Salaries For Pathology Resident

 Whenever we hear of professions in medicine, only doctors come to our minds. But there are multiple other professions besides doctors. One of them is a pathology resident, their job is basically collecting samples and analyzing them. Their role is prominent in the diagnosis before prescribing medicines to a patient. Let us know about the Salaries For Pathology Resident.

Salaries For Pathology Resident

Salaries For Pathology Resident

In this article, we will be discussing the salaries of pathology resident according to various sources. There are various hierarchies of pathology residents, we shall be discussing fluctuations in salary at all levels. At last, we shall provide a comparison of the salaries in different states. There will be a section for how to increase salary levels. 

Average or Median Pay of Pathology Resident

The average yearly salaries of a pathology resident in the United States is $53,290. Hence, the monthly salary is approximately $4440. 

The yearly package may range between $50,600 to $59,900. Now, this is just the average salary, so it includes all hierarchies with location and other differences. Later in the article, we will see how salary changes depending on experience, location, and other parameters. 

Less than 40% of pathology residents earn between $52,500 to $53,500. While only less than 20% of them earn near to $60,000 per year. You cannot expect an ultra-high package being a pathology resident. 

If you are earning anywhere near or equal to the given amount, you are paid well. 

Allowances

Besides, the in-hand salary you will receive, some institutions also offer residential allowances. 

For instance, Stanford School of Medicine gives its pathology residents a yearly housing allowance of $7200. This was the amount given in the academic year 2020. So, you can expect it to have increased by 10 to 15%. 

Whereas the University of North Carolina Health Care System gives its pathology residents, professional liability insurance coverage. 

Another reputed institution, The Department of Pathology at Beth Israel offers to provide the cost of transportation in attending national research summits. So, allowances are variable depending on the institution. 

Salary per program

Pathology residency is a full 4-year program, and each year will have a separate yearly package. This package also depends on your institution. 

1st Year – $53,370

2nd Year – $56,050

3rd Year – $57,290

4th Year – $60,048

Depending on institutions, 1st-year Pathology Residents at the University of North Carolina Health Care Systems received yearly $54,662 in the year 2020. 

Whereas 1st-year Pathology Residents at Beth Israel Deaconess Medical Center, which belongs to Harvard Medical School received yearly $66,700 in 2020. 

There is an increment every year, 2nd year residents at the University of North Carolina Health Care Systems earned $56,620. This salary jumped to $58,660 for 3rd-year residents. 

The last year pathology residents earned above $60,000, i.e., $61,422. 

What to expect in the future?

Well, no one simply does a 4-year pathology resident program. Their intention is to get a handsome package to lead a better lifestyle. 

Well, this is possible if you crack the certification examination by the American Board of Pathology. And board recognized pathologists easily earn $223,580 per year on average. 

So, the monthly salary is $18630, which is quite a hefty amount. Despite paying for the rent, you would easily have more than $13000 to $14000 left with you. 

Salary depends on the region

We all know how location affects salary. At a place where a certain skill is in more demand, you will get a higher salary for jobs related to that skill. 

Let’s look at the salary of pathology residents based on regions. 

  • Washington, DC – $68,040
  • Las Vegas – $57,660
  • Kansas City – $55,150
  • Boston – $67,197
  • Buffalo – $48,012
  • Indianapolis – $55,735
  • Lexington – $55,101

How to increase salary levels?

If you intend to increase the salary levels of the world, you will need to keep some things in mind in shaping your career. We have gathered the most relevant things you can note.

Experience

Experience is the key, in any field be it pathology or software development. So, the best and most natural way to increase your salary is by gaining considerable experience. 

While your 4-year programme, what you get is just a quarter of your salary after you become a certified pathologist. At the entry-level only you earn more than $200,000 per annum.

Hence, with experience of 10 to 12 years, you could easily go above $350,000. Many pathologists instead of being an employee of a medical institution or hospital, open their own clinics. 

Location

Another major factor that could help increase your salary is location. Pathologists working in North Central and Southeast states i.e., Kansas, Illinois, South Dakota, Ohio, West Virginia, North and South Carolina, Michigan etc earn high. 

Whereas those working in Northeast and Mid-Atlantic states like Connecticut, Massachusetts, Rhode Island, New Jersey, New York, and Pennsylvania earn a little less. 

Type of Practice

What place you practice your pathology, also affects your salary. For instance, pathologists at academic institutions earn the lowest. 

A non-education hospital pays much more than an educational one. But you will get the highest pay if you work in an independent laboratory. 

Conclusion

Pathology residency can change your life status if practiced well. Their pay is among the highest in the market if you compare it with other professions. And the good thing is that you have the option of even doing an independent clinic. 

You can earn as much as you want, in that case, provided you practice well. But in that case, you need to incur the expenses and treat it as a business. 

FAQs
  • Is Pathology Resident a good career?

This is subjective and depends upon people and their interests. For those interested in the medical field and a curious mind like Sherlock, you may find it interesting. 

Pathology residents are of great help in criminal cases as well. 

  • How is the starting year as a working professional for a pathology resident?

Well, pathologists usually start working with a huge student loan debt on their backs. So, the first year usually goes in fulfil the debt. 

Savings and investments come into the scene after a year. 

Salaries For Pathology Resident

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