Anesthesiologist Salary in Hanover Park, IL: $381,796 (2026)
Quick Answer:A full-time anesthesiologist in Hanover Park, IL earns a median $381,796/year (≈ $183.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Hanover Park's price level (3% below national, BEA RPP 97.1), that paycheck buys what $393,199 would nationally. Nominal pay sits 3.9% below the Illinois state average.
Based on BLS state-level estimates · View source
Anesthesiologists in Hanover Park, IL, can expect a median annual salary of $381,796 in 2026, reflecting a competitive compensation structure that contrasts the choice between W-2 employment within hospital systems and partnership opportunities in private anesthesia practices. The projected salary range highlights the variability in earnings, with figures extending from $221,442 to $543,655 depending on experience, subspecialty, and practice setting. These local estimates, derived from 2025 BLS data adjusted for regional price parities, provide a clear picture of how market dynamics shape the anesthesiologist pay in Hanover Park, a situation influenced by recent trends in healthcare employment practices that have favored consolidation and changes in compensation structures.
About the Hanover Park Market
Salary estimated from Illinois average ($390,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $221,442 | $106.46 |
| Lower Range (P25) | $274,894 | $132.16 |
| Median (P50)(typical) | $381,796 | $183.55 |
| Upper Range (P75) | $460,378 | $221.33 |
| Top Earners (P90) | $543,655 | $261.38 |
Median Salary Position
6.68% below the national average
2026 Salary Percentile Distribution in Hanover Park
In Hanover Park, IL, the anesthesiologist salary spread from the 10th to 90th percentile is $322,213 (2026 est.). At $381,796, the local median is 6.68% below the national median of $409,107.
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How Hanover Park Anesthesiologist Pay Compares
Hanover Park median: $381,796/year (2026)
| Compared To | Median Salary | Hanover Park Pays |
|---|---|---|
| Illinois Average | $397,290 | -3.90% less |
| National Average | $409,107 | -6.68% less |
Anesthesiologists in Hanover Park, IL earn a median of $381,796 per year (2026 est.), which is 6.68% lower than the national median of $409,107 and 3.90% below the Illinois state average of $397,290.
Cost-of-Living Adjusted Salary
Hanover Park has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hanover Park, IL has a cost-of-living index of 97.1 (below the national average of 100). A anesthesiologist earning $381,796 nominally has purchasing power equivalent to $393,199 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$280,555
2025 BLS Actual
$365,355
2026 Current Est.
$381,796
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Hanover Park (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $280,555 | Actual |
| 2020 | $293,180 | Actual |
| 2021 | $306,373 | Actual |
| 2022 | $320,159 | Actual |
| 2023 | $334,567 | Actual |
| 2024 | $363,965 | Actual |
| 2025 | $365,355 | Actual |
| 2026(current) | $381,796 | Estimated |
| 2027 | $398,977 | Projected |
Based on 7 years of BLS OEWS data for the Hanover Park metropolitan area, the median anesthesiologist salary grew 30.2% from $280,555 (2019) to $365,355 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $398,977 by 2027 — a total increase of $118,422 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hanover Park metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $221,442 – $274,894 |
| 3-5 years (Mid Career) | $274,894 – $381,796 |
| 5+ years (Experienced) | $381,796 – $460,378 |
| 10+ years (Top Earner) | $460,378 – $543,655 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Hanover Park
With a small yet stable cohort of six anesthesiologists employed in the area, the local job market reflects both an opportunity and a challenge for practitioners. The cost-of-living index in Hanover Park is currently at 97.1, a figure that indicates a lower-than-average living expense in comparison to the national norm. Among local employers, W-2 hospital systems often offer more consistent, albeit sometimes lower, compensation packages, while private groups, particularly those with partnership pathways, may provide greater earning potential, especially for those who can navigate call burdens and develop high-volume surgical relationships. The variation in pay is typically driven by case volume, whether someone has completed a subspecialty fellowship, and the bonus structures associated with hospital-employed models. Anesthesiologists seeking to optimize their earnings in Hanover Park should focus on building strong ties with surgical teams, exploring locum tenens opportunities, and considering the landscape of academic medical centers for potential higher compensation than average.
More salary data for Hanover Park, IL:
Frequently Asked Questions
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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.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $365,355 for anesthesiologistsin the Hanover Park metropolitan area. A 4.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Hanover Park is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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