The average salary of dermatologist in US is $370,848.
There are a variety of physicians in the medical field, but dermatologists deal primarily with the skin. These professionals are some of the highest paid doctors in the world and are often found working at their own practice.
Median dermatologist salary
The median salary of all dermatologists is based off of a mid-point of data. The median salary for a dermatologist practicing in the United States is $312,870 a year, or $150 per hour.
Salary range for middle 50% of dermatologists
Salary data varies greatly, as seen with the lowest and highest salary in the field. The middle 50% salary eliminates the lowest and highest 25% of salaries to demonstrate what the middle salary will be. In this case, the middle 50% salary would be $267,000 – $365,000 ($129 – $176 an hour).
Lowest and highest salary
Dermatologists in the bottom 10th percentile are often new to the field, while the top 10th percentile have been in the field for decades. The salary is drastically different and location can play a role in the salary of these professionals. The hourly rate of the lowest 10th percentile is $109 an hour ($226,300), while the top 10th percentile makes $198 an hour ($412,700).
The total salary package
Compensation that is not included in a base salary, such as health insurance, vacation, sick days, and bonuses must be calculated. The average worker in this field will have a total salary package of $415,495, with the median salary of $312,000 accounting for only 75% of the total salary package.
The total salary package does not reflect the true salary package of dermatologists that own their own facility. In this case, the package is often lower, while the salary is often higher.
Salary packages vary greatly from one employer to the next and are affected by the size of the employer.
Cities with the highest paying Dermatologists
States with the highest paying dermatologists
Factors affecting dermatologist salaries
Like every field, dermatologists have a lot of factors that will dictate their current salary. The main factor is industry, followed by the city where they practice. Successful, independent dermatologists are among the highest paid in the industry, followed by:
Those that enter the education field are among the lowest earners. The field has a lot of new professionals entering, with 36% of all dermatologists being in the field for under one year. This allows the figure to be skewed negatively.
Only 21% of all dermatologists have been in the field for 15 or more years.
Metropolitan areas pay the highest salaries in the industry, with the top paying state being New York (primarily New York, NY).
Training and certification requirements for dermatologists
The first step to entering the field is to obtain a bachelor’s degree. Following graduation, a person will need to enroll in a medical program. During the medical program, a future dermatologist will become a Doctor of Medicine. This is a 4-year degree.
During the course of a dermatologist’s schooling, they will need to enter a specialized program to become a dermatologist.
Following the coursework required to become a medical doctor, a student will need to enter into a residency program. These programs, often called specialized training, can last 3 – 4 years.
After residency, certification and licensing are required. A student will be required to pass the U.S. Medical Licensing Exam. The exam is just the first of many with the following certification being of equal importance: American Board of Medical Specialists.
Once all of the requirements have been fulfilled, it is time to enter the field and get your first job as a dermatologist. Many residency programs will choose to keep an up-and-coming dermatologist within the company, leading to immediate employment following certification.
International Dermatologist Salaries
Dermatologists earn £165,000 per annum in the United Kingdom.
Dermatologists earn $98,000 per annum in Canada.
Dermatologists earn AU$50,000 – AU$200,000 per annum in Australia.