The Average Radiology Salary
Radiologists have the task of analyzing and assessing medical images such as X-rays, MRIs and CAT scans. If you're looking to get into the field of radiology or already working in the profession, checking out compensation levels of radiologists in different parts of the country can help you figure out if the career is an optimum choice or if your current compensation levels are competitive.
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Salary Range
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According to a survey of 539 radiologists in October 2010, the average salary of a radiologist ranges from $43,845 to $197,035. These figures take any bonus pay or profit-sharing plans into account. The large variance in the salary range represents the fluctuations in pay based on experience and location.
Experience
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On average, gaining experience in the field of radiology provides a significant increase in pay. For those individuals with four or less years of experience, median salary is about $95,000. At five to nine years of experience, this amount grows to around $150,000. Radiologists with 10 to 19 years of experience have a median annual pay of $210,000.
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Employment Type
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Interestingly, the data collected from radiologists reveals that self-employed professionals have the highest average pay, with a median salary around $240,000. Those working in private practice come in second, with a median around $285,000. Employees of hospitals and other nonprofit organizations lag behind with a median around $150,000, while government-employed radiologists receive the lowest pay on average, with a median salary below $100,000.
Location
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Location can also play a part in determining the average salary of radiologists. A PayScale study reports that Georgia is the best state for radiologists, with a salary range that reaches $336,000. New York and Missouri follow next, with an average maximum salary around $300,000. California, Ohio and Florida also take top spots on the lists of highly compensated radiologists, with top average salaries of 243,979, $257,073 and $200,000 respectively.
Benefits
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The above figures don't take noncash benefits into account, but these benefits do play an important role in the overall compensation of radiologists. Nationally, about 78 percent of radiologists have 401(k) plans, the most prominent benefit for the profession. Nearly half are provided life and disability insurance by their employer, and 43 percent receive paid vacation time.
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