Anesthesiologist Salary in Princeton, NJ: $530,340 (2026)
Quick Answer:A full-time anesthesiologist in Princeton, NJ earns a median $530,340/year (≈ $254.97/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Princeton's price level (15% above national, BEA RPP 115.2), that paycheck buys what $460,365 would nationally. Nominal pay sits 1.1% below the New Jersey state average.
Based on BLS state-level estimates · View source
With a median annual salary of $530,340 projected for 2026, anesthesiologists in Princeton, NJ, significantly surpass the national average of $409,107 by approximately 29.63%. The salary range for these specialists is quite expansive, starting at $307,597 for the bottom 10% and reaching up to $713,525 for the top 90%. These figures are reflective of local estimates based on 2025 BLS data, adjusted for regional cost factors. The potential for higher earnings in Princeton correlates with subspecialty fellowship training, particularly in fields like pediatrics, cardiology, or pain management, which can boost earning potential and job attractiveness in a competitive job market.
About the Princeton Market
Salary estimated from New Jersey average ($410,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $307,597 | $147.88 |
| Lower Range (P25) | $381,844 | $183.58 |
| Median (P50)(typical) | $530,340 | $254.97 |
| Upper Range (P75) | $647,066 | $311.09 |
| Top Earners (P90) | $713,525 | $343.04 |
Median Salary Position
29.63% above the national average
2026 Salary Percentile Distribution in Princeton
In Princeton, NJ, the anesthesiologist salary spread from the 10th to 90th percentile is $405,928 (2026 est.). At $530,340, the local median is 29.63% above the national median of $409,107.
Salary Calculator
At 40 hours/week in Princeton: You'd be above the median
How Princeton Anesthesiologist Pay Compares
Princeton median: $530,340/year (2026)
| Compared To | Median Salary | Princeton Pays |
|---|---|---|
| New Jersey Average | $536,238 | -1.10% less |
| National Average | $409,107 | +29.63% more |
Anesthesiologists in Princeton, NJ earn a median of $530,340 per year (2026 est.), which is 29.63% higher than the national median of $409,107 and 1.10% below the New Jersey state average of $536,238.
Cost-of-Living Adjusted Salary
Princeton has a cost of living 15.20% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Princeton, NJ has a cost-of-living index of 115.2 (above the national average of 100). While the nominal salary of $530,340 is competitive, the higher cost of living reduces purchasing power to an effective $460,365 — a 13.19% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$389,709
2025 BLS Actual
$507,502
2026 Current Est.
$530,340
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Princeton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $389,709 | Actual |
| 2020 | $407,246 | Actual |
| 2021 | $425,572 | Actual |
| 2022 | $444,722 | Actual |
| 2023 | $464,735 | Actual |
| 2024 | $467,258 | Actual |
| 2025 | $507,502 | Actual |
| 2026(current) | $530,340 | Estimated |
| 2027 | $554,205 | Projected |
Based on 7 years of BLS OEWS data for the Princeton metropolitan area, the median anesthesiologist salary grew 30.2% from $389,709 (2019) to $507,502 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $554,205 by 2027 — a total increase of $164,496 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Princeton 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) | $307,597 – $381,844 |
| 3-5 years (Mid Career) | $381,844 – $530,340 |
| 5+ years (Experienced) | $530,340 – $647,066 |
| 10+ years (Top Earner) | $647,066 – $713,525 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Princeton
Princeton’s job market shows a modest employment figure of six anesthesiologists, indicating a relatively tight labor supply in a highly skilled field. The area's cost of living, indexed at 115.2, suggests that while salaries are above the national average, the purchasing power may be affected. Notably, hospital systems tend to offer W-2 employment with added benefits, whereas private anesthesia group practices may provide partnership tracks that can yield higher long-term earnings through equitable shares. Factors contributing to the salary variance include case volume, call obligations, and the distinction between RVU-based compensation structures in employed versus independent models. To optimize their anesthesiologist pay in Princeton, it’s advisable for practitioners to pursue meaningful fellowship training, actively engage in negotiating compensation packages, and consider the benefits of private group practice that align with their career objectives.
More salary data for Princeton, NJ:
Frequently Asked Questions
How much do anesthesiologists make in Princeton, NJ in 2026?
Is Princeton, NJ a good place to work as a anesthesiologist?
Can anesthesiologists make $100K in Princeton?
What is the cost-of-living adjusted anesthesiologist salary in Princeton?
How much does a anesthesiologist make per hour in Princeton?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New Jersey
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 $507,502 for anesthesiologistsin the Princeton 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 Princeton 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