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What is the Average Cardiologist Salary?

What is the Average Cardiologist Salary?

According to the Association of American Medical Colleges, there are almost 23,000 practicing cardiologists in the United States.

Whether considering cardiology during medical school/training or already practicing as a cardiologist, having an expectation of your income can help guide salary negotiations and create a long-term financial plan.

What is the average cardiologist salary?

According to 2023 data from Medical Group Management Association, the median total compensation for noninvasive cardiologists is $585,456.

Here’s how average salaries for different cardiology subspecialties:

  • Electrophysiology: $773,067
  • Invasive cardiology: $653,744
  • Invasive-interventional cardiology: $748,878
  • Noninvasive cardiology: $585,456

Cardiologist salary by state: What do cardiologists make in each state?

Salaries for noninvasive cardiologists can vary significantly by location. MGMA provides a breakdown of how total compensation differs across four geographic sections:

  • Eastern: $559,466
  • Midwest: $645,327
  • Southern: $593,366
  • Western: $554,374

According to MGMA, these are the median salaries for cardiologists by state (data for all states isn’t available):

  • Arizona – $529,903
  • California – $542,608
  • Colorado – $529,421
  • District of Columbia – $455,413
  • Florida – $588,406
  • Georgia – $478,313
  • Illinois – $579,333
  • Indiana – $591,462
  • Iowa – $687,001
  • Kansas – $593,649
  • Kentucky – $671,544
  • Louisiana – $594,127
  • Maine – $568,846
  • Maryland – $385,008
  • Massachusetts – $532,580
  • Michigan – $610,968
  • Minnesota – $658,744
  • Missouri – $485,000
  • New York – $563,770
  • North Carolina – $648,976
  • Ohio – $618,025
  • Oklahoma – $598,897
  • Pennsylvania – $666,308
  • South Carolina – $740,432
  • South Dakota – $898,813
  • Tennessee – $644,432
  • Texas – $672,950
  • Utah – $671,370
  • Virginia – $611,820
  • Washington – $647,266
  • Wisconsin – $399,649

Missing data from MGMA: Alabama, Alaska, Arkansas, Connecticut, Delaware, Hawaii, Idaho, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Dakota, Oregon, Rhode Island, Vermont, West Virginia, Wyoming

Highest paying states for cardiologists

According to the MGMA, these are the top five highest paying states for cardiologists:

  1. South Dakota – $898,813
  2. South Carolina – $740,432
  3. Iowa – $687,001
  4. Texas – $672,950
  5. Kentucky – $671,544

Physician salary by specialty: How do cardiologists’ salaries compare?

Cardiology is one of the higher paying medical specialties. Here’s how their average total compensation of $541,085 compares to other specialties, as reported by MGMA:

Be Sure You Are Fairly Compensated

These salary figures provide a helpful benchmark, but ensuring you’re compensated fairly requires more than just knowing the average or median. Whether you’re starting a new job or renegotiating your contract, a thorough contract review can give you the confidence that you’re receiving fair compensation.

 

Not sure if your pay is competitive? Panacea Legal’s Compensation Review helps doctors understand how their earnings compare by region, specialty, and market trends. Learn more about how experienced contract attorneys can help you secure your financial future today.

The information shared on this website does not constitute legal advice and does not create an attorney-client relationship.

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