Optometry ranked No. 10 among 20 best-paying jobs for women
Optometry is a great career choice for many reasons—including work-life balance, the ability to help others and opportunities for growth. But it turns out that for women, it may also pay to be in optometry.
A new report from PayScale, a company that maintains databases of individual compensation profiles, ranked the 20 best-paying jobs for women—and "optometrist" landed in the No. 10 spot.
An important note: PayScale only analyzed positions where females make up at least 40% of the workforce. The median pay was calculated using the Total Cash Compensation for female workers with 5 to 8 years of experience.
According to data used for this report, the optometric workforce is split evenly among men and women, and female doctors of optometry earn median pay of $95,900. Topping the list are obstetricians/gynecologists, who earn median pay of $195,600 annually.
Relative earnings outlooks for optometry
The report found that the top five best-paying jobs for women are in the health care industry. Although the gender wage gap is narrowing, however, the Pew Research Center estimates that overall women still earn only 84% of what men earn.
According to the PayScale report, optometry is a relatively lucrative career for women. But other reports have noted optometry's lower average salary compared to practitioners such as medical doctors, as well.
Business Insider recently gathered data on the salaries of full-time civilian workers from the U.S. Bureau of Labor Statistics (BLS) to compile a list of prestigious jobs with surprisingly low pay. On that unranked list, BLS data determined the average annual earnings for doctors of optometry is $111,640.
However, the AOA's 2012 Income from Optometry report found that the average net income for AOA-member doctors is $139,110, compared to non-AOA-member doctors, who average a net income of $117,257.
Since 2005, when flooding from Hurricane Katrina devastated New Orleans, Optometry’s Fund for Disaster Relief (OFDR) has awarded more than $1.2 million to doctors of optometry and students impacted by natural disasters to restore patient care. Now, as 2022 winds down, your support of OFDR can ensure it is poised to help doctors sustain care during disasters in 2023.
Sign up to receive early notification of Optometry’s Meeting® registration opening in January and secure your spot for the profession’s premier meeting in Washington, D.C., June 21-24.
Tareq Nabhan, O.D., and Sherrol Reynolds, O.D., were nominated by the AOA and selected to serve on the Medicare Evidence Development & Coverage Advisory Committee (MEDCAC). Their appointments to the influential committee, under the Centers for Medicare & Medicaid Services, reflects the AOA working hard to raise the profile and influence of the profession in policy-making circles.