SalaryNode

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

Pediatricians in the Minneapolis-St. Paul-Bloomington, MN-WI area earn an average annual salary of $198,500. This figure is notably below the national average of $224,440, suggesting that while the demand is present, the compensation may be influenced by regional economic factors or a slightly more competitive market for specialized roles.

Executive Summary

  • Average Salary: $198,500 per year.
  • Growth Trend: Salaries have shifted 10.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $297,750.
  • Outlook: With a local workforce of 590 Pediatricians, General, the Minneapolis-St. Paul area demonstrates a solid presence of these professionals. The Location Quotient of 1.09 indicates a slightly higher concentration of these jobs compared to the national average, suggesting a stable and perhaps growing demand for pediatric care within the region.
2024 Market Data

Salary Overview

$198,500

The average Pediatricians, General in Minneapolis-St. Paul-Bloomington, MN-WI earns-11.6%below the national average.

BreakdownBased on 40h/week
Hourly

$95.4

Weekly

$3,817

Monthly

$16,542

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

Salary progression for Pediatricians, General in Minneapolis-St. Paul-Bloomington typically scales significantly 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 increased value and expertise.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$81,530$39.2
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$148,875$71.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$206,940$99.5
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$248,125$119.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$297,750$143.1

Detailed Pediatricians, General Market Analysis

Relocation Context

Nominal Salary

$198,500

Gross Pay

Real Wage (Purchasing Power)

$198,500

Adjusted for COL (100)

The average annual salary of $198,500 in Minneapolis-St. Paul-Bloomington aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a pediatrician's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain due to living expenses.

Job Market Context

590

Total Jobs

0.304

Per 1K Jobs

1.09

Location Quotient

Above Average

With a location quotient of 1.09, Minneapolis-St. Paul-Bloomington, MN-WI has a slightly higher-than-average concentration of Pediatricians, General roles compared to the national norm.

A Location Quotient of 1.09 signifies that Pediatricians, General are slightly more concentrated in the Minneapolis-St. Paul-Bloomington area than the national average. This suggests a healthy, albeit not overwhelmingly saturated, job market where demand is consistent with the supply of professionals, indicating good opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Pediatricians, General

CitySalaryDist.
St. Cloud, MN Pediatricians, General Salary$268,840 35%59 mi

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

Hiring Pediatricians, Generals?

Frequently Asked Questions

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

The median annual salary for a Pediatricians, General in Minneapolis-St. Paul-Bloomington, MN-WI is $198,500. This typically ranges from $81,530 for entry-level positions to $297,750 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 11.6% lower than the national median of $224,440.

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

Yes, it offers a balanced financial landscape.While the average salary of $198,500 is below the national average, the cost of living is also at the national average, making the compensation competitive in real terms. The slightly above-average concentration of jobs indicates a stable market.

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

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 St. Cloud, MN ($268,840) and others.

How does the Minneapolis-St. Paul salary compare to the national average for Pediatricians?

The average annual salary for Pediatricians, General in Minneapolis-St. Paul-Bloomington is $198,500, which is lower than the national average of $224,440.

What is the concentration of Pediatricians in Minneapolis-St. Paul compared to the rest of the US?

The Location Quotient for Pediatricians, General in Minneapolis-St. Paul-Bloomington is 1.09, indicating a slightly higher concentration of these professionals than the national average.

How does the cost of living affect the Pediatrician salary in Minneapolis-St. Paul?

With a Cost of Living Index of 100, the national average, the $198,500 salary in Minneapolis-St. Paul offers purchasing power equivalent to the national average, making it a financially stable location.

What does the total local workforce size suggest about job availability for Pediatricians?

A local workforce of 590 Pediatricians, General suggests a substantial presence of these professionals, indicating a consistent demand and a well-established healthcare sector for pediatric care in the region.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Minneapolis-St. Paul-Bloomington, MN-WI area with a job density of 0.304 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.