As a physician, when it comes to deciding where to live, several factors come into play. But for many doctors, two of the most significant elements may be salary and cost of living. This is especially important for physicians because location can have a great impact on salary. When Doximity released its first compensation report earlier this year, we found that salaries varied widely across the country. For example, an internal medicine physician in San Francisco makes $235,988, while that same physician in Sioux Falls makes $262,248. Combine that with cost of living, and you could potentially have a very different financial quality of life from one state to the next.
To dig into this a bit deeper, we also looked into where it takes the longest and least amount of time to buy a house. Hopefully this data, along with our salary data can help physicians make more more informed decisions when it comes to their career. Here’s a sneak peek of what those housing stats look like for internal medicine physicians:
Where it will take longest amount of time to buy a house:
- Nantucket County, MA - 14 years
- New York County, NY - 14 years
- San Francisco County, CA - 12 years
- Marin County, CA - 12 years
- San Mateo County, CA - 12 years
Where it will take the least amount of time to buy a house:
- Leslie County, KY - less than 1 year
- Knox County, TX - less than 1 year
- Todd County, SD - less than 1 year
- McDowell County, WV - less than half a year
- Cochran County, TX - less than half a year
To explore the full compensation map, and search by your specialty and region, visit Doximity Career Navigator.