General Surgeon Salary Guide: 2024 Compensation Trends & Influencing Factors
Current Compensation Data
Source: Medical Group Management Association (MGMA) 2021 data (most recent comprehensive dataset; 2024 reports pending)
- Median Total Cash Compensation: $317,000
- 25th-75th Percentile Range: $265,000 - $415,000
- 90th Percentile: >$550,000
Key Compensation Drivers
1. Geographic Location
- Highest: Northeast, West Coast, major metros (NYC, LA, Boston, SF)
- Lowest: Rural Midwest, South (though lower cost of living)
- Variance: 30-50% between highest/lowest regions
2. Experience Level
- Early career (0-5 yrs): $250K-$320K
- Mid-career (6-15 yrs): $320K-$420K
- Late career (16+ yrs): $350K-$500K+
3. Practice Setting
| Setting | Typical Range | Notes |
|---|---|---|
| Hospital-employed | $300K-$450K | RVU-based + quality bonuses; benefits |
| Academic Medical Center | $250K-$380K | Lower base; research/teaching time; loan forgiveness |
| Private Practice (Single/Multi-specialty) | $300K-$500K+ | Ownership equity; higher risk; buy-in required |
| Locum Tenens | $1,200-$1,800/day | No benefits; travel/housing covered |
