Nurse Anesthetist Salary in Franklin, IN: $223,393 (2026)
Quick Answer:A full-time nurse anesthetist in Franklin, IN earns a median $223,393/year (≈ $107.40/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 29-1151). Once you factor in Franklin's price level (9% below national, BEA RPP 91.3), that paycheck buys what $244,680 would nationally. Nominal pay sits 1.7% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, the projected nurse anesthetist salary in Franklin, IN, stands at $223,393, reflecting a labor market shaped by both demand for specialized care and lifestyle trade-offs. The salary range is broad, extending from $147,720 at the 10th percentile to $308,259 at the 90th percentile. These estimates, derived from 2025 BLS data and adjusted for regional price variations, highlight how factors such as call coverage and work-life balance can influence earnings significantly. While many health care practitioners in Franklin enjoy the relative cost advantages of a lower-than-average cost of living, the disparity in compensation further emphasizes the nuances of the local job market, making it a critical consideration for aspiring nurse anesthetists in the region.
About the Franklin Market
Salary estimated from Indiana average ($210,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $147,720 | $71.02 |
| Lower Range (P25) | $193,981 | $93.26 |
| Median (P50)(typical) | $223,393 | $107.40 |
| Upper Range (P75) | $273,741 | $131.61 |
| Top Earners (P90) | $308,259 | $148.21 |
Median Salary Position
10.25% below the national average
2026 Salary Percentile Distribution in Franklin
In Franklin, IN, the nurse anesthetist salary spread from the 10th to 90th percentile is $160,539 (2026 est.). At $223,393, the local median is 10.25% below the national median of $248,893.
Salary Calculator
At 40 hours/week in Franklin: You'd be in the lower-middle range
How Franklin Nurse Anesthetist Pay Compares
Franklin median: $223,393/year (2026)
| Compared To | Median Salary | Franklin Pays |
|---|---|---|
| Indiana Average | $227,257 | -1.70% less |
| National Average | $248,893 | -10.25% less |
Nurse Anesthetists in Franklin, IN earn a median of $223,393 per year (2026 est.), which is 10.25% lower than the national median of $248,893 and 1.70% below the Indiana state average of $227,257.
Cost-of-Living Adjusted Salary
Franklin has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Franklin, IN has a cost-of-living index of 91.3 (below the national average of 100). A nurse anesthetist earning $223,393 nominally has purchasing power equivalent to $244,680 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$156,883
2025 BLS Actual
$212,351
2026 Current Est.
$223,393
2019–2027 Growth
+49.8%
Salary Trajectory for Nurse Anesthetists in Franklin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 5.20% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $156,883 | Actual |
| 2020 | $164,772 | Actual |
| 2021 | $175,569 | Actual |
| 2022 | $182,283 | Actual |
| 2023 | $190,864 | Actual |
| 2024 | $188,485 | Actual |
| 2025 | $212,351 | Actual |
| 2026(current) | $223,393 | Estimated |
| 2027 | $235,010 | Projected |
Based on 7 years of BLS OEWS data for the Franklin metropolitan area, the median nurse anesthetist salary grew 35.4% from $156,883 (2019) to $212,351 (2025). At a 5.20% compound annual growth rate, salaries are projected to reach $235,010 by 2027 — a total increase of $78,127 (49.80%) 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 5.20% 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) | $147,720 – $193,981 |
| 3-5 years (Mid Career) | $193,981 – $223,393 |
| 5+ years (Experienced) | $223,393 – $273,741 |
| 10+ years (Top Earner) | $273,741 – $308,259 |
CRNA salary ranges estimated from BLS percentile data. Individual nurse anesthetist compensation varies by employer, certifications, and specialization.
Nurse Anesthetist Job Market in Franklin
The local employment picture reveals that just six nurse anesthetists are currently working in Franklin, indicating a specialized market. Given the cost of living index of 91.3, which is below the national average, the purchasing power of these professionals can vary widely. Employers such as local hospital systems and ambulatory surgery centers offer differing pay structures, contributing to the observed salary spread. High-pay opportunities often align with roles that demand extensive on-call responsibilities, such as positions that require weekend or holiday coverage. Additional bonuses, like those for productivity or trauma care, can also significantly enhance earnings. For nurse anesthetists seeking to optimize their salary in Franklin, engaging with CRNA-owned anesthesia groups or exploring partnership tracks may yield better financial outcomes compared to traditional W-2 setups, particularly given the state's opt-out status which allows for increased practice autonomy.
More salary data for Franklin, IN:
Frequently Asked Questions
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Written by Alexandra Johnson, MSN, CRNA
Career Analyst
Alexandra Johnson has 10 years of experience as a nurse anesthetist. She specializes in anesthesia for orthopedic surgeries. She works in a regional medical center.
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 $212,351 for nurse anesthetistsin the Franklin metropolitan area. A 5.20% 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 5.20%, derived from historical BLS wage trends for nurse anesthetists (SOC 29-1151).
Compiled and verified by Alexandra Johnson, MSN, CRNA, a licensed nurse anesthetist with 10+ years of clinical experience. · View source data at BLS.gov