Quick Answer: Do Doctors Actually Make A Lot Of Money?

The best-paid doctors are orthopedic surgeons, who take home an average of $443,000 annually.

Despite their lower pay, neurologists are the most satisfied—66% say they’d choose the same specialty, and 53% say they’d go into medicine again.

They earn an average of $241,000, while working an average of 55 hours per week.

Which type of doctor gets paid the most?

The top 10 highest paid doctors are:

  • Radiologists: $315,000.
  • Orthopedic surgeons: $315,000.
  • Cardiologists: $314,000.
  • Anesthesiologists: $309,000.
  • Urologists: $309,000.
  • Gastroenterologists: $303,000.
  • Oncologists: $295,000.
  • Dermatologists: $283,000.

Why doctors are paid so much?

The obvious reason they are paid a high salary is because they accepted being salary-free for almost 20 years of their life for the chance to save people’s lives. PhDs on the other hand can make a lot of money. Profs make more than doctors. And data scientists make around the same amount.

How much money do doctors make a month?

Doctors usually start with an annual salary of 200,000. That’s about 17,000 per month.

Do private practice doctors make more money?

A little over two-thirds of physicians are employed as opposed to being in private practice. This is despite the fact that employed physicians ($207,000 primary care, $274,000 specialists) make less (in terms of cash compensation) than self-employed docs ($229,000 primary care, $348,000 specialists).