Physician Salary in New York, NY
Physician salary data for New York, NY — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.
Physician Salary in New York, NY — 2026
The median Physician salary in New York, NY is $398,310 per year ($33,193/month, $192/hr). This reflects the local cost of living index of 187, which is 87% above the national average.
Physician Take-Home Pay in New York
Tax Breakdown (Median Salary)
| Gross Annual | $398,310 |
| Federal Tax | -$103,706 |
| State Tax (6.3%) | -$25,213 |
| Local Tax (3.9%) | -$15,438 |
| FICA (SS + Medicare) | -$16,694 |
| Annual Take-Home | $237,259 |
| Monthly Take-Home | $19,772 |
Living Cost Comparison
Physician Requirements
Key Skills
New York Job Market Overview
New York, New York has a population of 8,336,817 and an unemployment rate of 4.2%. The top industries are Finance, Technology, Healthcare. The local job growth rate is 2.1%, and the average commute time is 41 minutes.
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Frequently Asked Questions
What is the average Physician salary in New York, NY?
How much does a Physician take home in New York after taxes?
Is New York a good city for Physicians?
What skills are needed for a Physician in New York?
How does Physician salary in New York compare to the national average?
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Frequently Asked Questions
What is the average Physician salary in New York, NY?
The median Physician salary in New York, NY is $398,310 per year as of 2026. This is adjusted for the local cost of living index of 187. Entry-level Physicians earn around $325,380, while senior-level professionals can earn $564,740 or more.
How much does a Physician take home in New York after taxes?
A Physician earning the median salary of $398,310 in New York, NY takes home approximately $237,259 per year ($19,772/month) after federal, state, and local taxes. The effective tax rate is 40.4%.
Is New York a good city for Physicians?
New York, NY has a cost of living index of 187 (above national average). Physicians here earn above the city median. The local unemployment rate is 4.2% and top industries include Finance, Technology, Healthcare.
What skills are needed for a Physician in New York?
Key skills for Physicians include Diagnosis, Treatment Planning, Patient Communication, Clinical Research, EHR. Typical education requirement is Doctor of Medicine (MD). Valuable certifications include USMLE, Board Certification, State Licensure.
How does Physician salary in New York compare to the national average?
The national median Physician salary is $213,000. In New York, the adjusted salary is $398,310, which is 87.0% higher than the national average, reflecting the local cost of living.