesses and address health maintenance. They examine patients, take medical histories, prescribe medications, and order, perform and interpret diagnostic tests.

Occupation10th25thMedian75th90thMeanJobs
Family medicine (29-1215)$76,830$162,420$244,180$334,270$428,550$255,820107,510
General internal medicine (29-1216)$73,570$124,470$256,560$374,850$475,430$267,20067,150
Pediatricians, general (29-1221)$91,470$138,290$210,040$273,700$338,500$212,11039,390
Emergency medicine (29-1214)$103,610$184,830$335,550$418,890$495,910$317,48032,880
Obstetricians and gynecologists (29-1218)$94,680$179,810$292,910$369,390$437,300$279,04021,260
Psychiatrists (29-1223)$84,060$154,150$281,870$362,740$446,520$269,94027,980
Pathologists (29-1222)$92,540$186,300$312,400$372,780$449,970$285,42011,110
Physicians, all other (29-1229)$69,170$102,930$265,930$378,770$452,360$262,040342,720

Annual wages. Source: BLS OEWS, national estimates, May 2025. Read on 2026-10-02.

The last row is the largest. Physicians, all other holds 342,720 jobs. It collects every physician specialty that BLS does not list by name, such as gastroenterologists, oncologists and hospitalists. BLS gives those specialties no table of their own, so this page offers the group as one option and does not split it.

Five physician specialties have their own pages here: anesthesiologists, cardiologists, dermatologists, neurologists and radiologists. Surgeons are a separate BLS group with a separate page. All are in the related tools below.

This tool is for employed physicians checking an offer, a raise or a schedule change. It is not a pay quote from any employer.

How Does the Physician Salary Calculator Work?

The calculator converts your pay between time periods, then places your hourly pay in the BLS wage distribution for physicians.

Formula: Annual pay = hourly rate x hours per week x weeks per year
Approximate percentile = P1 + (your hourly - W1) / (W2 - W1) x (P2 - P1)
  1. Convert. An hourly rate is multiplied by hours and weeks. A salary is divided by them to get pay per hour.
  2. Add other pay. Call pay, year-end bonuses and profit sharing you typed are added to the annual total only.
  3. Find the band. Your base hourly pay is checked against the 10th, 25th, 50th, 75th and 90th percentile wages. Your base annual pay is checked against the annual wages in the same way.
  4. Interpolate. W1 and W2 are the two BLS wages around your pay. P1 and P2 are their percentiles.
  5. Measure the gap. Your hourly pay minus the median, then divided by the median.

The table below is the family medicine wage table the tool loads first. Switch the occupation to load one of the other seven tables.

Family Medicine Physicians (SOC 29-1215)Hourly wageAnnual wage
10th percentile$36.94$76,830
25th percentile$78.09$162,420
50th percentile (median)$117.39$244,180
75th percentile$160.71$334,270
90th percentile$206.03$428,550
Mean (average)$122.99$255,820
Employment107,510 jobs

Source: BLS OEWS, national estimates, May 2025. Read on 2026-10-02.

BLS annual wages equal the hourly wage times 2,080 hours. That is 40 hours for 52 weeks. The verdict uses hourly pay so that part-time and long-week schedules are judged fairly. The annual percentile is shown beside it. The two match only on a 2,080-hour year.

Physician Salary Example: Family Physician with Two Offers

A family medicine physician earns a $262,000 base salary. The clinic schedule is 45 hours a week for 48 worked weeks. A year-end bonus adds $18,000. A second group offers $285,000 for the same schedule.

StepCalculationResult
Hours per year45 x 482,160
Hourly pay262,000 / 2,160$121.30
Annual gross pay262,000 + 18,000$280,000.00
Monthly280,000 / 12$23,333.33
BLS band, hourly121.30 is between 117.39 and 160.7150th to 75th percentile
Approximate percentile, hourly50 + (121.30 - 117.39) / (160.71 - 117.39) x 25About the 52nd
Approximate percentile, annual50 + (262,000 - 244,180) / (334,270 - 244,180) x 25About the 55th
Gap to median121.30 - 117.39+$3.91 an hour (+3.3%)
Second offer285,000 / 2,160$131.94 an hour, +$23,000.00 a year

This physician works 2,160 hours a year, 80 more than the 2,080 behind BLS annual wages. The annual percentile reads 55th, but the hourly percentile reads 52nd. The second offer lifts hourly pay to about the 58th percentile. The $18,000 bonus raises the annual total but not the percentile.

Factors That Change Physician Pay

Specialty

Specialty moves pay more than any other factor in the BLS data. Median annual wages run from $210,040 for general pediatricians to $335,550 for emergency medicine physicians among the eight tables on this page. Cardiologists reach $496,010.

Industry

Employer type changes the average. Offices of physicians employ 73,970 family medicine physicians, or 68.8 percent, yet they are not among the five best-paying industries for the occupation.

IndustryAnnual mean wageVersus national mean
Specialty (except Psychiatric and Substance Abuse) Hospitals$287,010+$31,190
State Government, excluding Schools and Hospitals$279,660+$23,840
Local Government, excluding Schools and Hospitals$277,610+$21,790
Medical and Diagnostic Laboratories$269,900+$14,080
Employment Services$262,220+$6,400

The industries BLS lists with the highest annual mean wage for family medicine physicians. Source: BLS OEWS, May 2025. Read on 2026-10-02.

Hours and Call

The Occupational Outlook Handbook says most physicians work full time and some work more than 40 hours a week. Many work long shifts with irregular and overnight hours or call. A salary spread over more hours is a lower hourly wage. The salary to hourly calculator shows that conversion on its own.

Employee or Owner

The wage survey counts employees only. It leaves out self-employed physicians and owners or partners of unincorporated practices. Owner income is not in any table on this page. Practice owners can estimate one tax piece with the self-employment tax calculator.

The Low End of the Table

The 10th percentile for family medicine is $76,830 and the 25th is $162,420. BLS does not say which jobs sit there, and this page does not guess.

Physician Pay vs Other Medical Specialties

Primary care physicians earn less than procedural specialists in BLS data. The table lists May 2025 median annual wages from the Occupational Outlook Handbook, with the 2025 job count and the projected growth to 2035.

OccupationMedian annual wageJobs, 2025Growth, 2025 to 2035
Pediatric Surgeons$559,0301,3002%
Cardiologists$496,01018,5005%
Radiologists$420,86028,7003%
Surgeons, All Other$414,01027,5004%
Anesthesiologists$391,49041,5004%
Orthopedic Surgeons, Except Pediatric$358,55015,5004%
Emergency Medicine Physicians$335,55034,9003%
Dermatologists$328,73012,2007%
Physicians, Pathologists$312,40011,8005%
Ophthalmologists, Except Pediatric$300,0809,7005%
Obstetricians and Gynecologists$292,91022,8002%
Psychiatrists$281,87030,0007%
Physicians, All Other$265,930367,4003%
General Internal Medicine Physicians$256,56073,1004%
Neurologists$248,56011,4006%
Family Medicine Physicians$244,180114,3003%
Pediatricians, General$210,04042,2001%
All physicians and surgeons$275,930862,8004%

Job counts in this table include self-employed physicians, so they are higher than the employee counts in the wage tables. Source: BLS Occupational Outlook Handbook, read on 2026-10-02.

A cardiologist at the median earns $251,830 a year more than a family medicine physician at the median. The ranges still overlap. A family medicine physician at the 90th percentile earns $428,550, which is above the anesthesiologist median of $391,490.

When to Use the Physician Salary Calculator

Checking an Employment Contract

Enter the base salary and the scheduled hours. The band shows whether the offer falls in the lower or upper half of national pay for that occupation.

Converting a Shift Rate

Emergency medicine and locum work is often quoted per hour. At $165.00 an hour for 34 hours and 48 weeks, annual pay is $269,280.00. That hourly rate sits near the 52nd percentile for emergency medicine physicians, while the annual figure sits near the 39th.

Planning After Residency

A first attending salary often arrives with a large loan balance. Set the monthly gross figure against the payment from the student loan payoff calculator.

Budgeting After Tax

The result is gross pay. Read the gross vs net income guide before you plan a household budget from it.

Common Mistakes with Physician Pay Comparisons

1. Treating One Number as the Physician Salary

BLS has no single physician wage table. The $275,930 median covers physicians and surgeons together. Pick the occupation that matches your work.

2. Comparing Owner Income with Employee Wages

Partner distributions and practice profit are not wages in the survey. An owner who compares total income with this table compares unlike things.

3. Reading a 50-Hour Salary Against a 40-Hour Table

BLS annual wages assume 2,080 hours. A physician on 2,400 hours looks better paid on the annual row than on the hourly row. The verdict uses the hourly row.

4. Mixing Private Survey Figures with BLS Figures

Private compensation surveys use different samples and count bonuses and partner income differently. Their medians are often higher than BLS medians. This page uses BLS data only.

5. Assuming the All Other Group Is One Specialty

Physicians, all other holds 342,720 jobs, more than three times the family medicine count. Its median of $265,930 blends many specialties with very different pay.

6. Reading the Percentile as Exact

BLS publishes five percentiles. The number between them is a straight-line estimate and can be off by several points.

Accuracy and Limitations

The conversion is exact arithmetic. The percentile is an estimate, because BLS publishes only five points of the wage distribution.

What it calculates accurately

  • Annual, monthly, biweekly, weekly and hourly gross pay from your own figures.
  • The BLS percentile band your hourly pay falls in.
  • The dollar and percent gap to the BLS national median.
  • The yearly difference between two offers on the same schedule.
  • The same comparison for eight physician occupations, each from its own BLS table.

What it does not account for

  • Federal, state and local tax, or any payroll deduction.
  • Your state, metro area, employer, experience or subspecialty.
  • Self-employed physicians and owners or partners of unincorporated practices. The BLS survey covers employees only.
  • Benefits such as health insurance, retirement match and paid leave.
  • Wages after May 2025. BLS updates the survey once a year.
  • Subspecialties inside the all other group. BLS does not publish them separately.

BLS wages are straight-time gross pay. They include production bonuses and incentive pay. They exclude overtime pay, on-call pay, shift differentials, profit sharing and year-end bonuses. Keep the excluded items in the other annual pay field so the comparison stays like for like.

How We Calculate Physician Pay and Percentiles

Method
Pay-period conversion from your inputs. Percentile band and linear interpolation against BLS OEWS national percentile wages.
BLS data
OEWS national estimates, May 2025, for 29-1215 Family Medicine Physicians, 29-1216 General Internal Medicine Physicians, 29-1221 Pediatricians, General, 29-1214 Emergency Medicine Physicians, 29-1218 Obstetricians and Gynecologists, 29-1223 Psychiatrists, 29-1222 Physicians, Pathologists, 29-1229 Physicians, All Other. Read on 2026-10-02 in the BLS OEWS Profiles tool. The figures are fixed constants on this page.
Inputs used
Pay type, base pay, hours per week, weeks per year, other annual pay and an optional second offer.
Assumptions
A BLS work year is 2,080 hours. Wages are spread evenly between two published percentiles. Monthly is annual / 12, biweekly is annual / 26 and weekly is annual / 52.
Rounding
Money to the cent. Approximate percentile to a whole number. Gap percent to one decimal.
Edge cases
Pay below the 10th or above the 90th percentile gets a band but no percentile number. A percentile that BLS shows only as at or above its reporting limit stays a limit and is never filled in. Zero or negative pay, hours above 168 and weeks above 52 return an error.
Not included
Tax, cost of living, experience, subspecialty and practice-setting adjustments. No such multiplier is used. No private salary survey is used.
Sources
See Sources below.
Last reviewed
2026-10-02.

Frequently Asked Questions About Physician Salaries

How much do physicians make a year?

The BLS median annual wage for physicians and surgeons was $275,930 in May 2025. The lowest 10 percent earned less than $76,560 and the highest 10 percent earned more than $488,320.

How much does a family medicine physician make?

Family medicine physicians had a median annual wage of $244,180, or $117.39 an hour, in May 2025. The middle half earned between $162,420 and $334,270.

What is the average physician salary per hour?

The BLS median for physicians and surgeons was $132.66 an hour in May 2025. Mean hourly wages were $122.99 for family medicine and $128.46 for general internal medicine.

Which physicians on this page earn the most?

Emergency medicine physicians have the highest median of the eight tables, at $335,550. Pathologists follow at $312,400 and obstetricians and gynecologists at $292,910.

How much do pediatricians and psychiatrists make?

General pediatricians had a median annual wage of $210,040 in May 2025. Psychiatrists had a median of $281,870. Both tables are options in the calculator.

Does BLS physician pay include self-employed doctors?

No. The BLS wage survey covers employees only. It excludes the self-employed and owners or partners of unincorporated firms, so practice-owner income is missing from every figure here.

Why is the BLS figure lower than physician salary surveys?

BLS measures straight-time wages of employees and leaves out year-end bonuses, profit sharing and owner income. Private surveys use other samples and definitions. The two sources do not measure the same thing.

Where are gastroenterologists, oncologists and hospitalists?

BLS has no separate table for them. They fall in physicians, all other, a group of 342,720 jobs with a median of $265,930. The tool offers that group as one option.

How long does it take to become a physician?

Physicians typically need a bachelor degree, then 4 years of medical school, then 3 to 9 years of internship and residency, according to BLS. A subspecialty fellowship adds 1 to 3 years.

What is the job outlook for physicians?

BLS projects employment of physicians and surgeons to grow 4 percent from 2025 to 2035, from 862,800 to 894,100 jobs. About 22,100 openings are projected each year.

Why does the calculator not show take-home pay?

Take-home pay depends on filing status, state and deductions, and this tool does not estimate tax. It shows gross pay only, so every figure can be checked against a contract or pay stub.

Sources

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This physician salary calculator gives an estimate for planning. It uses BLS survey data, not a pay offer, and it is not financial, tax or career advice. BLS figures are national estimates for May 2025, read on 2026-10-02. They cover employees only and do not cover self-employed physicians. All amounts are gross pay before tax. Confirm pay with the employer before you decide. Spotted an error? Let us know.

Author

shakeel-Muzaffar
Founder & Editor-in-Chief at  ~ Web ~ More Posts

Shakeel Muzaffar is the Founder and Editor-in-Chief of MultiCalculators.com, bringing over 15 years of experience in digital publishing, product strategy, and online tool development. He leads the platform's editorial vision, ensuring every calculator meets strict standards for accuracy, usability, and real-world value. Shakeel personally oversees content quality, formula verification workflows, and the platform's commitment to publishing tools that are genuinely useful for students, professionals, and everyday users worldwide.