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Average Clinical and Counseling Psychologists Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Clinical and Counseling Psychologists in the Minneapolis-St. Paul-Bloomington, MN-WI area earn an average annual salary of $96,960. This figure is notably below the national average of $107,350, suggesting that local market dynamics, such as demand and supply, may be influencing compensation. While the nominal salary is lower, understanding the local economic context is crucial for a complete picture.

Executive Summary

  • Average Salary: $96,960 per year.
  • Growth Trend: Salaries have shifted 4.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $136,280.
  • Outlook: The Minneapolis-St. Paul-Bloomington metropolitan area supports a robust workforce of 1,030 Clinical and Counseling Psychologists. With a Location Quotient of 1.14, the concentration of these professionals is slightly higher than the national average, indicating a healthy and established presence in the region. This suggests a stable demand for their specialized skills within the local healthcare and mental health sectors.
2024 Market Data

Salary Overview

$96,960

The average Clinical and Counseling Psychologists in Minneapolis-St. Paul-Bloomington, MN-WI earns-9.7%below the national average.

BreakdownBased on 40h/week
Hourly

$46.6

Weekly

$1,865

Monthly

$8,080

Clinical and Counseling Psychologists Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Career progression for Clinical and Counseling Psychologists in Minneapolis-St. Paul typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile of the salary range, while seasoned professionals with specialized expertise and a proven track record can command salaries in the higher percentiles. These percentile gaps are a clear indicator of the career ladder and the financial rewards associated with advancing in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$38,580$18.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$72,720$35
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$103,510$49.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$121,200$58.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$136,280$65.5

Detailed Clinical and Counseling Psychologists Market Analysis

Relocation Context

Nominal Salary

$96,960

Gross Pay

Real Wage (Purchasing Power)

$96,960

Adjusted for COL (100)

The average annual salary of $96,960 for Clinical and Counseling Psychologists in Minneapolis-St. Paul-Bloomington aligns precisely with the national average cost of living (index of 100). This means that, on average, the purchasing power of this salary within the local area is equivalent to the national average. Therefore, the nominal salary effectively translates to a comparable standard of living when compared to the rest of the country.

Job Market Context

1,030

Total Jobs

0.532

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of Clinical and Counseling Psychologists roles compared to the national norm.

A Location Quotient of 1.14 signifies that Clinical and Counseling Psychologists are 14% more concentrated in the Minneapolis-St. Paul-Bloomington area than the national average. This suggests a slightly more competitive job market, but also indicates a strong and established demand for these specialized roles. Employers may find a good pool of talent, while professionals can expect a market that values their expertise.

Nearby Job Markets

Nearby Cities for Clinical and Counseling Psychologists

Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI

Hiring Clinical and Counseling Psychologistss?

Frequently Asked Questions

How much does a Clinical and Counseling Psychologists make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Clinical and Counseling Psychologists in Minneapolis-St. Paul-Bloomington, MN-WI is $96,960. This typically ranges from $38,580 for entry-level positions to $136,280 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minneapolis-St. Paul-Bloomington, MN-WI is 9.7% lower than the national median of $107,350.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Clinical and Counseling Psychologists?

No, not strictly based on nominal salary compared to the national average.While the average salary of $96,960 is substantial, it falls below the national average of $107,350. However, the cost of living being at the national average means the purchasing power is comparable.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Clinical and Counseling Psychologists?

The Cost of Living Index in Minneapolis-St. Paul-Bloomington, MN-WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Minneapolis-St. Paul-Bloomington, MN-WI?

Some top paying nearby cities include Northwest Minnesota nonmetropolitan area ($99,910) and St. Cloud, MN.

How does the local workforce size affect job prospects?

With 1,030 Clinical and Counseling Psychologists, the local workforce is substantial, indicating a stable presence and ongoing need for these professionals in the Minneapolis-St. Paul-Bloomington area.

What does a Location Quotient of 1.14 mean for job seekers?

A Location Quotient of 1.14 suggests that the Minneapolis-St. Paul-Bloomington area has a slightly higher concentration of these psychologists than the national average, implying a healthy job market with potentially good opportunities.

How does the cost of living in Minneapolis-St. Paul compare nationally?

The Cost of Living Index for Minneapolis-St. Paul-Bloomington is 100, which is exactly the national average, meaning your salary's purchasing power is on par with the rest of the country.

Are there more or fewer Clinical and Counseling Psychologists in Minneapolis-St. Paul compared to the national average?

There are slightly more Clinical and Counseling Psychologists per capita in Minneapolis-St. Paul-Bloomington than the national average, as indicated by the Location Quotient of 1.14.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,030 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.532 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.