Physician vs. Teacher Salary: A Comprehensive Comparison (2020 Data)

The average annual wage for physicians and surgeons was $208,000 in May 2020, while the average annual wage for kindergarten and elementary school teachers was $62,890. This means that, on average, physicians and surgeons earned more than three times as much as kindergarten and elementary school teachers.

These figures represent national averages, however, and there can be significant variation in salaries depending on factors such as geographic location, level of education, and years of experience. For example, physicians and surgeons in certain specialties, such as surgery or cardiology, may earn significantly more than those in other specialties, such as general practice or pediatrics. Similarly, teachers in certain school districts or private schools may earn more than those in other districts or schools.

Additionally, it is important to note that these figures represent only base salaries and do not include additional compensation such as bonuses, overtime pay, or benefits. When these factors are taken into account, the gap between the earnings of physicians and surgeons and teachers may be even wider.

Overall, while this data shows that doctors generally get paid more than teachers, it's important to consider that doctors usually complete 11+ years of education including college and internship programs. Factors such as location, specialization, and experience level affect teachers and doctors’ income levels.