Physician Salary in New York, NY: Median $166,552 in 2026
New York (NY) · COL index 187 · Unemployment 4.3% · Metro pop 20,140,470 · Rank #4 of 283 for Physician salary
A Physician in New York earns an estimated median of $166,552 per year. That figure starts from the New York state-level BLS Occupational Employment and Wage Statistics median[1]($96,050) and scales it by New York's composite cost-of-living index of 187 (US = 100). The 10th percentile comes in around $84,395; the 90th percentile reaches $299,777. After federal, New York state, and FICA taxes, a single-filer Physician takes home approximately $115,827/year — about $9,652/month or $4,455 every other week.
Compared to the national Physician median of $229,300, New York pays -27.4%. Relative to the New York median household income of $76,607, a Physiciansalary runs +117.4%. Local unemployment is 4.3%[3], with an estimated 8,567 annual Physician openings inferred from metro population share and national employment (730,760).
Physician Snapshot — New York (2026)
Every row cites a primary public dataset. Rent + home values use Zillow where the metro is in the ZHVI/ZORI coverage set; otherwise ACS + census tract fallbacks.
| Metric | New York | National | Source |
|---|---|---|---|
| Physician median salary | $166,552 | $229,300 | [1] |
| 10th percentile | $84,395 | $128,840 | [1] |
| 90th percentile | $299,777 | $400,000 | [1] |
| Annual take-home (single filer) | $115,827 | — | [8][10] |
| Median home value (ZHVI) | $715,584 | — | [5] |
| Median rent (ZORI) | $3,337/mo | — | [5] |
| HUD Fair Market Rent (2BR) | $3,075/mo | — | [6] |
| Median household income (ACS) | $97,334 | — | [7] |
| Cost-of-living index | 187.0 | 100.0 | [4] |
| Unemployment rate | 4.3% | — | [3] |
How Physician Salaries Work in New York
City-level wages aren't published directly by BLS for most SOC codes. We build them by anchoring to the New York state-level OEWS median ($96,050) and scaling by New York's composite cost-of-living index (187)[1][4]. That index combines Census ACS rent, Zillow ZHVI, BLS CPI, and AdvisorSmith / ApartmentAdvisor inputs to produce one number per metro. When BLS publishes a separate metro-level wage (MSA-level OEWS), that takes priority — a handful of large metros including New York, LA, Chicago, and DC have this coverage.
On top of the gross wage, the standard US payroll stack applies: federal income tax using 2025 IRS brackets and the $15,000 single standard deduction[8], FICA (Social Security 6.2% up to $176,100 wage base + Medicare 1.45%)[9], and New York state income tax at a 5.4% effective rate ($8,945/yr on the $166,552 median)[10].
New York also sits inside a larger metro labor market where commute patterns, remote-work policies, and adjacent-metro wages compete. Near-national unemployment means a balanced market — employers and candidates negotiate from roughly equal positions. Median household income in the metro is $97,334, which frames what "a good Physician salary" means locally: a $$166,552 wage pays about 171% of the median household income on a single earner.
The deterministic identity: take_home = gross − federal − state − FICA − pre_tax. All math runs client-side; nothing is sent to our servers.
Physician Salary & Cost-of-Living Context — New York
Buy vs rent in New York
Monthly PITI on the $715,584 median home in New York is ~$5,362/mo — vs a $3,337/mo median rent. Rent burden on median household income is 41.1%, which exceeds the recommended 30% guideline for housing costs.
Cost of Living Breakdown — New York
Estimated annual expense shares on a $115,827 take-home, using BLS Consumer Expenditure Survey baseline shares scaled to New York's COL index of 187. Housing uses the actual median rent.
BLS Consumer Expenditure Survey shares[1], scaled by New York's COL index of 187[4]. Housing uses actual median rent of $3,600/month.
Salary vs Housing Affordability in New York
Renting
Buying
At $9,652/mo take-home, the 30% rent rule caps housing at $2,896/mo. New York's typical 1–2BR rent runs $3,337/mo[5] (HUD 2BR FMR: $3,075/mo), making rent affordable on a median Physician salary. For homebuyers, the 4.5× price-to-income ratio is workable with a strong credit profile and manageable other debts.
How New York Stacks Up for Physicians
Against 283 major US cities: New York ranks #4 for nominal Physician salary, #281 for rent affordability, and #280 for overall purchasing power. High cost of living absorbs much of New York's nominal wage premium. Physicians here often trade pay for lifestyle, proximity to employers, or family roots — consider nearby metros on a salary-to-COL basis.
Nearby Cities — Physician Salary Comparison
New York's closest metros, scaled by each city's cost-of-living index. Useful for relocation decisions where commute or remote-work policies allow a neighboring metro trade-off.
| City | Est. salary | COL | Rent | vs NY |
|---|---|---|---|---|
| New York, NY ★ | $166,552 | 187 | $3,600 | — |
| Buffalo, NY | $201,784 | 88 | $1,125 | +21.2% |
| Rochester, NY | $197,198 | 86 | $1,250 | +18.4% |
| Albany, NY | $217,835 | 95 | $1,200 | +30.8% |
| Poughkeepsie, NY | $275,160 | 120 | $1,700 | +65.2% |
| Syracuse, NY | $197,198 | 86 | $1,050 | +18.4% |
Physician Job Market in New York
New York has an estimated 8,567 annual Physicianopenings, extrapolated from the metro's share of 730,760 national Physicians[1]. The 4.3% unemployment rate[3] is near the national average, with steady turnover across most sectors.
Top employers in New York
About the profession: Physicians diagnose and treat illnesses, injuries, and other health conditions. Compensation varies widely by specialty, ranging from primary care to surgical subspecialties. Typical entry requirement: doctoral or professional degree (md/do). Projected growth through 2034: 4%[2].
Career Progression & Related Professions in New York
Early-career Physicians in New York start around $84,395, reach the city median ($166,552) after 4–8 years, and hit 90th-percentile territory ($299,777) at senior / specialized levels.
Related healthcare professions in New York
Calculators for Physicians in New York
Other professions in New York
Frequently Asked Questions — Physician in New York
How much does a Physician make in New York, NY?
The estimated median salary for a Physician in New York is $166,552/year, scaled from the BLS OEWS New York state median ($96,050) by New York's composite cost-of-living index of 187 (US = 100). After federal, New York state, and FICA taxes, take-home is approximately $115,827/year or $9,652/month.
Can a Physician afford to live in New York?
On $9,652/month take-home, the 30% rent rule affords $2,896/month. New York's Zillow ZORI median rent is $3,337/mo, HUD's 2BR Fair Market Rent is $3,075/mo. The rent-to-income ratio works out to 25.9%, making housing affordable for a Physician at the local median. Home-buyers face 4.5× price-to-income, needing roughly 4.5 years to save a 20% down payment at a 20% savings rate.
How much tax does a Physician pay in New York?
On $166,552 gross, a Physician in New York pays approximately $29,039 in federal income tax (17.4% effective), $8,945 in New York state income tax (5.4% effective), and $12,741 in FICA (Social Security + Medicare). Total effective rate: 30.5%. Some New York cities levy local income taxes in addition; check your municipal DoR before filing.
How does New York rank for Physician salaries vs other cities?
New York ranks #4 out of 283 tracked metros for nominal Physician salary, #281 for rent affordability (rent-to-income), and #280 for purchasing power (salary ÷ COL). The high-purchasing-power cities tend to be mid-size metros with strong local employers and moderate housing costs; the low-ranked cities trade high nominal pay for steep rents.
What is the cost-of-living breakdown for a Physician in New York?
On $115,827 take-home, a reasonable baseline budget for New York looks like: housing $43,200/yr (37.3%); food $21,155/yr; transportation $15,613/yr; healthcare $10,224/yr; utilities $8,311/yr; savings + discretionary $17,324/yr. Numbers use BLS Consumer Expenditure Survey shares scaled to New York's COL index of 187 and the city's actual median rent.
What's the Physician job market like in New York?
New York's unemployment rate is 4.3% across the metro of 20,140,470. Estimated annual Physician openings: ~8,567 (extrapolated from 730,760 nationally employed and the metro's population share). The market is near national averages with steady turnover.
Do New York employers pay above or below the New York median for Physicians?
Not consistently — New York's estimated Physician median of $166,552 is 27.4% below the national median. The trade-off is usually lower rents and (in some cases) lower state taxes, which can leave real purchasing power competitive.
Methodology — How we compute this page
Wage estimate. The New York median is derived from the New York state-level BLS OEWS median ($96,050), scaled by New York's composite cost-of-living index of 187. When BLS publishes a direct MSA-level wage for the occupation, that takes priority over the scaled state median. Percentile bands inherit the same scale factor.
Housing + rent. Median home value uses Zillow ZHVI; median rent prefers Zillow ZORI and falls back to Census ACS median gross rent. HUD Fair Market Rents (50th-percentile 2BR) are shown where HUD publishes the metro. Price-to-income and rent-to-income ratios use the estimated Physicianmedian (not the city's overall median household income) — to reflect the specific role-vs-city affordability picture.
Tax math. Federal tax uses 2025 IRS brackets and the $15,000 single standard deduction. FICA is Social Security 6.2% up to the $176,100 wage base + Medicare 1.45% (+ 0.9% Additional Medicare above $200,000). State tax uses New York's 2026 brackets from the state DoR (mirrored via Tax Foundation where the DoR's publication is paywalled or split). Local income taxes (e.g. NYC, Portland-OR supplemental, OH municipal) are NOT included — check your municipal authority for specifics.
Cost of living. The 187index is the composite used by CalcFi's /data/cities.ts, which merges Census ACS, BLS CPI shelter, Zillow ZORI, and commercial COL estimators. The COL-adjusted salary on this page assumes the statewide RPP = 107.8(BEA) approximates the state's purchasing power; cities are then scaled relative to that.
Refresh cadence. BLS OEWS releases annually (typically March); BEA RPP releases annually in December; IRS brackets adjust in October; Zillow ZHVI/ZORI updates monthly; HUD FMR publishes annually in August for the upcoming fiscal year. The dateModified shown above auto-bumps to the most recent retrievedAt on any sourced value the page consumes.
Known limits. Metro-level OEWS coverage is partial — only ~50 large MSAs have separately published occupation wages; the rest inherit state-level estimates scaled by COL. Rent and home data may trail the real-time market by 1–3 months (Zillow) or 8–12 months (ACS). Rankings are capped to the city set in our dataset (283 metros), not every incorporated US city.
Sources
Every number on this page cites a primary public dataset. Last reviewed (auto-bumped on the next ISR refresh after an ETL run).
- BLS Occupational Employment and Wage Statistics (OEWS) — state-level occupational wages — www.bls.gov/oes. Retrieved 2026-06-12.
- BLS Employment Projections — 2024–34 occupational growth rates — www.bls.gov/emp. Retrieved 2026-06-12.
- BLS Local Area Unemployment Statistics — metro-level unemployment rate — www.bls.gov/lau. Retrieved 2026-06-12.
- Bureau of Economic Analysis — Regional Price Parities (state + metro) — www.bea.gov/data/prices-inflation/regional-price-parities-state-and-metro-area. Retrieved 2026-06-12.
- Zillow Research — ZHVI (home value index) + ZORI (observed rent index) — www.zillow.com/research/data. Retrieved 2026-06-12.
- HUD Fair Market Rents — 50th-percentile 2-bedroom FY — www.huduser.gov/portal/datasets/fmr.html. Retrieved 2026-06-12.
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates, metro level — www.census.gov/programs-surveys/acs. Retrieved 2026-06-12.
- Internal Revenue Service — Federal individual income tax brackets and standard deductions — www.irs.gov/forms-pubs/about-publication-17. Retrieved 2026-06-12.
- Social Security Administration — OASDI / Medicare contribution and wage-base rules — www.ssa.gov. Retrieved 2026-06-12.
- New York Department of Revenue — 2026 individual income tax brackets (accessed via Tax Foundation mirror) — taxfoundation.org/data/all/state/state-income-tax-rates. Retrieved 2026-06-12.
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