Who Earns More Doctor vs Lawyer vs Accountant?

Who Earns More Doctor vs Lawyer vs Accountant? (Solved and Explained)

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Thinking about your career or just wanting to know who earns more?

Doctors, Lawyers and Accountants are professions that have been around for centuries.

So who earns more Medical Doctor vs Lawyer vs Accountant?

Doctors earn more than Accounts and Lawyers. Doctors median wage of $208,000 is higher than Lawyers median wage of  $126,930 and Accountant median of $73,569 per annum. 

Accountant $73,569
Doctor $208,000
Lawyer $126,930

Source:
https://www.bls.gov/ooh/healthcare/mobile/physicians-and-surgeons.htm
https://www.bls.gov/ooh/business-and-financial/mobile/accountants-and-auditors.htm
https://www.bls.gov/ooh/legal/mobile/lawyers.htm

According to Labor Bureau and Statistics wages for physicians and surgeons are among the highest of all occupations, with a median wage equal to or greater than $208,000 per year.

Median wages showing the differences in pay between types of physicians and surgeons are not available, but mean (average) annual wages for physicians and surgeons in May 2020 were as follows:

Anesthesiologists $271,440
Surgeons 251,650
Obstetricians and gynecologists 239,120
Physicians and surgeons, all other 218,850
Psychiatrists 217,100
Family and general practitioners 214,370
Internists, general 210,960
Pediatricians, general 184,570

Source: https://www.bls.gov/ooh/healthcare/mobile/physicians-and-surgeons.htm thanks

Wages will vary depending on location, size of the organisation and industry.

Does Medical Doctor earn more than a Lawyer?

Yes, Doctors do earn more than Lawyers. The median wage of a Doctor is $208,000 compared to a Lawyer $126,930 per annum.

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Does Medical Doctor earn more than an Accountant?

Yes, Doctors do earn more than Accountant. The median wage of a Doctor is $208,000 compared to an Accountant $73,560 per annum 

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Does a Lawyer earn more than an Accountant?

Yes, Lawyers do earn more than Accountants. The median wage of a Lawyer is $126,930 compared to Accountant $73,560 per annum.

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Final Thoughts

While statistically, Doctors earn more than Lawyers and Accountants, that doesn’t mean that’s the median wage you can expect to earn through your whole career.

For instance, if you are ambitious and willing to work hard, a graduate Lawyer or Accountant can join a large firm and move up through the ranks to become a Partner earning $500k plus per annum.

There are also high paying careers such as CEO or going out alone to startup own business to reap profits.

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