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Average Optometrists Salary in Minneapolis-St. Paul-Bloomington, MN-WI

Optometrists in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area earn an impressive average annual salary of $145,170. This figure slightly surpasses the national average of $141,560, suggesting that the specific economic conditions and demand within this vibrant Midwestern hub contribute to a competitive compensation landscape for eye care professionals.

Executive Summary

  • Average Salary: $145,170 per year.
  • Growth Trend: Salaries have shifted 10.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $178,220.
  • Outlook: With a local workforce of 450 Optometrists, the Minneapolis-St. Paul-Bloomington area demonstrates a stable, albeit not exceptionally concentrated, presence of these professionals. The Location Quotient of 0.85 indicates that the concentration of optometrists is slightly below the national average, implying a steady demand that aligns with the overall workforce size.
2024 Market Data

Salary Overview

$145,170

The average Optometrists in Minneapolis-St. Paul-Bloomington, MN-WI earns+2.6%above the national average.

BreakdownBased on 40h/week
Hourly

$69.8

Weekly

$2,792

Monthly

$12,098

Optometrists Salary Distribution in Minneapolis-St. Paul-Bloomington, MN-WI

Career progression for Optometrists in Minneapolis-St. Paul-Bloomington, MN-WI typically correlates with experience, leading to significant salary increases. Entry-level positions may start at a lower percentile, while seasoned professionals with specialized skills or in leadership roles can command salaries well into the higher percentiles, reflecting their accumulated expertise and value to practices.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$95,750$46
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$108,878$52.3
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$155,310$74.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$181,463$87.2
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$178,220$85.7

Detailed Optometrists Market Analysis

Relocation Context

Nominal Salary

$145,170

Gross Pay

Real Wage (Purchasing Power)

$145,170

Adjusted for COL (100)

The nominal average annual salary of $145,170 in Minneapolis-St. Paul-Bloomington, MN-WI is particularly attractive when considered against the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of an Optometrist's salary in this region is equivalent to the national standard, offering a balanced lifestyle without significant financial strain.

Job Market Context

450

Total Jobs

0.232

Per 1K Jobs

0.85

Location Quotient

Below Average

Minneapolis-St. Paul-Bloomington, MN-WI has 0.85x the national average concentration of Optometrists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.85 for Optometrists in Minneapolis-St. Paul-Bloomington, MN-WI suggests that the job market is neither oversaturated nor exceptionally scarce compared to national benchmarks. This indicates a healthy balance where opportunities exist for qualified professionals without intense competition, making it a potentially stable environment for career growth.

Nearby Job Markets

Nearby Cities for Optometrists

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

Hiring Optometristss?

Frequently Asked Questions

How much does a Optometrists make in Minneapolis-St. Paul-Bloomington, MN-WI?

The median annual salary for a Optometrists in Minneapolis-St. Paul-Bloomington, MN-WI is $145,170. This typically ranges from $95,750 for entry-level positions to $178,220 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 2.6% higher than the national median of $141,560.

Is Minneapolis-St. Paul-Bloomington, MN-WI a lucrative place for Optometrists?

Yes, it is a lucrative place for Optometrists.Optometrists in this area earn above the national average salary, and the cost of living is on par with the national average, indicating strong earning potential and purchasing power.

Is Minneapolis-St. Paul-Bloomington, MN-WI a good place to live for Optometrists?

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 ($125,160) and Southeast Minnesota nonmetropolitan area.

How does the Minneapolis-St. Paul-Bloomington Optometrist salary compare to the national average?

The average annual salary for Optometrists in Minneapolis-St. Paul-Bloomington, MN-WI is $145,170, which is slightly higher than the national average of $141,560.

What is the concentration of Optometrists in the Minneapolis-St. Paul-Bloomington area?

The Location Quotient is 0.85, meaning the concentration of Optometrists in this metropolitan area is slightly below the national average.

Does the cost of living affect the value of an Optometrist's salary in Minneapolis-St. Paul-Bloomington?

No, the cost of living index is 100, which is the national average. This means the $145,170 salary has the same purchasing power as the national average salary.

How many Optometrists are employed in the Minneapolis-St. Paul-Bloomington area?

There are approximately 450 Optometrists employed within the Minneapolis-St. Paul-Bloomington, MN-WI 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 450 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.232 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.