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Physician - Hematology / Oncology Average Salary in United States 2024

How much money does a person working as Physician - Hematology / Oncology make in United States?

Average Yearly Salary
260,000 USD
( 21,700 USD monthly)

All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Physician - Hematology / Oncology in United States typically earns around 260,000 USD. Salaries range from 140,000 USD (lowest) to 392,000 USD (highest).

Salary Variance

This is the average salary including housing, transport, and other benefits. Physician - Hematology / Oncology salaries in United States vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Physician - Hematology / Oncology Pay Scale and Salaries in United States

Median and salary distribution United States Physician - Hematology / Oncology yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
231,000 USD or more
10% of people earn
207,000 to 231,000 USD
20% of people earn
154,000 USD or less
65% of people earn
154,000 to 207,000 USD
Minimum Salary
140,000 USD
232,000 USD
392,000 USD

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Physician - Hematology / Oncology in United States range from 140,000 USD (starting salary) to 392,000 USD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 232,000 USD, half of the professionals who work as Physician - Hematology / Oncology in United States earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Physician - Hematology / Oncology in United States earn less than 194,000 USD, while 75% earn more. Similarly, the chart shows that 75% earn less than 262,000 USD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Physician - Hematology / Oncology in United States compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 154,000 USD to 207,000 USD. About 20% of salaries are below the 154,000 USD mark, while 10% fall within the range of 207,000 USD to 231,000 USD. Only 5% of individuals have salaries exceeding 231,000 USD.

Salary Comparison by Years of Experience / Physician - Hematology / Oncology / United States

How do experience and age affect pay?

0 - 2 Years
163,000 USD
2 - 5 Years+26%
206,000 USD
5 - 10 Years+32%
271,000 USD
10 - 15 Years+18%
319,000 USD
15 - 20 Years+11%
353,000 USD
20+ Years+6%
376,000 USD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly United States Physician - Hematology / Oncology
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Physician - Hematology / Oncology and this is what we found.

All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 163,000 USD.

While someone with an experience level between two and five years is expected to earn 206,000 USD, 26% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 271,000 USD, 32% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 319,000 USD, 18% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 353,000 USD, 11% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 376,000 USD, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary and Compensation Comparison By Gender / Physician - Hematology / Oncology / United States

Salary comparison by gender United States Physician - Hematology / Oncology yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Physician - Hematology / Oncology in United States, the average difference between the salary of male and female employees is 5%.

266,000 USD
253,000 USD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in United States for all Careers

Salary comparison by gender yearly United States
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Average Annual Salary Increment Percentage / Physician - Hematology / Oncology / United States

How much are annual salary increments in United States for individuals working as Physician - Hematology / Oncology? How often do employees get salary raises?

Individuals working as Physician - Hematology / Oncology in United States are likely to observe a salary increase of approximately 13% every 15 months. The national average annual increment for all professions combined is 8% granted to employees every 16 months.

Annual Salary Increment Rate United States Physician - Hematology / Oncology
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

United States / All Professions

Annual Salary Increment Rate United States
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in United States is 6%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Physician - Hematology / Oncology / United States

How much and how often are bonuses being awarded?Annual Salary Bonus Rate United States Physician - Hematology / Oncology
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19% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 81% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.

Received Bonus
No Bonus

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.

What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

A graphics designer working for a graphics designing company.

A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Physician - Hematology / Oncology / United States

120 USD per hour

The average hourly wage (pay per hour) for individuals working as Physician - Hematology / Oncology in United States is 120 USD.This is the rate they get paid for every worked hour.

Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Physician - Hematology / Oncology in United States is 67 USD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Health and Medical-100%
Advanced Nutrition Aide131,000 USD-50%
Advanced Practice Provider128,000 USD-51%
Allergist187,000 USD-28%
Assistant Pathologist125,000 USD-52%
Behavioral Health Specialist107,000 USD-59%
Cardiac Sonographer110,000 USD-58%
Cardiovascular Invasive Specialist395,000 USD+52%
Cardiovascular Perfusionist235,000 USD-10%
Chiropractor115,000 USD-56%
Clinical Psychologist292,000 USD+12%
Correctional Treatment Specialist179,000 USD-31%
Counseling Psychologist224,000 USD-14%
Dermatologist291,000 USD+12%
Diabetologist217,000 USD-16%
Dietitian182,000 USD-30%
Doctor231,000 USD-11%
Emergency and Critical Care Consultant259,000 USD-0%
Emergency Department Physician221,000 USD-15%
Exercise Physiologist218,000 USD-16%
Forensic Pathologist259,000 USD-0%
General Medical Practitioner187,000 USD-28%
Genetic Counselor156,000 USD-40%
Healthcare Practitioner195,000 USD-25%
Internist288,000 USD+11%
Interventionist285,000 USD+10%
Invasive Cardiologist391,000 USD+50%
Lifestyle Medicine Expert159,000 USD-39%
Medical Massage Therapist106,000 USD-59%
Mental Health Therapst161,000 USD-38%
Naturopathic Physician278,000 USD+7%
Neurologist297,000 USD+14%
Neurophysiology Technologist85,400 USD-67%
Neuroscientist285,000 USD+10%
Nuclear Medicine Physician256,000 USD-1%
Obstetrician / Gynecologist268,000 USD+3%
Occupational Health Safety Specialist130,000 USD-50%
Ophthalmologist204,000 USD-21%
Optometrist201,000 USD-23%
Pediatrician238,000 USD-8%
Physical Therapist153,000 USD-41%
Physical Therapy Director182,000 USD-30%
Physician - Anesthesiology350,000 USD+35%
Physician - Cardiology349,000 USD+34%
Physician - CCU204,000 USD-21%
Physician - Dermatology296,000 USD+14%
Physician - Emergency Room207,000 USD-20%
Physician - Endocrinology272,000 USD+5%
Physician - Family Practice195,000 USD-25%
Physician - Gastroenterology272,000 USD+5%
Physician - Generalist203,000 USD-22%
Physician - Geriatrics180,000 USD-31%
Physician - Hematology / Oncology260,000 USD+0%
Physician - Immunology / Allergy285,000 USD+10%
Physician - Infectious Disease250,000 USD-4%
Physician - Internal Medicine314,000 USD+21%
Physician - Maternal / Fetal Medicine234,000 USD-10%
Physician - Nephrology295,000 USD+14%
Physician - Neurology304,000 USD+17%
Physician - Nuclear Medicine240,000 USD-8%
Physician - Obstetrics / Gynecology262,000 USD+1%
Physician - Occupational Medicine208,000 USD-20%
Physician - Ophthalmology182,000 USD-30%
Physician - Otolaryngology176,000 USD-32%
Physician - Pain Medicine169,000 USD-35%
Physician - Pathology221,000 USD-15%
Physician - Pediatric Cardiology255,000 USD-2%
Physician - Pediatric Neonatology251,000 USD-3%
Physician - Pediatrics233,000 USD-10%
Physician - Physiatry237,000 USD-9%
Physician - Podiatry224,000 USD-14%
Physician - Pulmonary Medicine182,000 USD-30%
Physician - Radiation Therapy307,000 USD+18%
Physician - Radiology286,000 USD+10%
Physician - Rheumatology260,000 USD+0%
Physician - Sports Medicine265,000 USD+2%
Physician - Urology319,000 USD+23%
Physician Assistant154,000 USD-41%
Physiotherapist176,000 USD-32%
Podiatrist183,000 USD-30%
Preventive Medicine Physician220,000 USD-15%
Psychiatrist255,000 USD-2%
Psychololgist264,000 USD+2%
Psychometrician211,000 USD-19%
Public Health Physician192,000 USD-26%
Pulmonologist246,000 USD-5%
Radiologist274,000 USD+5%
Registered Dietitian185,000 USD-29%
Registered Respiratory Therapist156,000 USD-40%
Skin Care Specialist141,000 USD-46%
Telemedicine Physician170,000 USD-35%
Urologist342,000 USD+32%
Virtual / Augmented Reality Therapist102,000 USD-61%
Vision Rehabilitation Therapist163,000 USD-37%

Salary Comparison By City

CityAverage Salary
Boston258,000 USD
Chicago309,000 USD
Houston283,000 USD
Las Vegas252,000 USD
Los Angeles313,000 USD
New York304,000 USD
San Francisco275,000 USD
San Jose286,000 USD

Salary Comparison By State

StateAverage Salary
Alabama263,000 USD
Alaska227,000 USD
Arizona267,000 USD
Arkansas244,000 USD
California276,000 USD
Colorado246,000 USD
Connecticut261,000 USD
Delaware240,000 USD
District of Columbia232,000 USD
Florida286,000 USD
Georgia278,000 USD
Hawaii235,000 USD
Idaho232,000 USD
Illinois271,000 USD
Indiana256,000 USD
Iowa259,000 USD
Kansas256,000 USD
Kentucky261,000 USD
Louisiana258,000 USD
Maine235,000 USD
Maryland263,000 USD
Massachusetts260,000 USD
Michigan267,000 USD
Minnesota249,000 USD
Mississippi256,000 USD
Missouri272,000 USD
Montana238,000 USD
Nebraska243,000 USD
Nevada246,000 USD
New Hampshire233,000 USD
New Jersey268,000 USD
New Mexico235,000 USD
New York271,000 USD
North Carolina261,000 USD
North Dakota233,000 USD
Ohio285,000 USD
Oklahoma256,000 USD
Oregon254,000 USD
Pennsylvania278,000 USD
Rhode Island226,000 USD
South Carolina250,000 USD
South Dakota221,000 USD
Tennessee254,000 USD
Texas296,000 USD
Utah249,000 USD
Vermont228,000 USD
Virginia274,000 USD
Washington269,000 USD
West Virginia236,000 USD
Wisconsin255,000 USD
Wyoming214,000 USD

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in United States is 5% on average across all career fields.

Private Sector
92,800 USD
Public Sector+5%
97,500 USD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Physician - Hematology / Oncology in United States?

A good and competitive compensation would range anywhere between 232,000 USD and 262,000 USD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Physician - Hematology / Oncology in United States ranges from 140,000 USD to 194,000 USD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

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