According to the Association of American Medical Colleges, there were 60,305 active pediatricians in the U.S. in 2021.
Pediatricians have varying salaries based on specialty, location and other factors, but it is a good idea to have a general understanding of salary to help guide negotiations and create a financial plan.
According to the BLS, the mean annual wage for pediatricians is $198,420.
Medscape reports that general pediatricians’ average annual earnings were $244,000 in 2022.
The mean annual wage for pediatricians as reported by the BLS equates to an hourly wage of $95.40.
Pediatricians’ salaries can vary greatly by state and territory, ranging from $91,350 in Puerto Rico to $297,280 in Montana. According to the BLS, these are the annual mean salaries for pediatricians by state:
According to the BLS, these are the highest paying states for pediatricians:
According to Medscape, pediatricians make an average of $244,000 per year. The average salaries for other medical specialties are as follows:
According to data from Medscape, 57% of physicians receive an incentive bonus as part of their income. The average annual bonus for a pediatrician is $28,000, the lowest of all reported specialties.
Other specialties’ average incentive bonuses are
According to Medscape, general pediatricians’ salaries increased by 10% in 2022, though individuals may have seen their personal income decline.
The salaries of medical professionals, including pediatricians, can vary greatly depending on the region and the practice.
The sudden rise in salary that occurs when transitioning from training to practice can be difficult to adjust to. Our Build Your Team program connects you to experts in financial planning, budgeting, taxes, and more for free, so that you can feel confident in negotiating and navigating your new salary.
For more helpful information and tips, visit our Resources page or read one of our featured articles below:
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