medschool22 said:
According to the Pod School in Ohio, they say that the average salary between 0-2 years is $60,000. And that when you hit years 6-9, you hit the average of $110,000. I'm assuming this is pretty accurate. Why then is Pod school about as expensive as MD/DO schools when the salary, on average, is much less?
Hello,
I'm a student at the "Pod School in Ohio" and I can tell you with full assurance that this information is very outdated. It is rather embarassing that they are using the same "brochure" or reference but this is the same data that has been circulating from the time of our first year residents!
To answer your question though, when looking at average income for a podiatrist, a few things must be considered:
1) is the podiatrist surgicaly trained? (this makes a substantial difference actually)
2) is the podiatrist working full time? (alot of podiatrists work part-time - many of whom are women who choose to balance professional and family life)
3) where are the new podiatrists working (some will work under contract and do routine care at nursing homes, VA, etc. mainly due to the limited training some of them have. However, surgically trained ones enjoy professional freedom to work in group practices, multi-specialties, and even orthopoedic practices).
4) Is the podiatrist in private practice or is she/he an associate?
5) Geographic location (if a new grad is opening up a new practice in an area close to the pod school, chances are the area is already flooded and he/she won't do very well right away).
Because there are many variables involved its hard to really pinpoint to get an average income from any source outside of the APMA. Recently, they had a survey for all the young members of the APMA and the numbers were very impressive as they were all surgically trained. I don't have the link to the exact figures so i'm hoping that one of my colleagues here in this forum can provide us with this link.
I can assure you that a podiatrist with a 3 year surgical residency will not start at any less that $90-100,000 at minimum, with perhaps a maximum at $150,000. This you can confirm if you'd like to do your own research and contact some of the chief residents (via email/phone etc) at the 3 year programs and ask them about the job offers they've received. This is probably the most accurate and reliable source of information regarding the current state of the profession.
hope that helps