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Average Anesthesiologists Salary in Indiana

Anesthesiologists in Indiana command an impressive average annual salary of $378,850, surpassing the national average of $338,880. This elevated compensation is likely influenced by a combination of factors specific to the state's healthcare landscape, including demand for specialized medical professionals and the overall economic environment within Indiana.

Executive Summary

  • Average Salary: $378,850 per year.
  • Growth Trend: Salaries have shifted 34.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $568,275.
  • Outlook: With a local workforce of 1,290 Anesthesiologists, Indiana demonstrates a substantial presence in this critical medical field. The Location Quotient of 1.49 indicates a higher concentration of these professionals compared to the national average, suggesting a robust and potentially growing demand for their services within the state's healthcare system.
2024 Market Data

Salary Overview

$378,850

The average Anesthesiologists in Indiana earns+11.8%above the national average.

BreakdownBased on 40h/week
Hourly

$182.1

Weekly

$7,286

Monthly

$31,571

Anesthesiologists Salary Distribution in Indiana

Salary progression for Anesthesiologists in Indiana typically scales significantly with experience. Entry-level positions will naturally command lower compensation, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more. The widening gap between entry-level and senior-level salaries, often reflected in percentile data, signifies clear opportunities for career advancement and increased earning potential within the state.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$198,940$95.6
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$284,138$136.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$378,851$182.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$473,563$227.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$568,275$273.2

Detailed Anesthesiologists Market Analysis

Relocation Context

Nominal Salary

$378,850

Gross Pay

Real Wage (Purchasing Power)

$420,944

Adjusted for COL (90)

The average annual salary of $378,850 for Anesthesiologists in Indiana presents a highly favorable financial outlook when considering the local cost of living. With a Cost of Living Index of 90, which is 10% below the national average, the nominal salary translates into considerable purchasing power, allowing professionals to enjoy a high standard of living.

Job Market Context

1,290

Total Jobs

0.404

Per 1K Jobs

1.49

Location Quotient

Above Average

With a location quotient of 1.49, Indiana has a slightly higher-than-average concentration of Anesthesiologists roles compared to the national norm.

Indiana's Location Quotient of 1.49 for Anesthesiologists signifies a market where these specialists are more concentrated than the national average. This suggests a competitive yet potentially abundant job market, indicating that while there are a good number of opportunities, employers may also have a solid pool of qualified candidates to draw from.

Nearby Job Markets

Nearby Cities for Anesthesiologists

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Frequently Asked Questions

How much does a Anesthesiologists make in Indiana?

The median annual salary for a Anesthesiologists in Indiana is $378,850. This typically ranges from $198,940 for entry-level positions to $568,275 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 11.8% higher than the national median of $338,880.

Is Indiana a lucrative place for Anesthesiologists?

Yes, Indiana is a lucrative state for Anesthesiologists.Anesthesiologists in Indiana earn significantly more than the national average, and the state's lower cost of living further enhances their earning potential.

Is Indiana a good place to live for Anesthesiologists?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($401,260) and others.

How does Indiana's average Anesthesiologist salary compare to the national average?

Anesthesiologists in Indiana earn an average of $378,850 annually, which is notably higher than the national average of $338,880.

What does the Location Quotient of 1.49 mean for Anesthesiologists in Indiana?

A Location Quotient of 1.49 indicates that Anesthesiologists are 49% more concentrated in Indiana than the national average, suggesting a strong presence and demand for these professionals.

How does the cost of living in Indiana affect an Anesthesiologist's salary?

With a Cost of Living Index of 90 (10% below the national average), the high salary of $378,850 provides Anesthesiologists in Indiana with greater purchasing power and a higher real income compared to areas with a higher cost of living.

What is the total number of Anesthesiologists employed in Indiana?

There are approximately 1,290 Anesthesiologists working in Indiana, representing a significant segment of the state's healthcare workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,290 employees in the Indiana area with a job density of 0.404 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.