Medical Residency Salary by Specialty (2021-2022)
The average salary for first year medical residents is $58,921 per year, according to the AAMC’s 2020 Survey of Resident/Fellow Stipends and Benefits. This salary number is based on from 190 institutions that participated in the survey. However, reports listing average residency salary are likely to vary depending on the source of the data and how many respondents there are. For example, a 2020 Medscape survey of 1,600 medical residents reported the average salary as $63,400.