Anesthesiologist Salary in Franklin, TN: $339,501 (2026)
Quick Answer:A full-time anesthesiologist in Franklin, TN earns a median $339,501/year (≈ $163.22/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Franklin's price level (8% below national, BEA RPP 91.8), that paycheck buys what $369,827 would nationally. Nominal pay sits 9.6% below the Tennessee state average.
Based on BLS state-level estimates · View source
In Franklin, Tennessee, the projected median annual anesthesiologist salary for 2026 sits at $339,501. This figure illustrates the impact of employment structure on compensation, as anesthesiologists face distinct salary outcomes based on whether they choose W-2 hospital employment or private practice partnerships. The salary range extends from $196,910 at the 10th percentile to $483,171 at the 90th percentile, revealing substantial income variation within the specialty. These estimates have been derived from state-level data by BLS, adjusted for local economic circumstances. The competitive job market in Franklin reflects a blend of factors, including regional healthcare demand and the different organizational models operating within the area.
About the Franklin Market
Salary estimated from Tennessee average ($360,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $196,910 | $94.67 |
| Lower Range (P25) | $244,440 | $117.52 |
| Median (P50)(typical) | $339,501 | $163.22 |
| Upper Range (P75) | $427,946 | $205.74 |
| Top Earners (P90) | $483,171 | $232.29 |
Median Salary Position
17.01% below the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, TN, the anesthesiologist salary spread from the 10th to 90th percentile is $286,261 (2026 est.). At $339,501, the local median is 17.01% below the national median of $409,107.
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At 40 hours/week in Franklin: You'd be above the median
How Franklin Anesthesiologist Pay Compares
Franklin median: $339,501/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| Tennessee Average | $375,554 | -9.60% less |
| National Average | $409,107 | -17.01% less |
Anesthesiologists in Franklin, TN earn a median of $339,501 per year (2026 est.), which is 17.01% lower than the national median of $409,107 and 9.60% below the Tennessee state average of $375,554.
Cost-of-Living Adjusted Salary
Franklin has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Franklin, TN has a cost-of-living index of 91.8 (below the national average of 100). A anesthesiologist earning $339,501 nominally has purchasing power equivalent to $369,827 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$249,475
2025 BLS Actual
$324,881
2026 Current Est.
$339,501
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Franklin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $249,475 | Actual |
| 2020 | $260,701 | Actual |
| 2021 | $272,433 | Actual |
| 2022 | $284,692 | Actual |
| 2023 | $297,503 | Actual |
| 2024 | $323,236 | Actual |
| 2025 | $324,881 | Actual |
| 2026(current) | $339,501 | Estimated |
| 2027 | $354,778 | Projected |
Based on 7 years of BLS OEWS data for the Franklin metropolitan area, the median anesthesiologist salary grew 30.2% from $249,475 (2019) to $324,881 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $354,778 by 2027 — a total increase of $105,303 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Franklin 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) | $196,910 – $244,440 |
| 3-5 years (Mid Career) | $244,440 – $339,501 |
| 5+ years (Experienced) | $339,501 – $427,946 |
| 10+ years (Top Earner) | $427,946 – $483,171 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Franklin
The job market for anesthesiologists in Franklin features 18 employed professionals, indicating a localized but viable demand for these specialists. With a cost of living index at 91.8, Franklin presents a more affordable landscape for anesthesiologists compared to other regions, enhancing take-home purchasing power. Among local employers, hospital systems typically offer the most competitive compensation, particularly for those on the W-2 model, whereas private anesthesia group practices may provide the potential for greater earnings through partnership equity and bonuses. The disparity in salaries is driven by factors like case volume, the call burden, and subspecialty fellowship training. For anesthesiologists aiming to maximize their pay in Franklin, pursuing opportunities in high-volume facilities or academic institutions, alongside considering alternative models like locum tenens work, could be advantageous strategies in this evolving market.
More salary data for Franklin, TN:
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 $324,881 for anesthesiologistsin the Franklin 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 Franklin 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