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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