Anesthesiologist Salary in Madison, WI: $444,117 (2026)
Quick Answer:A full-time anesthesiologist in Madison, WI earns a median $444,117/year (≈ $213.51/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Madison's price level (7% below national, BEA RPP 93.4), that paycheck buys what $475,500 would nationally. Nominal pay sits 1.9% above the Wisconsin state average.
Based on BLS state-level estimates · View source
An anesthesiologist salary in Madison is projected to reach a median of $444,117 in 2026, reflecting a notable increase compared to national figures. This compensation level, spanning a range from $257,587 at the 10th percentile to $666,273 at the 90th percentile, reflects local market dynamics driven by employment structures. Anesthesiologists in Madison often face a choice between W-2 hospital employment and private group partnerships, which can significantly influence overall earnings and job satisfaction. With competitive compensation and a lower cost of living index at 93.4 compared to the national average, Madison presents a compelling opportunity for anesthesiologists seeking balance in their professional and personal lives.
About the Madison Market
Salary estimated from Wisconsin average ($390,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $257,587 | $123.84 |
| Lower Range (P25) | $319,764 | $153.73 |
| Median (P50)(typical) | $444,117 | $213.51 |
| Upper Range (P75) | $568,470 | $273.30 |
| Top Earners (P90) | $666,273 | $320.32 |
Median Salary Position
8.56% above the national average
2026 Salary Percentile Distribution in Madison
In Madison, WI, the anesthesiologist salary spread from the 10th to 90th percentile is $408,686 (2026 est.). At $444,117, the local median is 8.56% above the national median of $409,107.
Salary Calculator
At 40 hours/week in Madison: You'd be in the lower-middle range
How Madison Anesthesiologist Pay Compares
Madison median: $444,117/year (2026)
| Compared To | Median Salary | Madison Pays |
|---|---|---|
| Wisconsin Average | $435,836 | +1.90% more |
| National Average | $409,107 | +8.56% more |
Anesthesiologists in Madison, WI earn a median of $444,117 per year (2026 est.), which is 8.56% higher than the national median of $409,107 and 1.90% above the Wisconsin state average of $435,836.
Cost-of-Living Adjusted Salary
Madison has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Madison, WI has a cost-of-living index of 93.4 (below the national average of 100). A anesthesiologist earning $444,117 nominally has purchasing power equivalent to $475,500 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$326,350
2025 BLS Actual
$424,992
2026 Current Est.
$444,117
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Madison (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $326,350 | Actual |
| 2020 | $341,035 | Actual |
| 2021 | $356,382 | Actual |
| 2022 | $372,419 | Actual |
| 2023 | $84,310 | Actual |
| 2024 | $371,241 | Actual |
| 2025 | $424,992 | Actual |
| 2026(current) | $444,117 | Estimated |
| 2027 | $464,102 | Projected |
Based on 7 years of BLS OEWS data for the Madison metropolitan area, the median anesthesiologist salary grew 30.2% from $326,350 (2019) to $424,992 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $464,102 by 2027 — a total increase of $137,752 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Madison 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) | $257,587 – $319,764 |
| 3-5 years (Mid Career) | $319,764 – $444,117 |
| 5+ years (Experienced) | $444,117 – $568,470 |
| 10+ years (Top Earner) | $568,470 – $666,273 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Madison
A total of 64 anesthesiologists are currently employed in the Madison area, contributing to a robust job market. The city’s cost-of-living index suggests that although compensation is competitive, the take-home purchasing power is enhanced, making it a desirable location for both W-2 employed physicians and those pursuing partnership tracks with private anesthesia groups. Leading employers include major hospital systems and academic medical centers, where factors such as case volume, subspecialty fellowships, and RVU bonuses play pivotal roles in compensation. Understanding the dynamics of partnership equity and call rotation can further influence salaries. To maximize anesthesiologist pay in Madison, professionals should consider engaging with multiple employers to identify those offering the best financial packages, while also weighing the benefits of lifestyle and job satisfaction.
More salary data for Madison, WI:
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 $424,992 for anesthesiologistsin the Madison 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 Madison 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