Medical Oncologist Salary 2026: $650K Median | SalaryDr
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According to SalaryDr data from 8 verified medical oncology physicians, the median total compensation for Medical Oncology in 2026 is $650,000. The 25th percentile is $477,000 and the 75th percentile is $700,000. Base salary: $435,500. Bonuses: $143,625 (25% receive). Satisfaction: 4.1/5. Workload: ~55 hrs/week. Source: https://www.salarydr.com/specialty/medical-oncology Sample size: 8. Last updated: March 28, 2026.

Data updated June 2025|8 verified submissions

Medical Oncologist Salary 2026: $650K Median

At a Glance: Medical Oncologist Salary (2026)

The median medical oncologist salary in the United States is $650,000 per year as of March 2026, based on 8 verified physician submissions on SalaryDr. The average medical oncologist salary is $579,125, with the 25th percentile at $477,000 and the 75th percentile at $700,000.

Median Salary
$650,000
Average Salary
$579,125
25th Percentile
$477,000
75th Percentile
$700,000
Source: SalaryDr Physician Salary Database, updated March 28, 2026

Median

$650,000

Average

$579,125

25th

$477,000

75th

$700,000

Based on 8 physician salaries

Salary Distribution

$477K$477,000 – $812K$811,500
25th
$477K$477,000
Median
$650K$650,000
75th
$700K$700,000
Avg
Middle 50% earn
$477K$477,000 – $700K$700,000
Median salary
$650K$650,000
Average salary
$579K$579,125

Salary Range

Minimum$477,000
Maximum$926,000

Percentiles

25th$477,000
75th$700,000

Breakdown

Monthly$54,167
Hourly$313

How much does a Medical Oncologist make?

Quick Answer: Medical Oncologist Salary

a medical oncologist earns approximately $650,000 per year, with most earning between $477,000 and $700,000 annually. This translates to about $204 per hour based on a 55-hour work week.

As of June 3, 2025, a Medical Oncologist earns approximately $650,000 per year ($54,167 monthly). Based on an average 55-hour work week, this translates to about $204 per hour.

Explore Medical Oncology salaries by location: California, Texas, New York, or view all Medical Oncology locations.

Salary Range and Market Analysis

From 8 verified physician salary submissions across the United States, SalaryDr is seeing total compensation ranging from $477,000 to $700,000, with top performers (90th percentile) earning up to $926,000 annually. Compared to the median physician salary of $300,000, Medical Oncologist salaries are above the national median.

Career Growth and Employment Trends

The salary progression for Medical Oncologist shows significant growth potential. Entry-level positions start at $579,000, while those with more than 10 years of experience earn a typical salary of $579,250 – a 0% increase.

Practice Settings and Compensation Structure

Most commonly, Medical Oncologist physicians work in Hospital Employed settings (50% of submissions). On average, base salary accounts for 75% of total compensation—about $435,500—with the remaining amount coming from bonuses, profit sharing, and incentives.

Medical Oncology Bonus & Incentive Pay (2026)

Based on 8 verified salary submissions. 100% of Medical Oncology physicians reported receiving bonus/incentive compensation.

$82,500
Median Bonus
100%
Report Bonus Pay
$50,000
25th Percentile
$200,000
75th Percentile

Bonus Compensation Overview

Average Bonus
$143,625
Median Bonus
$82,500
Bonus Range (IQR)
$50,000 - $200,000
Bonus as % of Total Comp
25%
Physicians with Bonus
8 of 8 (100%)

New Graduate Offer Package

Early Career Physicians
N=3
% Receiving Bonus

Medical Oncology Salaries by State

Browse All Specialties →

Explore medical oncology salary data across different states. Click on any state to view detailed compensation information for that location.

ArizonaCaliforniaColoradoGeorgiaMississippi

Medical Oncology Salary FAQ (2026)

Answers based on 8 verified physician salary submissions, updated in real-time.

Explore More About Medical Oncologist Compensation

  • Medical Oncology Salary Overview
  • Medical Oncology Salary Benchmarks
  • Medical Oncology Salary Negotiation Guide
  • Medical Oncology in California
  • Medical Oncology Lifestyle & Satisfaction
  • Best Cities for Medical Oncology
  • Medical Oncology in Texas
  • Is Medical Oncology Worth It?
  • Medical Oncology in New York
  • Medical Oncology in Florida
  • Medical Oncology in Illinois
  • Medical Oncologist Lifestyle & Satisfaction
  • Take-Home Pay Calculator
  • Physician Salary FAQ
  • Offer Analyzer Tool
  • Private Practice Medical Oncologist Salary

Medical Oncologist Compensation Benchmarks

Need benchmark data for medical oncology compensation? Our on-demand benchmark reports include percentile analysis, BLS cross-validation, and IRS §482 compliance language.

View Medical Oncologist Benchmark DataAll Specialty Benchmarks

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Salary Comparison

Location Statistics

Average Salary

$579,125

Median Salary

$650,000

Salary Range

$477,000 - $700,000

National Comparison

National Average

$579,125

Difference

+0% vs National Average

Sample Size

8 local / 8 national reports

Salary by Practice Type

Hospital-employed
Average Salary
$616,500
Sample Size
4 submissions
Salary breakdown by practice type

Physician Satisfaction in Medical Oncology

Satisfaction Rating

4.1/5

Average satisfaction rating reported by Medical Oncology physicians (1-5 scale).

Would Choose Again

75%

Percentage of Medical Oncology physicians who would choose this specialty again.

Career Satisfaction

Physicians cite the variety of cases and patient relationships as most rewarding aspects of this specialty.

Primary Challenges

On-call demands, administrative burden, and work-life balance are cited as the top challenges.

Monthly Medical Oncology Salary Benchmark

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No spam. Unsubscribe anytime. Data from verified physician submissions only.

Popular Locations

New York City, NY

Average Salary: $400,000

Based on 150 reports

Los Angeles, CA

Average Salary: $380,000

Based on 120 reports

Chicago, IL

Average Salary: $350,000

Based on 100 reports

Houston, TX

Average Salary: $340,000

Based on 90 reports

Miami, FL

Average Salary: $360,000

Based on 80 reports

Boston, MA

Average Salary: $370,000

Based on 70 reports

* Showing locations with the most reported salaries.

* Some locations may be omitted if they have fewer than 3 reports.

Related Specialties

  • Internal Medicine salary data and compensation trends
  • Family Medicine salary data and compensation trends
  • Radiology salary data and compensation trends

How to Negotiate Your Medical Oncology Salary

Step-by-step guide to negotiating a competitive Medical Oncology salary with confidence and data-driven strategies.

6 Steps2 Hours
1

Research Market Rates

Research current Medical Oncology salary data using verified sources like SalaryDr, MGMA, and local market reports. Document the median, 25th, and 75th percentile ranges for your specialty and experience level.

Learn more →
2

Document Your Value Proposition

Create a comprehensive list of your qualifications, certifications, years of experience, patient outcomes, and any unique skills or subspecialty training. Quantify your contributions with specific metrics where possible.

3

Analyze Total Compensation Package

Look beyond base salary to include benefits, bonuses, CME allowances, malpractice insurance, retirement contributions, and other perks. Calculate the total compensation value to make informed comparisons.

4

Prepare Multiple Scenarios

Develop three negotiation scenarios: your minimum acceptable offer, target salary, and ideal compensation package. Be prepared to discuss trade-offs between salary and benefits.

5

Practice Your Pitch

Rehearse your negotiation conversation focusing on your value to the organization, market data, and specific reasons for your salary request. Practice addressing common objections professionally.

6

Schedule the Negotiation Meeting

Request a formal meeting with decision-makers. Present your research professionally, emphasize your value, and be prepared to negotiate on multiple aspects of the compensation package.

Professional Tip: This guide provides general recommendations. Always consult with career advisors, mentors, and legal professionals for personalized advice specific to your situation.

Help Build Better Physician Salary Data

We need more Medical Oncology physician in United States salary submissions to provide accurate insights. Your data helps colleagues make informed career decisions.

100% Anonymous
Verified Data
Always Free
Practice TypeAverage SalarySample Size
Hospital-employed$616,5004 submissions

* Practice types with fewer than 3 submissions may be omitted for privacy.

Work-Life Balance and Career Satisfaction

Medical Oncology physicians report high career satisfaction, rating their specialty 4.1 out of 5, with 75% saying they would choose this specialty again.

Career Path and Training Requirements

Becoming a medical oncologist requires extensive medical training including medical school, residency, and often fellowship training. The total training time ranges from 7-8 years post-undergraduate education.

Job Outlook and Future Prospects

The job outlook for medical oncologists remains positive across most medical specialties.The specialty continues to offer stable career opportunities with competitive compensation.

100%
Median Bonus (0-3 yrs)
$200,000

Early career Medical Oncology physicians (0-3 years experience) frequently receive bonus packages including signing bonuses, relocation allowances, and productivity incentives as part of their initial offer.

New York
Tennessee

How much does a Medical Oncology make in 2026?

Based on 8 verified physician salary submissions on SalaryDr, the median Medical Oncology salary in 2026 is $650,000 per year. The average salary is $579,125. This works out to approximately $204 per hour based on a 55-hour work week.

What is the salary range for Medical Oncology?

The middle 50% of Medical Oncology physicians earn between $477,000 (25th percentile) and $700,000 (75th percentile). Top earners at the 90th percentile or above can make $926,000 or more annually. This data comes from 8 verified salary reports.

How much do first-year Medical Oncology physicians make?

Early career Medical Oncology physicians (0-5 years experience) earn a median salary of approximately $579,000, while those with 10+ years of experience earn around $579,250 — a 0% increase. The most significant salary growth typically occurs in years 3-7 of practice.

What is the average Medical Oncology signing bonus?

Among Medical Oncology physicians, 100% report receiving bonus or incentive compensation. The median bonus is $82,500 and the average is $143,625. Bonus packages typically include signing bonuses, productivity incentives, quality bonuses, and relocation allowances.

What is the base salary vs bonus split for Medical Oncology?

For Medical Oncology physicians, base salary accounts for approximately 75% of total compensation (around $435,500), with the remaining 25% coming from bonuses, incentives, and productivity pay. Total compensation averages $579,125 per year based on 8 verified submissions.

Are Medical Oncology physicians satisfied with their salary?

Medical Oncology physicians rate their overall job satisfaction at 4.1 out of 5, with 75% saying they would choose this specialty again. Satisfaction ratings account for compensation, work-life balance, and career fulfillment. Based on 8 verified responses.

How is Medical Oncology salary data on SalaryDr collected?

SalaryDr collects Medical Oncology salary data from 8 anonymous, verified submissions by practicing physicians across the United States. Data includes total compensation, base salary, bonuses, work hours, practice setting, and location — updated in real-time as new submissions arrive.

Data Source: All salary figures are based on 8 verified, anonymous submissions from practicing physicians. Data is updated in real-time as new submissions are received. Learn about our methodology.

  • Full-Time Medical Oncologist Salary
  • Is Medical Oncology a Good Career? (Career Outlook)
  • Salary by Experience Level

    0-2 years
    Average Salary
    $608,000
    Sample Size
    2 submissions
    3-5 years
    Average Salary
    $550,000
    Sample Size
    2 submissions
    6-10 years
    Average Salary
    $570,000
    Sample Size
    2 submissions
    11-15 years
    Average Salary
    $477,000
    Sample Size
    1 submissions
    16+ years
    Average Salary
    $700,000
    Sample Size
    1 submissions
    Salary breakdown by years of experience
    Years of ExperienceAverage SalarySample Size
    0-2 years$608,0002 submissions
    3-5 years$550,0002 submissions
    6-10 years$570,0002 submissions
    11-15 years$477,0001 submissions
    16+ years$700,0001 submissions

    * Experience levels with fewer than 3 submissions may be omitted for privacy.

    Take-Home Pay Calculator

    Total Salary
    $650,000
    Federal Income Tax
    -$198,686
    State Income Tax
    -$32,500
    FICA Tax
    -$23,928
    Take-Home Pay
    $394,886
    Monthly
    $32,907
    Taxes (39.2%)
    Take-Home (60.8%)
    Based on single filing status in US. Results may vary.