Cardiologist wealth in 2023: 9 things to know

Cardiologists earn an average of $507,000 annually, according to Medscape’s “Cardiologist Wealth and Debt 2023” report, published July 26. 

Advertisement

Here are eight additional things to know about the wealth of cardiologists in 2023: 

1. A plurality of cardiologists (33 percent) have a net worth of between $2 million and $5 million. 

2. Twenty-two percent of cardiologists are worth more than $5 million. 

3. Eighteen percent of cardiologists are worth less than $500,000. 

4. Male cardiologists have a slightly higher net worth than female cardiologists on average, with 25 percent of men having a net worth of more than $5 million, compared to 17 percent of women. 

5. Forty-five 45 percent of cardiologists live within their means while 47 percent live below their means. 

6. More than half of cardiologists (53 percent) are paying a mortgage on their primary residence. 

7. Thirteen percent of cardiologists are still paying off student loans. 

8. Forty-four percent of cardiologists expect their portfolios to decline over the next year. 

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Cardiology

Advertisement

Comments are closed.