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Average Physicians, All Other Salary in Southwest Minnesota nonmetropolitan area

Yes, Southwest Minnesota nonmetropolitan area is a highly lucrative market for Physicians, All Others. With an average annual salary of $355,010, professionals here earn significantly more than the national norm.

Executive Summary

  • Average Salary: $355,010 per year.
  • Growth Trend: Salaries have shifted 30.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $532,515.
  • Outlook: The current demand for Physicians, All Others is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Southwest Minnesota nonmetropolitan area economy.
2024 Market Data

Salary Overview

$355,010

The average Physicians, All Other in Southwest Minnesota nonmetropolitan area earns+38.6%above the national average.

BreakdownBased on 40h/week
Hourly

$170.7

Weekly

$6,827

Monthly

$29,584

Physicians, All Other Salary Distribution in Southwest Minnesota nonmetropolitan area

The earning potential for Physicians, All Others in Southwest Minnesota nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $174,520, while highly experienced professionals can command wages upwards of $532,515.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$174,520$83.9
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$266,258$128
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$355,014$170.7
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$443,763$213.3
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$532,515$256

Detailed Physicians, All Other Market Analysis

Relocation Context

Nominal Salary

$355,010

Gross Pay

Real Wage (Purchasing Power)

$355,010

Adjusted for COL (100)

In Southwest Minnesota nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $355,010 to $355,010.

Job Market Context

60

Total Jobs

0.523

Per 1K Jobs

0.26

Location Quotient

Low Concentration

At 0.26x, Southwest Minnesota nonmetropolitan area has a notably lower concentration of Physicians, All Other jobs than the national average. Opportunities in this area are relatively scarce for this profession.

60 people work as Physicians, All Other in Southwest Minnesota nonmetropolitan area.

Only 0.523 out of every 1,000 local jobs are Physicians, All Other roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Physicians, All Other

Comparing salaries near Southwest Minnesota nonmetropolitan area

Hiring Physicians, All Others?

Frequently Asked Questions

How much does a Physicians, All Other make in Southwest Minnesota nonmetropolitan area?

The median annual salary for a Physicians, All Other in Southwest Minnesota nonmetropolitan area is $355,010. This typically ranges from $174,520 for entry-level positions to $532,515 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southwest Minnesota nonmetropolitan area is 38.6% higher than the national median of $256,170.

Is Southwest Minnesota nonmetropolitan area a good place for Physicians, All Others?

Yes, Southwest Minnesota nonmetropolitan area is financially attractive for Physicians, All Others. The average salary of $355,010 exceeds the national average. See distinct detailed breakdown below.

Is Southwest Minnesota nonmetropolitan area a good place to live for Physicians, All Others?

The Cost of Living Index in Southwest Minnesota nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southwest Minnesota nonmetropolitan area?

Some top paying nearby cities include St. Cloud, MN ($368,980) and Minneapolis-St. Paul-Bloomington, MN-WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Southwest Minnesota nonmetropolitan area area with a job density of 0.523 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.