Anesthesiologist Salary in Faribault, MN: $380,656 (2026)
Quick Answer:A full-time anesthesiologist in Faribault, MN earns a median $380,656/year (≈ $183.01/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Faribault's price level (1% below national, BEA RPP 98.5), that paycheck buys what $386,453 would nationally. Nominal pay sits 5.5% below the Minnesota state average.
Based on BLS state-level estimates · View source
Anesthesiologists in Faribault, MN, can expect a median annual salary of $380,656 in 2026, which is somewhat lower than the national average of $409,107. The salary range for this specialty is quite broad, with figures spanning from $220,780 at the 10th percentile to $521,375 at the 90th percentile. These estimates derive from 2025 BLS data, projected to 2026, and are adjusted according to the regional cost of living. Anesthesiologist salary in Faribault reflects a market shaped significantly by practice structure, whether W-2 employment by hospital systems or opportunity-driven partnerships in private practices. Understanding this landscape is crucial for tailoring job searches and expectations in the local market.
About the Faribault Market
Salary estimated from Minnesota average ($400,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $220,780 | $106.14 |
| Lower Range (P25) | $274,072 | $131.76 |
| Median (P50)(typical) | $380,656 | $183.01 |
| Upper Range (P75) | $472,717 | $227.27 |
| Top Earners (P90) | $521,375 | $250.66 |
Median Salary Position
6.95% below the national average
2026 Salary Percentile Distribution in Faribault
In Faribault, MN, the anesthesiologist salary spread from the 10th to 90th percentile is $300,595 (2026 est.). At $380,656, the local median is 6.95% below the national median of $409,107.
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How Faribault Anesthesiologist Pay Compares
Faribault median: $380,656/year (2026)
| Compared To | Median Salary | Faribault Pays |
|---|---|---|
| Minnesota Average | $402,810 | -5.50% less |
| National Average | $409,107 | -6.95% less |
Anesthesiologists in Faribault, MN earn a median of $380,656 per year (2026 est.), which is 6.95% lower than the national median of $409,107 and 5.50% below the Minnesota state average of $402,810.
Cost-of-Living Adjusted Salary
Faribault has a cost of living 1.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Faribault, MN has a cost-of-living index of 98.5 (below the national average of 100). A anesthesiologist earning $380,656 nominally has purchasing power equivalent to $386,453 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$279,717
2025 BLS Actual
$364,264
2026 Current Est.
$380,656
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Faribault (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $279,717 | Actual |
| 2020 | $292,304 | Actual |
| 2021 | $305,458 | Actual |
| 2022 | $319,203 | Actual |
| 2023 | $333,567 | Actual |
| 2024 | $372,182 | Actual |
| 2025 | $364,264 | Actual |
| 2026(current) | $380,656 | Estimated |
| 2027 | $397,785 | Projected |
Based on 7 years of BLS OEWS data for the Faribault metropolitan area, the median anesthesiologist salary grew 30.2% from $279,717 (2019) to $364,264 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $397,785 by 2027 — a total increase of $118,068 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Faribault 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) | $220,780 – $274,072 |
| 3-5 years (Mid Career) | $274,072 – $380,656 |
| 5+ years (Experienced) | $380,656 – $472,717 |
| 10+ years (Top Earner) | $472,717 – $521,375 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Faribault
The local employment landscape in Faribault sees around six anesthesiologists, which affects market dynamics and compensation trends. With a cost-of-living index at 98.5, anesthesiologists in this region may find that their take-home purchasing power is positively impacted compared to other areas, despite the salary being lower than the national median. Notably, hospital systems typically offer more stable compensation through W-2 employment structures, while private group practices might provide higher potential earnings through partnership models. Various factors impact the pay scale, including case volume, subspecialty training, and the balance between RVU bonuses and call burdens. For those aiming to optimize overall compensation, pursuing subspecialty fellowships can enhance marketability, whereas negotiating employment terms to focus on higher case volume or RVU-based incentives can maximize earnings in this evolving local market.
More salary data for Faribault, MN:
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 $364,264 for anesthesiologistsin the Faribault 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 Faribault 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