Optometrist Earnings

Median annual wages of salaried optometrists were $96,320 in May 2008. The middle 50 percent earned between $70,140 and $125,460. Median annual wages of salaried optometrists in offices of optometrists were $92,670. Salaried optometrists tend to earn more initially than do optometrists who set up their own practices. In the long run, however, those in private practice usually earn more.

According to the American Optometric Association, average annual income for self-employed optometrists was $175,329 in 2007.

Self-employed optometrists, including those in individual, partnerships, and group practice, continue to earn higher income than those in other settings. Earnings also vary by group size. For example, practitioners in large groups—six or more—earn $159,300; practitioners in mid-sized groups—three to five people—earn $179,205; those in small practices—two people—earn $176,944; and individual practitioners earn an average of $134,094. Self-employed optometrists must also provide their own benefits. Practitioners associated with optical chains earn $100,704 on average. However, they typically enjoy paid vacation, sick leave, and pension contributions.

Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2010-11 Edition