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Average Cardiologists Salary in Tennessee

Cardiologists in Tennessee are earning an impressive average annual salary of $480,980, substantially exceeding the national average of $435,200. This elevated compensation reflects the specialized nature of cardiac care and potentially the demand within the state's healthcare system. Factors such as the concentration of healthcare facilities and the specific needs of the Tennessee population likely contribute to this higher pay scale.

Executive Summary

  • Average Salary: $480,980 per year.
  • Growth Trend: Salaries have shifted 40.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $721,470.
  • Outlook: With a total local workforce of 570 Cardiologists, Tennessee demonstrates a notable presence in this critical medical field. The Location Quotient of 1.48 indicates that Cardiologists are more concentrated in Tennessee than the national average, suggesting a robust demand or a strategic focus on cardiovascular services within the state. This concentration, coupled with the number of jobs per 1,000 workers, points to a stable and potentially growing job market for these specialists.
2024 Market Data

Salary Overview

$480,980

The average Cardiologists in Tennessee earns+10.5%above the national average.

BreakdownBased on 40h/week
Hourly

$231.2

Weekly

$9,250

Monthly

$40,082

Cardiologists Salary Distribution in Tennessee

The career trajectory for Cardiologists in Tennessee offers significant earning potential, with salaries scaling considerably with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and a proven track record can expect to reach the higher end of the pay scale. The gap between entry-level and senior-level salaries, often reflected in salary percentile data, signifies clear opportunities for career advancement and increased earning capacity within the state.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$134,650$64.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$360,735$173.4
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$480,979$231.2
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$601,225$289.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$721,470$346.9

Detailed Cardiologists Market Analysis

Relocation Context

Nominal Salary

$480,980

Gross Pay

Real Wage (Purchasing Power)

$532,058

Adjusted for COL (90.4)

The average annual salary of $480,980 in Tennessee presents a highly favorable financial situation when considering the local cost of living. With a Cost of Living Index of 90.4, Tennessee is approximately 9.6% more affordable than the national average. This means that the substantial Cardiologist salary offers a significantly higher purchasing power and a greater disposable income for professionals residing in the state, making it an economically attractive location.

Job Market Context

570

Total Jobs

0.173

Per 1K Jobs

1.48

Location Quotient

Above Average

With a location quotient of 1.48, Tennessee has a slightly higher-than-average concentration of Cardiologists roles compared to the national norm.

Tennessee's Location Quotient of 1.48 for Cardiologists signifies a market where this specialty is more prevalent than the national average. This suggests a strong presence and potentially a higher demand for cardiovascular expertise within the state's healthcare infrastructure. While not indicating a shortage, this concentration implies a well-established network of cardiac care services and a competitive environment where skilled Cardiologists are valued.

Nearby Job Markets

Hiring Cardiologistss?

Frequently Asked Questions

How much does a Cardiologists make in Tennessee?

The median annual salary for a Cardiologists in Tennessee is $480,980. This typically ranges from $134,650 for entry-level positions to $721,470 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Tennessee is 10.5% higher than the national median of $435,200.

Is Tennessee a lucrative place for Cardiologists?

Yes, Tennessee is a highly lucrative place for Cardiologists.Cardiologists in Tennessee earn significantly above the national average salary, and the state's cost of living is below the national average, increasing purchasing power.

Is Tennessee a good place to live for Cardiologists?

With a Cost of Living Index of 90.4 (lower than the national average of 100), your salary goes further here.

How does Tennessee's cost of living compare to the national average for Cardiologists?

Tennessee's cost of living index is 90.4, which is below the national average of 100, meaning your salary as a Cardiologist will likely stretch further in Tennessee.

What is the concentration of Cardiologists in Tennessee?

The Location Quotient for Cardiologists in Tennessee is 1.48, indicating that the concentration of these professionals is 48% higher than the national average.

How many Cardiologists are there in Tennessee?

There are approximately 570 Cardiologists working in Tennessee, forming a significant portion of the state's specialized medical workforce.

Are job prospects good for Cardiologists in Tennessee?

With a Location Quotient above 1.0 and a substantial workforce, the job market for Cardiologists in Tennessee appears robust, suggesting good demand for their specialized skills.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Tennessee area with a job density of 0.173 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.