Radiologist Salary in Summit, NJ: $547,477 (2026)
Quick Answer:A full-time radiologist in Summit, NJ earns a median $547,477/year (≈ $263.21/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1224). Once you factor in Summit's price level (15% above national, BEA RPP 115.2), that paycheck buys what $475,240 would nationally. Nominal pay sits 6.8% below the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, radiologist salaries in Summit, NJ, are projected to reach a robust median of $547,477, which is significantly higher than the national median of $441,903. This figure reflects local estimates based on 2025 BLS data, adjusted for regional cost considerations. The salary range for radiologists in this area spans from $317,537 at the 10th percentile to $731,745 at the 90th percentile, indicating a diverse compensation structure that caters to varying levels of experience and specialization. With the increasing demand for teleradiology services contributing to total income potential, effective hourly compensation for radiologists in Summit can be notably enhanced through night and weekend coverage opportunities. Given the competitive market for radiologists in the area, job openings may be influenced by factors such as subspecialty needs and practice settings.
About the Summit Market
Salary estimated from New Jersey average ($405,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $317,537 | $152.66 |
| Lower Range (P25) | $394,184 | $189.51 |
| Median (P50)(typical) | $547,477 | $263.21 |
| Upper Range (P75) | $623,339 | $299.68 |
| Top Earners (P90) | $731,745 | $351.80 |
Median Salary Position
23.89% above the national average
2026 Salary Percentile Distribution in Summit
In Summit, NJ, the radiologist salary spread from the 10th to 90th percentile is $414,208 (2026 est.). At $547,477, the local median is 23.89% above the national median of $441,903.
Salary Calculator
At 40 hours/week in Summit: You'd be above the median
How Summit Radiologist Pay Compares
Summit median: $547,477/year (2026)
| Compared To | Median Salary | Summit Pays |
|---|---|---|
| New Jersey Average | $587,422 | -6.80% less |
| National Average | $441,903 | +23.89% more |
Radiologists in Summit, NJ earn a median of $547,477 per year (2026 est.), which is 23.89% higher than the national median of $441,903 and 6.80% below the New Jersey state average of $587,422.
Cost-of-Living Adjusted Salary
Summit has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Summit, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $547,477 is competitive, the higher cost of living reduces purchasing power to an effective $475,240 — a 13.19% reduction.
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2021 BLS Actual
$428,963
2025 BLS Actual
$521,407
2026 Current Est.
$547,477
2021–2027 Growth
+34.0%
Salary Trajectory for Radiologists in Summit (2021–2027)
2021–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.00% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2021 | $428,963 | Actual |
| 2022 | $450,411 | Actual |
| 2023 | $472,932 | Actual |
| 2024 | $434,795 | Actual |
| 2025 | $521,407 | Actual |
| 2026(current) | $547,477 | Estimated |
| 2027 | $574,851 | Projected |
Based on 5 years of BLS OEWS data for the Summit metropolitan area, the median radiologist salary grew 21.6% from $428,963 (2021) to $521,407 (2025). At a 5.00% compound annual growth rate, salaries are projected to reach $574,851 by 2027 — a total increase of $145,888 (34.01%) from 2021.
Note: Historical values (2021–2025) are actual BLS OEWS figures for the Summit 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) | $317,537 – $394,184 |
| 3-5 years (Mid Career) | $394,184 – $547,477 |
| 5+ years (Experienced) | $547,477 – $623,339 |
| 10+ years (Top Earner) | $623,339 – $731,745 |
MD, DO salary ranges estimated from BLS percentile data. Individual radiologist compensation varies by employer, certifications, and specialization.
Radiologist Job Market in Summit
The local job market for radiologists in Summit features five professionals currently employed, providing a tight-knit community that can impact the availability of positions. With a cost-of-living index of 115.2, take-home pay can feel different when weighed against local expenses. The highest salaries are found within private radiology practices, particularly for those who secure partnership equity, as opposed to typical W-2 employment in hospital settings. Factors driving differences in compensation include RVU productivity, subspecialty mix—where interventional radiology commands higher premiums, and the contrasting demands of teleradiology offerings. For those entering the field or looking to optimize their earnings, aligning with high-demand subspecialties and seeking partnership roles could prove vital in maximizing their radiologist pay in Summit, NJ.
More salary data for Summit, 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 $521,407 for radiologistsin the Summit 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 Summit 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