Growth Trends for Related Jobs
Pediatricians are medical doctors who specialize in the care of children under the age of 18. Just under 10 percent of doctors and physicians are pediatricians, according to the U.S. Bureau of Labor Statistics. Many pediatricians will be a child’s doctor from infancy to adulthood. Their work involves years of training and study to diagnose and treat illnesses in children. Though many pediatricians deal with day-to-day illnesses, some specialize in pediatric surgery or specific medical conditions.
According to the U.S. Bureau of Labor Statistics, there were 29,400 pediatricians in the country in 2009. The average annual salary was $161,410 or $13,451 a month. It is one of the higher-paying occupations in the country. If the pediatrician is self-employed, he will generally have a higher income, according to the Bureau of Labor Statistics. Other factors affecting how much a pediatrician can make are skill, location, experience, personality and reputation.
Income by Industry
Physicians’ offices employ the greatest number of pediatricians (21,670) who make on average $163,630 a year (in 2009), which is $13,636 a month. General medical and surgical hospitals employ the second-greatest number (4,560) who make $159,570 annually on average or $13,298 a month. Outpatient care center pediatricians make $171,300 a year on average or $14,275. Pediatricians at colleges, universities and professional schools make $111,500 a year on average or $9,292 a month, and pediatricians at specialty hospitals make $159,470 a year on average or $13,289 a month.
New England and the Mid-Atlantic states have the greatest ratio of physicians to population while the South Central region and Mountain states have the lowest ratio. The states with the highest concentration of pediatricians are Massachusetts, Vermont, Minnesota, Rhode Island and California. Of these five states, Minnesota’s 920 pediatricians make the most annually at $199,440 on average or $16,620 a month. However, the highest paying state in the country for pediatricians is Iowa. Its 110 pediatricians earn an average of $206,390 annually or $17,199 a month.
Top-Paying Metropolitan Areas
You will find more physicians in urban areas near hospital and educational institutions, according to the Bureau of Labor Statistics. The American Medical Association found that in 2007, 75 percent of the physicians in patient care were located in a metropolitan area. The highest paying metropolitan areas in the U.S. are Deltona-Daytona Beach, Ormond Beach, Florida; Wichita, Kansas; Cedar Rapids, Iowa; Winston-Salem, North Carolina and Bridgeport-Stamford-Norwalk, Connecticut. The highest-paying metropolitan area with reportable data was Wichita whose pediatricians earn an average of $240,870 a year or $20,073 a month.