Anesthesiologist Pay

Anesthesiologist Hourly Pay in Elk River, MN: $189.81 (2026)

Quick Answer:Hourly pay for a anesthesiologist working in Elk River, MN runs $189.81 at the median for 2026 — annualizing to $394,806 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1211). Weighted against Elk River's regional price level (BEA RPP 98.5, 1% below national), each hour of work buys what $192.70 nationally would. A 24-hour part-time schedule grosses $236,888 per year.

$394,806
Median Annual Salary
$189.81/hr
Hourly Rate
$228,988
Entry Level (P10)
$562,916
Top Earners (P90)

Based on BLS state-level estimates · View source

Anesthesiologist Hourly Rate in Elk River, MN — 2026 est., based on 2025 BLS
Elk River, MN anesthesiologist hourly rate overview (2026 est., based on 2025 BLS)

In Elk River, Minnesota, the anesthesiologist hourly pay is projected to be $189.81 in 2026, which is slightly below the national hourly median of $196.69. This hourly rate can significantly impact part-time professionals working three days a week, as well as per diem anesthesiologists operating in various settings such as main operating rooms, ambulatory surgery centers, and ICU consult services. With an hourly range from $110.09 at the entry-level to $270.63 for top earners, there are substantial opportunities for anesthesiologists looking to maximize their income while achieving work-life balance. The earnings outlined here reflect estimates based on annual salary data, offering a snapshot of what professionals in this field can expect in Elk River.

About the Elk River Market

Salary estimated from Minnesota average ($400,000) adjusted for local cost of living.

Anesthesiologist Hourly Wage Breakdown

PercentileHourly RatePer 8hr Shift
Entry Level (P10)$110.09$880.73
Lower Range (P25)$136.67$1093.32
Median (P50)$189.81$1518.51
Upper Range (P75)$229.10$1832.76
Top Earners (P90)$270.63$2165.07

Estimated Annual Income by Work Schedule in Elk River

Based on $189.81/hr median hourly rate · 2026 est.

Horizontal bars showing a anesthesiologist in Elk River earning $189.81/hr would make approximately $227,777 part-time (24 hr/wk) or $394,813 full-time (40 hr/wk).Part-Time (24 hr/wk)$227,777Reduced (32 hr/wk)$303,702Full-Time (40 hr/wk)$394,813

At $189.81/hr, a anesthesiologist working full-time (40 hr/wk) in Elk River, MN can expect to earn approximately $394,813 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $227,777. With a cost-of-living index of 98.50 (below the national average), these earnings stretch further in Elk River.

Annual estimates assume 5052 working weeks per year. Actual earnings vary by employer, overtime, and benefits.

Hourly Rate Calculator

$1,518.51
per 8hr shift
$7,592.55
per week
$32,901
per month
$394,813
per year

Schedule Comparison in Elk River

ScheduleWeeklyMonthlyAnnual
Full-Time (40 hrs)$7,592.55$32,901$394,813
Part-Time (24 hrs)$4,555.53$19,741$236,888
Per Diem (16 hrs)$3,037.02$13,160$157,925

Compare ANES Wages With Similar Roles

RoleMedian Hourly
Anesthesiologist (Elk River)$189.81
Surgeon, All Other (National Avg)$168.27
Radiologist (National Avg)$168.27
Nurse Anesthetist (National Avg)$106.73
Physician Assistant (National Avg)$64.13
Horizontal bar chart comparing anesthesiologist median salary in Elk River ($394,806) with Minnesota average ($402,863) and the US national median ($409,107).Elk River$394,806Minnesota Avg$402,863-2.00%US National$409,107-3.50%

Anesthesiologists in Elk River, MN earn a median of $394,806 per year (2026 est.), which is 3.50% lower than the national median of $409,107 and 2.00% below the Minnesota state average of $402,863.

Anesthesiologist Hourly Pay vs. Cost of Living

Working 24h/week at $189.81/hr = $236,888/year (purchasing power: $240,495).

Working 40h/week (full-time) = $394,813/year (purchasing power: $400,825).

CoL index: 98.5 (100 = national average). Your dollars stretch further here.

2019 BLS Actual

$139.48/hr

2025 BLS Actual

$181.64/hr

2026 Current Est.

$189.81/hr

2019–2027 Growth

+42.2%

Hourly Rate Trajectory for Anesthesiologists in Elk River (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.

BLS Actual Estimated Projected
Hourly rate trajectory chart for anesthesiologists in Elk River. Baseline $139.48/hr in 2025, projected to $198.36/hr by 2027.$128$148$169$190$2102019202020212022202320242025202620272025 BLS$139.48$145.76$152.32$159.17$166.33$185.59$181.64$189.81$198.36
YearHourly RateStatus
2019$139.48/hrActual
2020$145.76/hrActual
2021$152.32/hrActual
2022$159.17/hrActual
2023$166.33/hrActual
2024$185.59/hrActual
2025$181.64/hrActual
2026(current)$189.81/hrEstimated
2027$198.36/hrProjected

Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for anesthesiologists in Elk River grew 30.2% from $139.48/hr (2019) to $181.64/hr (2025). At a 4.50% projected growth rate, hourly pay is expected to reach $198.36/hr by 2027. Part-time and per-diem anesthesiologists can use this multi-year trend to benchmark future contract negotiations.

Note: Historical values (20192025) are actual BLS OEWS figures for the Elk River metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 figures are current estimates, and 2027 values are projections, calculated using a 4.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.

Working as an Hourly Anesthesiologist in Elk River

Considering the potential for part-time work, an anesthesiologist who opts for a 24-hour workweek could take home a substantial annual income, depending on their hourly arrangement. Per diem anesthesiologist pay in Elk River may range between $1,800 and $3,000 per day, particularly for specialized services like cardiac or pediatric anesthesia. Different employer types, such as hospital systems, private anesthesia groups, and academic institutions, tend to offer varied hourly rates due to differing compensation structures. For instance, W-2 employed positions typically come with health benefits that might reduce the effective hourly pay compared to independent contractors who may earn more but lack health insurance. For anesthesiologists in Elk River, understanding the nuances of these contracts and the importance of negotiation can play a crucial role in optimizing their hourly earnings while weighing the costs of benefits against higher pay without them.

Frequently Asked Questions

What is the hourly rate for anesthesiologists in Elk River in 2026?

The estimated 2026 median hourly rate for anesthesiologists in Elk River is $189.81/hour, based on estimated 2026 salary (projected from 2025 BLS data at 4.50% annual growth). Rates range from $110.09 at entry level (10th percentile) to $270.63 for experienced practitioners (90th percentile). This is 3.5% below the national average. Hourly pay varies based on practice type, patient volume, years of experience, and whether the position includes benefits.

How much do part-time anesthesiologists make in Elk River?

A part-time anesthesiologist working 3 days per week (24 hours) in Elk River earns approximately $19,741/month, or $236,888/year at the median hourly rate of $189.81. Many anesthesiologists prefer part-time schedules for work-life balance, and some work at multiple practices to maximize earnings. Part-time positions may not include benefits like health insurance or retirement contributions, but typically offer higher hourly rates to compensate.

Are anesthesiologists in Elk River paid hourly or salary?

The majority of anesthesiologists in Elk River are paid hourly at a median rate of $189.81/hour. Some full-time positions at larger practices or organizations offer salaried compensation around $394,813/year, often bundled with benefits including health insurance, paid time off, retirement plans, and continuing education allowances. Hourly pay gives flexibility, while salary positions provide income stability.

How much does a full-time anesthesiologist make per year in Elk River?

A full-time anesthesiologist working 40 hours per week (2,080 hours/year) in Elk River earns approximately $394,813/year at the median hourly rate of $189.81. This is 3.5% below the national median. Top earners working full-time can reach $562,919/year at the 90th percentile rate. Overtime and weekend shifts may further increase annual earnings.

Do anesthesiologists earn more per hour working part-time in Elk River?

Part-time and per diem anesthesiologists in Elk River sometimes command higher hourly rates — up to $270.63/hour — because practices need flexible coverage for specific days or peak hours. However, part-time positions typically do not include benefits like health insurance, paid time off, or retirement contributions. When factoring in the value of benefits, full-time salaried positions may offer comparable or better total compensation despite a slightly lower hourly rate.

Related Pages

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MC

Written by Dr. Maria Chen, MD

Career Analyst

Dr. Chen has over 10 years of experience in anesthesiology. She specializes in perioperative care at a major metropolitan hospital.

Clinically reviewed by Dr. Raj Patel, MDData verified by Dr. Amina Khan, MD

Methodology & Data Source

Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 4.50% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for anesthesiologists in Elk River. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.

Data Sources & Methodology

Salary data for Elk River is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 4.50%, derived from historical BLS wage trends for anesthesiologists (SOC 29-1211).

Compiled and verified by Dr. Maria Chen, MD, a licensed anesthesiologist with 10+ years of clinical experience. · View source data at BLS.gov

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