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Average Cardiologists Salary in Connecticut

Cardiologists in Connecticut earn an average annual salary of $414,080. This figure is slightly below the national average of $435,200, suggesting a nuanced compensation landscape. Local economic factors, demand, and the specific healthcare market within Connecticut likely influence this pay rate, making it essential to understand the state's unique financial environment.

Executive Summary

  • Average Salary: $414,080 per year.
  • Growth Trend: Salaries have shifted 34.2% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $621,120.
  • Outlook: Connecticut's market for Cardiologists appears moderately concentrated, with a total local workforce of 260 professionals. The Location Quotient of 1.34 indicates a higher concentration of these specialists compared to the national average, suggesting a stable, albeit not rapidly expanding, demand for their critical services within the state.
2024 Market Data

Salary Overview

$414,080

The average Cardiologists in Connecticut earns-4.9%below the national average.

BreakdownBased on 40h/week
Hourly

$199.1

Weekly

$7,963

Monthly

$34,507

Cardiologists Salary Distribution in Connecticut

Salary progression for Cardiologists in Connecticut is significantly influenced by experience. Entry-level positions typically command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn considerably more. The gap between the lower and higher salary percentiles reflects the substantial career growth and earning potential available within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$76,870$37
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$310,560$149.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$414,086$199.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$517,600$248.8
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$621,120$298.6

Detailed Cardiologists Market Analysis

Relocation Context

Nominal Salary

$414,080

Gross Pay

Real Wage (Purchasing Power)

$366,118

Adjusted for COL (113.1)

While the average annual salary for Cardiologists in Connecticut is $414,080, the state's Cost of Living Index stands at 113.1. This means that the nominal salary, though substantial, needs to be viewed in the context of higher-than-average living expenses, impacting the actual purchasing power of their earnings.

Job Market Context

260

Total Jobs

0.157

Per 1K Jobs

1.34

Location Quotient

Above Average

With a location quotient of 1.34, Connecticut has a slightly higher-than-average concentration of Cardiologists roles compared to the national norm.

With a Location Quotient of 1.34, Connecticut exhibits a higher concentration of Cardiologists than the national average. This suggests a robust presence of these specialists, indicating a competitive market where demand is met by a relatively abundant supply of qualified professionals within the state.

Nearby Job Markets

Nearby Cities for Cardiologists

CitySalaryDist.
Hartford-West Hartford-East Hartford, CT Cardiologists Salary$378,010↓ 9%12 mi

Comparing salaries near Connecticut

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Frequently Asked Questions

How much does a Cardiologists make in Connecticut?

The median annual salary for a Cardiologists in Connecticut is $414,080. This typically ranges from $76,870 for entry-level positions to $621,120 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Connecticut is 4.9% lower than the national median of $435,200.

Is Connecticut a lucrative place for Cardiologists?

Yes, Connecticut offers a lucrative environment for Cardiologists.Cardiologists in Connecticut earn a substantial average salary of $414,080, which, despite being slightly below the national average, is significantly higher than many other professions, especially when considering the state's high concentration of these specialists.

Is Connecticut a good place to live for Cardiologists?

The Cost of Living Index in Connecticut is 113.1. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Connecticut?

Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($378,010) and others.

How does Connecticut's Cardiologist salary compare to the national average?

Cardiologists in Connecticut earn an average of $414,080 annually, which is slightly lower than the national average of $435,200.

What is the concentration of Cardiologists in Connecticut?

Connecticut has a higher concentration of Cardiologists than the national average, indicated by a Location Quotient of 1.34.

How does the cost of living affect a Cardiologist's salary in Connecticut?

Connecticut's Cost of Living Index is 113.1, meaning that the $414,080 average salary has less purchasing power than it would in a location with a lower cost of living.

What is the total number of Cardiologists in Connecticut?

There are approximately 260 Cardiologists employed in Connecticut.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Connecticut area with a job density of 0.157 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Cardiologists • Data source: BLS OEWS 2024 •Jobs in Connecticut