Radiologists often rely upon radiation-based images like X-rays.
Radiologists are physicians who specialize in the use of radiation for medical treatments. Radiologists and other physicians who specialize in a particular area of medicine tend to make more annually than general practitioners. The average annual salary for radiologists and other physicians varies by employer and location.
Pay Scale
The median annual salary of radiologists was $403,488, as of May 2011, according to Salary.com. The majority of radiologists averaged somewhere between $335,534 and $456,202 annually, as of 2011. Salary.com notes that radiologists at the lower end of the pay scale made an average salary of $273,665 in 2011, while the highest paid radiologists made more than $504,196 per year.
Industry Comparison
The average salary of radiologists is much higher than the average salary for most other physicians and surgeons. According to the Bureau of Labor Statistics, the average salary of these doctors was $180,870 per year, as of May 2010. The average salary for other high-paid medical doctors like anesthesiologists was $220,100 per year as of May 2010. The highest reported pay was from physicians working in medical and diagnostic laboratories, with an average annual salary of $230,340 per year.
Location
Location also factors into the pay of radiologists and other physicians. For example, the BLS reports that the top-paying states for physicians and surgeons in 2010 were Minnesota, Nevada and South Dakota, with salaries of $225,410, $223,350 and $222,780, respectively. A comparison of the salary of radiologists in Minneapolis confirms that salaries in Minnesota appear to be higher than the national median salary. Radiologists in Minneapolis made a median salary of $425,276 in 2011, according to Salary.com.
Job Outlook
According to the BLS, the number of jobs for physicians is expected to grow by 22 percent from 2008 to 2018. The increased need for physicians' services is expected to grow due, in part, to the increased medical needs of the aging population. The bureau also notes that there will be high demand for increased use of advanced technologies and diagnostic tests. This means that physicians like radiologists should be in high demand as technology continues to advance.
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