Anesthesiology Physician Salary 2026

Anesthesiologist Salary, Hourly Rates, and Locum Income

Explore anesthesiologist salary ranges, day rates, and how subspecialty and locum work shape earning potential.

What Is the Average Anesthesiologist Salary?

Anesthesiology consistently ranks among the highest-compensated physician specialties. Across major national benchmarks, most full-time anesthesiologists earn between $331,000 and $500,000 annually, with subspecialty and locum roles pushing higher.

National Salary Benchmarks

Source What it Measures Compensation
Bureau of Labor Statistics, OEWS May 2024 (SOC 29-1211) Mean annual wage $331,190
Medscape Physician Compensation Report (2025) Average total compensation $428,000
Doximity Physician Compensation Report (2025) Median total compensation $449,530
SalaryDr (April 2026) Median verified compensation $475,000
ASA/MGMA Anesthesiology Compensation Survey (2024) Median total compensation $500,000

Note: BLS reports base wages. Doximity, SalaryDr, and ASA/MGMA capture broader total compensation including call pay, productivity bonuses, and profit-sharing.

Barton insight:

Anesthesiology is one of the few specialties where the locum market is deep enough to support full-time independent practice at rates that exceed most employed positions.

Anesthesiologist Hourly Rates and Day Rates

Anesthesiology locum work is typically structured by the day, with day rates varying by subspecialty, call intensity, and market demand.

Compensation Type Hourly Rate
W-2 employed (BLS mean, ~2,080 hrs) ~$159 /hr
Locum tenens — lower band $2,500 /day
Locum tenens — upper band $3,500 /day

Sources: BLS OEWS May 2024; Barton Associates market data 2025–2026.

Barton insight:

Anesthesiology locum day rates are among the highest in medicine. The structural driver is simple: OR schedules cannot run without anesthesia coverage, and the specialty has one of the longest training pipelines in medicine.

Where Anesthesiology Pays More

Geographic variation in anesthesiology compensation is driven primarily by supply-demand imbalance rather than cost of living. The AAMC projects a shortage of 12,500 anesthesiologists by 2033 — a structural driver of sustained locum demand.

Highest-Paying States (BLS OES May 2024)
Source: Bureau of Labor Statistics, OES May 2024, SOC 29-1211

Barton insight:

Anesthesiology pay tracks supply density, not prestige markets. Mid-sized regions with fewer anesthesiologists often outpay major metros.

What a Full-Time Clinical Load Looks Like in Anesthesiology

A standard full-time anesthesiologist covers 8 to 10 OR cases per day, 4 to 5 days per week, with call responsibilities adding additional volume. The AAMC projects a shortage of 12,500 anesthesiologists by 2033, driven by growing surgical volumes and an aging workforce. Subspecialty roles — cardiac, pediatric, regional, and neuroanesthesia — command premiums of 15–30% above general anesthesia rates.

Anesthesiology Locum Tenens Income Potential

Locum day rates range from $2,500 to $3,500 per day. The four scenarios below use representative rates from within that band.

Scenario 1: Supplemental Coverage
  • Effort: Low
  • Best for: Increasing income without leaving a primary role
  • 4 days per month
  • $2,500 per day
Scenario 2: One Week Per Month
  • Effort: Medium
  • Best for: Partial transition to locum work
  • 7 days per month
  • $2,750 per day
Scenario 3: Hybrid Model
  • Effort: High
  • Best for: Maximizing income within a stable structure
  • $449,530 employed base (Doximity median)
  • Plus 3 locum days/month at $3,000/day
Scenario 4: Full-Time Locum
  • Effort: High
  • Best for: Schedule control and high earning consistency
  • 14 days per month
  • $3,200 per day

To exceed $600,000: focus on cardiac and pediatric subspecialty coverage, call-heavy assignments, and undersupplied markets.

Barton insight:

Anesthesiology locum income scales with subspecialty demand and call intensity. The more specialized and harder to staff the role, the higher the rate.

What 1099 Anesthesiologists Actually Take Home

A $3,000/day locum rate versus a $159/hr W-2 equivalent represents a substantial structural advantage. 1099 anesthesiologists unlock business deductions across licensing, CME, home office, equipment, and travel; higher retirement contributions through a SEP-IRA or Solo 401(k); the Qualified Business Income deduction of up to 20%; and S-corp structuring at higher income levels. Barton partners with Earned to help locum physicians navigate these decisions.

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Emergency Medicine Salary FAQ

Most earn between $331,190 (BLS mean) and $500,000 (ASA/MGMA median). Physician-reported benchmarks from Doximity ($449,530) and Medscape ($428,000) sit in the middle of that range.

Locum anesthesiology day rates typically range from $2,500 to $3,500 per day, depending on subspecialty, call intensity, and market demand. Cardiac and pediatric subspecialty coverage commands the top of the band.

Yes. Hybrid models combining employed income with regular locum days can push total compensation above $557,000. Full-time locum at $3,200/day working 14 days/month yields approximately $537,600 annually.

Wyoming ($407,450), Montana ($398,320), North Dakota ($391,190), South Dakota ($385,870), and Nebraska ($381,340) lead BLS state data. Mid-sized markets with lower anesthesiologist density consistently outpay major coastal metros.

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