Offices of physicians

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Workforce

2.62M

2018 BLS Estimate

Average Employee Age

43.5

N/A

Estimated Job Growth

1.3%

10-Year Projection

Average Salary

$92,908

N/A

Average Male Salary

$200,310

N/A

Average Female Salary

$60,798

N/A

About

The top three occupations in the Offices of physicians Industry Group are Physicians, Medical assistants, Registered nurses, Receptionists & information clerks, and Licensed practical & licensed vocational nurses. On average, full-time employees in the Offices of physicians Industry Group work 43.5 hours per week and have an average annual salary of $102,270. Part-time employees in the same industry work 23.3 hours and earn an average annual salary of $47,140.

The locations with the highest concentration of employees in the Offices of physicians Industry Group are Rochester City PUMA, MN, Manatee County (South) PUMA, FL, and Jacksonville City (Southeast River) PUMA, FL. The industry that purchases the most products or services from the Hospitals Industry Group is Offices of physicians.

Photo by Lindsey Turner

Educational Services, Health Care & Social Assistance Health Care & Social Assistance

Workforce

A snapshot of jobs, wages, and opportunities in the Offices of physicians Industry Group. Physicians are the most common position, but the Offices of physicians Industry Group employs a relatively high number of Surgeons, compared to other industries.

The highest average salary in Offices of physicians goes to Surgeons.

Monthly Employment

Start Year

Y-Axis

-1.37%

Year-over-year decline

Employment change between November 2019 and November 2020

As of November 2020, there are 1.74M people employed in the Offices of Physicians industry. This represents a -1.37% decrease in employment when compared to November 2019.

This chart shows monthly employment numbers for Offices of Physicians over time (non-seasonally adjusted).

Occupations

Occupations by Share

2.62M

Workforce (BLS Estimate)

ACS Estimate: 1.91M

6.06%

1 Year Growth

± 2.39%

The Bureau of Labor Statistics estimates that there were 2.62M people employed in the Offices of physicians Industry Group in 2018.

According to ACS estimates, the number of people employed in the Offices of physicians Industry Group has been growing at a rate of 6.06%, , from 1.8M people in 2018 to 1.91M people in 2019.

The following graphic shows the share of employment in Offices of physicians by various occupations according to ACS estimates. Physicians represent the largest share of positions held in Offices of physicians at 15.6%, followed by Medical assistants with 12.5% and Registered nurses with 8.95%.

Most Common

The most common occupations in the Offices of physicians Industry Group, by number of employees, are Physicians, Medical assistants, Registered nurses, Receptionists & information clerks, and Licensed practical & licensed vocational nurses.

Most Specialized

Compared to other Industry Groups, Offices of physicians employs an unusually high number of Surgeons, Nurse anesthetists, and Medical assistants.

Highest Paid

The highest paid occupations in Offices of physicians, by average wage, are Surgeons, Physicians, and Chief executives & legislators.

Wages

Average Salary

$92,908

AVERAGE WAGE

± $2,203

On average, employees in the Offices of physicians Industry Group make $92,908 per year. This number makes Offices of physicians the 19 highest paying Industry Group in the United States out of a total of 269 Industry Groups.

Wage by Location

HIGHEST PAYING PUBLIC USE MICRODATA AREA

HIGHEST PAYING PUMAS

This map shows which public use microdata areas (PUMAs) pay the highest average salary to employees in the Offices of physicians Industry Group.

Wage Distribution

0.55

WAGE GINI

Offices of physicians has a wage GINI of 0.55, which is more than than the national average of 0.478. In other words, wages are distributed less evenly in Offices of physicians (shown in red) in comparison to the national average for those wage buckets (shown in gray).

Opportunities

Spatial Concentration

Public Use Microdata Areas with RCA

This map shows the PUMAs in the United States that have revealed comparative advantage in the Offices of physicians Industry Group.

These are locations that employ more people in the Offices of physicians Industry Group than expected given both the size of that location's overall labor pool and the national size of the Offices of physicians Industry Group.

Diversity

Demographic information on the Offices of physicians Industry Group in the US. Male employees tend to earn more than Female employees, with average respective salaries of $200,310 and $60,798. So too tend to earn more than other races and ethnicities in this industry.

Gender Composition

1.47M

FEMALE WORKFORCE

±29.6k

440k

MALE WORKFORCE

±16.3k

77% of workers in the Offices of physicians Industry Group are Female, making them the more common gender in the workforce. This chart shows the gender breakdown of the Offices of physicians Industry Group.

Wage by Gender in Common Jobs

$200,310

AVERAGE MALE SALARY

±$6,707

$60,798

AVERAGE FEMALE SALARY

±$1,527

On average, Male workers in the Offices of physicians Industry Group make 3.29 times more than their Female counterparts. This chart shows the gender-based wage disparity in the 5 most common occupations in the Offices of physicians Industry Group.

Wage by Race & Ethnicity in Common Jobs

RACE OR ETHNICITY WITH THE HIGHEST AVERAGE SALARY

Asian
White
Two or More Races

On average, Asian employees in the Offices of physicians Industry Group earn 1.73 times more than other races and ethnicities. This chart shows the race and ethnicity-based wage disparities in the 5 most common occupations in the Offices of physicians Industry Group.

Input/Output

Estimates of the sources of the costs and the purchasers of the products in the Offices of physicians Industry Group. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Professional and business services has the highest single input, by dollars, to the Offices of physicians Industry Group, and the largest industry purchasing services from the Offices of physicians Industry Group is Educational services, health care, and social assistance.

In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.

Industrial Flow

The closest comparable data for Offices of physicians is from Educational Services, Health Care & Social Assistance.

Intermediate Inputs

The closest comparable data for Offices of physicians is from Educational Services, Health Care & Social Assistance.

HIGHEST INPUT INDUSTRY

The Offices of physicians Industry Group gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

Use of Output by Other Industries

The closest comparable data for Offices of physicians is from Educational Services, Health Care & Social Assistance.

LARGEST PURCHASING INDUSTRY

The Educational services, health care, and social assistance Industry purchases the greatest share of products and services from the Offices of physicians Industry Group in order to produce other goods and services. Purchases of the Offices of physicians Industry Group for final consumption by consumers, businesses, or government are not included here.

Projections

Growth projections of the offices of physicians industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 6.89% in the next ten years. The offices of physicians industry has a lower projected workforce growth at 1.3%. Its projected 10-year growth in output (3.2%) is lower than the projected national growth in output (22.9%).