Radiologists Salaries USA 2024: States and Industry

Radiologists wielding the power of medical imaging to diagnose and treat a vast array of conditions. In the United States, radiologists are among the highest-paid medical professionals. But what exactly determines a radiologist’s salary, and how can you maximize your earning potential in this field?

This article explores the  Radiologists wages in United States Of America, exploring the factors that influence your earning potential and offering tips to maximize  Radiologists income in this dynamic field.

Defining the  Radiologists:

Radiologists are medical doctors who specialize in diagnosing and treating injuries and diseases through the use of medical imaging techniques such as X-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI), nuclear medicine, and other modalities.

Radiologists Wages in the USA

 Radiologists Salary Range

According to the U.S. Bureau of Labor Statistics1, the annual median salary for Radiologists is $239,200 or more and annual mean salary is $353,960.  Radiologists earn salaries ranging from $79,760 to $239,200 or more annually.

Top 10% earners: Exceed $239,200 annually

Bottom 10% earners: Make less than $79,760 annually

Projected annual median salary for Radiologists in 2024-2025 (with 2.5% increase) is $245,180 or more. 

This wide range highlights the diverse factors that influence a  Radiologists income in USA. We will be discussing those factors below.

Top Paying Industries for  Radiologists

The U.S. Bureau of Labor Statistics (BLS) data reveals that  Radiologists working for Outpatient Care Centers earn the highest annual salaries, exceeding $ 434,000 annually (U.S BLS May 20232).

Other high-paying industries in USA includes Offices of Physicians, Medical and Diagnostic Laboratories and Specialty Hospitals etc.

IndustryHourly mean wageAnnual mean wage 
Outpatient Care Centers$ 209.02$ 434,770
Offices of Physicians$ 188.84$ 392,790
Medical and Diagnostic Laboratories$ 176.09$ 366,270
Specialty (except Psychiatric and Substance Abuse) Hospitals$ 171.04$ 355,760
Colleges, Universities, and Professional Schools$ 95.96$ 199,600
Table 1 : Top paying industries for  Radiologists

Industry with highest Employment Level for  Radiologists

Most number of  Radiologists are employed in Offices of Physicians, followed by General Medical and Surgical Hospitals.

Industry with highest employment level for  Radiologists

Chart 1: Industry with highest employment level for  Radiologists

Top Paying U.S. States for  Radiologists

Delaware leads the pack with the highest annual mean wage for  Radiologists in USA. Following closely are Hawaii and Maine all offering wages exceeding $239,200 annually (U.S BLS3).

StateHourly mean wageAnnual mean wage
Delaware $115 $239,200
Hawaii $115 $239,200
Maine $115 $239,200
Minnesota $115 $239,200
Oregon $115 $239,200
Table 2 : Top paying States for  Radiologists

State nameEmploymentHourly mean wageAnnual mean wage
Alabama (al)Estimate not released by U.S. BLS.120.06249730
Alaska (ak)4066.72138770
Arizona (az)380205.67427800
Arkansas (ar)230110.92230710
California (ca)2400125.49261020
Colorado (co)380160.30333420
Connecticut (ct)Estimate not released by U.S. BLS.158.45329580
Delaware (de)200≥ $115 $239,200
District of Columbia (dc)40170.10353800
Florida (fl)1230159.15331040
Georgia (ga)320188.15391350
Hawaii (hi)50≥ $115 $239,200
Illinois (il)1050134.04278810
Indiana (in)690Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Iowa (ia)100136.85284660
Louisiana (la)40Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Maine (me)Estimate not released by U.S. BLS.≥ $115 $239,200
Maryland (md)62098.01203860
Massachusetts (ma)3300177.64369490
Michigan (mi)610168.03349500
Minnesota (mn)Estimate not released by U.S. BLS.≥ $115 $239,200
Mississippi (ms)230Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Missouri (mo)730174.94363870
Montana (mt)70144.57300700
Nebraska (ne)300186.86388660
Nevada (nv)Estimate not released by U.S. BLS.161.89336720
New Hampshire (nh)160186.73388410
New Jersey (nj)1990129.28268900
New Mexico (nm)540103.77215840
New York (ny)1890165.58344400
North Carolina (nc)220164.16341450
Ohio (oh)1170193.45402370
Oregon (or)210 ≥ $115 $239,200 
Pennsylvania (pa)1700167.11347590
Puerto Rico (pr)6094.48196520
Rhode Island (ri)130142.55296490
South Dakota (sd)40228.74475780
Texas (tx)1830157.62327850
Utah (ut)170Estimate not released by U.S. BLS.Estimate not released by U.S. BLS.
Washington (wa)1510 ≥ $115 $239,200 
West Virginia (wv)9074.52154990
Wisconsin (wi)850202.13420440
Wyoming (wy)60156.19324870
Table 3 : Wages of  Radiologists in USA States

U.S. States with the highest employment level for  Radiologists

Massachusetts leads in providing employment to the  Radiologists, followed by California and New Jersey.

States with the highest employment level for  Radiologists

Chart 2: States with the highest employment level for  Radiologists

 Radiologists Take-Home Pay

After factoring in federal and state taxes, a  Radiologists with a state-wise annual mean salary, would have an estimated net income as follows:

Taxes and take home pay estimate for a single filer

New-York: $344,400 (Annual mean wage) – $108,801 (Estimated income tax) = $235,599 (Estimated take home pay).

California: $261,020 (Annual mean wage) –$78,935 (Estimated income tax) = $182,085 (Estimated take home pay).

Texas:  $327,850 (Annual mean wage) – $81,794 (Estimated income tax) = $246,056 (Estimated take home pay).

More taxes can be saved by contributions in IRA, retirement, itemized deduction such as charitable contributions, medical and dental expenses.

Expenses and Savings Potential Estimates in USA

The average annual expenses for a single person household in New York are estimated at $46,584 excluding taxes, according to estimates from the Massachusetts Institute of Technology4. (The figures are measured in 2023 inflation-adjusted dollars)

Based on this estimate, a  Radiologists earning the take home pay of $235,599, with basic expenses could potentially save $189,015 annually. It’s important to note that individual expenses can vary significantly depending on lifestyle choices and location.

Savings for Married Couples/Households:

While the data provided doesn’t explicitly detail salary savings for married couples or households, it’s important to consider that combined incomes and potentially shared expenses could significantly increase overall savings potential in USA.

Beyond the Base Salary

Total compensation for  Radiologists goes beyond the hourly or annual wage. Organizations offer additional benefits such as:

Housing stipends: Provides financial support for housing during your placement.

Meal stipends: To help with daily meals.

Travel allowances: To reimburse travel expenses incurred during relocation.

Health insurance: Comprehensive health insurance coverage for you and your dependents.

Paid time off: Vacation days and sick leave.

Childcare assistance:  Childcare assistance programs help employees manage this significant expense.

Life insurance: This benefit provides financial protection for an employees family in the event of their death.

Disability insurance: This benefit provides income to an employee who is unable to work due to a disability.

Continuing education reimbursement: Support for professional development and training.

Retirement savings plans: Retirement planning gets a helping hand with employer-sponsored plans like 401(k)s. These plans offer tax advantages for saving. Employers may also match employee contributions.

Factors Affecting  Radiologists Income

Several factors can affect  Radiologists paycheck:

Experience: As with most professions, experience plays a significant role in determining salary.  Entry-level specialists can expect lower salaries, while seasoned professionals with proven track records command higher compensation.

Subspecialty: Radiologists who specialize in areas such as interventional radiology, neuroradiology, or pediatric radiology may command higher salaries due to their specialized expertise and the complexity of their work.

Location: Geographic location significantly impacts  Radiologists salaries. U.S. States like Delaware, Hawaii, and Maine offer some of the highest pay, while others may offer lower wages.

Industry: The industry you work in can impact your salary. Outpatient Care Centers generally offer the highest wages.

Employer: Radiologists employed by private practices, outpatient care centers, or specialized clinics often earn higher salaries than those working in hospitals or academic settings.

Contract Details: The specific terms of the employment contract, including factors like housing stipends, overtime pay, and benefits, can affect the overall compensation package.

Boosting  Radiologists Salary: Skills and Tips

So, how can  Radiologists maximize their salary? Here are some tips:

Skill and Certification: Acquiring expertise in a specific area of radiology, such as interventional radiology or breast imaging, can make radiologists more valuable and increase their earning potential.

Embrace New Technologies: Grasp the latest advancements in medical imaging technology, like artificial intelligence (AI) and 3D imaging, demonstrates your commitment to the field and can make you a more valuable asset.

Negotiate Your Salary: Don’t be afraid to negotiate your salary during the job offer stage. Research market rates for  Radiologists with your experience and qualifications.

Take on Leadership Roles: Strong leadership and communication skills allow you to collaborate effectively with referring physicians and other healthcare professionals, fostering better patient care and potentially opening doors to leadership roles within your practice.

Practice Setting: The type of practice setting you work in can also influence your salary. Radiologists employed by hospitals or large medical groups might see a different salary structure compared to those working in private practice or outpatient clinics.

Continue Learning: Stay up-to-date with the latest advancements in your field by attending conferences and pursuing training opportunities.

Conclusion:

A career as a  Radiologists in United States offers both professional satisfaction and the potential for a high salary. By understanding the various factors that influence salary and carefully managing expenses,  Radiologists can make informed decisions and pave the way for a rewarding and financially secure career path.

Share this Post

Note:

This article provides general information only and should not be considered financial advice: Your individual circumstances and specific job offer details will significantly impact your actual earnings.

Seek professional guidance: Consulting with a financial advisor can provide personalized advice on managing your finances and maximizing your savings potential.

Sources

  1. U.S. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes291224.htm#st ↩︎
  2. U.S. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes291224.htm#st ↩︎
  3. U.S. Bureau of Labor Statistics: https://www.bls.gov/oes/current/oes291224.htm#st ↩︎
  4. Massachusetts Institute of Technology: https://livingwage.mit.edu/states/36 ↩︎
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Scroll to Top