Anesthesiologist Salary in Hoffman Estates, IL: $395,772 (2026)
Quick Answer:A full-time anesthesiologist in Hoffman Estates, IL earns a median $395,772/year (≈ $190.27/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Hoffman Estates's price level (3% below national, BEA RPP 97.1), that paycheck buys what $407,592 would nationally. Nominal pay sits 0.4% below the Illinois state average.
Based on BLS state-level estimates · View source
In Hoffman Estates, Illinois, the anesthesiologist salary landscape for 2026 reveals a median annual income of $395,772. This figure places local compensation slightly below the national median of $409,107, highlighting the competitive nature of anesthesiology in the area. The salary range can vary significantly, with the lowest 10% earning around $229,548 and the highest 90% commanding up to $553,693. These estimates are based on 2025 BLS data projected to 2026, taking into account regional cost adjustments. The structural divide between W-2 employed anesthesiologists in hospital settings versus those in private group partnerships plays a vital role in shaping these compensation figures, influencing job availability and effective pay in the Hoffman Estates market.
About the Hoffman Estates Market
Salary estimated from Illinois average ($390,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $229,548 | $110.36 |
| Lower Range (P25) | $284,956 | $137.00 |
| Median (P50)(typical) | $395,772 | $190.27 |
| Upper Range (P75) | $491,924 | $236.50 |
| Top Earners (P90) | $553,693 | $266.20 |
Median Salary Position
3.26% below the national average
2026 Salary Percentile Distribution in Hoffman Estates
In Hoffman Estates, IL, the anesthesiologist salary spread from the 10th to 90th percentile is $324,145 (2026 est.). At $395,772, the local median is 3.26% below the national median of $409,107.
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How Hoffman Estates Anesthesiologist Pay Compares
Hoffman Estates median: $395,772/year (2026)
| Compared To | Median Salary | Hoffman Estates Pays |
|---|---|---|
| Illinois Average | $397,361 | -0.40% less |
| National Average | $409,107 | -3.26% less |
Anesthesiologists in Hoffman Estates, IL earn a median of $395,772 per year (2026 est.), which is 3.26% lower than the national median of $409,107 and 0.40% below the Illinois state average of $397,361.
Cost-of-Living Adjusted Salary
Hoffman Estates 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.
Hoffman Estates, IL has a cost-of-living index of 97.1 (below the national average of 100). A anesthesiologist earning $395,772 nominally has purchasing power equivalent to $407,592 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$290,824
2025 BLS Actual
$378,729
2026 Current Est.
$395,772
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Hoffman Estates (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $290,824 | Actual |
| 2020 | $303,911 | Actual |
| 2021 | $317,587 | Actual |
| 2022 | $331,879 | Actual |
| 2023 | $346,813 | Actual |
| 2024 | $377,287 | Actual |
| 2025 | $378,729 | Actual |
| 2026(current) | $395,772 | Estimated |
| 2027 | $413,582 | Projected |
Based on 7 years of BLS OEWS data for the Hoffman Estates metropolitan area, the median anesthesiologist salary grew 30.2% from $290,824 (2019) to $378,729 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $413,582 by 2027 — a total increase of $122,758 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hoffman Estates 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) | $229,548 – $284,956 |
| 3-5 years (Mid Career) | $284,956 – $395,772 |
| 5+ years (Experienced) | $395,772 – $491,924 |
| 10+ years (Top Earner) | $491,924 – $553,693 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Hoffman Estates
Analyzing the job market reveals that there are currently eight anesthesiologists employed in the Hoffman Estates area, a relatively small number that may impact competition for positions. The cost of living index for this region stands at 97.1, which is slightly below the national average, indicating that while salaries may be lower than the national median, the purchasing power in Hoffman Estates remains relatively robust. Among various employment structures, W-2 hospital systems typically offer more stable salaries, while private anesthesia groups may present opportunities for higher earnings through partnership equity and bonuses, especially if anesthesiologists possess subspecialty fellowships or handle higher case volumes. Factors influencing compensation disparities include demand for specialized care, the burden of on-call rotations, and differences in revenue models between employed and partnership tracks. For anesthesiologists in Hoffman Estates looking to maximize their pay, pursuing cases in high-volume practices, expanding clinical skills, and understanding the intricacies of RVU-based incentives will be essential.
More salary data for Hoffman Estates, 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 $378,729 for anesthesiologistsin the Hoffman Estates 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 Hoffman Estates 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