Radiologist Salary in Franklin, NJ: $595,582 (2026)
Quick Answer:A full-time radiologist in Franklin, NJ earns a median $595,582/year (≈ $286.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1224). Once you factor in Franklin's price level (15% above national, BEA RPP 115.2), that paycheck buys what $516,998 would nationally. Nominal pay sits 1.4% above the New Jersey state average.
Based on BLS state-level estimates · View source

Projected for 2026, radiologists in Franklin, New Jersey, can anticipate a median annual salary of $595,582, significantly higher than the national median of $441,903, marking a 34.78% increase. The salary range reveals substantial variation, from $345,437 at the 10th percentile to $824,649 at the 90th percentile, indicating diverse levels of compensation based on experience and practice setting. These estimates, derived from 2025 BLS data adjusted for regional price parities, highlight Franklin’s lucrative market, driven in part by the thriving teleradiology sector. With remote work and additional side-income opportunities available, many professionals find effective hourly rates improve substantially, bolstering the overall allure of working in this dynamic landscape.
About the Franklin Market
Salary estimated from New Jersey average ($405,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $345,437 | $166.08 |
| Lower Range (P25) | $428,819 | $206.17 |
| Median (P50)(typical) | $595,582 | $286.33 |
| Upper Range (P75) | $710,622 | $341.65 |
| Top Earners (P90) | $824,649 | $396.47 |
Median Salary Position
34.78% above the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, NJ, the radiologist salary spread from the 10th to 90th percentile is $479,212 (2026 est.). At $595,582, the local median is 34.78% 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: $595,582/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| New Jersey Average | $587,359 | +1.40% more |
| National Average | $441,903 | +34.78% more |
Radiologists in Franklin, NJ earn a median of $595,582 per year (2026 est.), which is 34.78% higher than the national median of $441,903 and 1.40% above the New Jersey state average of $587,359.
Cost-of-Living Adjusted Salary
Franklin has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Franklin, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $595,582 is competitive, the higher cost of living reduces purchasing power to an effective $516,998 — a 13.19% reduction.
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2021 BLS Actual
$466,654
2025 BLS Actual
$567,221
2026 Current Est.
$595,582
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 | $466,654 | Actual |
| 2022 | $489,987 | Actual |
| 2023 | $514,486 | Actual |
| 2024 | $472,998 | Actual |
| 2025 | $567,221 | Actual |
| 2026(current) | $595,582 | Estimated |
| 2027 | $625,361 | Projected |
Based on 5 years of BLS OEWS data for the Franklin metropolitan area, the median radiologist salary grew 21.6% from $466,654 (2021) to $567,221 (2025). At a 5.00% compound annual growth rate, salaries are projected to reach $625,361 by 2027 — a total increase of $158,707 (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) | $345,437 – $428,819 |
| 3-5 years (Mid Career) | $428,819 – $595,582 |
| 5+ years (Experienced) | $595,582 – $710,622 |
| 10+ years (Top Earner) | $710,622 – $824,649 |
MD, DO salary ranges estimated from BLS percentile data. Individual radiologist compensation varies by employer, certifications, and specialization.
Radiologist Job Market in Franklin
The job market in Franklin currently employs 15 radiologists, presenting a moderately sized but competitive environment for practitioners. The cost of living index at 115.2 implies that take-home pay may not stretch as far as in other regions; thus, higher salaries are required to maintain an appropriate standard of living. Among the primary employers in the area, private equity-backed radiology groups might typically offer the most favorable compensation packages compared to hospital systems or academic centers. The variation in salaries often stems from factors such as RVU productivity, the demand for subspecialties like Interventional Radiology, and the distinctions in compensation between W-2 and partnership models. For optimal earnings, radiologists in Franklin should consider diversifying their practice with teleradiology roles, which often provide additional income avenues, and developing subspecialty skills that enhance marketability and salary potential.
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
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 $567,221 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