The average salary of hematologist-oncologist in US is $274,859.
A hematologist oncologist is a physician who diagnoses, treats and helps prevent diseases and cancers of the blood, including hemophilia, anemia, leukemia, lymphoma, and sickle-cell disease. These physicians are trained in oncology, the study of cancer, and hematology, the study of blood. Hematology oncology is a very specialized field, and physicians who choose this career path earn a very high salary.
Median hematologist oncologist salary
- $274,859 per year
- $132 per hour
A hematologist oncologist earns a median salary of $274,859 a year, or $132 per hour. This number represents the midpoint of all salaries for this occupation – not the average. The median salary provides an accurate representation of what a typical physician in this field will earn.
Salary range for middle 50% of hematologist oncologists
- $106 – $168 per hour
The salary range for the middle 50% of hematologist oncologists provides a more thorough outlook on how much most physicians in this specialization will earn. To calculate this range, the bottom and top 25% of earners must be eliminated. The range for a hematologist oncologist is $221,189-$349,043 a year, or $106-$168 an hour.
Lowest and highest salary
- Lowest – $172,326 ($83/hour)
- Highest – $416,583 ($200/hour)
When hematologist oncologists enter the field, they will typically earn a salary that is close to the bottom 10th percentile, which is $172,326. Those who have many decades of experience and are at the highest point in their career will earn $416,583 or more.
The total salary package
Hematologist oncologists are also awarded many benefits and bonuses throughout the year, which boosts their income even higher. Benefits may include health insurance, pension plans, retirement plans, social security and paid time off. The total salary package for a hematologist oncologist is roughly $369,658 a year.
Cities with the highest paid hematologist oncologists
- Hematologist oncologists in Boston, Massachusetts earn a salary of $296,848 a year.
- Hematologist oncologists in Washington, District of Columbia make $303,444 annually.
- Hematologist oncologists in Los Angeles, California earn an annual salary of $301,355.
- Hematologist oncologists in Atlanta, Georgia make $277,195 per year.
States with the highest paid hematologist oncologists
The Bureau of Labor Statistics does not reveal the top paying states for the hematology oncology occupation. However, a look at the top paying cities can provide an idea of which states will likely pay higher salaries. These states include:
- District of Columbia
- New York
Factors affecting hematology oncology salaries
There are many factors that will play a role in how much a hematologist oncologist earns each year. Experience, location and industry are just a few of these factors.
Experience is important in any field, but it’s especially important in the hematology oncology field. Physicians with many years of experience offer invaluable expertise and diagnostic skills. These individuals are rewarded with a higher salary that can reach over $400,000 per year.
Location of employment is also a factor. Hematologists who work in Los Angeles, California will likely earn a higher salary than someone working in a small town in the same state. Generally, high populous cities and states will offer higher salaries. Cities with some of the best hospitals in the country, such as Boston, Washington and Atlanta, will offer the highest pay in the industry.
Training and certification requirements for hematologist oncologists
Because hematologist oncologists are physicians, they must undergo the typical route of earning an undergraduate degree and entering medical school. Training doesn’t stop here as budding hematologist oncologists are then required to complete a residency program and fellowship.
First, a bachelor’s degree must be earned from an accredited university. No specific major is required, but courses must be taken in biology, chemistry, mathematics and physics. After earning a bachelor’s degree, students must apply to medical school.
Medical school takes approximately four years to complete. The first two years will generally be spent in the classroom. Courses will include microbiology, physiology, pathology and anatomy. The final two years are spent doing clinical work and interacting with live patients. At this stage, students are not required to take courses in hematology or oncology, but taking electives in courses related to these disciplines is recommended.
Next, students will move on to a three-year residency program. This program will provide students with practical knowledge and skills on how to treat adults. Those who wish to treat adults will choose a residency program in internal medicine, while those who want to treat children will choose a residency program in pediatrics.
Finally, a fellowship program must be completed. These programs take at least two years to complete. Some programs will offer clinical work, while others will be more research-based.
Once the fellowship is complete, students must pass the appropriate certifying exams in order to become a licensed hematologist oncologist.
Altogether, hematologist oncologists will have to undergo over a decade of training before they can become licensed to practice
International Hematologist Oncologist Salaries
£37,176 – £69,325 in the U.K.
C$175,629– C$439,158 in Canada
AU$200,004 in Australia