Doximity analyzed 33,000 physician compensation surveys completed between January and December 2023, which contained data from about 150,000 compensation surveys of physicians practicing at least 40 hours a week that were conducted over the last five years.
Here are the eight metropolitan areas with average physician pay growth of more than 10% in the last year:
- Raleigh, N.C.: +15.6%
- San Jose, Calif.: +13.5%
- Los Angeles: +11.5%
- San Francisco: +10.6%
- Baltimore: +10.6%
- Portland: +10.3%
- Virginia Beach, Va.: +10.2%
- Providence, R.I.: +10.1%