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Average Physicians, All Other Salary in Mankato, MN

Yes, Mankato, MN is a highly lucrative market for Physicians, All Others. With an average annual salary of $306,680, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $306,680 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $460,020.
  • Outlook: This role remains a specialized component of the broader Mankato, MN economy.
2024 Market Data

Salary Overview

$306,680

The average Physicians, All Other in Mankato, MN earns+19.7%above the national average.

BreakdownBased on 40h/week
Hourly

$147.4

Weekly

$5,898

Monthly

$25,557

Physicians, All Other Salary Distribution in Mankato, MN

The earning potential for Physicians, All Others in Mankato, MN varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $112,550, while highly experienced professionals can command wages upwards of $460,020.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$112,550$54.1
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$230,010$110.6
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$306,675$147.4
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$383,350$184.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$460,020$221.2

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$306,680

Gross Pay

Real Wage (Purchasing Power)

$306,680

Adjusted for COL (100)

In Mankato, MN, the Cost of Living Index is 100. This increases your effective purchasing power from $306,680 to $306,680.

Nearby Job Markets

Nearby Cities for Physicians, All Other

CitySalaryDist.
Minneapolis-St. Paul-Bloomington, MN-WI Physicians, All Other Salary$332,780↑ 9%66 mi
Rochester, MN Physicians, All Other Salary$295,900↓ 4%75 mi
St. Cloud, MN Physicians, All Other Salary$368,980↑ 20%95 mi

Comparing salaries near Mankato, MN

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Mankato, MN?

The median annual salary for a Physicians, All Other in Mankato, MN is $306,680. This typically ranges from $112,550 for entry-level positions to $460,020 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Mankato, MN is 19.7% higher than the national median of $256,170.

Is Mankato, MN a good place for Physicians, All Others?

Yes, Mankato, MN is financially attractive for Physicians, All Others. The average salary of $306,680 exceeds the national average. See distinct detailed breakdown below.

Is Mankato, MN a good place to live for Physicians, All Others?

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 ($332,780) 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 Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Mankato, MN