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  • Table 5: Family Physician 2020 Income Before Taxes

      Mean Median
    All Respondents $232,137 $215,000
         
    Employment Status    
    Owner/Partial Owner $219,090 $220,000
    Employed $239,807 $215,000
         
    Primary Employer    
    Physician Group $308,821 $230,000
    Hospital $240,197 $230,000
    Other $198,693 $200,000
         
    Practice Size (num. FTE physicians)    
    Solo $193,230 $200,000
    2 to 5 $216,129 $210,000
    6 to 10 $242,010 $220,000
    More than 10 $278,918 $230,000
         
    Number of Years Since Residency Completion  
    Seven or Fewer Years $223,727 $200,000
    More Than Seven Years $256,805 $220,000
         
    Primary Location    
    Metropolitan Area $231,859 $227,972
    Outside of a Metropolitan Area $210,000 $220,000

    Source: American Academy of Family Physicians, 2020 Practice Profile Survey