The chiropractor salary varies by state and other factors.
How Much Do Chiropractors Make?
People have asked, “Are chiropractors well compensated?” While salaries for chiropractors vary by state, the average annual salary of a chiropractor, in 2014 was $79,760, according to the Bureau of Labor Statistics.1 There are many factors that influence salary of chiropractors including experience, number of years in the profession, and whether or not they are an owner or partner in a practice. Additionally, geography plays a role. As of 2013, the highest salaried states for chiropractors were in Ohio, New Jersey, Alaska, Massachusetts, and North Carolina. Most chiropractors work a full time schedule, and some might work in the field part time. The ones who own their own practice have some flexibility in their schedule, but then tend to work weekends and evenings. As far as job outlook goes, “job growth is expected to occur at a rate of 15 percent” between 2012 and the year 2022. Chiropractic care is not only more popular now, but many of the insurance plans are covering treatments.2 The states with the most chiropractic employment are California, Texas, Florida, Illinois, and New York. The top-paying states, as of 2014, for chiropractors were still New Jersey and Massachusetts, but also Connecticut, Delaware, and Florida. The top percentage of chiropractors earned about $143,000 in 2014, while the lowest annual wage was about $31,000.3
Chiropractor Salary Differences
Chiropractors can influence their salary based on a number of factors such as where the practice is located, the type of practice being run, the number of hours a day worked, the number of years worked, and if they plan to own their own business or work for someone else. Not only are there differences in salaries per state, but there are differences in income based on whether or not the practice is in a city or small community. Earnings increase after the beginning five years of practice. There are “geographic imbalances in the distribution of chiropractors” as practices are often near colleges and chiropractic schools. Chiropractors also make their salary based on their focus. Some might own a personal injury or a workers compensation clinic. Others might be cash-only, while many might be dependent upon insurance. There are traditional chiropractic offices and ones that offer massage, yoga, nutrition, physical therapy, or acupuncture. If a chiropractor works for someone else they do not have to worry about rent, salaries, or higher insurance rates; however, there is flexibility in owning a practice and a percentage would not have to be paid on patients. Expenses of an office include administrative salaries, rent, utilities, liability insurance, taxes, phone, auto, supplies, sales/marketing, interest on borrowed money, and more. There are also education expenses, professional and legal fees, software and equipment costs, advertising expenses, and even charitable contributions. Seminars, conferences, and joining associations are other expenditures. Some chiropractors can earn additional money by working as traveling chiropractors, as salaried chiropractors on movie and television sets, and by providing services for sports teams.4