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Average Family Medicine Physicians Salary in Mankato, MN

Yes, Mankato, MN is a highly lucrative market for Family Medicine Physicianss. With an average annual salary of $297,430, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $297,430 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $446,145.
  • Outlook: This role remains a specialized component of the broader Mankato, MN economy.
2024 Market Data

Salary Overview

$297,430

The average Family Medicine Physicians in Mankato, MN earns+14.5%above the national average.

BreakdownBased on 40h/week
Hourly

$143

Weekly

$5,720

Monthly

$24,786

Family Medicine Physicians Salary Distribution in Mankato, MN

The earning potential for Family Medicine Physicianss in Mankato, MN varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $194,160, while highly experienced professionals can command wages upwards of $446,145.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$194,160$93.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$223,073$107.2
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$297,440$143
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$371,788$178.7
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$446,145$214.5

Detailed Family Medicine Physicians Market Analysis

Relocation Context

Nominal Salary

$297,430

Gross Pay

Real Wage (Purchasing Power)

$297,430

Adjusted for COL (100)

In Mankato, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $297,430 to $297,430.

Nearby Job Markets

Nearby Cities for Family Medicine Physicians

CitySalaryDist.
Minneapolis-St. Paul-Bloomington, MN-WI Family Medicine Physicians Salary$276,540↓ 7%66 mi
Rochester, MN Family Medicine Physicians Salary$278,900↓ 6%75 mi
St. Cloud, MN Family Medicine Physicians Salary$258,560↓ 13%95 mi

Comparing salaries near Mankato, MN

Hiring Family Medicine Physicianss?

Frequently Asked Questions

How much does a Family Medicine Physicians make in Mankato, MN?

The median annual salary for a Family Medicine Physicians in Mankato, MN is $297,430. This typically ranges from $194,160 for entry-level positions to $446,145 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 14.5% higher than the national median of $259,840.

Is Mankato, MN a good place for Family Medicine Physicianss?

Yes, Mankato, MN is financially attractive for Family Medicine Physicianss. The average salary of $297,430 exceeds the national average. See distinct detailed breakdown below.

Is Mankato, MN a good place to live for Family Medicine Physicians?

The Cost of Living Index in Mankato, MN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Mankato, MN?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($276,540) and Rochester, MN.

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

Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Mankato, MN