Radiologist jobs are an increasingly popular and lucrative choice for anyone looking for work in the medical field. Radiologists, who use imaging technologies to diagnose and help treat disease, are in demand and the need for radiologists currently outweighs the current number of employed radiologists. People who are entering into a radiologist career are often interested in how much money they will make as a radiologist, especially due to the high cost of medical education required for the position. There are many different factors which ultimately determine a radiologist’s salary, and because of this the salary of a radiologist has a wide range.
A radiologist’s salary depends on four major factors: location, experience, education and the place of employment. Each of these factors can have a considerable influence on the salary of a radiologist, and potential radiologists should take all of these factors into consideration when beginning a radiologist career.
The location of a radiologist is a very big factor which will influence their average income. Several factors are involved when it comes to location: the average cost of living in the area, the demand for radiologists in the area, and the overall state of that area’s economy. The cost of living can dramatically lower or raise a radiology’s salary. Jobs in areas with high costs of living often pay more but the high cost of living can offset an otherwise high salary. Jobs in areas with lower costs of living often pay less but, again, the lower cost of living can offset an otherwise lower salary. For example: California and New York, which have relatively high costs of living, have a higher average salary for radiologists than states like Massachusetts or Illinois. The median salary of a radiologist in California is about $230,000 while the median salary of radiologists in Illinois is about $120,000.
The cost of living is not the only factor which needs to be taken into consideration. The higher the demand for a radiologist in a state or area, the higher the salary is likely to be. For example, while Georgia has a lower cost of living than California, the starting salary for radiologists is most areas of Georgia is often over $150,000. This is due to the increase in demand for radiologists in Georgia. Likewise, areas with an abundance of radiologists may have a dramatically lower salary–some areas, for example, start radiologists off with about $60,000 a year.
The total amount of experience a radiologist has will also factor into their average income. Someone with more experience will typically make a higher salary than someone with little or no experience. Additionally, radiologists who have experience in other medical areas will have a better chance of receiving a higher salary. Overall, the more experience a radiologist has in the field, the higher their salary. Even a few years of working experience can add thousands of dollars annually. For example, radiologists with less than one year experience report starting salaries as low as $40,000, while the starting salary for radiologists with 1 to 4 years of experience is around $98,000.
The total amount of education a radiologist receives will also factor into their average salary. Radiologists have to complete an undergraduate program, four years of medical school, one year of some sort of internship program as well as a 4 year residency training. A radiologist who also pursues additional training, especially in a specific radiologic technique, will open themselves to more job opportunities and the potential for higher salaries. For example, radiologists who specialize in pre-natal radiology may find that the salary for a “niche” position is higher than a general radiologist’s salary. For example, radiologists who pursue education and training in pediatric radiology or nuclear radiology can receive salaries as high as $500,000. Radiologists who specialize in diagnostic imaging can also expect a much higher average income, with starting diagnostic radiologist salaries coming in at around $300,000 in most areas.
Place Of Employment:
Where a radiologist works can have an effect on their average income. Typically, however, most radiologists choose to work in a general hospital setting simply because hospitals employ the most radiologists in the United States. Hospitals are more likely than private clinics to have the equipment and technology needed to operate radiologic equipment and run a radiology department. Radiologists may also work at hospitals or clinics which specialize in radiologic technologies such as diagnostic sonography, which does pay higher than the average hospital radiologist wage. There are also radiologists who work at private clinics or even set up their own private practices. Radiologists with a private practice will need to work at building a strong clientele base, as well as set up a networking system among nearby hospitals or clinics before their income can increase.
A List of Nationwide Median Radiologist’s Wages by Percentile:
Percentile – Annual Wage
10% – $275,961
25% – $338,345
75% – $460,032
90% – $508,436
A radiologist’s salary will largely depend on where they work, what kind of place they work, how much experience they have and their overall level and focus of education. Anyone hoping to determine what the average wage for a radiologist in their area might be should take all of these factors into consideration. For example, someone who has been working as a radiologist for 7 years and is looking for employment in Georgia (where the demand is high) can expect to receive a higher annual income than someone with 1 year of experience who is looking for a job in Ohio, where the demand and cost of living are lower. It’s also important to remember that average wages are calculated via a limited number of statistics and reports. There are radiologists who make more or less than is expected for their location, experience, education and place of employment. This guide is meant to give you a general idea of what to expect when researching a radiologist’s salary.