Race and Gender Gap Remains in Physician Compensation

Trends in physician wealth and lifestyle highlight unchanged gender disparity year over year

  • 60% of doctors report family net worth exceeding that for an average American family ($748,800).
  • Gender disparity in net worth virtually unchanged year-to-year.
  • Top three expenses: mortage on primary residence, car loan payments, and credit card debt.
  • 1/4 of orthopaedic surgeons own homes bigger than 5000 square feet (twice the average newly constructed American home of 2485 square feet).
  • Level of squabbling with spouses or partners over finances mirrors American mainstream.

Source

Medscape. Physician Wealth & Debt Report 2023. Accessed July 14, 2023.