Radiation oncologists employed in the United States typically earn salaries in the range from $197,763 to $579,743 a year including bonuses according to the salary information reported by Payscale.
The basic annual salary for radiation oncologists is generally in the range from $154,563 to $555,478, and the yearly bonus earnings for these professionals can amount to up to $101,014 a year according to Payscale.
Radiation oncology specialists employed in the health care sector generally report earning an annual income in the range from $215,500 to $311,019. Physicians employed at hospitals typically make between $63,423 and $571,144 a year according to Payscale’s salary data.
With significant work experience in the field, radiation oncology specialists can earn salaries in the amount of up to $787,000 a year according to the salary data reported by ValueMD. The Medical Group Management Association (MGMA) reports the highest salaries for this occupation reaching $519,677 a year, while The Hay Group reports the lowest salaries at around $266,900 a year.
Average salary
The average salary for radiation oncologists working in the United States is $317,134 a year according to Payscale, $477,807 a year according to the Medical Group Management Association (MGMA), $449,891 according to the American Medical Group Association (AMGA), $400,000 a year according to the recruitment firm Merritt Hawkins, and $385,000 a year according to ValueMD.com.
Salary range
Radiation oncologists’ annual pay can vary depending on a wide range of factors, including work experience. Professionals with 1 to 9 years of experience typically earn salaries in the range from $200,000 to $306,125 a year, those with 5 to 9 years of experience make between $223,500 and $337,037 annually, and radiation oncology doctors with 20 or more years of work experience under their belt report earning an annual pay in the range from $400,000 to $575,000 according to Payscale.
Radiation oncologists generally earn an income in the range from $357,000 to $463,293 a year according to the 2008 Physician Compensation Survey, released in Modern Healthcare.
Starting salary
The median starting salary for radiation oncologists in their first years of practice is $241,000 a year according to ValueMD.com.
Salary by state
Radiation oncologists’ annual salaries depend on geographical location and can vary considerably from state to state. Physicians employed in California earn $217,000 a year on average, those working in Texas are paid around $194,000 annually, and doctors based in New York earn an average annual pay of $243,000 according to the salary data reported by Indeed.
Radiation oncologists working in Massachusetts earn around $237,000 annually, those based in Illinois are paid $221,000 a year on average, and professionals working in Arizona earn a median yearly salary of $171,000. Doctors employed in Nevada are paid around $166,000 a year, those working in Florida and Montana earn around $189,000 annually, and physicians working in New Hampshire earn $197,000 a year on average.
Radiation oncologists based in Alaska earn a median salary of $157,000 a year, those working in New Mexico and Colorado are paid $178,000 a year on average, and doctors based in Connecticut earn around $226,000 a year.
Salary by city
Radiation oncologists’ salaries also vary from city to city. For example, professionals working in New York earn an average annual pay of $259,000, those based in Los Angeles are paid around $205,000 annually, and doctors working in Chicago earn around $226,000 a year according to Indeed’s salary figures.
Physicians employed in Houston are paid around $214,000 a year, those working in Philadelphia and Detroit make $199,000 a year on average, and professionals working in Dallas earn an average yearly salary of $196,000.
Radiation oncologists employed in Miami and Denver earn a median salary of $183,000 a year, those working in New Orleans are paid around $173,000, and professionals working in Seattle earn $205,000 a year on average. Doctors based in Memphis make $172,000 a year on average, those working in Boston earn an average annual pay of $239,000, and professionals working in Baltimore are paid around $201,000 a year based on Indeed’s salary data.
Benefits
Radiation oncologists typically get a wide range of perks and benefits along with their yearly income and bonus earnings. The most popular benefits among these professionals are life and disability insurance, malpractice and liability insurance, 403(b) plans, paid vacations and holidays, paid sick leave, reimbursement for education, training, tuition, and certification, and 401(a) plans.
Vacation weeks depend on a number of factors, including years of experience in the field. Radiation oncologists with 1 to 4 years of experience typically get 3.8 weeks off per year, those with 5 to 9 years of experience get six weeks off on average, and professionals with 10 to 19 years of experience get about 3.5 vacation weeks each year according to Payscale’s data.
Other income factors
Along with their basic annual salary, radiation oncologists typically also get yearly bonuses, and these depend on a variety of factors, including work experience. Doctors with 1 to 4 years of experience get $37,450 a year on average, those with 5 to 9 years of experience report being paid around $25,000 a year, and professionals with 20 or more years of work experience receive $10,174 a year on average in bonuses according to Payscale’s salary data.
Bonuses can also vary from state to state. For example, radiation oncologists employed in New York get $62,500 a year on average, those based in Florida are paid around $50,000 a year, and professionals working in Wyoming get $10,000 a year on average in bonus money.
The annual bonuses also tend to vary depending on hospital setting. For example, doctors working at general hospitals typically get around $25,000 a year, while those working in ambulatory care or surgery centers receive $5,060 a year on average in bonuses according to Payscale. Radiation oncologists working in the health care industry generally get around $24,566 a year, and those employed at hospitals are paid $29,950 a year on average in bonuses.