As of August 01, 2026, the average hourly rate for a Physician - Hematology/Oncology in the United States is $170, which translates to an annual salary of about $353,173.
However, the hourly wage can vary significantly based on several factors. Here’s a detailed look at the typical pay range per hour:
Physician - Hematology/Oncology Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $389,717 | $32,476 | $7,495 | $187 |
| Average | $353,173 | $29,431 | $6,792 | $170 |
| 25th Percentile | $332,431 | $27,703 | $6,393 | $160 |
A Physician - Hematology/Oncology's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.
Experience is a primary driver of a Physician - Hematology/Oncology's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Physician - Hematology/Oncology | $344,814 |
| Intermediate Level Physician - Hematology/Oncology | $346,362 |
| Senior Level Physician - Hematology/Oncology | $347,910 |
| Specialist Level Physician - Hematology/Oncology | $350,077 |
| Expert Level Physician - Hematology/Oncology | $355,900 |
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 4.24% |
| Oncology | 4.36% |
| Critical Care | 2.95% |
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Physician - Hematology/Oncology's salary.
| Skill | Salary | Salary % Increase |
|---|---|---|
| Clinical Care | $367,300 | |
| Initiative | $363,768 | |
| Innovation | $360,236 |
Physician - Hematology/Oncology salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $397,402. While startup companies pay approximate $337,539.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $337,539 |
| Growth Stage | 51~500 | $356,605 |
| Established | 501~5000 | $384,108 |
| Enterprise | 5000+ | $397,402 |
Your level of education can impact your salary potential. While many Physician - Hematology/Oncology enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for an Physician - Hematology/Oncology with a Bachelor's Degree is between $0 and $0.
| Typical Education for Physician - Hematology/Oncology | |
|---|---|
| Degree Level | % of user with this level of education |
| No Diploma | 0.9% |
| High School | 0.9% |
| Associates | 0.9% |
| Bachelors | 4.7% |
| Masters | 6.5% |
| Doctorate | 86.9% |
Understanding how a Physician - Hematology/Oncology's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $389,717 | $32,476 | $7,495 | $187 |
| Average | $353,173 | $29,431 | $6,792 | $170 |
| 25th Percentile | $332,431 | $27,703 | $6,393 | $160 |
Salaries for a Physician - Hematology/Oncology can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $231,993 in 2023 to around $226,789 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Physician - Hematology/Oncology salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 | View More |
| 2023 | $231,993 |
| 2024 | $237,504 |
| 2025 | $226,789 |
| 2026 |
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|
| 2027 |
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|
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Examines and diagnoses disorders and diseases of the blood, bone marrow, vascular, and immune system. Recommends and orders tests to determine extent of illness or help diagnose condition. Requests necessary tests, follow-up visits, and refers patients to specialists, as necessary. Consults with patients to determine the appropriate course of treatment. Requires a MD. Requires State License to Practice. Typically reports to a medical director. Years of experience may be unspecified. Certification and/or licensing in the position's specialty is the main requirement.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Oncology: Designing, constructing, and repairing dental prosthetics and restorative and orthodontic devices to help patients correct dental conditions.
Critical Care: Critical care is sometimes referred as intensive care. Intensive care medicine, or critical care medicine, is a branch of medicine concerned with the diagnosis and management of life-threatening conditions that may require sophisticated life support and intensive monitoring. An intensivist is a physician who specializes in the care of critically ill patients, most often in the intensive care unit (ICU). Intensivists can be internists or internal medicine sub-specialists (most often pulmonologists), anesthesiologists, emergency medicine physicians, pediatricians (including neonatologists), or surgeons who have completed a fellowship in critical care medicine.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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