Anesthesiologist Salary in Shakopee, MN: $390,303 (2026)
Quick Answer:A full-time anesthesiologist in Shakopee, MN earns a median $390,303/year (≈ $187.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Shakopee's price level (1% below national, BEA RPP 98.5), that paycheck buys what $396,247 would nationally. Nominal pay sits 3.1% below the Minnesota state average.
Based on BLS state-level estimates · View source
In 2026, anesthesiologists in Shakopee, Minnesota, can expect a median annual salary of $390,303, positioning it slightly below the national median of $409,107 for the same year. The compensation landscape features a salary range between $226,376 at the lower end and reaching as high as $523,725 for the top earners in the field. These figures, derived from 2025 BLS data projected to 2026 and adjusted for regional cost variations, demonstrate a relatively competitive pay scale in this market. Anesthesiologists who have pursued subspecialty fellowships, particularly in pain management or critical care, may experience a notable premium in their earnings, enhancing their overall financial prospects in Shakopee's specialized medical landscape.
About the Shakopee Market
Salary estimated from Minnesota average ($400,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $226,376 | $108.84 |
| Lower Range (P25) | $281,018 | $135.11 |
| Median (P50)(typical) | $390,303 | $187.65 |
| Upper Range (P75) | $474,179 | $227.97 |
| Top Earners (P90) | $523,725 | $251.79 |
Median Salary Position
4.6% below the national average
2026 Salary Percentile Distribution in Shakopee
In Shakopee, MN, the anesthesiologist salary spread from the 10th to 90th percentile is $297,349 (2026 est.). At $390,303, the local median is 4.6% below the national median of $409,107.
Salary Calculator
At 40 hours/week in Shakopee: You'd be above the median
How Shakopee Anesthesiologist Pay Compares
Shakopee median: $390,303/year (2026)
| Compared To | Median Salary | Shakopee Pays |
|---|---|---|
| Minnesota Average | $402,790 | -3.10% less |
| National Average | $409,107 | -4.60% less |
Anesthesiologists in Shakopee, MN earn a median of $390,303 per year (2026 est.), which is 4.60% lower than the national median of $409,107 and 3.10% below the Minnesota state average of $402,790.
Cost-of-Living Adjusted Salary
Shakopee 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.
Shakopee, MN has a cost-of-living index of 98.5 (below the national average of 100). A anesthesiologist earning $390,303 nominally has purchasing power equivalent to $396,247 in an average-cost city — an effective 1.52% boost.
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2019 BLS Actual
$286,806
2025 BLS Actual
$373,496
2026 Current Est.
$390,303
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Shakopee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $286,806 | Actual |
| 2020 | $299,712 | Actual |
| 2021 | $313,199 | Actual |
| 2022 | $327,293 | Actual |
| 2023 | $342,021 | Actual |
| 2024 | $381,614 | Actual |
| 2025 | $373,496 | Actual |
| 2026(current) | $390,303 | Estimated |
| 2027 | $407,867 | Projected |
Based on 7 years of BLS OEWS data for the Shakopee metropolitan area, the median anesthesiologist salary grew 30.2% from $286,806 (2019) to $373,496 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $407,867 by 2027 — a total increase of $121,061 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Shakopee 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) | $226,376 – $281,018 |
| 3-5 years (Mid Career) | $281,018 – $390,303 |
| 5+ years (Experienced) | $390,303 – $474,179 |
| 10+ years (Top Earner) | $474,179 – $523,725 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Shakopee
The job market for anesthesiologists in Shakopee currently employs a modest cohort of 11 professionals, a reflection of the city's smaller healthcare framework. With a cost-of-living index sitting at 98.5, the financial advantages of practicing here can translate into substantial purchasing power for anesthesiologists, albeit with some regional constraints. Major employers, such as local hospital systems and private anesthesia groups, typically offer the highest compensation packages, especially for anesthesiologists willing to pursue a partnership track. Factors influencing salary discrepancies in this area include case volume, call burden, and opportunities for RVU-based bonuses offered by hospital-employed roles. For those looking to optimize their anesthesiologist pay in Shakopee, focusing on building subspecialty expertise and exploring partnerships within established private practices can be effective strategies.
More salary data for Shakopee, 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 $373,496 for anesthesiologistsin the Shakopee 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 Shakopee 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