Key Takeaways
- Endocrinologists earn an average of $256,000 annually, the lowest among medical specialties in 2024.
- Factors like experience, location, and added skills significantly impact salary potential.
- Top-paying states include New York and Vermont, while Arkansas offers the lowest salaries.
- Bonuses and benefits can raise total compensation above the base salary to $279,377.
The already low endocrinology salaries have taken a hit in 2024, making them the lowest paid among other specialties in medicine.
As of 2024, endocrinologists make less than $260,000 a year, which is even less than in 2023.
However, endocrinologists can still increase their income through other means, and they’re still well-paid as a profession, even if they’re not as high as other medical professions.
If you’re interested in learning more, click here to view the 2024 Physician Compensation Report.
Table of Contents
What Is the Average Endocrinologist’s Salary?
Medscape’s 2024 Physician Compensation Report states that endocrinologists make $256,000 a year, a surprising 4% drop from the 2023 average of $267,000 or $5,134.62 a week.
The 2023 report listed endocrinologists as the fifth least-paid medical specialty. The update in the 2024 report, however, dropped them to the bottom of the list, dropping the payment satisfaction percentage from 45% in 2023 to 36% in 2024.
Accordingly, 31% of endocrinologists boost their income through other medical-related work, and 11% do so through non-medical-related work.
Here are some statistics from other sources:
- Payscale (2024): $241,877
- Doximity (2024): $291,481
- Salary.com (2024): $259,811
- ZipRecruiter (2024): $269,186
The salary range isn’t that different, according to various sources, with Doximity pushing the boundaries a bit while the others remain within the $240,000 to $260,000 average.
Factors That Affect Endocrinologist Salary
The salary variation can be explained by many factors that directly impact wages. These are common factors that play a role:
Amount of Experience
Payscale notes that the range of salaries is largely influenced by each person’s experience. It notes that entry-level physicians in this specialty area make an average total compensation of $190,000.
Those with one to four years of experience make $202,000. After 10 years, a professional in this field makes $226,000, and after 20 years, it goes up to $234,000.
Qualifications
ZipRecruiter notes that the broad range of salaries for this type of physician indicates a likelihood of advancement opportunities, including through skill level. Your qualifications, such as education level and added skills, may impact your salary.
Related to skills, Payscale data shows that in this specialty, patient counseling increases salary by 13%, clinical research increases it by 11%, and both internal medicine and diabetes education increase it by 9%.
Part of the Country
We mentioned earlier that the average ranges between $240,000 and $260,000. Still, it can be pushed a little above $300,000, depending on the location you are working in. Here are the top 10 states where endocrinologists earn the most:
State |
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
New York |
$307,036 |
$25,586 |
$5,904 |
$147.61 |
Vermont |
$302,341 |
$25,195 |
$5,814 |
$145.36 |
Pennsylvania |
$281,177 |
$23,431 |
$5,407 |
$135.18 |
Washington |
$276,279 |
$23,023 |
$5,313 |
$132.83 |
New Hampshire |
$274,574 |
$22,881 |
$5,280 |
$132.01 |
New Jersey |
$273,232 |
$22,769 |
$5,254 |
$131.36 |
Massachusetts |
$272,705 |
$22,725 |
$5,244 |
$131.11 |
Alaska |
$271,385 |
$22,615 |
$5,218 |
$130.47 |
Oregon |
$268,651 |
$22,387 |
$5,166 |
$129.16 |
Wisconsin |
$268,649 |
$22,387 |
$5,166 |
$129.16 |
On the other hand, here are the 10 lowest-paying states:
State |
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
Oklahoma |
$227,678 |
$18,973 |
$4,378 |
$109.46 |
Kansas |
$227,325 |
$18,943 |
$4,371 |
$109.29 |
Texas |
$226,907 |
$18,908 |
$4,363 |
$109.09 |
North Carolina |
$225,026 |
$18,752 |
$4,327 |
$108.19 |
Louisiana |
$224,596 |
$18,716 |
$4,319 |
$107.98 |
West Virginia |
$217,158 |
$18,096 |
$4,176 |
$104.40 |
Kentucky |
$216,365 |
$18,030 |
$4,160 |
$104.02 |
Michigan |
$216,113 |
$18,009 |
$4,156 |
$103.90 |
Florida |
$206,622 |
$17,218 |
$3,973 |
$99.34 |
Arkansas |
$205,468 |
$17,122 |
$3,951 |
$98.78 |
Source: ZipRecruiter (2024 data)
Total Compensation
It’s important to consider total compensation rather than the base salary. There is a lot of room to increase income through bonuses and the value of benefits. Salary.com notes that the median bonus for endocrinologists is $37,500.
This source shows that adding bonuses plus the value of benefits to the base salary brings the total compensation up to $279,377. This is a significant difference from the base salary of $241,877. Another factor that endocrinologists may receive from employers is profit sharing.
Sub-Specialties
Another factor is whether you sub-specialize within the field of endocrinology. This can impact your rate of pay.
ZipRecruiter data shows sub-specialization salaries that are lower than the average endocrinologist salary. Therefore, consider whether one of these makes sense for you for a different reason than salary alone. These are subspecialty salaries broken down:
- Reproductive Endocrinologist: $230,287
- Remote Endocrinologist: $161,380
- Pediatric Endocrinologist: $157,587
- International Endocrinologist: $151,302
- Telemedicine Endocrinology: $137,223
How to Increase Endocrinologist Salary
The above information on salary ranges and factors that impact salary can be instrumental in showing you how to be active in increasing your salary within this field.
You don’t have to passively wait for your salary to go up year-by-year or after a certain amount of experience. You can take specific steps based on the provided information while fitting it to your own preferences and situation.
For example, moving and working in certain regions or cities may help you command more compared to your current salary. Nonetheless, it’s worth first comparing potential income with the cost of living in prospective areas.
Willing to relocate? Read this: How Moving Can Help Physicians Pay Off Student Loans
You could also consider switching to a physician-owned practice if you’re not currently working in one, as this is the type of practice that includes the highest salary.
Another option is to add skills to your resume that are connected to higher pay.
Work With Us to Maximize Your Earnings
Specializing in the endocrine system is already a long stretch of difficult hours, and the reduced payment can be a letdown for many physicians. However, the job doesn’t always have to be like this. Those who need more money and have good time management skills can make a lot more than average.
However, the most important factor is knowing what to do and when to do it. For that, you need professional help from other members of the medical field.
Physicians Thrive is a team of expert physicians that will help you explore your options, compare contracts, get better insurance, and provide tips to formulate the best retirement plan.
Contact us to get started. We’ll handle the rest.