Radiologist Salary in Waterford, MI: $401,913 (2026)
Quick Answer:A full-time radiologist in Waterford, MI earns a median $401,913/year (≈ $193.23/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1224). Once you factor in Waterford's price level (7% below national, BEA RPP 93.2), that paycheck buys what $431,237 would nationally. Nominal pay sits 2.4% below the Michigan state average.
Based on BLS state-level estimates · View source
In 2026, the median annual compensation for radiologists working in Waterford, MI, is projected to be $401,913. This local estimate, derived from BLS state-level data and adjusted for regional economic factors, falls slightly below the national median of $441,903 for the same year. Salaries in the area can vary significantly, with a wide range from $233,109 at the 10th percentile up to $566,910 for those at the 90th percentile. The contrasting structures of private practice partnerships and hospital employment play a critical role in shaping compensation dynamics in Waterford, impacting the salary landscape for both employed and independent radiologists. Those exploring opportunities will find that the job market offers a mix of environments, each with its own financial implications.
About the Waterford Market
Salary estimated from Michigan average ($380,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $233,109 | $112.08 |
| Lower Range (P25) | $289,377 | $139.13 |
| Median (P50)(typical) | $401,913 | $193.23 |
| Upper Range (P75) | $484,560 | $232.96 |
| Top Earners (P90) | $566,910 | $272.55 |
Median Salary Position
9.05% below the national average
2026 Salary Percentile Distribution in Waterford
In Waterford, MI, the radiologist salary spread from the 10th to 90th percentile is $333,801 (2026 est.). At $401,913, the local median is 9.05% below the national median of $441,903.
Salary Calculator
At 40 hours/week in Waterford: You'd be above the median
How Waterford Radiologist Pay Compares
Waterford median: $401,913/year (2026)
| Compared To | Median Salary | Waterford Pays |
|---|---|---|
| Michigan Average | $411,796 | -2.40% less |
| National Average | $441,903 | -9.05% less |
Radiologists in Waterford, MI earn a median of $401,913 per year (2026 est.), which is 9.05% lower than the national median of $441,903 and 2.40% below the Michigan state average of $411,796.
Cost-of-Living Adjusted Salary
Waterford has a cost of living 6.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Waterford, MI has a cost-of-living index of 93.2 (below the national average of 100). A radiologist earning $401,913 nominally has purchasing power equivalent to $431,237 in an average-cost city — an effective 7.3% boost.
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2021 BLS Actual
$314,909
2025 BLS Actual
$382,774
2026 Current Est.
$401,913
2021–2027 Growth
+34.0%
Salary Trajectory for Radiologists in Waterford (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.00% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $314,909 | Actual |
| 2022 | $330,655 | Actual |
| 2023 | $347,187 | Actual |
| 2024 | $345,612 | Actual |
| 2025 | $382,774 | Actual |
| 2026(current) | $401,913 | Estimated |
| 2027 | $422,008 | Projected |
Based on 5 years of BLS OEWS data for the Waterford metropolitan area, the median radiologist salary grew 21.6% from $314,909 (2021) to $382,774 (2025). At a 5.00% compound annual growth rate, salaries are projected to reach $422,008 by 2027 — a total increase of $107,099 (34.01%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Waterford 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) | $233,109 – $289,377 |
| 3-5 years (Mid Career) | $289,377 – $401,913 |
| 5+ years (Experienced) | $401,913 – $484,560 |
| 10+ years (Top Earner) | $484,560 – $566,910 |
MD, DO salary ranges estimated from BLS percentile data. Individual radiologist compensation varies by employer, certifications, and specialization.
Radiologist Job Market in Waterford
The local employment outlook shows that there are currently 16 radiologists in Waterford, reflecting a stable but competitive job market. The cost-of-living index in the area is 93.2, which is below the national average; this factor boosts purchasing power for radiologists, allowing them to enjoy a relatively favorable lifestyle despite the slightly lower salary figures compared to national rates. Among local employers, private radiology groups usually offer the highest compensation incentives, particularly for those holding partnership stakes or providing specialized interventional radiology services, which often command significant premiums. To maximize earnings potential in Waterford, aspiring radiologists should consider alternative income streams such as teleradiology, seek out partnerships for equity shares in practices, or negotiate for RVU-based bonuses that can significantly increase overall pay. Understanding the nuances of employer types and payment structures is essential in maneuvering through this specific medical market.
More salary data for Waterford, MI:
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 $382,774 for radiologistsin the Waterford 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 Waterford 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