What Is a Hematologist's Salary?
- Hematologists earned a median salary of $315,133 per year in 2009, according to the Physician Compensation Survey conducted by the American Medical Group Association. This salary was approximately double the median salary noted by the Bureau of Labor Statistics (BLS) for physicians in its "all other" category listing for 2010. Physicians and surgeons nationwide earned median salaries of $166,400 per year, according to the bureau.
- Starting salaries for those in the field of hematology are also higher than the starting salaries for many other fields of medicine. The American Medical Group Association's survey indicates that hematologists earned a median starting salary of $230,366 in 2009. This was higher than other more general fields, like family medicine, where physicians only earned $144,990 per year. Hematologists did earn less than others, in fields like cardiac and thoracic surgery, who made median salaries of $350,000.
- Salaries for hematologists vary by location. A survey of hematologists' salaries in 10 major U.S. cities by the Economic Research Institute indicates a range of average salaries from $221,675 to $383,313 per year, as of 2011. The institute indicates that hematologists working in Atlanta made an average salary of $383,313, while those working in Chicago reported the lowest average salary at $221,675 per year. Hematologists in Charlotte were also near the top of the list with an average salary of $371,729, as were hematologists working in Indianapolis, who made an average of $373,823. New York City hematologists made $256,077, by comparison, while those working in Houston brought home an average of $253,823.
- Physicians and surgeons across all different medical specialties will experience excellent job prospects in the decade from 2008 to 2018, according to the BLS. The bureau indicates that jobs for physicians and surgeons will grow by 22 percent during this time frame. The growth of the population and the increased number of elderly people will bring about the need for more physicians in all fields. Those in the hematology field will likely benefit the most from the increased size of the elderly population, as many cancers and other blood disorders emerge as side effects of aging.
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