Anesthesiologist Salary in Ferndale, MI: $361,838 (2026)
Quick Answer:A full-time anesthesiologist in Ferndale, MI earns a median $361,838/year (≈ $173.96/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Ferndale's price level (7% below national, BEA RPP 93.2), that paycheck buys what $388,238 would nationally. Nominal pay sits 5.1% below the Michigan state average.
Based on BLS state-level estimates · View source
In Ferndale, Michigan, the compensation for anesthesiologists reflects the ongoing divergence in employment models within the field. The projected median annual salary reaches $361,838 in 2026, placing it 11.55% below the national median of $409,107. The salary range varies significantly, from $209,865 at the 10th percentile to $477,151 at the 90th percentile, highlighting the impact of the structural choice between W-2 hospital employment and private group partnerships on effective compensation. Local estimates derived from 2025 BLS data and adjusted for regional cost factors offer insight into the financial dynamics facing physicians in this metropolitan area. Anesthesiologists in Ferndale must evaluate the pros and cons of employment structures, as the choice between a stable hospital position and the potential for higher earnings in private practice can shape one's career trajectory in this unique job market.
About the Ferndale Market
Salary estimated from Michigan average ($380,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $209,865 | $100.89 |
| Lower Range (P25) | $260,523 | $125.25 |
| Median (P50)(typical) | $361,838 | $173.96 |
| Upper Range (P75) | $437,931 | $210.55 |
| Top Earners (P90) | $477,151 | $229.40 |
Median Salary Position
11.55% below the national average
2026 Salary Percentile Distribution in Ferndale
In Ferndale, MI, the anesthesiologist salary spread from the 10th to 90th percentile is $267,286 (2026 est.). At $361,838, the local median is 11.55% below the national median of $409,107.
Salary Calculator
At 40 hours/week in Ferndale: You'd be above the median
How Ferndale Anesthesiologist Pay Compares
Ferndale median: $361,838/year (2026)
| Compared To | Median Salary | Ferndale Pays |
|---|---|---|
| Michigan Average | $381,283 | -5.10% less |
| National Average | $409,107 | -11.55% less |
Anesthesiologists in Ferndale, MI earn a median of $361,838 per year (2026 est.), which is 11.55% lower than the national median of $409,107 and 5.10% below the Michigan state average of $381,283.
Cost-of-Living Adjusted Salary
Ferndale has a cost of living 6.80% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Ferndale, MI has a cost-of-living index of 93.2 (below the national average of 100). A anesthesiologist earning $361,838 nominally has purchasing power equivalent to $388,238 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$265,889
2025 BLS Actual
$346,256
2026 Current Est.
$361,838
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Ferndale (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $265,889 | Actual |
| 2020 | $277,853 | Actual |
| 2021 | $290,357 | Actual |
| 2022 | $303,423 | Actual |
| 2023 | $317,077 | Actual |
| 2024 | $336,093 | Actual |
| 2025 | $346,256 | Actual |
| 2026(current) | $361,838 | Estimated |
| 2027 | $378,120 | Projected |
Based on 7 years of BLS OEWS data for the Ferndale metropolitan area, the median anesthesiologist salary grew 30.2% from $265,889 (2019) to $346,256 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $378,120 by 2027 — a total increase of $112,231 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Ferndale 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) | $209,865 – $260,523 |
| 3-5 years (Mid Career) | $260,523 – $361,838 |
| 5+ years (Experienced) | $361,838 – $437,931 |
| 10+ years (Top Earner) | $437,931 – $477,151 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Ferndale
The job market for anesthesiologists in Ferndale is currently served by only five professionals, which points to a relatively niche yet essential workforce. With a cost-of-living index of 93.2, the purchasing power afforded by anesthesiologist pay in Ferndale MI allows providers to maintain a comfortable standard of living despite the lower financial compensation compared to national averages. Those employed in local hospital systems may find a lower pay scale due to the secure benefits associated with W-2 positions, while private anesthesia group practices might offer higher salaries alongside the challenges linked to partnership equity and call burdens. A significant spread exists between lower and higher compensation in Ferndale, driven by factors such as case volume, subspecialty training, and the incentives tied to RVUs. Anesthesiologists aiming to maximize their pay should consider pursuing high-demand procedures and potentially shifting towards private practice or locum tenens roles, where compensation models may be more lucrative and reflective of market demand.
More salary data for Ferndale, MI:
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 $346,256 for anesthesiologistsin the Ferndale 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 Ferndale 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