Radiologist Salary in Franklin, IN: $453,149 (2026)
Quick Answer:A full-time radiologist in Franklin, IN earns a median $453,149/year (≈ $217.86/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1224). Once you factor in Franklin's price level (9% below national, BEA RPP 91.3), that paycheck buys what $496,330 would nationally. Nominal pay sits 1.7% below the Indiana state average.
Based on BLS state-level estimates · View source
Radiologists in Franklin, Indiana, can expect a median annual salary of $453,149 in 2026, placing them slightly above the national median of $441,903 for the same year. The local salary range varies significantly, with earnings projected to fall between $262,827 at the 10th percentile and $615,362 at the 90th percentile. These estimates are drawn from state-level data and include adjustments for regional cost-of-living factors. Different subspecialties, such as interventional radiology (IR), general diagnostic radiology, and breast imaging, contribute to this salary variability, encouraging some radiologists to focus on higher-paying niches to maximize their earnings in the Franklin market.
About the Franklin Market
Salary estimated from Indiana average ($370,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $262,827 | $126.36 |
| Lower Range (P25) | $326,267 | $156.86 |
| Median (P50)(typical) | $453,149 | $217.86 |
| Upper Range (P75) | $536,618 | $257.99 |
| Top Earners (P90) | $615,362 | $295.85 |
Median Salary Position
2.54% above the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, IN, the radiologist salary spread from the 10th to 90th percentile is $352,535 (2026 est.). At $453,149, the local median is 2.54% above the national median of $441,903.
Salary Calculator
At 40 hours/week in Franklin: You'd be above the median
How Franklin Radiologist Pay Compares
Franklin median: $453,149/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| Indiana Average | $460,985 | -1.70% less |
| National Average | $441,903 | +2.54% more |
Radiologists in Franklin, IN earn a median of $453,149 per year (2026 est.), which is 2.54% higher than the national median of $441,903 and 1.70% below the Indiana state average of $460,985.
Cost-of-Living Adjusted Salary
Franklin has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Franklin, IN has a cost-of-living index of 91.3 (below the national average of 100). A radiologist earning $453,149 nominally has purchasing power equivalent to $496,330 in an average-cost city — an effective 9.53% boost.
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2021 BLS Actual
$355,054
2025 BLS Actual
$431,570
2026 Current Est.
$453,149
2021–2027 Growth
+34.0%
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 | $355,054 | Actual |
| 2022 | $372,806 | Actual |
| 2023 | $391,447 | Actual |
| 2024 | $332,093 | Actual |
| 2025 | $431,570 | Actual |
| 2026(current) | $453,149 | Estimated |
| 2027 | $475,806 | Projected |
Based on 5 years of BLS OEWS data for the Franklin metropolitan area, the median radiologist salary grew 21.6% from $355,054 (2021) to $431,570 (2025). At a 5.00% compound annual growth rate, salaries are projected to reach $475,806 by 2027 — a total increase of $120,752 (34.01%) from 2021.
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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $262,827 – $326,267 |
| 3-5 years (Mid Career) | $326,267 – $453,149 |
| 5+ years (Experienced) | $453,149 – $536,618 |
| 10+ years (Top Earner) | $536,618 – $615,362 |
MD, DO salary ranges estimated from BLS percentile data. Individual radiologist compensation varies by employer, certifications, and specialization.
Radiologist Job Market in Franklin
In terms of job market dynamics, only six radiologists are currently employed in Franklin, creating a competitive yet limited environment. With a cost-of-living index at 91.3, physicians in Franklin enjoy a lower overall living expense that enhances their purchasing power, despite the initially lower salary figures relative to larger metropolitan areas. The highest-paying opportunities are typically found within hospital-employed radiology departments and private practice partnerships, with interventional radiologists earning a premium due to the demand for their specialized skills. Factors such as RVU productivity, partnership equity stake, coverage of evening and weekend shifts, and potential teleradiology side incomes significantly influence compensation disparities. For those aiming to increase their earnings, focusing on subspecialty training, pursuing partnership roles, or exploring teleradiology opportunities may yield the best financial outcomes in the Franklin, IN job market.
More salary data for Franklin, IN:
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
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 BLS reported a median annual salary of $431,570 for radiologistsin the Franklin metropolitan area. A 5.00% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
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