SalaryNode

Average Radiologists Salary in Michigan

Radiologists in Michigan earn an impressive average annual salary of $414,550. While a national average isn't provided for direct comparison, this figure suggests a strong compensation package within the state. Factors such as the specialized nature of radiology, demand within Michigan's healthcare system, and the state's economic landscape likely contribute to this robust salary.

Executive Summary

  • Average Salary: $414,550 per year.
  • Growth Trend: Salaries have shifted 58.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $621,825.
  • Outlook: Michigan's radiology job market appears stable, with a total local workforce of 340 professionals. The Location Quotient of 0.46 indicates a slightly lower concentration of radiologists compared to the national average, suggesting a steady but not oversaturated demand for these specialized medical professionals.
2024 Market Data

Salary Overview

$414,550

The average Radiologists in Michigan earns-0.0%below the national average.

BreakdownBased on 40h/week
Hourly

$199.3

Weekly

$7,972

Monthly

$34,546

Radiologists Salary Distribution in Michigan

Salary progression for radiologists in Michigan 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 substantially more. The widening gap between entry-level and senior-level salaries reflects clear career advancement opportunities and the increasing value placed on expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$205,000$98.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$310,913$149.5
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$414,544$199.3
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$518,188$249.1
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$621,825$299

Detailed Radiologists Market Analysis

Relocation Context

Nominal Salary

$414,550

Gross Pay

Real Wage (Purchasing Power)

$457,561

Adjusted for COL (90.6)

The average annual salary of $414,550 in Michigan presents a highly favorable financial situation when considering the local Cost of Living Index of 90.6. This index is below the national average of 100, meaning that the purchasing power of a radiologist's salary in Michigan is greater than the national average, allowing for a higher standard of living.

Job Market Context

340

Total Jobs

0.078

Per 1K Jobs

0.46

Location Quotient

Low Concentration

At 0.46x, Michigan has a notably lower concentration of Radiologists jobs than the national average. Opportunities in this area are relatively scarce for this profession.

With a Location Quotient of 0.46, Michigan has a lower concentration of radiologists relative to the national average. This suggests that while the demand exists, the market is not saturated, potentially offering good opportunities for new entrants and experienced professionals alike. It indicates a balanced market where skilled radiologists are valued.

Nearby Job Markets

Hiring Radiologistss?

Frequently Asked Questions

How much does a Radiologists make in Michigan?

The median annual salary for a Radiologists in Michigan is $414,550. This typically ranges from $205,000 for entry-level positions to $621,825 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Michigan is 0.0% lower than the national median of N/A.

Is Michigan a lucrative place for Radiologists?

Yes, Michigan offers a lucrative environment for Radiologists.The average annual salary of $414,550 is substantial, and the cost of living being below the national average further enhances the financial attractiveness of practicing radiology in the state.

Is Michigan a good place to live for Radiologists?

With a Cost of Living Index of 90.6 (lower than the national average of 100), your salary goes further here.

What is the average salary for a Radiologist in Michigan?

The average annual salary for a Radiologist in Michigan is $414,550.

How does Michigan's cost of living compare to the national average?

Michigan's cost of living is 9.4% lower than the national average, with an index of 90.6 compared to the national baseline of 100.

Is the job market for Radiologists strong in Michigan?

The market appears stable with a total workforce of 340 and a Location Quotient of 0.46, indicating steady demand without oversaturation.

How does experience impact a Radiologist's salary in Michigan?

Experience plays a crucial role, with significant salary increases expected from entry-level to senior positions, reflecting career progression and specialized expertise.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 340 employees in the Michigan area with a job density of 0.078 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Radiologists • Data source: BLS OEWS 2024 •Jobs in Michigan