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.
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.
$650,000
$579,125
$477,000
$700,000
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.
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.
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.
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.
Based on 8 verified salary submissions. 100% of Medical Oncology physicians reported receiving bonus/incentive compensation.
Explore medical oncology salary data across different states. Click on any state to view detailed compensation information for that location.
Answers based on 8 verified physician salary submissions, updated in real-time.
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Average satisfaction rating reported by Medical Oncology physicians (1-5 scale).
Percentage of Medical Oncology physicians who would choose this specialty again.
Physicians cite the variety of cases and patient relationships as most rewarding aspects of this specialty.
On-call demands, administrative burden, and work-life balance are cited as the top challenges.
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Average Salary: $400,000
Based on 150 reports
Average Salary: $380,000
Based on 120 reports
Average Salary: $350,000
Based on 100 reports
Average Salary: $340,000
Based on 90 reports
Average Salary: $360,000
Based on 80 reports
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.
Step-by-step guide to negotiating a competitive Medical Oncology salary with confidence and data-driven strategies.
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 →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.
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.
Develop three negotiation scenarios: your minimum acceptable offer, target salary, and ideal compensation package. Be prepared to discuss trade-offs between salary and benefits.
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.
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.
We need more Medical Oncology physician in United States salary submissions to provide accurate insights. Your data helps colleagues make informed career decisions.
| Practice Type | Average Salary | Sample Size |
|---|
| Hospital-employed | $616,500 | 4 submissions |
* Practice types with fewer than 3 submissions may be omitted for privacy.
Medical Oncology physicians report high career satisfaction, rating their specialty 4.1 out of 5, with 75% saying they would choose this specialty again.
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.
The job outlook for medical oncologists remains positive across most medical specialties.The specialty continues to offer stable career opportunities with competitive compensation.
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.
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.
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.
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.
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.
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.
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.
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.
| Years of Experience | Average Salary | Sample Size |
|---|---|---|
| 0-2 years | $608,000 | 2 submissions |
| 3-5 years | $550,000 | 2 submissions |
| 6-10 years | $570,000 | 2 submissions |
| 11-15 years | $477,000 | 1 submissions |
| 16+ years | $700,000 | 1 submissions |
* Experience levels with fewer than 3 submissions may be omitted for privacy.