Milwaukee remains the highest-paying metro area in the United States for physicians, according to an annual report from
Doximity.
Milwaukee’s average physician compensation in 2020 is $430,274, the highest among the 50 largest metro areas,
the 2020 U.S. Physician Employment Report found.
Milwaukee’s average increased from $395,363 in 2019, which was also the highest among metros that year.
According to the report, the top 10 cities with the highest average compensation this year are:
- Milwaukee: $430,274
- Atlanta: $428,244
- Jacksonville, Florida: $427,090
- Buffalo, New York: $407,070
- Orlando: $406,587
- Raleigh, North Carolina: $406,365
- Charlotte, North Carolina: $404,285
- Minneapolis: $401,978
- Riverside, California: $397,005
- Dallas: $396,184.
Milwaukee also has the highest average compensation in the country for female physicians, at $363,717, according to the report. That's also up from an average of $351,247 last year. Nationally, female physicians had an average annual salary of $299,036 this year.
The metros where female physicians were paid the highest average salary include:
- Milwaukee: $363,717
- Minneapolis: $354,160
- Jacksonville, Florida: $350,418
- Birmingham: $334,327
- Cincinnati: $334,208
The average wage gap between male and female physicians was 28% nationally, with male doctors earning more than $116,000 more annually than their female counterparts.
The Doximity report is based on responses from more than 135,000 licensed U.S. doctors.
Milwaukee has ranked highly among national metro areas in previous studies for the costliness of its hospital systems and medical services. A
BizTimes cover story examined the factors that drive up health care costs in Wisconsin.
