Entry-Level Radiologist Salary in Franklin, NJ: $345,437 (2026)
Quick Answer:New radiologists entering the Franklin, NJ job market in 2026 can expect a starting salary around $345,437 (BLS 10th-percentile benchmark for SOC 29-1224, projected from 2025 OEWS data). Stripping out Franklin's local price level (BEA RPP 115.2 — 15% above national), a first-year paycheck buys what $299,859 would in average-cost America. Most reach the city median ($595,582) within a few years of clinical practice.
Based on BLS state-level estimates · View source
Graduates entering the field of radiology in Franklin, New Jersey, can expect a starting salary around $345,437 in 2026. While this is significantly lower than the city median salary of $595,582, it represents a substantial entry point within the medical field. Early-career radiologists have the potential for growth as they gain experience, with salaries projected to reach $428,819 at the 25th percentile within a few years. This upward trajectory illustrates that Franklin is currently a promising market for new graduates, promising further financial advancement as they establish their careers and accumulate professional expertise.
About the Franklin Market
Salary estimated from New Jersey average ($405,000) adjusted for local cost of living.
Career Earnings Timeline in Franklin
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Franklin
Entry-level radiologists in Franklin, NJ typically start between $345,437 and $428,819 per year (2026 est.). The full salary range spans $479,212 from the 10th to 90th percentile, with the local median at $595,582 — 34.78% above the national median.
Return on Investment
The average radiology program cost in New Jersey of $340,000 represents just 98.43% of the starting radiologist pay ($345,437/year) in Franklin. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates based on AAMC tuition reports for LCME-accredited MD programs and COCA-accredited DO programs plus ACGME-accredited diagnostic radiology residency data. Totals reflect 4 years of medical school tuition, fees, and living expenses. Residency is salaried but adds opportunity cost; subspecialty fellowships add 1-2 additional years.
MD, DO Salary Negotiation Tips for New Graduates in Franklin
- 1Research the Franklin market: entry-level radiologist pay ranges from $345,437 to $428,819, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the radiology field — employers in NJ often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Franklin, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Franklin for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Factor in Franklin's above-average cost of living (index: 115.2) when evaluating offers — a slightly lower salary in a nearby affordable area may provide better purchasing power.
Radiologist Compensation Range
The radiologist wage spread in Franklin is $479,212 ( 138.73%) between entry-level and top earners. Starting at $345,437, experienced hygienists can earn up to $824,649.
Represents the current salary spread across experience levels, not projected career growth rate.
2021 BLS Actual
$291,177
2025 BLS Actual
$328,988
2026 Current Est.
$345,437
2021–2027 Growth
+24.6%
Salary Trajectory for Radiologists in Franklin (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.00% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $291,177 | Actual |
| 2022 | $286,705 | Actual |
| 2023 | $294,799 | Actual |
| 2024 | $274,339 | Actual |
| 2025 | $328,988 | Actual |
| 2026(current) | $345,437 | Estimated |
| 2027 | $362,709 | Projected |
Entry-level radiologist compensation (10th percentile) in Franklin, NJ grew 13.0% over 5 years based on actual BLS metropolitan area surveys, rising from $291,177 in 2021 to $328,988 in 2025. By 2027, starting salaries are projected to reach $362,709. New graduates entering the Franklin job market can expect continued year-over-year gains.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Franklin metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 5.00% CAGR derived from 5-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your radiology Career in Franklin
In Franklin, various employers actively seek new graduate radiologists, providing a range of job opportunities that can influence starting pay. Academic medical centers offer a breadth of subspecialty training and often cultivate fellowship pipelines, while large private partnerships typically hire straight from residency, with a path to partnership within 2-3 years. Teleradiology firms are increasingly popular, providing flexible plans for those interested in remote work. Credentials play a pivotal role in enhancing starting salaries; obtaining an MD or DO degree followed by completing a diagnostic radiology residency, ABR board certification, and optional subspecialty fellowships can increase marketability. In the first few years, newly minted radiologists can anticipate salary growth that typically aligns with industry shifts toward either private partnerships or hospital-based positions, which currently range from $400,000 to well into the mid-$500,000s. Understanding the evolving partnership landscape in radiology, particularly with recent private equity acquisitions reshaping practice dynamics, is crucial for making informed career decisions in this field.
More salary data for Franklin, NJ:
Frequently Asked Questions
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Written by Dr. Maria Chen, MD
Career Analyst
Dr. Chen has 10 years of experience in diagnostic radiology. She specializes in imaging techniques for oncology. She works at a regional medical center.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new radiology graduates. A 5.00% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Franklin. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Franklin is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 5.00%, derived from historical BLS wage trends for radiologists (SOC 29-1224).
Compiled and verified by Dr. Maria Chen, MD, a licensed radiologist with 10+ years of clinical experience. · View source data at BLS.gov