Thoracic Surgeon Salary

Average Thoracic Surgeon Base Salary in the United States

Average Base Salary

$297,680 Per Year

Salary Range: $50,520 to $840,789

Thoracic Surgeon Salary

$50,520

10%

$80,649

25% 

$ 297,680

AVERAGE

$608,608

75%  

$840,789

90%  

How Much Does a Thoracic Surgeon Make Per Year in the United States?

The national average salary for a  Thoracic Surgeon is $297,680 per year in the United States. It can vary depending on the employer and the skills required for that position, but generally, it will be about $297,680 or more annually for a gross salary. Taxes impact salaries, so to get the net salary we’ve crunched the data and gotten the tax information on what the take-home pay would be after the effective income tax rates. 

Technology Used

MEDITECH software – Medical software

Computer imaging software – Graphics or photo imaging software

Human resources management system HRMS – Human resources software

Three-dimensional 3D virtual surgery software – Medical software

Robotic surgery software – Medical software

Medical laser control software – Medical software

Integra Radionics NeuroSight Arc – Medical software

Image-guided surgery software – Medical software

Knowledge and Expertise

Soft Skills

What is the salary range of a Thoracic Surgeon?

Thoracic Surgeon salaries vary depending on the company you work for, your experience level, industry, education, and years of experience. The average annual salary is around $297,680 but a Thoracic Surgeon can earn a base salary anywhere from $50,520 to $840,789 per year with some companies paying more than others.

Pay ranges on average for a Thoracic Surgeon job title only vary a good amount, which may mean that there are many opportunities to earn more income in the future regardless of the employers or your location, industry, and experience.

A salary range that varies also means there is ability to move up within the company, as there may be as many opportunities for advancement or to change your job title. This opportunity for  advancement can help with can increase their job satisfaction and motivation.

What are the Highest Salaries for a Thoracic Surgeon?

The highest Thoracic Surgeon salaries in the top 10% earn more than $840,789 per year. The salary range for the top 75% – 90% is between and $608,608 and $840,789 annually.

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What are the Lowest Salaries for a Thoracic Surgeon?

The lowest Thoracic Surgeon salaries are in the bottom 10% of earners who make less than $50,520 per year. The salary range for the lowest 10% – 25% is between $50,520 and $80,649 annually.   

This salary data and salary estimates come from our Average Pay’s salary database of carefully collected and detailed information about pay across many industries and categories, along with different types of labor data.

What is a Good Salary for a Thoracic Surgeon?

If we only look at the data for Thoracic Surgeon salaries and we don’t compare it to any other jobs, a good salary for a Thoracic Surgeon job would be over $297,680 per year. This is the average salary for this position in the United States. An excellent pay for a Thoracic Surgeon would be anything over the top 75%, which is $608,608 annually.

How Can I Increase My Salary as a Thoracic Surgeon?

There are a few ways you can increase your average salary for a profession as a Thoracic Surgeon. One way is to get promoted to a higher level and take on more duties within your employer. Another way is to gain more experience and skills in your career. You can also try negotiating higher compensation next performance review, when you are up for renewal or starting a new contract with a business.

Finally, you can look for a new job at a different employer that pays more. One thing not to overlook is companies often give their employees incentives and benefits outside of salaries. The total compensation, like healthcare, paid vacation days, 401k matches, bonuses, overtime, professional development, a career path in the company, and other benefits, need to be considered, which can add up to a lot more money than just a salary increase.

What are the Top Paying Industries for a Thoracic Surgeon?

The top paying industries for a Thoracic Surgeon job vary depending on the position’s specific responsibilities, employers, and qualifications. However, some common reported high-paying industries for include the following:

  • Professional, Scientific, and Technical Services
  • Health Care and Social Assistance
  • General Medical and Surgical Hospitals
  • Ambulatory Health Care Services
  • Offices of Physicians
  • Finance and Insurance

Does a Thoracic Surgeon Have a Good Quality of Life?

Based on an average 2-bedroom apartment rental price, a Thoracic Surgeon would pay 15.63% of their monthly take-home pay towards rent. That’s $1,310 per month or $15,720 yearly for a two-bedroom apartment.

The rent is less than 30% of the monthly take-home pay for an Thoracic Surgeon, which can helps lessen a financial burden and impact their quality of life.

This is because a high rent-to-income ratio would leave less money each month for other expenses, such as food, transportation, recreation, and activities. It can lead to financial stress, impacting overall job satisfaction and motivation.

Considering the cost of living in a city when considering whether to accept a job offer is essential. If the cost of living is too high, it might not be worth it, even if the salary is good.

Does a Thoracic Surgeon make good money?

 In general, a Thoracic Surgeon can make a good salary. The national average salary is $52,632 annually which is less than the average Thoracic Surgeon salary, meaning most earn a livable wage. According to data and labor statistics from the Bureau of Labor Statistics, the average Thoracic Surgeon pay is above the median salary.

However, salaries can vary depending on the company you work for, what you are responsible for, education, college degree, work experience, job market, and your experience level. The highest-paid can earn upwards of 840,789 per year, while the lowest-paid income is less than 50,520 annually.

If you want to maximize your earnings as a Thoracic Surgeon, take on more responsibility, and gain more experience in related skills. Also, build interpersonal skills and strong leadership skills, get a certification in your field and then negotiate for a higher salary next performance review, when you are up for renewal or starting a new contract with a business.

The best thing you can do is develop yourself and gain knowledge. Many courses, additional training, and professional development opportunities in your area can help increase your skills and development in your job or related field.

You can also get your resume reviewed and look for a new employer that will hire and pay more or look for a career change that is hiring and may interest you more.

Salaries are also relative to the cost of living in different parts of the country. For example, the compensation for a Thoracic Surgeon will need to be higher if it is in or closer to larger cities like New York City or some states like California. The increase in pay in these areas is because of the higher than average cost of living and more interested applicants for employment versus someone living in a small town. With the cost of housing increasing and medical care premium costs, it is essential to ensure you are getting paid what you are worth.

How do I know I’m being paid fairly as a Thoracic Surgeon?

The easiest way is to see how close your current salary is to the average pay for your position in your state and city. If your income is below the estimated average wage in your area, you can try to negotiate for a raise.

You can use our research and tools to discover the average salary for a Thoracic Surgeon in your city or region to see if you are being compensated fairly. You may also compare your income to similar jobs and careers to determine whether you are underpaid or overpaid. Lastly, you can set up job alerts to see how the job market trends.

A few other ways you can research whether you’re being paid fairly as a Thoracic Surgeon is to do a job search to look at job postings for similar positions and see the estimate for the listed salary range. You can also talk to people in your network who have similar jobs and ask them what they earn. Finally, you can try negotiating a higher pay when you are up for renewal, having a performance evaluation, or starting a new contract.

What Factors Determine the Salary of a Thoracic Surgeon?

The money a Thoracic Surgeon can make each year greatly depends on a few components that determine an average base salary.

The company you work for is one of the main factors that affect how much a Thoracic Surgeon earns.

The compensation will also depend on the location, as some states and cities have a higher cost of living than others. Other factors that affect compensation are the number of hours worked, company size, job type, level of experience in your career, and location.