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