Oncology Physician Salary (2026)

The 2024 median base salary for a Oncology physician in the United States is approximately $470K, with the typical 25th-to-90th-percentile band running from $410K to $610K. These figures are composite benchmarks drawn from MGMA, AAMC, and AMGA compensation surveys and reflect base compensation only — productivity bonuses, signing bonuses, call stipends, partnership distributions, and quality incentives sit on top of base and materially shift total cash compensation in every Oncology offer I close.

Oncology compensation at a glance

Median base (2024): $470K
Typical range (25th–90th): $410K – $610K
National demand: high
Primary board: ABIM Hematology and/or Medical Oncology
Fellowship pathways: Heme/Onc 3-year combined fellowship after IM
Common practice settings: single-specialty oncology partnership, NCI-designated cancer center, hospital-employed cancer service line
Geographic concentration of top offers: every metro plus expanding rural community-cancer centers

What drives Oncology compensation up or down

Hospital-employed heme/onc offers I close run $425K-$510K base with infusion and clinic productivity overlay. Community oncology partnerships commonly clear $625K-$775K by year three with infusion margin and pathology distributions. Subspecialty oncology (sarcoma, lung, breast, GI, GU) typically isn't separately compensated outside academia but does affect referral economics and should be discussed before signing.

Hematology and medical oncology demand is structurally rising with population aging, new biologics, and survivorship growth. Recruitment volume is highest in community cancer centers and PE-backed oncology platforms.

Oncology salary by state

Base ranges for Oncology run inside the $410K–$610K band in most states, with rural and HPSA-designated counties producing offers at or above the upper end once signing bonuses, loan repayment, and rural premiums are stacked. Click a state below for the in-state Oncology comp picture, anchor employers, and incentive stacking.

How recruiters benchmark a Oncology offer

When I scope a Oncology engagement, I pull MGMA and AMGA percentiles for the region, layer in the specific employer's historical comp band, and pressure-test against active Oncology candidates we are already working. The $410K–$610K range above is the national reference; the actual offer for a given Oncology role is built bottom-up from RVU model assumptions, call rotation, and ramp expectations. For Oncology candidates evaluating an offer, the three numbers I tell people to focus on are base, wRVU conversion factor, and call-coverage stipend — not the headline salary alone.

Talk to a Oncology recruiter about your number

Email hire@physicianrecruitment.com or call 1-888-812-3452 for a 30-minute confidential Oncology compensation benchmarking call. We provide Oncology candidates a written market analysis of any offer at no cost.