According to the Bureau of Labor Statistics (BLS), there were 52,600 chiropractors employed in the United States in 2013, with the employment projected to grow by another 28% over the next ten years. This is twice as fast as the average job growth in the United States which is projected at 14% over the same period. According to the BLS, the average hourly chiropractor salary in 2013 was $37.88 which translates into $78,780 annually. This is slightly lower than the results from a survey conducted by the Chiropractic Economics magazine. According to the results of the magazine survey the average annual salary for chiropractors in 2013 was $87,538.
Typically chiropractors start out their careers earning significantly less than the average. The lowest 10 percent of chiropractors in 2013 have earned merely $31,120 a year. The low chiropractor salary is very likely due to the fact that many chiropractors start out are working part time. In fact according to the statistics gathered by the BLS in 2013, 21% of all chiropractors have been working part time. As chiropractors gain experience, build up their client base and either become partners or owners of their own practice, their earnings begin to increase rapidly. The top 10 percent of chiropractors in 2013 have earned over $142,600 annually. One major benefit of being a partner or an owner of your own practice is that it allows the chiropractor to set their own hours and work as much or as little as they want. [Read more...]