Anesthesiologist Salary in Germantown, TN: $365,533 (2026)
Quick Answer:A full-time anesthesiologist in Germantown, TN earns a median $365,533/year (≈ $175.74/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1211). Once you factor in Germantown's price level (8% below national, BEA RPP 91.8), that paycheck buys what $398,184 would nationally. Nominal pay sits 2.7% below the Tennessee state average.
Based on BLS state-level estimates · View source

In 2026, the anesthesiologist salary in Germantown, Tennessee, achieves a median annual figure of $365,533, reflecting a competitive yet nuanced financial landscape within the region. Salary ranges can vary significantly, with a bottom decile (P10) earning approximately $212,009 while those in the 90th percentile (P90) can command as much as $516,469. These estimates, derived from 2025 BLS data and adjusted for regional economic conditions, reveal how call burdens and case volume significantly influence compensation. The broad spectrum of salaries indicates that anesthesiologists willing to take on higher call rotations often see better pay; thus, factors such as call schedules and subspecialty training play integral roles in determining earning potential in the area.
About the Germantown Market
Salary estimated from Tennessee average ($360,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $212,009 | $101.93 |
| Lower Range (P25) | $263,183 | $126.53 |
| Median (P50)(typical) | $365,533 | $175.74 |
| Upper Range (P75) | $459,914 | $221.11 |
| Top Earners (P90) | $516,469 | $248.30 |
Median Salary Position
10.65% below the national average
2026 Salary Percentile Distribution in Germantown
In Germantown, TN, the anesthesiologist salary spread from the 10th to 90th percentile is $304,460 (2026 est.). At $365,533, the local median is 10.65% below the national median of $409,107.
Salary Calculator
At 40 hours/week in Germantown: You'd be above the median
How Germantown Anesthesiologist Pay Compares
Germantown median: $365,533/year (2026)
| Compared To | Median Salary | Germantown Pays |
|---|---|---|
| Tennessee Average | $375,676 | -2.70% less |
| National Average | $409,107 | -10.65% less |
Anesthesiologists in Germantown, TN earn a median of $365,533 per year (2026 est.), which is 10.65% lower than the national median of $409,107 and 2.70% below the Tennessee state average of $375,676.
Cost-of-Living Adjusted Salary
Germantown 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.
Germantown, TN has a cost-of-living index of 91.8 (below the national average of 100). A anesthesiologist earning $365,533 nominally has purchasing power equivalent to $398,184 in an average-cost city — an effective 8.93% boost.
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
$268,604
2025 BLS Actual
$349,792
2026 Current Est.
$365,533
2019–2027 Growth
+42.2%
Salary Trajectory for Anesthesiologists in Germantown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 4.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $268,604 | Actual |
| 2020 | $280,691 | Actual |
| 2021 | $293,322 | Actual |
| 2022 | $306,522 | Actual |
| 2023 | $320,315 | Actual |
| 2024 | $321,656 | Actual |
| 2025 | $349,792 | Actual |
| 2026(current) | $365,533 | Estimated |
| 2027 | $381,982 | Projected |
Based on 7 years of BLS OEWS data for the Germantown metropolitan area, the median anesthesiologist salary grew 30.2% from $268,604 (2019) to $349,792 (2025). At a 4.50% compound annual growth rate, salaries are projected to reach $381,982 by 2027 — a total increase of $113,378 (42.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Germantown 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) | $212,009 – $263,183 |
| 3-5 years (Mid Career) | $263,183 – $365,533 |
| 5+ years (Experienced) | $365,533 – $459,914 |
| 10+ years (Top Earner) | $459,914 – $516,469 |
ANES salary ranges estimated from BLS percentile data. Individual anesthesiologist compensation varies by employer, certifications, and specialization.
Anesthesiologist Job Market in Germantown
With only eight anesthesiologists currently employed in Germantown, the job market exhibits a localized strength despite the overall national anesthesiologist compensation average being higher. The cost of living index stands at 91.8, suggesting that while salaries may trail the national average, the take-home purchasing power remains favorable for healthcare professionals. Employers that tend to drive higher anesthesia pay in Germantown include hospital systems offering W-2 employment and private practices with potential partnership pathways. Factors such as case volumes, variability in call burdens, and whether the practice model is aligned with local hospital partnerships or independent practices further contribute to the earnings disparity. Anesthesiologists looking to maximize their pay in Germantown, TN, should consider actively engaging in professional development, pursuing high-demand subspecialties, and negotiating partnerships that would lead to equity participation.
More salary data for Germantown, TN:
Frequently Asked Questions
How much do anesthesiologists make in Germantown, TN in 2026?
Is Germantown, TN a good place to work as a anesthesiologist?
Can anesthesiologists make $100K in Germantown?
What is the cost-of-living adjusted anesthesiologist salary in Germantown?
How much does a anesthesiologist make per hour in Germantown?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Tennessee
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 $349,792 for anesthesiologistsin the Germantown 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 Germantown 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