Introduction
Optometrist(s) in United States are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months. In this article we have mentioned Optometrist salary in United States, and the average salary of optometrist.
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Average base salary
$123,842
The average salary for a optometrist is $123,617 per year in the United States. 1.7k salaries reported, updated at July 19, 2022.
Average Hourly Wage
The average hourly wage (pay per hour) in United States is 97 USD. This means that the average Optometrist in United States earns approximately 97 USD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
How Much Does an Optometrist Make?
Optometrists made a median salary of $118,050 in 2020. The best-paid 25 percent made $145,720 that year, while the lowest-paid 25 percent made $91,180.
The median, the maximum, the minimum, and the range
Salary Range
Optometrist salaries in United States range from 94,500 USD per year (minimum salary) to 318,000 USD per year (maximum salary).
Median Salary
The median salary is 213,000 USD per year, which means that half (50%) of people working as Optometrist(s) are earning less than 213,000 USD while the other half are earning more than 213,000 USD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Optometrist(s) are earning less than 138,000 USD while 75% of them are earning more than 138,000 USD. Also from the diagram, 75% of Optometrist(s) are earning less than 281,000 USD while 25% are earning more than 281,000 USD.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios
Average salary change by experience
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage.
An Optometrist with less than two years of experience makes approximately 109,000 USD per year.
While someone with an experience level between two and five years is expected to earn 150,000 USD per year, 38% more than someone with less than two year’s experience.
Moving forward, an experience level between five and ten years lands a salary of 214,000 USD per year, 42% more than someone with two to five years of experience.
Additionally, Optometrist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 261,000 USD per year, 22% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 275,000 USD per year, 6% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 300,000 USD per year, 9% more than people with fifteen to twenty years of experience
Salaries by years of experience
Male Optometrist employees in United States earn 6% more than their female counterparts on average.
Highest paying cities
Optometrist Bonus and Incentive Rates in United States
An Optometrist is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
13% of surveyed staff reported that they haven’t received any bonuses or incentives in the previous year while 87% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
Average Optometrist Salary Over Time
Top companies for Optometrists in United States
Recent user submitted salaries
Frequently asked questions About Optometrist Salary
How much does an Optometrist in United States make?
The national average salary for an Optometrist is $1,21,895 per year in United States. Filter by location to see an Optometrist salaries in your area. Salaries estimates are based on 767 salaries submitted anonymously to Glassdoor by an Optometrist employees.
What is the highest salary for an Optometrist in United States?
The highest salary for an Optometrist in United States is $1,78,074 per year.
What is the lowest salary for an Optometrist in United States?
The lowest salary for an Optometrist in United States is $83,440 per year.
Conclusion
Optometrist provides primary care and medical treatment to patients with visual system disorders and diseases. Examines patient’s eyes to detect and diagnose vision problems, diseases, and other conditions, such as diabetes or hypertension. Being an Optometrist develops treatment plans and prescribes eyeglasses, contact lenses, and/or medication to treat eye disorders. Educates patients on proper eye care and treatment plans.
