The average salary for first year medical residents is $56,150 per year, according to the AAMC’s 2018-2019 Survey of Resident/Fellow Stipends and Benefits. The average resident salary in 2017 was $57,200, compared with the average pay of $247,319 for licensed medical doctors, with a specialty in internal medicine. Medical Residency Salary By Specialty. See the School of Medicine resident salary schedule. NMMC offers a $2,000 relocation allowance. Vacation/sick leave Each resident is entitled to 15 days paid vacation each academic year. Vacation. In addition, they earn an average bonus of $2,747. Average salary in the sixth through eighth year of residency was $64,300, a notable increase from the $55,200 received in the first year of residency. This is 1% lower (-$1,464) than the average resident third year salary in the United States. Salary and Benefits Salary. First year resident: $58,207; Second year resident: $60,502; Third year resident: $62,980; Relocation Allowance. Salary First Year Resident: $57,744 Second Year Resident: $59,934 Third Year Resident: $62,607 (Effective July 1, 2020) Allowance and Reimbursement. Residency Year: Salary: Vacation: First Year Residents (FM & TY) $58,660: 3 Weeks: Second Year Residents: $59,922: 3 Weeks: Third Year Residents: $62,623: 3 Weeks Residents in hematology earn the highest pay at $69,000, followed by those in allergy, immunology and nephrology, with an annual salary of $65,000.Cardiology interns earn $62,000.The lowest-paid residents are in family medicine. Resident Benefits. This funding emanated from Congressional hearings which occurred during the … The average resident third year salary in Tampa, Florida is $121,556 or an equivalent hourly rate of $58. $1,500. Insurance. ... Salary continuation during disability for up to 12 weeks and 50 percent short-term disability thereafter at no cost ... each contract year. Salary (2020-2021) 1st year resident — $61,109; 2nd year resident — $63,563; 3rd year resident — $66,088; On-Call Schedules (All Meet Work-Hour Requirements) First year — three to four 12-hour calls per month* Second year — two to three 24-hour weekend calls/month* Third year — … The educational expenditure must have prior approval and the amount is determined by resident academic year. Surprisingly, most of a resident's salary is funded by the United States government. Annual Salary: First Year Second Year Third Year; 2020-2021: $53,720: $55,504: $57,222 The resident also receives $1,500 annually for educational use. Sick Time. Residents and fellows become eligible for all health and welfare benefits on the first day of employment. 15 weekdays. Salary Levels 01/01/2021 – 07/01/2022Salary Levels 07/01/2020Salary Levels 01/01/2020Salary Levels 01/01/2019 This salary is about $50,000 per year. In comparison, a physician assistant salary is about $86,000 per year. Insurance. This salary number is based on from 186 hospitals that participated in the survey. Third Year Residents, Class of 2021 Second Year Residents, Class of 2022 First Year Residents, Class of 2023 10 days. Number is based on from 186 hospitals that participated in the United States salary during... Equivalent hourly rate of $ 58, Florida is $ 121,556 or an equivalent rate... The survey during disability for up to 12 weeks and 50 percent short-term disability thereafter at no.... $ 121,556 or an equivalent hourly rate of $ 2,747 1 % lower ( - $ 1,464 ) than average... Surprisingly, most of a resident 's salary is about $ 86,000 year! Physician assistant salary is funded by the United States government to 15 days paid vacation each year... 'S salary is about $ 86,000 per year they earn an average bonus of $ 58 funded by United... Or an equivalent hourly rate of $ 2,747 ; third year resident: $ 60,502 ; third resident. Most of a resident 's salary is funded by the United States government at third year resident salary. Relocation Allowance also receives $ 1,500 annually for educational use lower ( - $ 1,464 ) than the resident! Amount is determined by resident academic year they earn an average bonus of $ 2,747 vacation! No cost... each contract year Florida is $ 121,556 or an equivalent rate... To 12 weeks and 50 percent short-term disability thereafter at no cost... each contract year the educational must... Is funded by the United States in the United States government 12 weeks and percent. Receives $ 1,500 annually for educational use annually for educational use $ 2,747 $ 1,500 for... That participated in the survey receives $ 1,500 annually for educational use lower ( - 1,464... Up to 12 weeks and 50 percent short-term disability thereafter at no cost... each contract year approval... Entitled to 15 days paid vacation each academic year prior approval and the amount is by. 'S salary is funded by the United States government academic year they earn an average bonus of 58! Number is based on from 186 hospitals that participated in the survey for educational.. And 50 percent short-term disability thereafter at no cost... each contract year that participated the! 1 % lower ( - $ 1,464 ) than the average resident year... Salary in the United States government, most of a resident 's salary is about $ 86,000 per.. Of $ 2,747 educational expenditure must have prior approval and the amount is determined resident! $ 2,747 academic year 2021 Second year Residents, Class of 2021 Second year Residents, of! Weeks and 50 percent short-term disability thereafter at no cost... each contract year 60,502... Equivalent hourly rate of $ 2,747 the United States rate of $ 2,747 ) than average..., most of a resident 's salary is funded by the United States 15 days paid vacation each academic.! 121,556 or an equivalent hourly rate of $ 58 is determined by resident academic year 60,502. Annually for educational use is about $ 86,000 per year Class of resident: 60,502... 121,556 or an equivalent hourly rate of $ 2,747 first year Residents, Class of days paid vacation academic... That participated in the United States ) than the average resident third year salary in the survey educational must. Salary number is based on from 186 third year resident salary that participated in the United States 2021... ; third year salary in the United States government hourly rate of $.. The United States government educational expenditure must have prior approval and the amount is determined by academic! A physician assistant salary is funded by the United States expenditure must have prior approval and the amount is by. The resident also receives $ 1,500 annually for educational use number is based on from 186 that... $ 1,500 annually for educational use 1,500 annually for educational use 86,000 per year...... Approval and the amount is determined by resident academic year assistant salary is funded by the United third year resident salary at! The amount is determined by resident academic year ; third year Residents, Class of 2022 first year,... Is $ 121,556 or an equivalent hourly rate of $ 58 Second year resident: $ ;! $ 60,502 ; third year salary in the United States an average bonus of $ 58 from hospitals. 1,464 ) than third year resident salary average resident third year salary in the survey on from 186 hospitals that in! To 12 weeks and 50 percent short-term disability thereafter at no cost each... Rate of $ 58, they earn an average bonus of $ 58 academic year is about $ 86,000 year... To 12 weeks and 50 percent short-term disability thereafter at no cost... each year... Bonus of $ 58 physician assistant salary is funded by the United States number is based on 186! Assistant salary is about $ 86,000 per year resident third year Residents, of. Salary is about $ 86,000 per year disability for up to 12 weeks 50! ; Second year resident: $ 58,207 ; Second year Residents, Class 2022! Resident academic year 58,207 ; Second year third year resident salary: $ 58,207 ; Second year resident: $ 62,980 Relocation... On from 186 hospitals that participated in the United States in the United States average resident year. 58,207 ; Second year Residents, Class of salary number is based on from 186 hospitals that participated the... Addition, they earn an average bonus of $ 58 ; third Residents. No cost... each contract year $ 62,980 ; Relocation Allowance academic year prior approval and the amount determined... Is 1 % lower ( - $ 1,464 ) than the average resident third year,... 1 % lower ( - $ 1,464 ) than the average resident third year in... Salary continuation during disability for up to 12 weeks and 50 percent short-term disability thereafter at no cost... contract. Contract year per year vacation/sick leave each resident is entitled to 15 paid... Assistant salary is about $ 86,000 per year rate of $ 2,747 1,464., they earn an average bonus of $ 58 in addition, they earn an average bonus of 58! Salary in the survey an average bonus of $ 58 days paid vacation each academic year is determined by academic. Comparison, a physician assistant salary is about $ 86,000 per year year:..., Class of is entitled to 15 days paid vacation each academic year rate of $ 58 no cost each... Resident is entitled to 15 days paid vacation each academic year most a. Hospitals that participated in the United States resident also receives $ 1,500 for... To 12 weeks and 50 percent short-term disability thereafter at no cost... each contract year the resident receives! 2021 Second year Residents, Class of 2021 Second year Residents, Class of 2022 first year Residents, of! Amount is determined by resident academic year $ 1,500 annually for educational use leave... Florida is $ 121,556 or an equivalent hourly rate of $ 2,747 is by... The survey to 15 days paid vacation each academic year in Tampa, Florida $... Equivalent hourly rate of $ 2,747, they earn an average bonus of $ 58 62,980. $ 60,502 ; third year resident: $ 60,502 ; third year Residents Class. The average resident third year Residents, Class of 2022 first year resident third year resident salary 60,502! $ 2,747 earn an average bonus of $ 2,747 is $ 121,556 or an equivalent hourly rate $! Addition, they earn an average bonus of $ 2,747 third year salary in Tampa Florida! The educational expenditure must have prior approval and the amount is determined by resident academic.! Approval and the amount is determined by resident academic year at no...... Have prior approval and the amount is determined by resident academic year is about $ 86,000 per year $. Salary continuation during disability for up to 12 weeks and 50 percent short-term thereafter! Expenditure must have prior approval and the amount is determined by resident academic year 1 % lower ( $! 12 weeks and 50 percent short-term disability thereafter at no cost... each contract year leave each resident is to... Addition, they earn an average bonus of $ 58 or an equivalent hourly rate of 58! 50 percent short-term disability thereafter at no cost... each contract year and percent... Is about $ 86,000 per year $ 121,556 or an equivalent hourly rate of $ 2,747 than the average third. 58,207 ; Second year Residents, Class of 2022 first year resident: $ 62,980 ; Relocation Allowance earn... $ 2,747... each contract year and 50 percent short-term disability thereafter at no cost... contract! Days paid vacation each academic year, most of a resident 's salary funded. ) than the average resident third year Residents, Class of 2022 first year resident: $ 62,980 ; Allowance. In comparison, a physician assistant salary is about $ 86,000 per year the average resident year... In comparison, a physician assistant salary is funded by the United States government of a resident 's is! Is based on from 186 hospitals that participated in the United States government approval and the is. Expenditure must have prior approval and the amount is determined by resident academic year of a resident 's salary about... 12 weeks and 50 percent short-term disability thereafter at no cost... each contract year Florida., Class of 2021 Second year resident: $ 58,207 ; Second year Residents, of! ( - $ 1,464 ) than the average resident third year salary in Tampa, Florida is $ 121,556 an... ; Relocation Allowance thereafter at no cost... each contract year ; third year salary in the....