Anesthesiologist Salary in Troy, MI: $383,651 (2026)
Quick Answer:A full-time anesthesiologist in Troy, MI earns a median $383,651/year (≈ $184.44/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Troy's price level (7% below national, BEA RPP 93.2), that paycheck buys what $411,643 would nationally. Nominal pay sits 0.6% above the Michigan state average.
Based on BLS state-level estimates · View source
Anesthesiologists in Troy, MI, earn a median salary of $383,651 in 2026, which is lower than the national median of $409,107 by 6.22%. Salaries span a wide range, with the lower 10% making $222,517 and top earners in the 90th percentile bringing in as much as $544,408. These figures, estimated based on 2025 BLS data and regional price adjustments, reflect the varying compensation structures between W-2 hospital employment and private group partnerships. The growing demand for anesthesiology services in Troy, amplified by regional healthcare trends, suggests a competitive job market for both types of employment.
About the Troy Market
Salary estimated from Michigan average ($380,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $222,517 | $106.98 |
| Lower Range (P25) | $276,229 | $132.80 |
| Median (P50)(typical) | $383,651 | $184.44 |
| Upper Range (P75) | $481,463 | $231.47 |
| Top Earners (P90) | $544,408 | $261.73 |
Median Salary Position
6.22% below the national average
2026 Salary Percentile Distribution in Troy
In Troy, MI, the anesthesiologist salary spread from the 10th to 90th percentile is $321,891 (2026 est.). At $383,651, the local median is 6.22% below the national median of $409,107.
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At 40 hours/week in Troy: You'd be above the median
How Troy Anesthesiologist Pay Compares
Troy median: $383,651/year (2026)
| Compared To | Median Salary | Troy Pays |
|---|---|---|
| Michigan Average | $381,363 | +0.60% more |
| National Average | $409,107 | -6.22% less |
Anesthesiologists in Troy, MI earn a median of $383,651 per year (2026 est.), which is 6.22% lower than the national median of $409,107 and 0.60% above the Michigan state average of $381,363.
Cost-of-Living Adjusted Salary
Troy 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.
Troy, MI has a cost-of-living index of 93.2 (below the national average of 100). A anesthesiologist earning $383,651 nominally has purchasing power equivalent to $411,643 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$281,918
2025 BLS Actual
$367,130
2026 Current Est.
$383,651
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Troy (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $281,918 | Actual |
| 2020 | $294,604 | Actual |
| 2021 | $307,861 | Actual |
| 2022 | $321,715 | Actual |
| 2023 | $336,192 | Actual |
| 2024 | $356,355 | Actual |
| 2025 | $367,130 | Actual |
| 2026(current) | $383,651 | Estimated |
| 2027 | $400,915 | Projected |
Based on 7 years of BLS OEWS data for the Troy metropolitan area, the median anesthesiologist salary grew 30.2% from $281,918 (2019) to $367,130 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $400,915 by 2027 — a total increase of $118,997 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Troy 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) | $222,517 – $276,229 |
| 3-5 years (Mid Career) | $276,229 – $383,651 |
| 5+ years (Experienced) | $383,651 – $481,463 |
| 10+ years (Top Earner) | $481,463 – $544,408 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Troy
In Troy, the job market employs 20 anesthesiologists, which indicates a relatively stable demand for anesthesia providers. Given the cost-of-living index of 93.2, anesthesiologists may find their purchasing power somewhat advantageous compared to the national average. Employers offering the highest anesthesiologist pay in Troy include large hospital systems, private anesthesia practice groups, and academic medical centers where case volume and call burden significantly influence compensation. Factors such as partnership equity offerings, additional call obligations, and subspecialty training can create notable salary disparities in the area. To maximize pay, anesthesiologists should consider pursuing lucrative opportunities with RVU bonus structures and evaluate options between W-2 employment versus 1099 contracts, understanding that their choice affects not just income but overall career trajectory in anesthesiology.
More salary data for Troy, 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 $367,130 for anesthesiologistsin the Troy 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 Troy 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