Anesthesiologist Salary in Park Ridge, IL: $381,951 (2026)
Quick Answer:A full-time anesthesiologist in Park Ridge, IL earns a median $381,951/year (≈ $183.63/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Park Ridge's price level (3% below national, BEA RPP 97.1), that paycheck buys what $393,358 would nationally. Nominal pay sits 3.8% below the Illinois state average.
Based on BLS state-level estimates · View source
In Park Ridge, IL, anesthesiologists can anticipate a projected median annual salary of $381,951 for 2026. This figure reflects local estimates based on 2025 BLS Occupational Employment and Wage Statistics data, inclusive of regional cost adjustments. The pay scale varies significantly, spanning from $221,532 at the 10th percentile to $530,656 for those at the 90th percentile. Despite the competitive compensation, the salary falls about 6.64% below the national median of $409,107. Subspecialty fellowships can significantly impact take-home pay, especially in high-demand areas such as pain management or critical care, making Park Ridge an attractive location for anesthesiologists with advanced qualifications.
About the Park Ridge Market
Salary estimated from Illinois average ($390,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $221,532 | $106.51 |
| Lower Range (P25) | $275,004 | $132.21 |
| Median (P50)(typical) | $381,951 | $183.63 |
| Upper Range (P75) | $460,745 | $221.51 |
| Top Earners (P90) | $530,656 | $255.13 |
Median Salary Position
6.64% below the national average
2026 Salary Percentile Distribution in Park Ridge
In Park Ridge, IL, the anesthesiologist salary spread from the 10th to 90th percentile is $309,124 (2026 est.). At $381,951, the local median is 6.64% below the national median of $409,107.
Salary Calculator
At 40 hours/week in Park Ridge: You'd be above the median
How Park Ridge Anesthesiologist Pay Compares
Park Ridge median: $381,951/year (2026)
| Compared To | Median Salary | Park Ridge Pays |
|---|---|---|
| Illinois Average | $397,038 | -3.80% less |
| National Average | $409,107 | -6.64% less |
Anesthesiologists in Park Ridge, IL earn a median of $381,951 per year (2026 est.), which is 6.64% lower than the national median of $409,107 and 3.80% below the Illinois state average of $397,038.
Cost-of-Living Adjusted Salary
Park Ridge 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.
Park Ridge, IL has a cost-of-living index of 97.1 (below the national average of 100). A anesthesiologist earning $381,951 nominally has purchasing power equivalent to $393,358 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$280,668
2025 BLS Actual
$365,503
2026 Current Est.
$381,951
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Park Ridge (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $280,668 | Actual |
| 2020 | $293,298 | Actual |
| 2021 | $306,497 | Actual |
| 2022 | $320,289 | Actual |
| 2023 | $334,702 | Actual |
| 2024 | $364,111 | Actual |
| 2025 | $365,503 | Actual |
| 2026(current) | $381,951 | Estimated |
| 2027 | $399,138 | Projected |
Based on 7 years of BLS OEWS data for the Park Ridge metropolitan area, the median anesthesiologist salary grew 30.2% from $280,668 (2019) to $365,503 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $399,138 by 2027 — a total increase of $118,470 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Park Ridge 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) | $221,532 – $275,004 |
| 3-5 years (Mid Career) | $275,004 – $381,951 |
| 5+ years (Experienced) | $381,951 – $460,745 |
| 10+ years (Top Earner) | $460,745 – $530,656 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Park Ridge
Analyzing the local job market, only seven anesthesiologists are currently employed in Park Ridge, revealing a tightly-knit community that could influence job opportunities and competition. With a cost-of-living index of 97.1, expenses in Park Ridge are below the national average, which potentially enhances the purchasing power of anesthesiologists working in the region. High-paying employers typically include hospital systems and private anesthesia group practices that offer partnership tracks, which create a variation in compensation due to factors like case volume, call burden, and RVU bonuses for hospital-employed positions. To maximize their earnings, anesthesiologists in Park Ridge might consider pursuing training in subspecialties that are highly regarded, while also weighing the advantages of W-2 employment against 1099 partnership agreements. These strategies are crucial for achieving optimal anesthesiologist pay in Park Ridge IL.
More salary data for Park Ridge, 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 $365,503 for anesthesiologistsin the Park Ridge 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 Park Ridge 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