Cardiologist Salary

The Cardiologist Salary is calculated by the US Government Bureau of Labor Statistics from a variety of sources. Cardiologists work in a number of settings including hospitals, clinics and medical offices.  The average Cardiologist Salary will vary depending on the location and the setting. Area of specialization also plays a part in how much they earn.  Cardiology is divided into three sub-specialties: Invasive, Non-Invasive and Interventional. The assumption was made that the Cardiologists reflected here were working an average of 40 hours per week with a total of 2080 hours per year. 

Cardiologist  Salary: Median Hourly & Annual Data

Hourly

The median salary is $146.57 per hour. The lowest 10% earn $67.10 per hour and those in the upper 10% earn more than $184 per hour.

Annually

On an annual basis  the median cardiologist salary is $$304,877 The lowest 10% earn $$139,570 per year while the upper 10% earn more than $382,000 per year.  These salaries are calculated as a mean or average. 

Lowest and Highest Cardiologist Salaries 

The lowest paid cardiologists earn less with mean or average wages below $60 per hour.  Presumably this is offset by costs of living and other factors.  The lower pay levels are associated with rural areas.  The highest pay levels are found in major metropolitan areas where the mean or average wage is over $193.00 per hour.  Demand and low supply seem to be a significant factor in fueling higher salaries. 

Top 5 States

The top paying states to earn an Cardiologist salary are Wisconsin, Minnesota, Alaska, Kansas and New Hampshire.  They range from a low of $161,000 to a high of over $380,000 in average annual salary. 

 Top 5 Metropolitan Areas

The best city or metropolitan areas to earn an Cardiologist salary are Owensboro, KY,Lima, OH, Dothan, AL, Odessa-Midland, TX and Ocala, FL

This data is based partially on US Bureau of labor statistics information and may vary significantly from other online sources.

Private Practice Vs Employment

Virtually all physicians are considered private practice or self-employed. A few Cardiologists are employed by federal or state governments.  A small number may also be found in the military. 

Employment Data

It is estimated that there are over 21,000 Cardiologists in the U.S. or approximately 7 for every 100,000 residents. 

Where They Work

Of all the Cardiologists employed in the United States the majority of them work in a private or group practice setting and can be found in clinics or medical office buildings.  A small number can be found working directly in hospitals or other medical centers.  Other settings where Cardiologists work are in research and medical schools or universities. 

Benefits

Fringe benefits such as vacation, health insurance and retirement plans will vary depending on the work setting and size of the employer.  Individuals in private practice will have similar benefits enjoyed by self-employed or sole proprietor businesses.   A typical employment benefits package is worth over $20,000 per year.