How Much Does a Cardiologist Make?

Working with patients in both hospitals and medical offices, Cardiologists diagnose and treat conditions of the heart. As a Cardiologist, you determine the appropriate treatment for many life-threatening diseases and conditions by reviewing each patient’s medical history and conducting a physical examination and further testing. Together with other specially trained Physicians and Surgeons, you’re responsible for the health of your patients. This highly stressful position is too much for some people, but if you can handle the demanding education and training requirements, you’re likely to enjoy a hefty annual salary for your efforts.

What is the average salary of a Cardiologist?

The U.S. Bureau of Labor Statistics reports that the average salary of a Cardiologist is $219,770, which equates to approximately $105 per hour based on 2,080 hours worked per year (or 40 hours per week). The lowest-paid 10 percent of Cardiologists earn less than $150,000 annually, and the highest-paid 10 percent earn more than $300,000.

Several factors influence the annual average salary of a Cardiologist, such as experience, whether they’re self-employed or employed by a health care facility, and location of the position.

The location of the cardiology practice is perhaps the biggest factor in determining the annual salary of a Cardiologist. For example, Cardiologists in Minnesota, South Dakota, Indiana, New Hampshire, and Nevada are typically the top-paid. However, if you’re searching for a particular metropolitan area to practice in, the highest-paying metro areas are San Jose, California; Chicago, Illinois; Seattle, Washington; Washington, D.C.; and Tampa, Florida.

Are Cardiologists in demand?

Simply put, yes. It is estimated that employment of all Physicians will grow by as much as 22 percent in the coming years — much faster than average when compared to all occupations. The health care industry continues to grow in response to the United State’s aging population, coupled with the obesity problem the country faces. Consumers continue to demand the highest level of care possible, meaning more time is spent with each patient, decreasing the overall number of patients treated daily by each Physician.

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