Average Physicians, All Other Salary in Northwest Minnesota nonmetropolitan area
Physicians in the Northwest Minnesota nonmetropolitan area command an impressive average annual salary of $313,650, significantly exceeding the national average of $256,170. This elevated compensation is likely driven by the unique demands and potential shortages of specialized medical professionals in more rural, less densely populated regions, necessitating higher pay to attract and retain talent.
Executive Summary
- Average Salary: $313,650 per year.
- Growth Trend: Salaries have shifted 9.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $470,475.
- Outlook: With a local workforce of 270 Physicians, All Other, and a Location Quotient of 0.67, the job market in Northwest Minnesota nonmetropolitan area indicates a specialized but not overly saturated field. While the concentration is below the national average, suggesting fewer physicians per capita than the national norm, the existing workforce size points to a stable demand for these critical roles within the region.
Salary Overview
The average Physicians, All Other in Northwest Minnesota nonmetropolitan area earns+22.4%above the national average.
$150.8
$6,032
$26,138
Physicians, All Other Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that the compensation for Physicians, All Other in the Northwest Minnesota nonmetropolitan area has experienced steady growth over the past four years. Economic factors, increasing healthcare needs, and the ongoing demand for medical professionals typically contribute to a positive salary trend, ensuring that these vital roles remain competitive.
Physicians, All Other Salary Distribution in Northwest Minnesota nonmetropolitan area
The salary progression for Physicians, All Other in Northwest Minnesota nonmetropolitan area typically scales significantly with experience. Entry-level positions will naturally command lower salaries, while seasoned professionals with extensive experience and specialized skills can expect to reach the higher end of the pay scale. The percentile gaps in salary data, though not detailed here, would clearly signify this career advancement and the increasing value placed on expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Resident / New GradClinical rotation complete. Gaining floor experience. | 10% (Entry) | $65,910 | $31.7 |
| Staff ClinicianFull patient caseload. Proficient in core procedures. | 25% (Junior) | $235,238 | $113.1 |
| Charge / SeniorShift lead. Precepts new hires. Specialized certification. | 50% (Median) | $313,643 | $150.8 |
| SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases. | 75% (Senior) | $392,063 | $188.5 |
| Director / LeadDepartment head or Advanced Practice Provider. | 90% (Expert) | $470,475 | $226.2 |
Detailed Physicians, All Other Market Analysis
Relocation Context
Nominal Salary
$313,650
Gross Pay
Real Wage (Purchasing Power)
$313,650
Adjusted for COL (100)
The average annual salary of $313,650 in Northwest Minnesota nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the higher nominal income translates directly into strong purchasing power, allowing physicians to maintain a comparable standard of living to their counterparts in higher-cost metropolitan areas, without the associated financial strain.
Job Market Context
270
Total Jobs
1.379
Per 1K Jobs
0.67
Location Quotient
Northwest Minnesota nonmetropolitan area has 0.67x the national average concentration of Physicians, All Other 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 0.67 for Physicians, All Other in Northwest Minnesota nonmetropolitan area suggests that this profession is less concentrated than the national average. This indicates that while there is a need for these specialists, the market is not saturated, potentially offering good opportunities for new entrants or those looking to relocate, as the demand may outpace the local supply.
Nearby Job Markets
Nearby Cities for Physicians, All Other
| City | Salary | Dist. |
|---|---|---|
| St. Cloud, MN Physicians, All Other Salary | $368,980↑ 18% | 17 mi |
| Minneapolis-St. Paul-Bloomington, MN-WI Physicians, All Other Salary | $332,780↑ 6% | 58 mi |
Comparing salaries near Northwest Minnesota nonmetropolitan area
Hiring Physicians, All Others?
Frequently Asked Questions
How much does a Physicians, All Other make in Northwest Minnesota nonmetropolitan area?
The median annual salary for a Physicians, All Other in Northwest Minnesota nonmetropolitan area is $313,650. This typically ranges from $65,910 for entry-level positions to $470,475 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Northwest Minnesota nonmetropolitan area is 22.4% higher than the national median of $256,170.
Is Northwest Minnesota nonmetropolitan area a lucrative place for Physicians, All Others?
Yes, it is a highly lucrative area for Physicians, All Other.Physicians here earn substantially more than the national average, and with a cost of living at the national average, their high salaries offer excellent purchasing power.
Is Northwest Minnesota nonmetropolitan area a good place to live for Physicians, All Others?
The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Northwest Minnesota nonmetropolitan area?
Some top paying nearby cities include St. Cloud, MN ($368,980) and Minneapolis-St. Paul-Bloomington, MN-WI.
How does the salary compare to the national average?
Physicians in Northwest Minnesota nonmetropolitan area earn an average of $313,650 annually, which is significantly higher than the national average of $256,170.
What is the Cost of Living in Northwest Minnesota nonmetropolitan area?
The Cost of Living Index in Northwest Minnesota nonmetropolitan area is 100, which is exactly the national average, indicating a balanced economic environment for compensation.
How concentrated is the physician workforce in this region?
The Location Quotient of 0.67 indicates that the physician workforce is less concentrated than the national average, suggesting a potentially strong demand relative to supply.
How many physicians are employed in this area?
There are approximately 270 Physicians, All Other employed in the Northwest Minnesota nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 270 employees in the Northwest Minnesota nonmetropolitan area area with a job density of 1.379 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Physicians, All Other • Data source: BLS OEWS 2024 •Jobs in Northwest Minnesota nonmetropolitan area