Anesthesiologist Salary in Owatonna, MN: $400,028 (2026)
Quick Answer:A full-time anesthesiologist in Owatonna, MN earns a median $400,028/year (≈ $192.32/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Owatonna's price level (1% below national, BEA RPP 98.5), that paycheck buys what $406,120 would nationally. Nominal pay sits 0.7% below the Minnesota state average.
Based on BLS state-level estimates · View source
The projected 2026 median anesthesiologist salary in Owatonna, Minnesota, stands at $400,028, revealing a competitive pay framework, particularly when considering the impact of W-2 hospital employment versus partnership structures in private groups. Salaries here span a broad range, from $232,016 at the 10th percentile to $540,934 at the 90th percentile, reflecting disparities that can arise from practice setting, case volume, and workload expectations. These figures are based on 2025 BLS data, adjusted for regional price parities, capturing the unique market conditions in Owatonna. With the ongoing growth rate projected at 4.50% annually, anesthesiology roles in this city are increasingly appealing, especially for those assessing how much do anesthesiologists make in Owatonna.
About the Owatonna Market
Salary estimated from Minnesota average ($400,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $232,016 | $111.54 |
| Lower Range (P25) | $288,020 | $138.47 |
| Median (P50)(typical) | $400,028 | $192.32 |
| Upper Range (P75) | $489,738 | $235.45 |
| Top Earners (P90) | $540,934 | $260.07 |
Median Salary Position
2.22% below the national average
2026 Salary Percentile Distribution in Owatonna
In Owatonna, MN, the anesthesiologist salary spread from the 10th to 90th percentile is $308,918 (2026 est.). At $400,028, the local median is 2.22% below the national median of $409,107.
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At 40 hours/week in Owatonna: You'd be above the median
How Owatonna Anesthesiologist Pay Compares
Owatonna median: $400,028/year (2026)
| Compared To | Median Salary | Owatonna Pays |
|---|---|---|
| Minnesota Average | $402,848 | -0.70% less |
| National Average | $409,107 | -2.22% less |
Anesthesiologists in Owatonna, MN earn a median of $400,028 per year (2026 est.), which is 2.22% lower than the national median of $409,107 and 0.70% below the Minnesota state average of $402,848.
Cost-of-Living Adjusted Salary
Owatonna 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.
Owatonna, MN has a cost-of-living index of 98.5 (below the national average of 100). A anesthesiologist earning $400,028 nominally has purchasing power equivalent to $406,120 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$293,952
2025 BLS Actual
$382,802
2026 Current Est.
$400,028
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Owatonna (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $293,952 | Actual |
| 2020 | $307,180 | Actual |
| 2021 | $321,003 | Actual |
| 2022 | $335,448 | Actual |
| 2023 | $350,543 | Actual |
| 2024 | $391,123 | Actual |
| 2025 | $382,802 | Actual |
| 2026(current) | $400,028 | Estimated |
| 2027 | $418,029 | Projected |
Based on 7 years of BLS OEWS data for the Owatonna metropolitan area, the median anesthesiologist salary grew 30.2% from $293,952 (2019) to $382,802 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $418,029 by 2027 — a total increase of $124,077 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Owatonna 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) | $232,016 – $288,020 |
| 3-5 years (Mid Career) | $288,020 – $400,028 |
| 5+ years (Experienced) | $400,028 – $489,738 |
| 10+ years (Top Earner) | $489,738 – $540,934 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Owatonna
The local job market for anesthesiologists in Owatonna comprises six employed professionals, which signals a stable, albeit small, field. The cost of living index at 98.5 indicates that lifestyle expenses are slightly below the national average, potentially enhancing the purchasing power for anesthesiologists in the area. Among the various employers, hospital systems typically offer higher compensation packages than private anesthesia groups, largely due to differences in employee benefits and the lack of overhead costs for W-2 employees. Factors contributing to the salary spectrum include the volume of surgical cases, the nature of partnership equity in private groups, and the burden of on-call duties. To maximize earnings, aspiring anesthesiologists in Owatonna might consider seeking positions that provide incentive-based compensation or exploring opportunities in less populated settings where-demand is high relative to supply.
More salary data for Owatonna, 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 $382,802 for anesthesiologistsin the Owatonna 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 Owatonna 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