Average Family Medicine Physicians Salary in Minneapolis-St. Paul-Bloomington, MN-WI
Family Medicine Physicians in the Minneapolis-St. Paul-Bloomington, MN-WI area earn an impressive average annual salary of $276,540. This figure significantly surpasses the national average of $259,840, indicating a strong demand and potentially higher cost of living or specialized need for these essential healthcare professionals in the region.
Executive Summary
- Average Salary: $276,540 per year.
- Growth Trend: Salaries have shifted 10.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $414,810.
- Outlook: The Minneapolis-St. Paul-Bloomington metropolitan area supports a robust workforce of approximately 1,500 Family Medicine Physicians. With a Location Quotient of 1.11, this suggests a slightly higher concentration of these roles compared to the national average, pointing towards a stable and potentially growing job market for these specialists.
Salary Overview
The average Family Medicine Physicians in Minneapolis-St. Paul-Bloomington, MN-WI earns+6.4%above the national average.
$133
$5,318
$23,045
Family Medicine Physicians Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the average salary for Family Medicine Physicians in Minneapolis-St. Paul-Bloomington has seen consistent growth over the past four years, mirroring national trends of increasing healthcare compensation driven by demand and evolving medical practices.
Family Medicine Physicians Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI
Salary progression for Family Medicine Physicians in Minneapolis-St. Paul-Bloomington typically scales with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles, reflecting their accumulated expertise and value to healthcare systems.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $141,570 | $68.1 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $207,405 | $99.7 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $276,536 | $133 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $345,675 | $166.2 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $414,810 | $199.4 |
Detailed Family Medicine Physicians Market Analysis
Relocation Context
Nominal Salary
$276,540
Gross Pay
Real Wage (Purchasing Power)
$276,540
Adjusted for COL (100)
The average annual salary of $276,540 in Minneapolis-St. Paul-Bloomington aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Family Medicine Physician's salary in this region is equivalent to the national average, allowing for a comparable standard of living without significant financial strain.
Job Market Context
1,500
Total Jobs
0.775
Per 1K Jobs
1.11
Location Quotient
With a location quotient of 1.11, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of Family Medicine Physicians roles compared to the national norm.
A Location Quotient of 1.11 indicates that Family Medicine Physicians are slightly more concentrated in the Minneapolis-St. Paul-Bloomington area than the national average. This suggests a healthy, competitive market where demand is at least on par with, if not exceeding, the national average, offering good opportunities for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Family Medicine Physicians
| City | Salary | Dist. |
|---|---|---|
| Northwest Minnesota nonmetropolitan area Family Medicine Physicians Salary | $280,180↑ 1% | 58 mi |
| Southeast Minnesota nonmetropolitan area Family Medicine Physicians Salary | $291,600↑ 5% | 58 mi |
| Southwest Minnesota nonmetropolitan area Family Medicine Physicians Salary | $270,930↓ 2% | 58 mi |
| Northeast Minnesota nonmetropolitan area Family Medicine Physicians Salary | $282,870↑ 2% | 58 mi |
| St. Cloud, MN Family Medicine Physicians Salary | $258,560↓ 7% | 59 mi |
Comparing salaries near Minneapolis-St. Paul-Bloomington, MN-WI
Hiring Family Medicine Physicianss?
Frequently Asked Questions
How much does a Family Medicine Physicians make in Minneapolis-St. Paul-Bloomington, MN-WI?
The median annual salary for a Family Medicine Physicians in Minneapolis-St. Paul-Bloomington, MN-WI is $276,540. This typically ranges from $141,570 for entry-level positions to $414,810 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 6.4% higher than the national median of $259,840.
Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Family Medicine Physicianss?
Yes, it is a lucrative area for Family Medicine Physicians.The average salary of $276,540 significantly exceeds the national average, and the cost of living is at the national average, making earnings highly valuable.
Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Family Medicine Physicians?
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 ($280,180) and Southeast Minnesota nonmetropolitan area.
How does the Minneapolis-St. Paul-Bloomington salary compare to the national average?
Family Medicine Physicians in Minneapolis-St. Paul-Bloomington earn an average of $276,540 annually, which is $16,700 more than the national average of $259,840.
What is the concentration of Family Medicine Physicians in this area?
The Location Quotient of 1.11 indicates that Family Medicine Physicians are 11% more concentrated in Minneapolis-St. Paul-Bloomington compared to the national average, suggesting a strong presence in the region.
Does the cost of living affect the value of the salary?
No, the cost of living in Minneapolis-St. Paul-Bloomington is exactly at the national average (100), meaning the higher salary translates directly to strong purchasing power for physicians.
How many Family Medicine Physicians work in the Minneapolis-St. Paul-Bloomington area?
There are approximately 1,500 Family Medicine Physicians employed within the Minneapolis-St. Paul-Bloomington metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,500 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.775 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Family Medicine Physicians • Data source: BLS OEWS 2024 •Jobs in Minneapolis-St. Paul-Bloomington, MN-WI