Anesthesiologist Salary in Waterford, MI: $372,085 (2026)
Quick Answer:A full-time anesthesiologist in Waterford, MI earns a median $372,085/year (≈ $178.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Waterford's price level (7% below national, BEA RPP 93.2), that paycheck buys what $399,233 would nationally. Nominal pay sits 2.4% below the Michigan state average.
Based on BLS state-level estimates · View source
In Waterford, MI, anesthesiologists can expect a median annual salary of $372,085 in 2026. This figure sits below the national average of $409,107, highlighting a compensation gap that stems from local market dynamics, including the structural choice between W-2 hospital employment and private group partnerships. The salary range for anesthesiologists in the area extends from $215,809 at the 10th percentile to $528,830 at the 90th percentile, illustrating a wide variance in pay depending on individual circumstances and employer type. These numbers are derived from estimates based on 2025 BLS data, adjusted for local cost structures, presenting a clearer picture of anesthesiologist pay Waterford MI as the job market continues to evolve.
About the Waterford Market
Salary estimated from Michigan average ($380,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $215,809 | $103.76 |
| Lower Range (P25) | $267,901 | $128.80 |
| Median (P50)(typical) | $372,085 | $178.88 |
| Upper Range (P75) | $467,448 | $224.74 |
| Top Earners (P90) | $528,830 | $254.25 |
Median Salary Position
9.05% below the national average
2026 Salary Percentile Distribution in Waterford
In Waterford, MI, the anesthesiologist salary spread from the 10th to 90th percentile is $313,021 (2026 est.). At $372,085, the local median is 9.05% below the national median of $409,107.
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At 40 hours/week in Waterford: You'd be above the median
How Waterford Anesthesiologist Pay Compares
Waterford median: $372,085/year (2026)
| Compared To | Median Salary | Waterford Pays |
|---|---|---|
| Michigan Average | $381,234 | -2.40% less |
| National Average | $409,107 | -9.05% less |
Anesthesiologists in Waterford, MI earn a median of $372,085 per year (2026 est.), which is 9.05% lower than the national median of $409,107 and 2.40% below the Michigan state average of $381,234.
Cost-of-Living Adjusted Salary
Waterford 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.
Waterford, MI has a cost-of-living index of 93.2 (below the national average of 100). A anesthesiologist earning $372,085 nominally has purchasing power equivalent to $399,233 in an average-cost city — an effective 7.3% boost.
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2019 BLS Actual
$273,418
2025 BLS Actual
$356,062
2026 Current Est.
$372,085
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Waterford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $273,418 | Actual |
| 2020 | $285,722 | Actual |
| 2021 | $298,580 | Actual |
| 2022 | $312,016 | Actual |
| 2023 | $326,057 | Actual |
| 2024 | $345,612 | Actual |
| 2025 | $356,062 | Actual |
| 2026(current) | $372,085 | Estimated |
| 2027 | $388,829 | Projected |
Based on 7 years of BLS OEWS data for the Waterford metropolitan area, the median anesthesiologist salary grew 30.2% from $273,418 (2019) to $356,062 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $388,829 by 2027 — a total increase of $115,411 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Waterford 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) | $215,809 – $267,901 |
| 3-5 years (Mid Career) | $267,901 – $372,085 |
| 5+ years (Experienced) | $372,085 – $467,448 |
| 10+ years (Top Earner) | $467,448 – $528,830 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Waterford
The local anesthesiologist job market features 16 professionals, which may suggest a stable demand for services given the area's cost of living index of 93.2, indicating affordability compared to national standards. In Waterford, the compensation provided by hospitals typically favors W-2 employees, while private practices often entice with potential partnership equity opportunities and higher earning potential through equity stakes and case volume. Variability in salary is influenced by numerous factors, including the complexity of cases managed, call schedules, subspecialty fellowships, and whether the anesthesiologist operates under a productivity-based RVU model or other compensation structures. To maximize pay in this market, clinicians should consider joining a thriving private practice to benefit from partnership opportunities or explore academic centers that might offer competitive salaries and robust benefits packages.
More salary data for Waterford, 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 $356,062 for anesthesiologistsin the Waterford 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 Waterford 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