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Average Neurologists Salary in Minnesota

Neurologists in Minnesota earn an impressive average annual salary of $305,110, significantly surpassing the national average of $290,000. This elevated compensation reflects the specialized nature of neurological care and the specific demand dynamics within the state, likely influenced by factors such as the concentration of healthcare facilities and the patient population requiring advanced neurological services.

Executive Summary

  • Average Salary: $305,110 per year.
  • Growth Trend: Salaries have shifted 6.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $457,665.
  • Outlook: Minnesota's neurology job market presents a robust outlook, characterized by a local workforce of 260 professionals and a Location Quotient of 1.81. This quotient indicates a concentration of neurologists nearly double the national average, suggesting strong demand and a thriving professional community within the state. The presence of a substantial workforce further underscores the established need for these highly specialized medical experts.
2024 Market Data

Salary Overview

$305,110

The average Neurologists in Minnesota earns+5.2%above the national average.

BreakdownBased on 40h/week
Hourly

$146.7

Weekly

$5,868

Monthly

$25,426

Neurologists Salary Distribution in Minnesota

The salary trajectory for neurologists in Minnesota typically scales significantly with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized expertise can command salaries well above the average. The percentile gaps in earnings clearly signify career progression, rewarding accumulated knowledge, patient management skills, and leadership within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$77,510$37.3
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$228,833$110
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$305,115$146.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$381,388$183.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$457,665$220

Detailed Neurologists Market Analysis

Relocation Context

Nominal Salary

$305,110

Gross Pay

Real Wage (Purchasing Power)

$323,210

Adjusted for COL (94.4)

A nominal salary of $305,110 in Minnesota offers considerable purchasing power, especially when contrasted with the local Cost of Living Index of 94.4. This index is slightly below the national average (100), meaning that the cost of goods and services is generally lower than the national benchmark. Therefore, the high average salary for neurologists translates into a strong real income and a favorable standard of living within the state.

Job Market Context

260

Total Jobs

0.091

Per 1K Jobs

1.81

Location Quotient

Major Hub

Minnesota has 1.8x the national concentration of Neurologists jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 1.81 for neurologists in Minnesota signifies a market where this specialty is significantly more concentrated than the national average. This suggests a robust demand for neurological services relative to the general physician population, potentially indicating a competitive environment for new entrants but also a strong network and ample opportunities for established practitioners. It highlights Minnesota as a key hub for neurological care.

Nearby Job Markets

Nearby Cities for Neurologists

Comparing salaries near Minnesota

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Frequently Asked Questions

How much does a Neurologists make in Minnesota?

The median annual salary for a Neurologists in Minnesota is $305,110. This typically ranges from $77,510 for entry-level positions to $457,665 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Minnesota is 5.2% higher than the national median of $290,000.

Is Minnesota a lucrative place for Neurologists?

Yes, Minnesota is a lucrative state for Neurologists.Neurologists in Minnesota earn an average of $305,110 annually, which is higher than the national average. Coupled with a cost of living slightly below the national average, this makes the state financially attractive for these specialists.

Is Minnesota a good place to live for Neurologists?

With a Cost of Living Index of 94.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Minnesota?

Some top paying nearby cities include Minneapolis-St. Paul-Bloomington, MN-WI ($309,720) and others.

How does Minnesota's neurologist salary compare to the national average?

Neurologists in Minnesota earn an average of $305,110 per year, which is approximately $15,110 more than the national average of $290,000.

What is the concentration of neurologists in Minnesota?

Minnesota has a Location Quotient of 1.81 for neurologists, indicating that the specialty is about 81% more concentrated in the state compared to the national average.

Is the cost of living high for neurologists in Minnesota?

The cost of living in Minnesota is 94.4, which is slightly below the national average of 100, suggesting that the high salaries offer good purchasing power.

How many neurologists are there in Minnesota?

The total local workforce for neurologists in Minnesota is approximately 260 professionals.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Minnesota area with a job density of 0.091 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.