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Average Anesthesiologists Salary in Kentucky

Anesthesiologists in Kentucky earn an average annual salary of $280,130, which is notably below the national average of $338,880. This difference in compensation is often influenced by a combination of factors unique to the state's healthcare market, including regional demand, the cost of living, and the overall economic landscape.

Executive Summary

  • Average Salary: $280,130 per year.
  • Growth Trend: Salaries have shifted 3.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $420,195.
  • Outlook: With a total local workforce of 710 Anesthesiologists, Kentucky presents a concentrated, yet stable, job market for these specialized medical professionals. The Location Quotient of 1.31 indicates a higher concentration of these roles in Kentucky compared to the national average, suggesting a steady demand and a robust presence within the state's healthcare infrastructure.
2024 Market Data

Salary Overview

$280,130

The average Anesthesiologists in Kentucky earns-17.3%below the national average.

BreakdownBased on 40h/week
Hourly

$134.7

Weekly

$5,387

Monthly

$23,344

Anesthesiologists Salary Distribution in Kentucky

Salary progression for Anesthesiologists in Kentucky typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to earn substantially more. The widening gap between lower and higher percentile salaries clearly signifies the career progression and increased earning potential available as one advances in their Anesthesiology career.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$119,990$57.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$210,098$101
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$280,134$134.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$350,163$168.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$420,195$202

Detailed Anesthesiologists Market Analysis

Relocation Context

Nominal Salary

$280,130

Gross Pay

Real Wage (Purchasing Power)

$311,949

Adjusted for COL (89.8)

The average Anesthesiologist salary of $280,130 in Kentucky offers considerable purchasing power, especially when contrasted with the state's Cost of Living Index of 89.8, which is below the national average of 100. This means that the nominal salary translates into a higher real income, allowing professionals to enjoy a better standard of living compared to areas with a higher cost of living.

Job Market Context

710

Total Jobs

0.355

Per 1K Jobs

1.31

Location Quotient

Above Average

With a location quotient of 1.31, Kentucky has a slightly higher-than-average concentration of Anesthesiologists roles compared to the national norm.

Kentucky's Location Quotient of 1.31 for Anesthesiologists signifies a market where these professionals are more concentrated than the national average. This suggests a potentially competitive environment for new entrants but also indicates a strong, established presence of Anesthesiology services within the state, pointing to consistent opportunities for skilled practitioners.

Nearby Job Markets

Nearby Cities for Anesthesiologists

CitySalaryDist.
Cincinnati, OH-KY-IN Anesthesiologists Salary$339,950 21%100 mi

Comparing salaries near Kentucky

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Frequently Asked Questions

How much does a Anesthesiologists make in Kentucky?

The median annual salary for a Anesthesiologists in Kentucky is $280,130. This typically ranges from $119,990 for entry-level positions to $420,195 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kentucky is 17.3% lower than the national median of $338,880.

Is Kentucky a lucrative place for Anesthesiologists?

Yes, with a strong cost of living advantage.While the average salary is below the national benchmark, Kentucky's lower cost of living significantly enhances the real value of the $280,130 average salary, making it financially advantageous.

Is Kentucky a good place to live for Anesthesiologists?

With a Cost of Living Index of 89.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Kentucky?

Some top paying nearby cities include Cincinnati, OH-KY-IN ($339,950) and others.

How does Kentucky's cost of living affect Anesthesiologist salaries?

Kentucky's cost of living is 10.2% lower than the national average. This means the $280,130 average salary for Anesthesiologists provides greater purchasing power and a higher standard of living than the same salary would in a higher cost-of-living state.

Is there high demand for Anesthesiologists in Kentucky?

The Location Quotient of 1.31 suggests a higher concentration of Anesthesiologists in Kentucky than the national average, indicating a solid and potentially growing demand for their specialized services within the state's healthcare system.

How does the Kentucky Anesthesiologist workforce compare nationally?

With 710 Anesthesiologists and 0.355 jobs per 1,000 workers, Kentucky has a notable presence. The concentration (LQ of 1.31) is higher than the national average, implying a significant role for these professionals in the state's healthcare sector.

What is the salary range for Anesthesiologists in Kentucky?

While the average is $280,130, salaries can vary significantly based on experience, specific hospital or practice, and geographic location within Kentucky. Senior Anesthesiologists with extensive experience typically earn at the higher end of the pay scale.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 710 employees in the Kentucky area with a job density of 0.355 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.