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Average Cardiologists Salary in New York

Cardiologists in New York earn an impressive average annual salary of $381,320, which is notably below the national average of $435,200. This differential is often influenced by a complex interplay of factors including the state's high demand for specialized medical professionals, the concentration of healthcare facilities, and the overall economic landscape that shapes compensation for highly skilled roles.

Executive Summary

  • Average Salary: $381,320 per year.
  • Growth Trend: Salaries have shifted 29.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $571,980.
  • Outlook: The job market for Cardiologists in New York appears robust, indicated by a substantial local workforce of 2,260 professionals. The Location Quotient of 2.03 signifies a significant concentration of these specialists compared to the national average, suggesting a strong and established demand within the state's healthcare system.
2024 Market Data

Salary Overview

$381,320

The average Cardiologists in New York earns-12.4%below the national average.

BreakdownBased on 40h/week
Hourly

$183.3

Weekly

$7,333

Monthly

$31,777

Cardiologists Salary Distribution in New York

Salary progression for Cardiologists in New York typically scales significantly with experience. Entry-level positions may start at lower percentiles, but as professionals gain years of practice, build expertise, and potentially take on leadership roles, their earnings can ascend to the higher percentiles, reflecting the value of accumulated knowledge and skill.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$103,110$49.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$285,990$137.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$381,326$183.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$476,650$229.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$571,980$275

Detailed Cardiologists Market Analysis

Relocation Context

Nominal Salary

$381,320

Gross Pay

Real Wage (Purchasing Power)

$304,812

Adjusted for COL (125.1)

While the nominal salary of $381,320 is substantial, New York's Cost of Living Index of 125.1 means that expenses are approximately 25.1% higher than the national average. This suggests that the purchasing power of a Cardiologist's salary in New York, while still considerable, is somewhat tempered by the elevated cost of living.

Job Market Context

2,260

Total Jobs

0.237

Per 1K Jobs

2.03

Location Quotient

Major Hub

New York has 2.0x the national concentration of Cardiologists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 2.03 indicates that Cardiologists are more than twice as concentrated in New York as they are nationally. This suggests a competitive yet abundant market, where the high demand for their specialized skills is met by a proportionally larger pool of qualified professionals, potentially influencing salary negotiations and job availability.

Nearby Job Markets

Hiring Cardiologistss?

Frequently Asked Questions

How much does a Cardiologists make in New York?

The median annual salary for a Cardiologists in New York is $381,320. This typically ranges from $103,110 for entry-level positions to $571,980 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in New York is 12.4% lower than the national median of $435,200.

Is New York a lucrative place for Cardiologists?

Yes, with caveats.Cardiologists in New York earn a high nominal salary of $381,320. However, this is offset by a cost of living that is 25.1% above the national average, requiring careful financial planning.

Is New York a good place to live for Cardiologists?

The Cost of Living Index in New York is 125.1. While higher than average, this often correlates with higher wages.

How does New York's cardiologist salary compare to the national average?

Cardiologists in New York earn an average of $381,320 annually, which is lower than the national average of $435,200.

What is the concentration of Cardiologists in New York?

New York has a Location Quotient of 2.03 for Cardiologists, meaning they are more than twice as concentrated in the state compared to the national average.

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

With a Cost of Living Index of 125.1, New York is significantly more expensive than the national average, meaning the $381,320 salary has less purchasing power than it might elsewhere.

What does the job market look like for Cardiologists in New York?

The market is robust with a significant workforce of 2,260 and a high concentration (LQ 2.03), indicating strong demand and a substantial presence of these specialists.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,260 employees in the New York area with a job density of 0.237 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 New York