Historical Doctor Salaries: Average Physician Income in 1920

In 1920, the average annual salary of a physician in the United States was approximately $1,500 to $2,000. This salary varied widely depending on factors such as location, specialty, and experience. In comparison to other professions at the time, such as teachers or factory workers, physicians typically earned a higher salary. However, it is worth noting that these salaries were still considerably lower compared to today's standards. Over the past century, the average salary for physicians has increased substantially due to factors such as advancements in medical technology, specialized training, and increased demand for healthcare services, among others.