BLS Official Data · OEWS May 2025

Psychiatrists in Minnesota

$333,320 / year · average (mean) annual wage
$160.25 per hour

▲ 23.5% above U.S. average2nd of 46 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$333,320per year
Median$336,410per year
Hourly$160.25per hour
10th – 90th percentile$90,470 – $446,520per year

Psychiatrists Pay Range in Minnesota

Pay distribution across experience levels

  • 10th Percentile — Entry Level$90,470
  • 25th Percentile — Junior$279,600
  • 50th Percentile — Median$336,410
  • 75th Percentile — Senior$382,210
  • 90th Percentile — Top Earners$446,520

Half of Psychiatrists in Minnesota earn more than $336,410. The top 10% make $446,520 or more, while entry-level workers start around $90,470.

Psychiatrists in Minnesota: Key Facts

Source: BLS OEWS May 2025

  • Minnesota ranks 2nd of 46 states for Psychiatrists pay, at $333,320 per year (23.5% above the U.S. average of $269,940).
  • 580 people work as Psychiatrists in Minnesota — 2.1% of all U.S. Psychiatrists jobs.
  • Location quotient 1.09: Psychiatrists jobs are more concentrated in Minnesota than in the U.S. overall.
  • Pay range: the lowest-paid 10% earn under $90,470; the top 10% earn over $446,520.
  • Hourly equivalent: $160.25 per hour (2,080 hours/year).
  • The highest-paying state is Missouri at $345,860.
  • Among healthcare jobs in Minnesota, Radiologists pays the most ($527,740).

Psychiatrists Job Market in Minnesota

Key factors affecting compensation

Minnesota's key industries are Healthcare, Finance, Manufacturing, and its job market is rated strong. Psychiatrists here earn $333,320 on average, placing the state 2nd nationally.

With a cost-of-living index of 1.0 (U.S. = 1.00), a Minnesota salary of $333,320 is roughly equivalent to $333,320 at the national average cost of living.

Compared with nearby states in the pay ranking, Missouri ($345,860), Florida ($328,060), Louisiana ($321,300) are the closest alternatives for Psychiatrists weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Psychiatrists salary in Minnesota?

The average Psychiatrists salary in Minnesota is $333,320 per year (median $336,410), which is 23.5% above the national average of $269,940.

How does Minnesota rank for Psychiatrists pay?

Minnesota ranks 2nd out of 46 states. The highest-paying state is Missouri ($345,860/yr).

How much do entry-level Psychiatrists make in Minnesota?

The lowest-paid 10% of Psychiatrists in Minnesota earn about $90,470 per year and the 25th percentile is $279,600.

How much do Psychiatrists make per hour in Minnesota?

About $160.25 per hour, based on the $333,320 annual average and 2,080 working hours per year.

How many Psychiatrists work in Minnesota?

BLS counts 580 Psychiatrists jobs in Minnesota (OEWS May 2025).

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