Anesthesiologist Hourly Pay in Memphis, TN: $194.68 (2026)
Quick Answer:Hourly pay for a anesthesiologist working in Memphis, TN runs $194.68 at the median for 2026 — annualizing to $404,940 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 29-1211). Weighted against Memphis's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $212.07 nationally would. A 24-hour part-time schedule grosses $242,965 per year.
Based on BLS state-level estimates · View source
In 2026, the anesthesiologist hourly pay in Memphis, Tennessee, is projected to reach $194.68, slightly trailing the national median of $196.69. This figure can significantly impact part-time anesthesiologists who work around three days a week, translating into a robust income, particularly in a city with a lower cost of living index at 91.8. With hourly rates ranging from $112.91 for entry-level positions to $295.69 for top earners, the pay reflects the specialized skills and responsibilities of the profession. Anesthesiologists typically work in a variety of settings, including operating rooms, ambulatory surgery centers, and pain clinics, allowing for flexibility with per-diem roles that further bolster income potential.
About the Memphis Market
Salary estimated from Tennessee average ($360,000) adjusted for local cost of living.
Anesthesiologist Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $112.91 | $903.30 |
| Lower Range (P25) | $140.18 | $1121.41 |
| Median (P50) | $194.68 | $1557.47 |
| Upper Range (P75) | $249.19 | $1993.53 |
| Top Earners (P90) | $295.69 | $2365.55 |
Estimated Annual Income by Work Schedule in Memphis
Based on $194.68/hr median hourly rate · 2026 est.
At $194.68/hr, a anesthesiologist working full-time (40 hr/wk) in Memphis, TN can expect to earn approximately $404,942 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $233,620. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Memphis.
Hourly Rate Calculator
Schedule Comparison in Memphis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $7,787.34 | $33,745 | $404,942 |
| Part-Time (24 hrs) | $4,672.40 | $20,247 | $242,965 |
| Per Diem (16 hrs) | $3,114.94 | $13,498 | $161,977 |
Compare ANES Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Anesthesiologist (Memphis) | $194.68 |
| Surgeon, All Other (National Avg) | $168.27 |
| Radiologist (National Avg) | $168.27 |
| Nurse Anesthetist (National Avg) | $106.73 |
| Physician Assistant (National Avg) | $64.13 |
Anesthesiologists in Memphis, TN earn a median of $404,940 per year (2026 est.), which is 1.02% lower than the national median of $409,107 and 7.80% above the Tennessee state average of $375,640.
Anesthesiologist Hourly Pay vs. Cost of Living
Working 24h/week at $194.68/hr = $242,965/year (purchasing power: $264,668).
Working 40h/week (full-time) = $404,942/year (purchasing power: $441,113).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$143.06/hr
2025 BLS Actual
$186.30/hr
2026 Current Est.
$194.68/hr
2019–2027 Growth
+42.2%
Hourly Rate Trajectory for Anesthesiologists in Memphis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $143.06/hr | Actual |
| 2020 | $149.50/hr | Actual |
| 2021 | $156.22/hr | Actual |
| 2022 | $163.25/hr | Actual |
| 2023 | $170.60/hr | Actual |
| 2024 | $171.31/hr | Actual |
| 2025 | $186.30/hr | Actual |
| 2026(current) | $194.68/hr | Estimated |
| 2027 | $203.44/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for anesthesiologists in Memphis grew 30.2% from $143.06/hr (2019) to $186.30/hr (2025). At a 4.50% projected growth rate, hourly pay is expected to reach $203.44/hr by 2027. Part-time and per-diem anesthesiologists can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Memphis 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.
Working as an Hourly Anesthesiologist in Memphis
Occupying positions within different types of healthcare systems influences how anesthesiologists can maximize their earnings. For instance, part-time anesthesiologists working 24 hours per week could net roughly $178,000 annually, which is significantly lower than full-time counterparts but still competitive. Alternatively, per diem anesthesiologists can expect to bill around $1,800 to $3,000 daily for specialized procedures, especially in high-demand fields such as cardiac care. While varying employer types in Memphis offer divergent pay structures, from hospital systems employing W-2 staff to private practices and locum tenens agencies, many professionals weigh the trade-offs between higher hourly rates without benefits versus lower rates that include health coverage. Anesthesiologists in Memphis should carefully negotiate their contracts, keeping in mind the substantial differences in compensation across these employment models.
More salary data for Memphis, TN:
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
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 Memphis. 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 Memphis 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