Anesthesiologists typically earn salaries in the range from $108,462 to $392,390 a year including bonuses and profit sharing according to salary data provided by Payscale. The yearly bonuses amount to up to $50,951, and reported earnings from profit sharing go up to $49,149 a year.
Anesthesiologists’ annual salaries can vary depending on a number of different factors. Years of professional experience is among the major ones. Anesthesiologists with 1 to 4 years of experience typically earn between $98,264 and $356,351 a year.
Those with 5 to 9 years of experience make between $146,254 and $362,409 a year, professionals with 10 to 19 years of experience are paid between $121,529 and $395,600 annually, and anesthesiologists with 20 or more years of work experience report salaries in the range from $147,949 and $399,110 a year.
The annual bonuses typically increase with experience. Anesthesiologists with 1 to 4 years of experience get $3,931 a year on average, those with 5 to 9 years of experience earn $6,104 a year, professionals with 10 to 19 years of experience earn $5,000 a year, and those with 20 or more years of experience report being paid $18,000 a year on average in bonuses.
Earnings from profit sharing tend to go up with years of experience, too. Anesthesiologists with 1 to 4 years of experience typically get $4,880 a year, those with 5 to 9 years of experience earn $16,000 a year on average, professionals with 10 to 19 years of experience get $24,955 a year, and those with 20 or more years of experience get $28,904 a year on average according to Payscale’s salary statistics.
Average salary
On average, anesthesiologists earn $284,190 a year according to Payscale. The annual salary can vary greatly depending on location, employer, subspecialty, and years of work experience.
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Professionals working in outpatient care centers earn $225,360 a year, those employed by colleges, universities and professional schools are paid $131,890 a year, and anesthesiologists working in offices of other health practitioners earn an annual pay in the average amount of $204,500.
Starting salary
The starting salary for anesthesiologists with less than a year of work experience is generally in the range between $58,958 and $333,329 a year according to salary information provided by Payscale. These professionals get $9,500 a year on average in bonus money.
Hourly wage
The average hourly rate for anesthesiologists can vary depending on a number of factors, from experience and area of specialty to city and employer size.
Anesthesiologists with 1 to 4 years of experience typically earn between $10.75 and $162.50 per hour, those with 5 to 9 years of experience make between $26.21 and $148.45 per hour, and professionals with 10 to 19 years of experience earn from $112.50 to $225.00 per hour.
Anesthesiologists employed in general hospitals typically make between $23.40 and $136.55 per hour, and the average hourly wage for professionals working in hospitals ranges from $22.51 to $122.55. Anesthesiologists working for private practices, on the other hand, earn significantly more, between $77.00 and $170.00 per hour according to Payscale.
The average hourly rate for the profession also varies depending on location. The Bureau of Labor Statistics (BLS) reports that anesthesiologists based in California earn $104.26 per hour, those working in New York make $103.53 per hour, professionals employed in Texas make $111.05 per hour, those based in Illinois earn $105.98 per hour, and anesthesiologists working in Pennsylvania are paid a median hourly wage of $119.79.
The figures also vary depending on employment setting. Anesthesiologists working at physicians’ offices earn $116.30 per hour, those employed in outpatient care centers make $108.35 per hour, professionals working in general medical and surgical hospitals earn $94.57 per hour, those employed in specialty hospitals (excluding psychiatric and substance abuse centers) are paid $110.29 per hour, and anesthesiologists working in offices of other health practitioners make $98.32 per hour on average.
Salary by state
Anesthesiologists’ salaries can be very different from state to state. Professionals working in New York typically earn between $58,983 and $358,750 a year, those employed in California make between $100,330 and $394,559 a year, and anesthesiologists based in Texas earn from $102,040 to $389,776 annually. Professionals working in Florida earn between $122,339 and $393,555 a year, those based in Illinois make between $99,666 and $339,793 a year, and anesthesiologists employed in Ohio earn from $101,367 and $389,776 a year. Anesthesiologists working in Pennsylvania report salaries in the range between $78,906 and $343,301 a year according to Payscale.
The Bureau of Labor Statistics (BLS) reports the highest annual mean wage for the profession to be in Pennsylvania ($249,160), followed by Texas ($230,980), Illinois ($220,450), California ($216,850), and New York ($215,350).
Salary by city
Anesthesiologists’ salaries can vary significantly from city to city. New York-based professionals typically earn between $60,820 and $385,268 a year, those working in Chicago make between $77,500 and $337,521 a year, and anesthesiologists based in Houston are paid between $101,806 and $398,665 annually. Professionals employed in Los Angeles earn from $174,420 to $402,683 a year, those working in Dallas earn between $148,738 and $260,695 a year, and anesthesiologists working in Boston make between $90,545 and $298,326 a year. Professionals based in Philadelphia report salaries in the range between $79,189 and $341,685 a year according to Payscale.
Salary by subspecialty
Area of specialty is another major factor that can affect an anesthesiologist’s salary. For example, professionals specializing in anesthesia report earning between $120,200 and $374,351 a year, those whose expertise lies in pain management generally make between $98,633 and $378,825 a year, and anesthesiologists specializing in critical care report salaries in the range from $245,659 to $356,078 a year according to Payscale.
Other income factors
Anesthesiologists’ salaries can also vary depending on hospital setting. For instance, anesthesiologists working for general hospitals generally earn between $102,308 and $377,562 a year, those working in ambulatory care or surgery centers make between $100,671 and $361,941 a year, and professionals working in physicians’ offices or private practices earn from $196,527 to $350,000 a year. Anesthesiologists working in acure care hospitals make between $270,000 and $384,177 a year, while those employed at colleges and universities report an annual income in the range between $202,500 and $270,000.
Salaries can also sometimes vary depending on an anesthesiologist’s academic background. For example, anesthesiologists who graduated from the Harvard Medical School typically earn between $98,264 and $361,014 a year, those who got their medical degree from the University of Pennsylvania make between $245,659 and $330,644 a year, and professionals who graduated from the Johns Hopkins University report earnings in the range from $160,000 to $340,129 a year according to Payscale.