Skin specialists are medical professionals who treat skin diseases. They are typically seen by patients struggling with ailments such as psoriasis, acne, eczema, warts, moles and skin cancer. Inning accordance with the site Medscape, 43 percent of practicing skin specialists were women since 2011. The expected income for skin doctors can be increased by choosing a financially rewarding geographical area where to practice.
Average and Highest Pay
Inning accordance with Medscape, skin doctors reported an average yearly pay of $283,000 in 2011. Nevertheless, female skin specialists made typically simply 80.5 percent of what male skin specialists made, $252,000 each year compared to $313,000 each year. Still, some skin doctors made significantly more than the nationwide average: 14 percent of practicing skin specialists reported an average salary of $500,000 or more per year in 2011.
Highest-Paying Practice Types
In its 2011 income survey of dermatology settlement, Medscape discovered that the kind of practice can have a significant effect on a skin doctor’s anticipated income. Those looking for the highest settlement possible must aim to practice in a doctor’s office, whether an independent or group practice. According to Medscape, dermatologists in multispecialty group practices made the most, balancing $382,000 annually, those in single-specialty group practices balanced $329,000, and those in solo practices averaged $305,000 annually. By contrast, skin doctors in hospitals averaged just $157,000 annually.
Highest-Paying Geographical Areas
Hopeful skin specialists residing in the states of Texas, Oklahoma or Arkansas may wish to think about a relocation if they are concerned with making the highest possible income; these states reported the lowest typical wage for dermatologists in 2011, $192,000. On the luxury of the regional pay scale, skin doctors practicing in the Great Lakes area of the United States reported a high typical wage of $312,000 annually. However, the greatest wage was to be discovered in the Pacific states of Hawaii and California, where skin specialists commanded a typical wage of $355,000 a year.
By all indicators, the job outlook for aspiring skin doctors is exceptional. The need for many types of physicians is increasing, according to the U.S. Bureau of Labor Statistics;, which anticipates a 24 percent boost in the occupation through 2020. The industry site Dermatology Times reports that there remains a chronic scarcity of dermatologists, with patients in many areas of the nation waiting in between six and eight weeks to be seen.
2018 Salary Information for Physicians and Surgeons
Physicians and surgeons made a typical annual income of $206,350 in 2018, according to the U.S. Bureau of Labor Statistics. On the low end, physicians and surgeons earned a 25th percentile income of $132,950, indicating 75 percent earned more than this amount. The 75th percentile salary is $262,660, meaning 25 percent make more. In 2016, 714,400 people were utilized in the U.S. as physicians and surgeons.