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HealthcareNew York (NY)

Physician Salary in New York

Take-home pay breakdown using 2025 tax rates โ€” single filer, standard deduction

$229,300
Gross Salary
national median
$156,392
Annual Take-Home
68.2% of gross
$13,033
Monthly Take-Home
after all taxes
$6,015
Bi-Weekly Paycheck
after all taxes

Full Tax Breakdown โ€” New York

Based on national median Physician salary of $229,300, single filer, 2025 tax year

Gross Annual Salary
$229,300
Deductions
Federal Income Tax
Effective rate: 19.9%
-$45,641
New York State Income Tax
Effective rate: 5.6%
-$12,760
Social Security Tax
6.2% up to wage base
-$10,918
Medicare Tax
1.45% + 0.9% above $200k
-$3,589
Total Taxes
31.8% effective rate
-$72,908
Net Take-Home Pay (Annual)
$156,392
Net Take-Home Pay (Monthly)
$13,033
Net Take-Home Pay (Bi-Weekly)
$6,015

Where Your Money Goes

Take-Home Pay$156,392 (68.2%)
Federal Income Tax$45,641 (19.9%)
New York State Tax$12,760 (5.6%)
FICA (SS + Medicare)$14,507 (6.3%)

New York vs. National Average

National Median Salary
$229,300
Used for calculations on this page
State Income Tax
$12,760/yr
Effective rate: 5.6%
Property Tax Rate
1.7%
Effective rate on home value
State Sales Tax
4.0%
State rate (local rates may vary)

Local income taxes (NYC ~3.88%, Yonkers 16.75% of state tax) not included. Estate tax exemption $7.16M. "Cliff" effect near exemption.

Frequently Asked Questions โ€” Physician in New York

How much does a Physician take home in New York?

On a national median salary of $229,300, a Physician in New York takes home approximately $156,392/year ($13,033/month) after federal income tax, New York state income tax, and FICA taxes. This represents an effective total tax rate of 31.8%.

What is the New York state income tax rate for a Physician?

On a $229,300 salary, the effective New York state income tax rate is 5.6%, resulting in $12,760 in state taxes annually. New York's marginal rate for this income level is higher, but credits and deductions reduce the effective rate.

How does New York compare to other states for Physicians?

State tax burden is a key factor in take-home pay comparison. New York's 5.6% effective state tax rate places it in the middle range nationally. To compare all states, use the "Salary by State" table above.

What other taxes does a Physician pay in New York?

In addition to federal and state income taxes, workers pay FICA taxes: Social Security (6.2% on wages up to the $168,600 wage base in 2025) and Medicare (1.45%, plus 0.9% surcharge on earnings over $200,000). Local income taxes may also apply in some New York cities. New York's property tax rate is 1.7%, and the state sales tax rate is 4.0%.

Calculations use 2025 federal and state tax rates. Single filer, standard deduction. Does not include local taxes, pre-tax retirement contributions, or employer benefits. Salary data sourced from U.S. Bureau of Labor Statistics (BLS) OEWS. Last updated: March 2025. For personalized calculations, use the Paycheck Calculator.