The average annual compensation for physiatrists in clinical practice is $306,000.* This is often greater than many primary care specialties but less than many surgical specialties. A physiatrist may earn more in medical directorships or interventional practices. Private practice settings typically offer more compensation while academic and other institutional positions may offer more stability, opportunities for research/grant funding, and potentially better lifestyles. In most cases, the harder you are willing to work, the more earning potential you have. There are also regional differences, with more saturated markets offering lower compensation and under-represented areas offering higher compensation. One must consider the cost of living in any particular part of the country when comparing salary offers.
Source: MedScape Physician Compensation Report, 2023