Doximity developed its report using data from 150,000 compensation surveys completed over the last five years, as well as 33,000 physician compensation surveys completed between January and December 2023. The company surveyed full-time physicians in the U.S. who practice at least 40 hours per week.
Here are 10 specialties with the largest increase in average annual compensation:
Specialty |
Compensation Growth |
Average compensation in 2024 |
Hematology |
12.4% |
$392,260 |
Family medicine |
10.2% |
$300,813 |
Infectious disease |
9% |
$314,626 |
Plastic surgery |
8.5% |
$619,812 |
Occupational medicine |
8.5% |
$317,610 |
Oral and maxillofacial surgery |
8.4% |
$603,623 |
Nephrology |
7.7% |
$365,323 |
Pediatric emergency medicine |
7.5% |
$309,124 |
Oncology |
7.3% |
$479,754 |
Psychiatry |
7.2% |
$332,976 |