Sixty-six percent of male physicians reported a family net worth of at least $1 million last year, compared to just 52% of female physicians, according to Medscape's Female Physician Wealth & Debt Report.
The report, based on survey responses from 7,000 U.S. physicians practicing across more than 29 specialties, offers a glimpse into wealth disparities between male and female physicians. Responses were collected between Oct. 2, 2023, and Jan. 16, 2024.
Below is a breakdown of household net worth reported by male and female physicians. The figures illustrate a noticeable wealth gap, particularly at higher net worth levels. Male physicians were more likely to report a household net worth of $2 million or more, while female physicians were more commonly in lower net worth brackets. The largest proportion of female respondents (29%) reported a net worth of less than $500,000.
|
Household net worth |
Female physicians |
Male physicians |
|
≥ $5 million |
7% |
14% |
|
$2 million to $5 million |
23% |
31% |
|
$1 million to $1,999,999 |
22% |
21% |
|
$500,000 to $999,999 |
19% |
13% |
|
<$500,000 |
29% |
21% |
View the full report here.