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Anesthesiologist Salary in Milwaukee, WI — 2026

Anesthesiologist salary data for Milwaukee, WI — adjusted for local cost of living. Entry-level to senior pay ranges, take-home pay calculator, and local job market insights.

The median Anesthesiologist salary in Milwaukee, WI is $271,800 per year ($22,650/month, $131/hr). This reflects the local cost of living index of 90, which is 10% below the national average.

Entry Level
$225K
$108/hr
Median
$272K
$131/hr
Senior
$360K
$173/hr
Top Earner
$405K
$195/hr

Anesthesiologist Take-Home Pay in Milwaukee

Tax Breakdown (Median Salary)

Gross Annual$271,800
Federal Tax-$58,280
State Tax (5.3%)-$14,405
FICA (SS + Medicare)-$15,380
Annual Take-Home$183,735
Monthly Take-Home$15,311

Living Cost Comparison

Median Rent$1,050/mo
Rent-to-Income Ratio4.6%
Median Home Price$170,000
Cost of Living Index90
City Median Salary$56,000
Anesthesiologist vs City Median+$215,800

Anesthesiologist Requirements

Education
Doctorate
Experience
11+ years
Job Growth
2.0% (2024-2034)

Key Skills

Patient AssessmentPain ManagementPharmacologyCritical CareAirway Management

Milwaukee Job Market Overview

Milwaukee, Wisconsin has a population of 577,222 and an unemployment rate of 3.8%. The top industries are Manufacturing, Healthcare, Finance. The local job growth rate is 1.2%, and the average commute time is 23 minutes.

Salary Percentile Breakdown — Anesthesiologist in Milwaukee

Based on the cost-of-living-adjusted distribution for Anesthesiologist in Milwaukee, WI, here's how earnings break down across the workforce:

PercentileAnnual SalaryHourly EquivalentCareer Stage
10th (lowest)$225,000$108/hrEntry-level, < 1 yr exp.
25th$248,400$119/hrJunior, 1-3 yrs exp.
50th (median)$271,800$131/hrMid-career, 11+ years
75th$360,000$173/hrSenior, 5-10 yrs exp.
90th (top)$405,000$195/hrLead/Principal, 10+ yrs

Percentiles estimated using a log-normal salary distribution model calibrated to Anesthesiologist compensation data. Top earners (P90) typically include managers, specialists with rare skills, or those at high-paying employers in Milwaukee's Manufacturing sector.

5-Year Salary Trajectory

Anesthesiologist salaries in Milwaukee have grown approximately 5.0% over the past 5 years, outpacing local CPI inflation in many cases. Here's the historical and projected trajectory:

5 Years Ago
$258,857
Adjusted for Milwaukee COL
Today (2026)
$271,800
+5.0% vs 5y ago
Projected 2031
$285,390
If growth continues

Year-over-year, an average Anesthesiologist can expect a 3.2% annual increase moving from entry to senior level over 15 years in Milwaukee. Negotiation, certifications (Board Certification in Anesthesiology), and changing employers strategically can accelerate this trajectory.

Milwaukee vs National Average

The national median Anesthesiologist salary is $302,000. In Milwaukee, the cost-of-living-adjusted median of $271,800 is 10.0% below the national figure. This reflects Milwaukee's cost of living index of 90 (lower than the national average of 100).

For Anesthesiologists, this means: rent typically consumes 6.9% of take-home pay (households spending >30% are considered affordable), and a median home in Milwaukee costs about 0.9× annual take-home. Homeownership is relatively attainable on this salary in Milwaukee.

Industry Context: Manufacturing in Milwaukee

Milwaukee's economy is anchored by Manufacturing, Healthcare, Finance, with 577,222 residents and 3.8% unemployment as of 2026. Anesthesiologists working in the Manufacturing sector typically earn at or above the local median due to industry-specific demand. The state's overall job growth rate is 1.2%, and Anesthesiologist occupations specifically are projected to grow 2.0% nationally through 2034 (BLS Occupational Outlook Handbook).

Methodology & Data Sources

How we calculate Anesthesiologist salaries in Milwaukee, WI:

  1. Base salary model starts with Salario occupation data and public wage references, including BLS OEWS and O*NET when a direct or related occupational crosswalk is available. For niche titles, we do not treat a broader SOC family as an exact job-title wage.
  2. Cost-of-living adjustment applied using the Milwaukee index of 90 relative to the national baseline of 100, with local rent, home price, unemployment, and tax inputs checked separately.
  3. Percentile distribution (P10-P90) estimated from the entry, median, senior, and top compensation tiers in the Salario salary model rather than claimed as exact employer payroll data.
  4. Take-home pay calculated using 2026 federal tax brackets (10%-37%), WI state income tax of 5.3%, and FICA (Social Security 6.2% + Medicare 1.45%).
  5. Tax brackets and standard deduction ($16,100 single filer for tax year 2026) sourced from IRS Revenue Procedure 2025-32 and updated annually.

Authoritative data sources:

Last reviewed: 2026. Salary data updated annually as new BLS releases become available. Anesthesiologist salaries can vary significantly based on employer, sector (Manufacturing vs others in Milwaukee), specific skill set (Patient Assessment, Pain Management, Pharmacology), and individual negotiation. Always verify current compensation through multiple sources before making career decisions.

Frequently Asked Questions

What is the average Anesthesiologist salary in Milwaukee, WI?
The median Anesthesiologist salary in Milwaukee, WI is $271,800 per year as of 2026. This is adjusted for the local cost of living index of 90. Entry-level Anesthesiologists earn around $225,000, while senior-level professionals can earn $360,000 or more.
How much does a Anesthesiologist take home in Milwaukee after taxes?
A Anesthesiologist earning the median salary of $271,800 in Milwaukee, WI takes home approximately $183,735 per year ($15,311/month) after federal, state, and local taxes. The effective tax rate is 32.4%.
Is Milwaukee a good city for Anesthesiologists?
Milwaukee, WI has a cost of living index of 90 (below national average). Anesthesiologists here earn above the city median. The local unemployment rate is 3.8% and top industries include Manufacturing, Healthcare, Finance.
What skills are needed for a Anesthesiologist in Milwaukee?
Key skills for Anesthesiologists include Patient Assessment, Pain Management, Pharmacology, Critical Care, Airway Management. Typical education requirement is Doctorate. Valuable certifications include Board Certification in Anesthesiology.
How does Anesthesiologist salary in Milwaukee compare to the national average?
The national median Anesthesiologist salary is $302,000. In Milwaukee, the adjusted salary is $271,800, which is 10.0% lower than the national average, reflecting the local cost of living.

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Frequently Asked Questions

What is the average Anesthesiologist salary in Milwaukee, WI?

The median Anesthesiologist salary in Milwaukee, WI is $271,800 per year as of 2026. This is adjusted for the local cost of living index of 90. Entry-level Anesthesiologists earn around $225,000, while senior-level professionals can earn $360,000 or more.

How much does a Anesthesiologist take home in Milwaukee after taxes?

A Anesthesiologist earning the median salary of $271,800 in Milwaukee, WI takes home approximately $183,735 per year ($15,311/month) after federal, state, and local taxes. The effective tax rate is 32.4%.

Is Milwaukee a good city for Anesthesiologists?

Milwaukee, WI has a cost of living index of 90 (below national average). Anesthesiologists here earn above the city median. The local unemployment rate is 3.8% and top industries include Manufacturing, Healthcare, Finance.

What skills are needed for a Anesthesiologist in Milwaukee?

Key skills for Anesthesiologists include Patient Assessment, Pain Management, Pharmacology, Critical Care, Airway Management. Typical education requirement is Doctorate. Valuable certifications include Board Certification in Anesthesiology.

How does Anesthesiologist salary in Milwaukee compare to the national average?

The national median Anesthesiologist salary is $302,000. In Milwaukee, the adjusted salary is $271,800, which is 10.0% lower than the national average, reflecting the local cost of living.