What Is The Average Veterinarian Salary?

Comprehensive Breakdown of Average Veterinarian Salary By State and Common Veterinary Salary Queries

The combined rigorous academic effort, extensive training, and highly specialized skills needed to become a veterinarian are reflected in the average income earned in this profession. However, it's important to note that numerous factors can affect veterinarian salaries, including geographical location, years of experience, and the type of practice.

According to the Bureau of Labor Statistics (BLS), the median pay for veterinarians in 2020 was $99,250 per year. The lowest 10% earned less than $60,690 while the highest 10% earned more than $160,780. However, these amounts vary from state to state.

Here is a breakdown of the average annual salary by state:

  • California: $125,590
  • Texas: $115,320
  • Florida: $112,710
  • New York: $117,480
  • Illinois: $96,640

Typically higher living costs or shortage of professionals in certain states may lead to higher salaries.

Another common query is whether there's a significant salary difference between large animal veterinarians and small animal veterinarians. According to Payscale.

  • Large Animal Veterinarians: Earn an average salary between $68K-$103K annually.
  • Small Animal Veterinarians: Earn an average salary ranging from $70K-$106K per year.

The slight difference stems from factors like nature of work (handling larger animals often comes with additional risks), working hours (large animal vets may have more unpredictable schedules due to farm visits) among others.

Another aspect worth noting is the effect of board certification on a veterinarian's salary. Specialization often leads to higher pay due to increased expertise and demand for specialty services.

  • A board-certified veterinary ophthalmologist might earn around $215,120 per year.
  • A board-certified veterinary neurologist could earn an average of $180,000 per year.

Lastly, as with many professions, experience significantly influences a veterinarian's salary. An entry-level veterinarian can expect to earn an average total compensation (including tips, bonus, and overtime pay) of $80K while a veterinarian with 5-9 years of experience earns an average total compensation of around $90K.

In essence, veterinarian salaries are influenced by various factors ranging from state of practice to years of experience and specialty. Therefore, veterinarians have numerous opportunities to increase their potential earnings throughout their career.

The profession of a veterinarian is among the most rewarding career paths in the healthcare sector. It not only comes with a sense of fulfillment that arises from taking care of animals and ensuring their well-being, but it also offers financial stability. However, the average veterinarian salary varies significantly based on various factors, including geographical location, experience level, specialization area, type of practice, and others.

As per the latest reports by the U. S. Bureau of Labor Statistics (BLS), as of May 2020, the average annual wage for veterinarians in the United States was $108,350. The lowest ten percent earned less than $60,690 annually while those in the highest ten percent made over $164,490 per year.

It's important to understand that these figures represent averages and actual salaries can fluctuate due to numerous factors:

  • Geographical Location:The geographical location or state where a veterinarian practices significantly influences their salary. For instance, Hawaii has been identified as the state with the highest annual mean wage for veterinarians at $229,380. On the other hand, Kansas pays an average salary of around $82,800.
  • Experience Level:Experience plays a considerable role in determining a veterinarian's salary. Generally speaking, seasoned professionals with years of experience command higher salaries compared to those just starting their careers.
  • Specialization Area:Veterinarians who specialize in a particular field like surgery or internal medicine typically earn more than general practitioners due to their specialized skills and knowledge.

Specialization Area

Average Annual Salary

Surgery

$123,000

Internal Medicine

$120,000

General Practice

$90,000


  • Type of Practice:The kind of practice also dictates a veterinarian's earning potential. Those working in private practices usually have higher income potential through profit-sharing and bonuses than those employed in non-profit or government sectors.

It's also worth noting that the job outlook for veterinarians is quite positive. The BLS predicts a growth rate of approximately 16% from 2019 to 2029, much faster than the average for all occupations. Increased demand for veterinary care is expected due to various reasons, including a higher pet population and advanced veterinary medicine.

While pursuing a career as a veterinarian can be financially rewarding, it also demands immense dedication, time, and resources to complete the necessary education and training. However, the intrinsic rewards of contributing to animal health and welfare often outweigh these challenges for many in this noble profession.

The average veterinarian salary is influenced by several factors. These include geographical location, experience, specialization, and type of practice. Understanding these factors can provide a clearer picture of what defines the typical income of a veterinarian.

Geographical Location

Where a veterinarian chooses to practice can significantly impact the average salary. Highly populated urban areas and states with prosperous agriculture and livestock sectors tend to offer higher salaries to veterinary professionals due to increased demand for veterinary services. The cost of living in these areas also plays a role in determining salaries.

Experience

Experience plays an integral part in the average salary of all professionals, including veterinarians. As veterinarians gain more experience and enhance their skills, their earning potential also increases accordingly. Newly qualified veterinarians can expect starting salaries at the lower end of the scale; however, these can rapidly increase within a few years as they gain practical experience and develop further expertise.

Specialization

Veterinarians may choose to specialize in specific fields such as small animal surgery, dentistry, ophthalmology or oncology among others. Specialists often command higher salaries than their general practice counterparts due to their advanced training and specialized skills. According to the American Veterinary Medical Association (AVMA), board-certified specialists often earn twice as much as non-specialists even within the same geographical area.

Type of Practice

The type of practice where a vet operates also influences his/her income significantly. For instance, vets who work in private practice usually earn more than those employed by non-profit organizations or government agencies.

In addition to these factors, it's worth noting that factors like working hours and benefits also play into overall compensation packages for veterinarians - those who are willing to work longer hours or offer emergency services often earn more.

Here is a summary:

  • Geographical Location:Urban areas or areas with prosperous agriculture/livestock sectors offer higher salaries due to increased demand for veterinary services.
  • Experience:Salaries increase with more experience and enhanced skills.
  • Specialization:Veterinarians specialized in specific fields usually earn more than their non-specialized counterparts.
  • Type of Practice:Vets working in private practice tend to earn more than those working for non-profit organizations or government agencies.

Understanding these factors is crucial when considering the average veterinarian salary. It equips aspiring veterinarians and even those already in the field with the information required to make informed career decisions. 

Understanding the Hourly Earnings of Veterinarians: How Much Do They Make?

Before embarking on a professional journey, it's crucial to understand the potential earnings and financial return involved. For those considering a career in veterinary medicine, understanding the average hourly earnings of veterinarians is an integral aspect.

According to the U. S. Bureau of Labor Statistics (BLS), as of May 2020, the mean hourly wage for veterinarians was $51. 08. However, this figure is not absolute and can range widely depending on several variables such as location, specialization, experience, and type of practice.

Factors Influencing Hourly Earnings

  1. Geographical Location:The state or area where a veterinarian practices can greatly influence their hourly wage due to cost of living and demand for veterinary services. For instance, veterinarians in Connecticut are reported by BLS to have a mean hourly wage of $61. 33 while those in Oklahoma earn around $43. 22 per hour.
  2. Specialization:Veterinarians who specialize often earn more than their general practice counterparts due to the additional training and skills they possess. Specialties can include fields like surgery, internal medicine, dermatology among others.
  3. Experience:Experience plays a significant role in determining a veterinarian’s hourly wage. As with most professions, those with more experience tend to command higher salaries.
  4. Type of Practice:Whether a veterinarian works in private practice or is employed by corporate-owned clinics also affects their earning potential.

Breakdown By Percentile

The BLS data can also be broken down into percentiles which show how income is dispersed among veterinarians:

  • The lowest 10% earns less than $37 per hour
  • The 25th percentile earns less than $42 per hour
  • The 50th percentile (Median) earns around $48 per hour
  • The 75th percentile earns over $60 per hour
  • The highest 10% earns more than $73 per hour

Comparing with Other Medical Professions

In comparison to other medical professionals, veterinarians tend to earn less on an hourly basis. For example, physicians and surgeons have a median hourly wage of $100 while dentists earn around $77 per hour. However, it's important to remember that these professions typically require more years of education and training.

In conclusion, the hourly earnings of veterinarians can differ widely based on various factors. Aspiring veterinarians should consider these aspects when contemplating their potential earnings in this profession. Moreover, a career in veterinary medicine is often driven by the passion for animal care and not purely by financial considerations.

However, to provide an overview of the average starting salaries typically earned by veterinarians in the U. S. , let's use data from various reliable sources like the U. S. Bureau of Labor Statistics (BLS), American Veterinary Medical Association (AVMA) and payscale. com.

As per BLS reports in 2019, the median annual wage for veterinarians was $95,460. This figure indicates the salary at which half of all veterinarians earned more than that amount while half earned less. Taking into account that this salary encapsulates all levels of experience, it is safe to assume that starting salaries are likely somewhat lower than this median wage.

According to a report from AVMA in 2020, recent veterinary graduates had a mean starting salary of $76,633 in private practice.

  • Companion animal exclusive: $80,994
  • Companion animal predominant: $73,394
  • Food animal exclusive: $86,705
  • Mixed Animal: $71,096

The report also indicated that those who went on to further education and training such as internships or residencies usually had a lower starting salary due to their status as trainees but would likely see higher earnings later in their career once they gain more specialized skills.

Payscale. com suggests an even broader range with an average entry-level veterinarian salary being around $70K per year but with potential lows around $60K and highs reaching up to $90K yearly. Apart from base salary, additional compensation like bonuses or profit sharing may also be included.

Numerous factors, including geographic location, years of experience, specific field of practice, and board certifications play a critical role in determining salary.

As with many professions, starting salaries for veterinarians may be relatively modest when compared to mid-career or senior professionals in the field. However, with experience and additional training or specialization, veterinarians can significantly increase their earning potential over time.

While starting salaries are important to consider when entering the veterinary profession, it's also crucial to take into account the job satisfaction and rewarding nature of the profession. Being a veterinarian is about more than just income; it's about making a difference in the lives of animals and their owners.

The above insights into starting salaries provide an industry overview for aspiring veterinarians planning their career path or for those simply interested in understanding earnings in this critical healthcare profession within our society.

When discussing the average veterinarian salary, one factor that can significantly influence income is board certification. Becoming a board-certified veterinarian requires additional training and specialization beyond the Doctor of Veterinary Medicine (DVM) degree. This additional expertise can substantially increase a veterinarian's earning potential.

Board certification involves completing a residency program in a specific veterinary specialty, followed by passing an extensive examination. The American Veterinary Medical Association recognizes over 20 specialties, ranging from internal medicine and surgery to behavior, dentistry, dermatology, and more.

The financial impact of board certification is significant. According to data from the American College of Veterinary Internal Medicine, board-certified specialists earn an average salary that ranges between $150,000 and $200,000 per year. In contrast, general practice veterinarians earn an average salary of approximately $100,000 annually. Hence there's a roughly 50% to 100% increase in earnings with board certification.

Let's take a closer look at few specific specialties:

  • Veterinary Surgeons:They perform complex surgeries on animals and often work in referral hospitals or large veterinary practices. Median salary for this role, as per the American College of Veterinary Surgeons is around $183,902 annually.
  • Veterinary Dermatologists:These professionals deal with animal skin disorders. As per the American College of Veterinary Dermatology reports they earn around $160,000 annually.
  • Veterinary Ophthalmologists:These veterinarians focus on diagnosing and treating animal eye diseases. They earn an annual median salary of approximately $180,000 according to the American College of Veterinary Ophthalmologists.
  • Veterinary Cardiologists:They specialize in diagnosing and treating heart conditions in animals. Their median annual earnings are reported to be near about $180,000 by the American College of Veterinary Internal Medicine.

As these figures illustrate, pursuing board certification can considerably enhance a veterinarian's income. However, it's essential to understand that achieving board certification requires a significant commitment of time and effort.

While the financial rewards can be substantial, aspiring veterinary specialists must also consider the additional years of study and training required. They should also be prepared for the high-stress nature of many specialty roles, particularly those involving surgery or dealing with severe illnesses.

In summary, while board certification can greatly impact a veterinarian's income, it is a decision that requires careful consideration of both the potential benefits and challenges. For those who are passionate about a particular area of veterinary medicine and are committed to excellence in their field, however, it can offer highly rewarding career opportunities.