Anesthesiologist Salary in Parsippany-Troy Hills, NJ: $542,548 (2026)
Quick Answer:A full-time anesthesiologist in Parsippany-Troy Hills, NJ earns a median $542,548/year (≈ $260.84/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Parsippany-Troy Hills's price level (15% above national, BEA RPP 115.2), that paycheck buys what $470,962 would nationally. Nominal pay sits 1.2% above the New Jersey state average.
Based on BLS state-level estimates · View source
In 2026, anesthesiologists in Parsippany-Troy Hills can expect an impressive median annual salary of $542,548, significantly higher than the national median of $409,107. The salary range for this role varies considerably, from $314,678 at the P10 level to $756,519 at the P90 level. These figures are based on 2025 BLS data, projected to 2026, and account for local cost adjustments. A notable factor influencing compensation in this region is the value of subspecialty fellowships, particularly in areas like pain management or critical care, which can enhance earning potential and are increasingly sought after due to high case volumes.
About the Parsippany-Troy Hills Market
Salary estimated from New Jersey average ($410,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $314,678 | $151.28 |
| Lower Range (P25) | $390,635 | $187.81 |
| Median (P50)(typical) | $542,548 | $260.84 |
| Upper Range (P75) | $672,850 | $323.49 |
| Top Earners (P90) | $756,519 | $363.71 |
Median Salary Position
32.62% above the national average
2026 Salary Percentile Distribution in Parsippany-Troy Hills
In Parsippany-Troy Hills, NJ, the anesthesiologist salary spread from the 10th to 90th percentile is $441,841 (2026 est.). At $542,548, the local median is 32.62% above the national median of $409,107.
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How Parsippany-Troy Hills Anesthesiologist Pay Compares
Parsippany-Troy Hills median: $542,548/year (2026)
| Compared To | Median Salary | Parsippany-Troy Hills Pays |
|---|---|---|
| New Jersey Average | $536,115 | +1.20% more |
| National Average | $409,107 | +32.62% more |
Anesthesiologists in Parsippany-Troy Hills, NJ earn a median of $542,548 per year (2026 est.), which is 32.62% higher than the national median of $409,107 and 1.20% above the New Jersey state average of $536,115.
Cost-of-Living Adjusted Salary
Parsippany-Troy Hills has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Parsippany-Troy Hills, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $542,548 is competitive, the higher cost of living reduces purchasing power to an effective $470,962 — a 13.19% reduction.
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2019 BLS Actual
$398,680
2025 BLS Actual
$519,185
2026 Current Est.
$542,548
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Parsippany-Troy Hills (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $398,680 | Actual |
| 2020 | $416,621 | Actual |
| 2021 | $435,368 | Actual |
| 2022 | $454,960 | Actual |
| 2023 | $475,433 | Actual |
| 2024 | $478,015 | Actual |
| 2025 | $519,185 | Actual |
| 2026(current) | $542,548 | Estimated |
| 2027 | $566,963 | Projected |
Based on 7 years of BLS OEWS data for the Parsippany-Troy Hills metropolitan area, the median anesthesiologist salary grew 30.2% from $398,680 (2019) to $519,185 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $566,963 by 2027 — a total increase of $168,283 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Parsippany-Troy Hills 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) | $314,678 – $390,635 |
| 3-5 years (Mid Career) | $390,635 – $542,548 |
| 5+ years (Experienced) | $542,548 – $672,850 |
| 10+ years (Top Earner) | $672,850 – $756,519 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Parsippany-Troy Hills
With only eight anesthesiologists currently practicing in Parsippany-Troy Hills, the local job market displays a solid demand for these professionals. However, the cost of living in the area, indicated by a CoL index of 115.2, suggests that while salaries may appear robust, take-home purchasing power is affected by higher living expenses. Employers such as local hospital systems often provide robust W-2 employment packages, while private anesthesia groups might offer the potential for partnership and higher compensation through 1099 tracks. Factors like case volume, equity in partnership, and call burdens can create disparities in pay. For those seeking to maximize anesthesiologist pay in Parsippany-Troy Hills, pursuing fellowships, negotiating RVU bonuses, and considering employment in thriving hospital systems can prove advantageous.
More salary data for Parsippany-Troy Hills, NJ:
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 $519,185 for anesthesiologistsin the Parsippany-Troy Hills 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 Parsippany-Troy Hills 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