Family Physician Salaries

According to American Academy of Family Physicians, “Family medicine is the medical specialty which provides continuing, comprehensive health care for the individual and family. It is a specialty in breadth that integrates the biological, clinical and behavioral sciences. The scope of family medicine encompasses all ages, both sexes, each organ system and every disease entity. (1986) (2010 COD)”.

Family Physician, like any other physicians, complete undergraduate education with four years of medical school leading to the award of MD/DO degree.Thereafter they specialize in Family Medicine by successfully completing a three-year family medicine residency program.  Following completion of a residency program, family medicine residents can sit for the American Board of Family Medicine (ABFM) exam.

A few family medicine residency programs have extended their residency training from 3 to 4 years. A recent study found that a 4 year curriculum may enhance career satisfaction.

Fellowship programs available to Family Physicians are:

  • Adolescent Medicine
  • Emergency Medicine
  • Faculty Development
  • Geriatrics
  • Hospice and Palliative Care
  • Global Health
  • Obstetrics
  • Preventive Medicine
  • Research  
  • Rural 
  • Sports
  • Substance Abuse
  • Women’s Health 

Stipends for family medicine residents, like any other post MD/DO training are determined by the Office of Graduate Medical Education and are as follows for the 2011-2012 academic year:

PGY-1, $48,754
PGY-2, $50,519
PGY-3, $53,122

After training the salary is good. The mean annual salary of board certified family physician is $177,330 and the mean hourly pay is $85.26

Mean and Median 2009 Individual Income (Before Taxes, in Thousands of Dollars) of Family Physicians (as of April 2011)

Mean Median
All Respondents $173.7 $160.0
Practice Location
Metropolitan Area $172.2 $156.0
Non-Metropolitan Area $189.7 $178.0
Number of Years Since Residency Completion
7 or Fewer Years $155.6 $145.0
8 to 14 Years $172.0 $170.0
15 to 21 Years $178.6 $170.0
22 or More Years $188.4 $170.0

Source: American Academy of Family Physicians, Practice Profile I Survey, April 2011

Family Physicians salary in Different Practice Settings, 2011

Offices of Physicians                                                                          $181,330
Outpatient Care Centers                                                                    $177,030
General Medical and Surgical Hospitals                                              $173,990
Other Ambulatory Health Care Services                                             $199,860

Family Medicine Salary by States, 2011

US Income Tax 2013

The higher the salary the greater the tax. Here is a sample tax rate for married couples filing jointly.

TABLE 1 – Section 1(a) – Married Individuals Filing Joint Returns and Surviving  Spouses

If Taxable Income Is:                                  The Tax Is:

Not over $17,850                                         10% of the taxable income

Over $17,850 but                                          $1,785 plus 15% of

not over $72,500                                            the excess over $17,850

Over $72,500 but                                          $9,982.50 plus 25% of

not over $146,400                                           the excess over $72,500

Over $146,400 but                                        $28,457.50 plus 28% of

not over $223,050                                            the excess over $146,400

Over $223,050 but                                        $49,919.50 plus 33% of

not over $398,350                                           the excess over $223,050

Over $398,350 but                                        $107,768.50 plus 35% of

not over $450,000                                            the excess over $398,350

Over $450,000                                              $125,846 plus 39.6% of

                                                                        the excess over $450,000

References:

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