The average salary of podiatrist in US is $120,700.
A podiatrist holds a DPM, doctor of podiatric medicine. These specialized physicians treat conditions that affect the ankle, foot and leg. Most people simply refer to podiatrists as “foot doctors,” and that is a highly accurate description. Because of their specialty, podiatrists earn a lucrative yearly salary.
Median podiatrist salary
- $120,700 per year
- $58.73 per hour
The median salary for podiatrists is the mid-point of all data. This is not to be confused with the average salary. Rather, the median salary represents the middle-of-the-road salary that podiatrists can expect to earn.
Salary range for middle 50% of podiatrists
- $80,730 – $120,700
- $38.81 – $85.15 per hour
Much like other medical professions, salaries vary greatly in this field. The middle 50% salary range will give potential podiatrists a better idea of how much they make annually. To reach this range, salaries of the bottom and top earners are removed.
Lowest and highest salary
- Lowest – $50,430 ($24.25/hour)
- Highest – $300,053 ($144/hour)
A podiatrist’s salary will depend on his or her location and experience in the field. Those who fall into the lowest 10% will earn $50,430 annually, or $24.25 per hour. These individuals are either just starting their career, or work in an area where demand and cost of living is lower. Those who fall into the top 10% will earn $300,053, or $144 per hour. These individuals are either at the pinnacle of their career and have many years of experience, or work in an area where demand or cost of living is higher than average.
The total salary package
A podiatrist will also be compensated in other ways, aside from his or her base salary. In addition to their annual earnings, podiatrists will also receive valuable benefits, including pension, vacation, healthcare, 401K, social security and disability. Bonuses may also be awarded.
The total package salary for the average podiatrist is $250,334, but exact earnings will vary with employer and location.
Cities with the highest paying podiatrists
- Podiatrists in St. Louis, MO earn $231,770.
- Podiatrists in Bethesda, MD earn $225,400.
- Podiatrists in Virginia Beach, VA are paid $193,770.
- Podiatrists in Richmond, VA earn $189,890.
States with the highest paying podiatrists
- Missouri at $201,770
- Wisconsin at $178,780
- North Carolina at $169,370
Factors affecting podiatrist salaries
There are several factors that affect a podiatrist’s salary. Demand for this profession is high in most parts of the country, but some areas pay more than others. Aside from location, industry will also play a role in how much a podiatrist earns.
Interestingly, the areas that offer the highest salaries aren’t necessarily bustling cities. St. Louis, MO is the top paying city, according to the Bureau of Labor Statistics, but other top paying cities are much smaller, such as Virginia Beach, VA; Richmond, VA; and Bethesda, MD.
In this case, it’s not so much the cost of living, but demand that dictates a podiatrist’s salary.
Industry will also affect a podiatrist’s salary. The top five highest paying industries for this occupation include:
- Physician offices
- Outpatient care centers
- Other health practitioner offices
- Local government
- General hospitals
Most podiatrists work in the “other health practitioner offices” industry, and earn an average of yearly salary of $137,380.
Training and certification requirements for podiatrists
In order to work as a podiatrist, you must earn a Doctor of Podiatric Medicine (DPM) degree. That degree must be earned from a school of podiatric medicine that’s accredited.
Before you can enroll in a DPM degree, you must first complete at least three years of undergraduate education in a related discipline. Courses may include biology, physics, chemistry and biology. Nearly all podiatrists first earn a bachelor’s degree before entering a school of podiatric medicine.
To enter a DPM program, you will likely have to pass the MCAT (Medical College Admission Test). As of 2012, there were only 9 schools that offered a podiatric medicine program and were accredited by the Council on Podiatric Medical Education.
DPM Courses are very similar to those offered in other medical degree programs. You may study, physiology, anatomy, pathology, pharmacology and other related subjects.
During the last two years of the program, students will gain clinical, supervised experience through clinical rotations.
After earning your DPM, you must apply for and complete a PMSR (podiatric medical and surgical residency). These take three years to complete. Some budding podiatrists will go on to fellowships to advance their training.
International Podiatrist Salaries
Podiatrists earn £21,478 – £29,901 per annum in the United Kingdom.
Podiatrists earn CAD$125,546 – CAD$316,526 per annum in Canada.
Podiatrists earn AU$77,137 – AU$213,454 per annum in Australia.